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Business 15 Jan 2015 | 12:00 AM

MISC redesignates Manharlal as director

PETALING JAYA: MISC Bhd has redesignated its Datuk Manharlal Ratilal (pic) as a director in the company from his previous position as chairman and director.

Community 11 May 2015 | 12:00 AM

New work order expected in commissioning oil contracts

KUCHING: Dayang Enterprise Holdings Bhd expects some of the new works orders for its hook-up commissioning (HUC) contracts, which are based on call-up basis, to come slower than earlier anticipated from oil majors.

Business 31 Jan 2015 | 12:00 AM

The short position

FORTUNE 500 companies typically prep their stakeholders about any imminent changes taking place, whether it be profit warnings or top management changes. Not doing so usually results in the company receiving flak from all quarters, be they investors, financiers or staff.

Business 31 Jan 2015 | 12:00 AM

Leveraging on shipping route

LEVERAGING on the strategic location along one of the world’s busiest shipping routes that is close to Jurong Petrochemical Hub, a number of locations had been earmarked for petroleum storage and petrochemical activities at the Southern tip of Peninsular Malaysia.

Business 05 Aug 2015 | 12:00 AM

Former Petronas president Shamsul named Petronas Gas chairman

PETALING JAYA: Petronas Gas Bhd (PetGas), which almost doubled its net profit in the second quarter ended June 30 to RM818mil, has appointed Tan Sri Shamsul Azhar Abbas as its new chairman.

Business 05 May 2015 | 1:09 PM

Petronas-led JV offers aboriginal group US$950m in Canada for project nod (Update)

KUALA LUMPUR: Pacific NorthWest LNG is offering up to C$1.15bil (US$950mil) over 40 years to an aboriginal community in Canada to approve its natural gas export terminal on Canada’s Pacific Coast.

Business 28 Apr 2015 | 12:00 AM

MMHE optimistic about O&G outlook

PETALING JAYA: Oil and gas (O&G) services provider Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) recorded a 4% year-on-year (y-o-y) increase in net profit to RM36mil for the first quarter ended March 31, 2015 on contributions from repairing vessels, floating storage units (FSUs) and general cargo businesses.

Business 04 Aug 2015 | 12:00 AM

Pressure on ringgit remains unabated

PETALING JAYA: At RM3.85 to the US dollar, the selling pressure on the ringgit remains unabated on the back of two probable developments – first, the widely speculated put option that traders had gone into a few months ago offering RM4 for every US dollar.

Letters 03 Apr 2015 | 12:00 AM

New Petronas CEO faces myriad of challenges


Business 03 Apr 2015 | 12:00 AM

BHIC to focus on providing services to the Navy

PETALING JAYA: After a challenging 2014, Boustead Heavy Industries Corp Bhd (BHIC) is looking forward to a “much brighter future” and will continue to make its shipbuilding activities for the Royal Malaysian Navy its top priority, according to chairman Tan Sri Lodin Wok Kamaruddin.