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Country Heights to unveil RM11bil Mines Wellness City

SERI KEMBANGAN: Country Heights Holdings Bhd’s flagship Mines development is getting a new lease of life as Mines Wellness City, an RM11bil mixed use project anchored on a health and wellness theme.


Meps plans to install another 300 ATMs in 2014

KUALA LUMPUR: Malaysian Electronic Payment System (MEPS) plans to install 300 Automated Teller Machines (ATMs) next year, bringing the total to 500 MEPs ATMs by the end of 2014.


Tan Sri Syed Mokhtar Al-Bukhary - Head honcho of MMC and DRB-Hicom

INVESTORS would do well to keep an eye on Syed Mokhtar. After a spate of privatisations over the past two years, the tycoon could be close to floating some of his assets on the market to pare down his debts.


M'sian civil service is not bloated, Govt looking at ways to improve

BEFORE I start talking about how we can and are doing things differently in the civil service, let me clear up this common misconception that the civil service is bloated.


Natural rubber exports in Nov 2013 up 15% to 74,792 tonnes

KUALA LUMPUR: Natural rubber exports in November last year rose 15% to 74,792 tonnes from the same period in 2012, the Statistics Department said today.


OSK Property FY13 earnings up 75.9% to RM55.46m

KUALA LUMPUR: OSK Property Holdings Bhd earnings jumped 75.9% to RM55.46mil in the financial year ended Dec 31, 2013 from RM31.52mil in FY12 due to good take-up rates for its properties and progress for its projects.


AES valuation tiff

PETALING JAYA: The Government’s planned takeover of the companies operating the controversial Automated Enforcement System (AES) has hit a bump due to a valuation gap between the authorities and the concessionaires.


Aeon in RM700mil expansion mode, going into smaller towns

KLANG: Japanese retailer Aeon Co (M) Bhd has set aside RM700mil this year to open three new Aeon outlets and two MaxValu stores as it boosts spending to expand its presence into smaller towns.


Locally assembled Ford van to be launched next month

The new Ford Transit van, which will be assembled locally, will be launched next month.


BAuto unit sees Mazda sales jump in 2014

PETALING JAYA: Bermaz Motor Sdn Bhd, the exclusive distributor of Mazda cars in Malaysia, is aiming for a 12% jump in sales to 10,000 units this year from 8,931 units sold in 2013.