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Business

Tenaga, Maybank shore up KLCI at midday

KUALA LUMPUR: Tenaga Nasional and Malayan Banking (Maybank) shored up blue chips at midday on Tuesday as the FBM KLCI gave up most of its early gains due to the lack of fund support.

Business

Daibochi bullish on Myanmar venture

MYANMAR’s growing population, rising income levels and low cost business environment are among the key attractions that led to Daibochi Plastic and Packaging Industry Bhd’s decision to expand into the country.

Business

Telecoms company OCK forms another company in Myanmar

PETALING JAYA: Telecommunications network provider OCK Group Bhd, which announced its entry into Myanmar as well as Vietnam in June, has set up Well Synergy Resources Private Ltd under unit OCK International Sdn Bhd in Myanmar.

Business

Myanmar JV expected to lift Daibochi profit

PETALING JAYA: Daibochi Plastic & Packaging’s (Daibochi)’s proposed Mynmar joint-venture is expected to boost its profitability once the project is approved although the company’s net gearing will rise.

Business

Analysts positive on Daibochi deal

PETALING JAYA: Daibochi Plastic & Packaging’s (Daibochi) US$6.8mil (RM29.2mil) acquisition of a 60% stake in Daibochi Packaging (Myanmar) Co. Ltd. (DPM), has been optimistically received by analysts.

Business

Breakfast briefing: Tuesday, November 15

Breakfast briefing: Tuesday, November 15

Business

Daibochi to invest RM29mil in Myanmar JV company

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd will invest US$6.8mil (RM29mil) for a controlling stake in a new joint venture company to tap into the flourishing consumer packaging market in Myanmar

Business

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Business

Daibochi to invest RM29m to expand into Myanmar

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd will invest USD6.8mil (RM29mil) to set up a joint venture company in Myanmar to tap into the growing consumer packaging market there.

Business

Trading ideas: Westports, KKB Engineering, Scientex, Daibochi

KUALA LUMPUR: Westports, KKB Engineering, Scientex, Daibochi, Barakah and UMW Oil & Gas are among the stocks which could see trading action on Friday after their corporate news, says JF Apex Research.