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Business

Analysts upbeat on Measat privatisation

KUALA LUMPUR: Analysts are generally positive on Measat Global Bhd's privatisation deal and likely to advise shareholders to take up the general offer by its major shareholder.

Business

Stalemate may delay water-transfer project

PETALING JAYA: The disagreement between the Federal Government and Selangor is likely to delay the full implementation of the Pahang-Selangor interstate water transfer project.

Business

Optimism on auto sector running high

PETALING JAYA: Analysts are upbeat about the outlook of the local automotive industry for 2010, saying 'the current state of the auto industry is one of optimism not seen since 2005.'

Business

Genting’s ‘racino’ proposal faces uncertainty

PETALING JAYA: The delay in the proposed development and operation of a video lottery facility at New York City's Aqueduct Racetrack does not bode well for Genting Malaysia Bhd which is now the sole surviving contender for the project, according to analysts.

Business

Top ten market picks

IN times of volatility, stock picking can prove to be a mighty challenge. Here are top ten stock choices of research heads and fund managers based on a myriad of reasons.

Business

OPR hike in H2 unlikely, says Kenanga Research

KUALA LUMPUR: The possibility of another Overnight Policy Rate (OPR) hike in the second half of this year is unlikely, with growing concerns over euro debt crisis, says Kenanga Research.

Business

Gaming sector takes hits

PETALING JAYA: There is never a dull moment in the gaming sector over the past couple of weeks. Within that period, the Government has decided to abort sports betting while number forecast operators (NFOs) were served with a letter informing them that the pool betting duty has been increased.

Business

Genting falls on British casino plan

PETALING JAYA: Genting Malaysia Bhd was one of the top losers on the local bourse yesterday as the casino operator's share price tumbled after it announced plans to buy Genting Singapore PLC's operations in Britain (Genting UK) on Thursday.

Business

MAS can do without A380s

PETALING JAYA: The possibility of Malaysia Airlines (MAS) cancelling its A380s order from Airbus SAS is unlikely to hurt the national carrier as much as it will hurt the European planemaker.

Business

Puncak, KPS rise on fresh hope in assets consolidation

PETALING JAYA: Renewed hopes for an amicable solution in the plan to consolidate water assets in Selangor gave a boost to shares in concessionaires Puncak Niaga Bhd and Kumpulan Perangsang Selangor Bhd (KPS).