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Business

Sime Darby Plantation against land acquisition

PETALING JAYA: Sime Darby Plantation Bhd has claimed that the Melaka state authorities and a Taiwanese-controlled company are trying to wrongfully acquire its 185.5 acres of land in Merlimau at below market valuations.

Business

Regulations planned for resale of affordable houses

KUALA LUMPUR: The Housing and Local Government Ministry plans to set regulations for affordable homes to be sold back to the ministry if the homeowner wishes to sell.

Business

Malaysia well on track to become high income nation, says World Bank

KUALA LUMPUR: Malaysia is well on its way to cross the threshold into high-income and developed country status in the coming years, said the World Bank.

Business

Profit taking in palm oil market next week?

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit taking next week as oversupply concerns loom in line with the seasonal trend, said a dealer.

Business

Ringgit seen to be exchanged cautiously next week

KUALA LUMPUR:The ringgit is likely to be exchanged cautiously amid aversion from risk-laden currencies and will be traded at between RM4.09 and RM4.16 against the US dollar next week, a dealer said