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Business

Seizing the opportunity

MARKETS were falling and the global stage was in turmoil as it became apparent on that Wednesday morning that the next president of the US would be Donald Trump.

Business

Breakfast briefing: Friday, May 6

Breakfast briefing: Friday, May 6

Business

Gabungan AQRS in JV to build PR1MA houses for RM424mil

KUALA LUMPUR: A joint venture (JV) owned 49% by Gabungan AQRS Bhd will develop PR1MA (Perumahan Rakyat 1Malaysia) homes, together with all the necessary amenities, utilities, facilities and infrastructures, in Kuantan, Pahang, for RM424.23mil.

Business

Reducing reliance on foreign workers

PETALING JAYA: The freeze on the hiring of foreign workers from February reveals how reliant Malaysia’s economy is on low-wage labour for growth.

Business

Solving affordability issues

BUYING a house can be an emotive affair. Selling a house can be equally so. Whether the emotions are on the part of the buyer or the seller, Bank Negara has found itself in a tussle between protecting the house buyer and the developer’s balance sheet.

Business

Chin Hin: New factory to require RM85mil in investment

KUALA LUMPUR: Integrated building materials specialist Chin Hin Group Bhd has bought new high-tech machinery for its upcoming factory, which is estimated to require RM85mil in investment.

Business

Affin Research maintains "Buy" recommendation for Gabungan AQRS

KUALA LUMPUR: Affin Research is maintaining its “Buy” call on Gabungan AQRs with a target price of RM1.72 as it is positive of the company securing more construction and property jobs to boost construction billings and property development.

Business

Affin Research maintains Buy on Kimlun, positive on prospects

KUALA LUMPUR: RHB Research has maintained its Buy call on Kimlun with a lower target price of RM2.36 from RM2.61 as RHB likes Kimlun for its involvement in the MRT project

Business

Iris moves to shed its past

THE stigma of Iris Corp Bhd may be hard to forget. Recall in 2006 when the passport-chip maker was in the crosshairs of the Securities Commission which designated the stock after the speculative frenzy that sent the company’s shares from 8.5 sen to RM1.37 within a few months.

Business

AmResearch retains Buy on Kimlun, FV RM2

KUALA LUMPUR: AmResearch is maintaining a Buy call on Kimlun with a fair value of RM2 a share, which is a 20% discount to its sum-of-parts value.