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Auto 17 Aug 2018 | 12:00 AM

Malaysia vehicle sales in July second highest in auto industry

PETALING JAYA: Total vehicle sales rose 41% to 68,465 units in July from 48,533 units in the previous corresponding period on the back of lower prices due to the zero-rating of the goods and services tax (GST) currently.

Stocks Analysis 24 Aug 2018 | 12:00 AM

Analyst reports

AMMB HOLDINGS BHD, SUNWAY BHD, VELESTO ENERGY BHD.

Corporate News 01 Sep 2018 | 12:00 AM Premium

Azhar faces mammoth task in FGV

Years of operational inefficiencies take a toll on giant planter

Property 04 Sep 2018 | 12:00 AM

Not-so-good news deep in China developers’ fabulous earnings

SHANGHAI: The financial results of Chinese developers this earnings season have been roundly impressive, but there is one metric that should give investors pause: Firms’ ability to service their debt is the weakest in three years.

Plantations 07 Sep 2018 | 12:00 AM

Plantation and services to be hit by minimum wage hike

PETALING JAYA: The plantation and services sectors are expected to be most affected by the increase in minimum wage while the impact on other industries will be “manageable”, said analysts.

Corporate News 13 Sep 2018 | 12:00 AM

FPSO’s final acceptance to mitigate default risks on loans

PETALING JAYA: The final acceptance of Bumi Armada Bhd’s Armada Kraken floating production, storage and offloading vessel (FPSO) will help mitigate the group’s default risks on its related borrowings and improve earnings and cash flow visibility.

Analyst Reports 13 Sep 2018 | 12:00 AM

Telecom sector 'neutral', Construction 'neutral', Serba Dinamik 'outperform'

CGS CIMB stays “neutral” on the telecom sector. It noted that during the June to August 2018 quarter, postpaid market activities were largely quiet. U-Mobile (UM) raised its brand’s visibility with a new RM50 per month unlimited plan.

Plantations 14 Sep 2018 | 12:00 AM

August palm oil inventory rises on weak exports

PETALING JAYA: Malaysia’s palm oil stocks rose 12% month-on-month (m-o-m) and 28% year-on-year (y-o-y) in August on the back of weak exports, despite lower CPO production during the month.

Corporate News 17 Sep 2018 | 1:24 AM

CGS-CIMB Research: Banks loan growth to ease from September

KUALA LUMPUR: The banking industry’s loan growth picked up from 4.4% year-on-year (y-o-y) at end-March 2018 to 5% y-o-y at end-June 2018.

Corporate News 19 Sep 2018 | 1:13 AM

CGS-CIMB positive on resignation of FGV CEO

KUALA LUMPUR: CGS-CIMB said news of the resignation of FGV Holdings Bhd president and CEO Datuk Zakaria Arshad was a “slight positive” for FGV as it appears that the matter has ended amicably.