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Business 29 Aug 2009 | 12:00 AM

Domestic consumption picks up the slack

THE good news continued to roll in over the week, with Malaysia being the latest economy from Asia to report an increasingly rosier outlook. While the numbers may not appear encouraging, particularly with a gross domestic product (GDP) contraction of 3.9% year-on-year (y-o-y) for the second quarter to June, they managed to beat market expectations.

Business 29 Aug 2009 | 12:00 AM

Some success stories

THE grass always looks greener on the other side. But is it? Spurred by the success of others, it is natural for Malaysian firms that have not taken that step to venture abroad.

Business 31 Oct 2009 | 12:00 AM

Who’s footing the bill?

With car prices at high levels, consumers may be the ones losing out.

Business 03 Nov 2009 | 12:00 AM

Lityan shares lifted by speculation on new GLC status

PETALING JAYA: Shares of Lityan Holdings Bhd posted sharp gains for a second straight day, lifted by heavy speculation that the revamped firm's new status as a government-linked company (GLC) would put it in a better position, at least financially, to secure lucrative public contracts.

Business 10 Nov 2009 | 12:00 AM

Pelikan to close RM227mil German deal soon

KUALA LUMPUR: Pelikan International Corp Bhd hopes to conclude a 45 million euros (RM227mil) cash deal to acquire a 66% stake in another German stationery maker, Herlitz AG, together with the firm's logistics centre and related assets located near Berlin, by the year-end.

Business 24 Nov 2009 | 12:00 AM

Research houses optimistic on local stock market

PETALING JAYA: The current corporate earnings season so far has yielded more upgrades than downgrades from analysts, and Bank Negara confirmed last week that the country is well on its way out of recession by the year-end.

Business 25 Nov 2009 | 12:00 AM

MIDF expects 9.7% IJM revenue growth y-0-y in 2010

KUALA LUMPUR: MIDF Research expects IJM Corp Bhd to post 9.7 per cent revenue growth year-on-year for the financial year 2010 on the back of strong billings on RM4.8 billion order book.

Business 19 Jan 2010 | 12:00 AM

Bank Negara's more stringent NPL guidelines

PETALING JAYA: It has become crucial for banks to maintain a strong impairment methodology and credit-risk grading system in line with Bank Negara's newly released set of guidelines on the classification of non-performing loans (NPLs) and the provisioning for loan impairment.

Business 20 Jan 2010 | 12:00 AM

FBM KLCI finishes above 1,300 points

PETALING JAYA: The local benchmark stock index yesterday closed above 1,300 points for the first time since May 2008, shored up by high expectations that Public Bank Bhd's final-quarter earnings would be good.

Business 23 Jan 2010 | 12:00 AM

EON Cap board yet to decide on calling for vote

PETALING JAYA: The EON Capital Bhd (EON Cap) board has not yet made a decision on whether to put before shareholders the proposed purchase of its assets and liabilities by Hong Leong Bank Bhd (HLB) for RM4.92bil cash, sources said.