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Business

EPF on bonds and economy

THERE is still some cheer amidst the high inflation rate (4.6% in April) and oil prices (hovering around US$70 per barrel) as the country's first quarter gross domestic product (GDP) grew by 5.3%.

Business

OSK first quarter profit surges 45% to RM41mil

OSK Holdings Bhd yesterday reported a 45% increase in pre-tax profit to RM40.7mil for the first quarter ended March 31 compared with RM28.1mil in the previous corresponding quarter.

Business

KLCI recovers slightly on blue-chip support

Buying support for select heavyweight stocks helped the Kuala Lumpur Composite Index (KLCI) recover slightly Tuesday after falling for eight consecutive trading days.

Business

Latest HLA fund targets RM50m gross premiums

Hong Leong Assurance Bhd (HLA) expects its latest single premium investment-linked fund, HLA Capital Guaranteed Fund 1, to bring in RM50mil in gross premiums at the close of the fund's offer period.

Business

Group seeks more high growth areas

MOVING into higher-end residential developments will spur greater growth for OSK Property Holdings Bhd. The company is eyeing a bigger stake in the niche market,especially in the Klang Valley. Executive director-cum-chief operating officer Gerard Tan shares his plans for the company and his outlook for the market with StarBizassistant news editor ANGIE NG.

Business

MAHB worst hit of MSCI removed stocks

Malaysia Airports Holdings Bhd (MAHB) was the worst hit among the 14 stocks that Morgan Stanley Capital International (MSCI) said it was removing from its Malaysian index effective the end of this month.

Business

News in brief

News briefs on Mayban, VW, forex reserves and JHM.

Business

Evolution of China’s bourses

In his column 'Capital Talk' Tan Teng Boo, CEO of Capital Dynamics Sdn Bhd, says that China today is the world's most exciting, dynamic and successful economy.

Business

Benefits of stronger ringgit

With the ringgit's gradual strengthening against the greenback having been given a fair share of media coverage in recent weeks, one could ask what this development means for Malaysia, particularly from an economic or corporate point of view.

Business

ING eyes 12% return from fund

ING Funds Bhd is targeting 12% return from its new ING AsiaPac Capital Guaranteed Fund, a three-year maturity investment fund that combines 100% return on capital and diversification into five selected Asia-Pacific equity market indices.