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Business 08 Jun 2019 | 12:00 AM

2019 growth forecast for retail sales increased to 4.9%

PETALING JAYA: Retail Group Malaysia (RGM) is revising upwards its 2019 growth forecast for the country’s retail sales to 4.9% from 4.5% previously, following the better-than-expected growth rate in the first quarter and a pick-up in the second quarter.

Corporate News 15 Mar 2019 | 12:00 AM

BFood records stronger Q3 net proft

PETALING JAYA: Berjaya Food Bhd (BFood) has registered a 188% jump in its net profit to RM8.98mil for the third quarter ended Jan 31 on the back of higher profit contributions from its Starbucks operations and improved performance of Kenny Rogers Roasters in Malaysia.

Business 01 Feb 2019 | 4:47 AM

MAHB gears up to handle 16% surge in passenger traffic during CNY

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) expects an increase of nearly 16 per cent in passenger movement to pass through both terminals of KLIA Main and klia2 during the super peak period from now till Feb 13, 2019.

Corporate News 16 Jan 2019 | 12:00 AM

Singapore home sales down 50%

SINGAPORE: Private-home sales in Singapore halved in December from the month prior as developers marketed fewer projects and buyers decamped from the city-state on holiday.

Retail 02 Jan 2019 | 12:00 AM

Retail property expected to remain flat in Q1

PETALING JAYA: The retail property sector is expected to remain flat in the first quarter of 2019, underpinned by steady, yet cautious, consumer spending.

Business 18 Dec 2018 | 7:57 AM

MAHB expects higher passenger movement in December

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) expects the passenger movement at the Kuala Lumpur International Airport's (KLIA) main terminal and klia2 to surge by 12 per cent and 21 per cent, respectively, this month, which is considered a super-peak travel period.

Business 31 Oct 2018 | 12:00 AM

Sony boosts earnings outlook

TOKYO: Sony Corp upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit video-game titles that are boosting the PlayStation business.