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Business

Malaysia moves up World Bank business index

PETALING JAYA: Malaysia moved up nine places to secure a global ranking of 15 in the World Bank’s business index after carrying out six business reforms in the past year.

Business

AmInvest Research retains neutral on telcos, keeps buy on Axiata

KUALA LUMPUR: AmInvestment Bank Research is retaining its neutral call for the Malaysian telcos due to the continued intense competition in both the mobile and fixed broadband market.

Corporate News

MyEG up on news MyCC accepted changes to services

PETALING JAYA: MyEG Services Bhd’s shares closed 17.8% higher at RM1.19 yesterday, following news that the Malaysia Competition Commission (MyCC) has accepted the changes made to the group’s online foreign worker renewal services.

Corporate News Premium

Top 40 Richest Malaysians: Part 7

CHEAH’S wealth is derived from a direct 9.3% in Value Partners Group, and an indirect 21.8% via Cheah Capital Management Inc. Value Partners is listed on the Hong Kong stock exchange.

Business

Asia Internet Holdings sells 75m MY EG shares for RM103.5m

KUALA LUMPUR: Asia Internet Holdings Sdn Bhd disposed of 75 million shares in MY E.G. Services Bhd at RM1.38 each on Thursday.

Business

Asia Internet sells MyEG shares for RM103.5mil

KUALA LUMPUR: Asia Internet Holdings Sdn Bhd has disposed of 75 million shares in My EG Services Bhd (MyEG) at RM1.38 each.