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PETALING JAYA: Genting Singapore'sb/b>Resorts World at Sentosa (RWS) is in a good position to pull ahead of Las Vegas Sands' Marina Bay Sands (MBS) in the race to open the first casino in Singapore following a delay in the MBS project, analysts said.
PETALING JAYA: UMW Holdings Bhd is confident of securing a new contract for its jack-up drilling rig, Naga 2, to replace the US$170mil contract that was terminated by PCPP Operating Co Sdn Bhd recently, said president and chief executive officer Datuk Abdul Halim Harun.
THE aviation industry is already reeling from losses and dwindling demand due to the global recession. Even now, with oil prices having tumbled to well below last year's high of US$147 a barrel, several airlines are still paying off hedges locked in last year.
AS Malaysia enters a new chapter of relationship with China, following Prime Minister Datuk Seri Najib Razak's landmark visit to the country, a memorandum of understanding (MoU) between the countries' national postal companies had been sealed early this month.
PETALING JAYA: Bank Negara's upcoming revised economic forecast for the year will likely be not too far off from its previous projection of a 1% contraction to 1% growth, given that certain economic indicators, both global and local, are starting to stabilise, economists said.
Potential house buyers are still wary about making property purchases despite lower mortgage rates as the economic outlook remains uncertain, analysts said.