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Business

Authorities vetting two auto companies on EEV investments

PETALING JAYA: The Government expects to secure up to RM7bil more in investments by the end of this year from foreign automotive players looking to manufacture energy-efficient vehicles (EEVs) in the country.

Business

Oriental plans to expand land-bank in Indonesia

GEORGE TOWN: Diversified conglomerate Oriental Holdings Bhd plans to increase its oil palm plantation land-bank especially in Indonesia, says group chief financial officer Adrian Wong Tet Look.

Business

Paramount eyes more synergies between education, property businesses

SUBANG JAYA: Paramount Corp Bhd wants to seek more synergies between its education and property businesses in the Klang Valley, northern Peninsular Malaysia and in other markets, moving forward.

Business

Lower landing fees at Langkawi airport, MAHB urged

LANGKAWI: Former Prime Minister Tun Dr Mahathir Mohamad has urged Malaysia Airports Holdings Bhd (MAHB) to lower the landing fees at Langkawi International Airport, saying it would attract more direct flights to the resort island.

Business

Firm cultivates orchids using biotechnology

In the 16th century, tulip mania became the first recorded speculative bubble. At its peak, 12 acres of land was offered for a Semper Augustus orchid bulb.

Business

Naza Euro to launch Citroen's C-range in Malaysia

SHAH ALAM: Naza Euro Motors Sdn Bhd will soon be launching more of Citroen’s C-range cars in the country.

Plantations

Maybank IB Research starts coverage of Boustead Plantations

KUALA LUMPUR: Maybank Investment Bank Research (Maybank IB) has initiated coverage of Boustead Plantations with a sum-of-parts target price of RM2.16, which is 37% above the Tuesday’s traded price of RM1.58.

Business

Trading ideas: Mah Sing, China Stationery, DRB Hicom, PJ Devt, OSK Property

KUALA LUMPUR: JF Apex Research expects Mah Sing, China Stationery, DRB-Hicom, PJ Development and OSK Property to see trading interest on Friday.

Business

Biodiesel terminals for Sabah and Sarawak

KUCHING: Fifteen terminals with in-line blending facilities are under construction in Sarawak and Sabah to facilitate the implementation of the biodiesel (B5) programme.

Business

EPF: 249 company directors prevented from leaving Malaysia

KUALA LUMPUR: A total of 249 names of company directors had been submitted to the Immigration Department to prevent them from leaving the country without first settling their Employees Provident Fund (EPF) contribution arrears.