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Business 25 Dec 2010 | 12:00 AM

Axiata may sell stake in Iranian telco, says brokerage

KUALA LUMPUR: Axiata Group Bhd may dispose of its 49% stake in Iran's Mobile Telecommunications Co of Esfahan (MTCE), a small mobile operator it acquired in 2005.

Business 24 Dec 2010 | 12:00 AM

Inflation likely to be higher next year

PETALING JAYA: Malaysia's inflation rate is likely to be higher next year as private consumption improves and subsidy rationalisation continues gradually.

Business 29 Nov 2010 | 12:00 AM

Foreigners invest more in Malaysian Government Securities

PETALING JAYA: The appreciation of the ringgit against the US dollar, rising interest rate and redirection of funds are among the reasons that have triggered an increase in foreign buying of Malaysian Government Securities (MGS).

Business 23 Nov 2010 | 12:00 AM

Market not impressed by RM1.62bil offer on QSR, share price falls

PETALING JAYA: Tan Sri Halim Saad's RM1.62bil offer to buy QSR Brands Bhd's business failed to impress the market, prompting some investors yesterday to lock in gains on QSR shares and related companies KFC Holdings (M) Bhd (KFCH) and Kulim (M) Bhd amid worries that the proposed takeover may not go through.

Business 08 Nov 2010 | 12:00 AM

CPO futures prices on Bursa Malaysia Derivatives are expected to be firmer this week

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to be firmer this week on expectations of better overseas demand amid tight supply.

Business 30 Oct 2010 | 12:00 AM

MHB dominates in Bursa debut

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) debuted strongly on the Bursa Malaysia main market yesterday, closing with a 71 sen premium over its offer price of RM3.80 per share.

Business 19 Oct 2010 | 12:00 AM

Major projects under Budget 2011 will drive demand for building materials

PETALING JAYA: The construction sector emerged as the clear winner from Budget 2011 but a rally in the past months means stocks valuation are no longer cheap and the risk is higher.

Business 09 Oct 2010 | 12:00 AM

Recall to cost Proton RM5mil

PETALING JAYA: The recall of 15,911 of Proton Holdings Bhd's Gen.2 and Satria Neo models made between 2004 and 2008 due to a clock spring malfunction is likely to cost the company an estimated RM5mil, according to analysts.

Business 06 Oct 2010 | 12:00 AM

ETP to help revitalise financing sector

PETALING JAYA: Loans growth from banks' domestic operations which had shown signs of moderation over the past five years is expected to be boosted by increased activities under the Economic Transformation Programme (ETP).

Business 02 Oct 2010 | 12:00 AM

Home financing forms a big chunk

THE numbers speak for themselves. Most banks, especially those with a strong retail banking orientation, see property loans as an important part of their loan portfolio.