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Property 25 Sep 2017 | 2:46 PM

SP Setia issues RM434mil sukuk to pay for Penang land

KUALA LUMPUR: SP Setia Bhd, which is buying 1,674.83 acres in Penang for RM620.12mil, has issued Islamic medium-term notes (sukuk murabahah) of RM434mil to part finance the purchase.

Business 13 Feb 2019 | 12:00 AM

Services producer price index up 0.6%

KUALA LUMPUR: The Services Producer Price Index (SSPI) for the fourth quarter 2018 increased 0.6% to 109.2 points as compared to the same quarter in 2017.

Economy 12 Feb 2018 | 7:20 AM

Services Producer Price index records 0.4% increase in Q4

KUALA LUMPUR: The Services Producer Price Index (SPPI) compiled by the Department of Statistics Malaysia shows that prices charged by the local services industry increased an average of 0.4% over the last quarter of 2017.

Economy 09 Feb 2018 | 4:53 AM

Services sector records revenue of RM339b in Q42017

KUALA LUMPUR: Malaysia's services sector recorded strong revenue growth of RM399.70bil in the fourth quarter of 2017, according to the Statistics Department.

Economy 17 May 2017 | 4:57 AM

April inflation up 4.4% from year ago on fuel hike

KUALA LUMPUR: Malaysia's inflation rate rose 4.4% in April from a year ago mainly due to the petrol price hike, the Statistics Department said.

Business 17 Feb 2017 | 7:27 AM

MARC affirms BLand’s debt note ratings, outlook stable

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed its ratings on Berjaya Land Bhd’s (BLand) outstanding RM500mil Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Bhd (Danajamin) at AAA(fg) and RM150mil MTN Programme guaranteed by OCBC Bank (M) Bhd at AAA(bg), with stable outlook.

Business 02 Dec 2016 | 12:00 AM

Berjaya Assets reports Q1 loss

PETALING JAYA: Berjaya Assets Bhd recorded RM158.78mil in net loss for the first quarter ended Sept 30, 2016, due to lower profits from numbers forecast operator Natural Avenue Sdn Bhd (NASB) as the company made higher prize payouts during the period.

Business 20 Feb 2014 | 8:40 AM

Malaysia's Jan inflation hits 27-month high

KUALA LUMPUR: Malaysia's consumer price index in January rose 3.4% from a year earlier, reflecting a rise in prices of food, transport and electricity, data from the Statistics Department showed on Wednesday.

Business 27 Aug 2010 | 12:00 AM

Olympia aborts sale of flagship building

PETALING JAYA: Olympia Industries Bhd has decided to abort the proposed disposal of its flagship corporate building Menara Olympia in Kuala Lumpur to Jelita Timur Sdn Bhd.

Business 23 Aug 2010 | 12:00 AM

Spotlight on Genting EGM

PETALING JAYA: While the investing community may now be re-looking at Genting Malaysia Bhd due to its new flavour as an international play, just earlier this year this casino operator did not have a compelling story to tell.