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Fintech 22 Jul 2019 | 12:00 AM

Orion bets big on small loans

SHAH ALAM: Last year, budding financial technology (fintech) firm Orion IXL Bhd got its first big break with a 15-year contract to provide end-to-end loan application solutions for the country’s top cooperative (co-op).

Business 20 Jul 2019 | 12:00 AM Premium

National cars maintain lead

National carmakers Proton and Perodua dominate sales over their foreign counterparts in the first half of this year as more customers traded their cars for more competitively-priced sport-utility vehicles (SUVs) despite the uncertain economic conditions.

Business 18 Jul 2019 | 12:00 AM

Contractors could secure up to RM11bil in ECRL

PETALING JAYA: Local contractors could secure between RM8.8bil and RM11bil in civil work contracts from the RM44bil East Coast Rail Link (ECRL), which is set to be relaunched at the end of the month.

Business 17 Jul 2019 | 5:03 AM

Khazanah clarifies on CIMB shares sale

KUALA LUMPUR: Khazanah Nasional Bhd has clarified that it has not dispose of its shares in CIMB Group Holdings Bhd.

Business 17 Jul 2019 | 12:00 AM

MGO on the cards for Media Prima

PETALING JAYA: A mandatory general offer (MGO) at Media Prima Bhd seems more likely now, as Tan Sri Syed Mokhtar Albukhary further tightened his grip on the media company with an additional 55 million shares or a 4.96% stake last Thursday.

Business 16 Jul 2019 | 12:00 AM

Minimal impact seen for glove makers

PETALING JAYA: The gas tariff hike of 5.3% is expected to only minimally impact glove manufacturers’ earnings in the third quarter, said CGS-CIMB.

Business 16 Jul 2019 | 12:00 AM

CGS-CIMB: Sale of FGV China Oils is a positive move for FGV

PETALING JAYA: The sale of FGV Holdings Bhd’s loss-making FGV China Oils Ltd (FGVCO) to China-based Grand Industrial Holding Co Ltd for RM100mil will allow the group to stop accounting for losses in its loss-making entity.

Business 15 Jul 2019 | 12:00 AM

How China can create its own Goldman Sachs

AN age-old question has reared its head again: Why can’t China create a globally competitive investment bank in the mold of Goldman Sachs Group Inc or Morgan Stanley?

Business 10 Jul 2019 | 12:00 AM

Analysts have mixed views on Bursa’s year-end close

PETALING JAYA: Analysts have mixed views on the year-end performance of Bursa Malaysia.

Business 06 Jul 2019 | 12:00 AM Premium

LSK on acquisition trail to fuel growth in B2C segment

A year since its acquisition of the Mattress Factory Outlet (MFO) chain, Malaysia’s largest latex mattress manufacturer Lee Swee Kiat Group Bhd (LSK) is not showing any signs of slowing down.