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KUALA LUMPUR: The surge in the share price of Public Bank Bhd’s local and foreign shares last Thursday and Friday is believed to be due to a revision in the weightage accorded to the shares by the FTSE Group in view of the impending merger of the two stocks.
SHANGHAI: Microsoft founder Bill Gates on Monday took to the pages of the People's Daily, the mouthpiece newspaper of China's ruling Communist Party, to encourage people in China to do more for the poor.
KUALA LUMPUR: Nestle Malaysia Bhd’s new Sri Muda factory in Shah Alam, which will commence operations by the fourth quarter of 2014, is set to boost its ready-to-drink manufacturing capacity by 75%.
PETALING JAYA: Tiong Nam Logistics Holdings Bhd bagged two awards in the transportation and logistics category at Frost & Sullivan’s “Malaysia Excellence Awards”.
KUALA LUMPUR: The FBM KLCI closed higher on Tuesday, underpinned by late buying of heavyweight Telekom Malaysia and Public Bank amid a mixed broader market.
KUALA LUMPUR: GHL System Bhd’s subsidiary, GHL (Thailand) Co Ltd, and Thanachart Bank Public Co Ltd have signed an agreement to jointly develop and launch a third-party merchant acquiring service (TPA).