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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.

Business 20 Oct 2018 | 12:00 AM

Lost World of Tambun a popular destination

FROM a barren wasteland to a family holiday destination, the Lost World of Tambun theme park in Ipoh has grown from strength to strength.

Corporate News 19 Sep 2018 | 12:00 AM

Positive outlook for Genting despite theme park delays

PETALING JAYA: Despite the likely delays of Genting Malaysia Bhd’s Skytropolis indoor theme park and 20th Century Fox attraction, the group’s outlook for the second half of financial year 2018 (FY18) remains positive, says RHB Research.

Analyst Reports 28 Aug 2018 | 1:07 AM

Only World Group’s FY18 earnings below forecast, FV lowered to RM1.01

KUALA LUMPUR: Only World Group’s (OWG) FY18 earnings remain underwhelming, says AmInvestment Research as it kept its hold recommendation with a lower fair value of RM1.01 a share from RM1.39.