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Business

QL expansion of production rated a plus

QL RESOURCES expanded its surimi-based production capacity by 15,000 tonnes in December 2013. This is expected to result in 11% increase in total marine products manufacturing (MPM) segment production to 150,000 tonnes including deep-sea fishing operations

Business

Badlisham succeeds Bashir as MAHB MD

KUALA LUMPUR: Datuk Mohd Badlisham Ghazali (pic) will succeed Tan Sri Bashir Ahmad Abdul Majid as managing director of Malaysia Airports Holdings Bhd (MAHB), effective June 23.

Business

AirAsia X sees China overtaking Australia to become its largest market soon

SEPANG: AirAsia X Bhd expects its China operation to grow rapidly and surpass its Australia market and become the group’s largest market, as the airline increases the number of its destinations there.

Business

CIMB Research still positive on YTL Power

KUALA LUMPUR: CIMB Equities Research remains optimistic about YTL Corp’s competitive positioning for future power and infrastructure projects on an open tender basis.

Business

Asian markets, KLCI slide on Wall Street woes

KUALA LUMPUR: All key regional markets fell at the midday break on Wednesday as investor sentiment turned cautious after the overnight decline on Wall Street, with key stock Tenaga Nasional and plantations weighing on the FBM KLCI.

Business

Year-end holidays, festive season to boost airlines' Q4 ticket sale

PETALING JAYA: The fourth quarter, which is traditionally the strongest quarter for airlines, is expected to bring positive news to carriers after the relatively rough patch in the first half of this year.

Business

Lux living in Seremban

PROPERTY developer IJM Bhd recently launched the 76-unit Saujana Duta Phase II project in its sprawling 1,520ha development in Seremban 2.

Business

No exact science in PE investments

DESPITE Ekuiti Nasional Bhd (Ekuinas) booking a loss from its investments in the Burger King franchise, the government-linked private equity fund management company says exiting the quick service restaurants (QSR) segment will help narrow its focus to its other profitable franchise businesses.

Business

MAHB to complete Act of Aggression exercise by 2022

SUBANG: Airport operator Malaysia Airports Holdings Bhd (MAHB) aims to complete the Act of Aggression exercise at all local airports under its management by 2022, says chief executive officer Raja Azmi Raja Nazuddin.