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Business 02 Jul 2019 | 12:00 AM

LafargeHolcim may have joined race for BASF mortars unit

CHICAGO: LafargeHolcim Ltd has joined the bidding for BASF SE’s construction chemicals business, according to sources, as chief executive officer Jan Jenisch seeks to diversify Europe’s largest cement maker.

Business 02 Jul 2019 | 12:00 AM

UWC posts RM8.8mil profit in Q3

PETALING JAYA: Integrated engineering supporting services provider UWC Bhd has posted a net profit of RM8.82mil for the third quarter ended April 30, bringing its nine-month net profit to RM26.16mil.

Business 29 Jun 2019 | 12:00 AM

Taking a toll on consumers

Comment by Pankaj C. Kumar SINCE May 9 of last year, one of the most hotly debated issues among Malaysians is Pakatan Harapan’s unfulfilled promises of its GE14 manifesto. Never mind the fact that most people who voted the government in did not even bother to read the 60 promises that the government had intended to carry out over its five-year term.

Business 29 Jun 2019 | 12:00 AM

Consultants appointed for HSR project

PETALING JAYA: MyHSR Corp Sdn Bhd has appointed Minconsult Sdn Bhd and Ernst & Young as the technical advisory consultant (TAC) and commercial advisory consultant (CAC) respectively for the Kuala Lumpur-Singapore high speed rail (HSR) project.

Business 29 Jun 2019 | 12:00 AM Premium

Institutional shareholders flex their muscles

Shareholders, especially institutional ones, are beginning to flex their muscles on the remuneration of boards of directors – something quite rare in corporate Malaysia previously.

Business 29 Jun 2019 | 12:00 AM

Property tourism in a market glut

A GROUP of about 100 people from Hong Kong exit a tour bus that’s parked at the base of Phileo Damansara in Petaling Jaya, making their way up excitedly to Sheng Tai International Sdn Bhd, a diversified real estate, investment management and hospitality firm.

Business 29 Jun 2019 | 12:00 AM

Bursa holds steady ahead of G20 meet

REVIEW: It’s been a week of speculation over the direction of global monetary policy on the heels of announcements made previously that central banks may be moving towards monetary easing.

Business 29 Jun 2019 | 12:00 AM

MSCI disappoints Pakistan traders hoping for a downgrade

EQUITY traders are usually disappointed when MSCI Inc downgrades a country’s index status. With Pakistan, they are upset it didn’t.

Business 28 Jun 2019 | 8:25 AM

Minconsult, E&Y appointed consultants for KL-SG HSR

KUALA LUMPUR: MyHSR Corp Sdn Bhd has appointed Minconsult Sdn Bhd and Ernst & Young as the technical advisory consultant (TAC) and commercial advisory consultant (CAC) for the Kuala Lumpur-Singapore high speed rail project respectively.

Business 28 Jun 2019 | 12:00 AM

Poh Huat second-quarter net profit down 12%

PETALING JAYA: Despite higher revenue, Poh Huat Resources Bhd’s net profit fell 12% to RM9.54mil for the second quarter of its financial year ending Oct 31, 2019 (FY19), from RM10.84mil in the same period last year, due to higher expenses.