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Former E-Commerce exec pleads guilty in EBay insider case

NEW YORK: A former executive at an e-commerce company that was acquired in 2011 by online retailer eBay Inc pleaded guilty on Friday to insider trading in connection with the takeover


Drought not only drying dams, but also our savings

Droughts can hurt oursavings so that active intervention is required.


E-commerce game changer for GDex

THERE was a time when GD Express Carrier Bhd founder Teong Teck Lean could put a crowd to sleep by talking about his business.


Schaeuble says UK's exit from the EU 'unimaginable'

Germany will do everything it can to keep Britain inside the EU, German Finance Minister Wolfgang Schaeuble said on Sunday after Britain's failed bid to stop the nomination of Jean-Claude Juncker for the EU's top job nudged it closer to the exit door.


Firm debut for Econpile on Main Market (Update)

KUALA LUMPUR: Econpile Holdings Bhd made a firm debut on the Main Market of Bursa Malaysia on Monday when it opened at 66 sen, which was 12 sen above price of 54 sen.

Corporate News

Boilermech seeks bigger challenges (Update)

BOILERMECH Holdings Bhd, as it awaits graduation to the Main Market of Bursa Malaysia, is looking at new areas of expansion in the palm oil and agriculture-based industries.


Positive views on i-City project

I-BHD has revised upwards its i-City gross development value (GDV) to RM7.5bil due to higher average selling prices (ASP) of RM800 per sq ft from a GDV of RM5bil (ASP of RM600 per sq ft) since the last report in November last year by Kenanga Research.

Corporate News

CIMB Research maintains AirAsia target price at RM2.88

KUALA LUMPUR: CIMB Equities Research is maintaining its target price of RM2.88 for AirAsia Bhd, which is 15.7% above the last traded price of RM2.49.


More mega projects in second quarter

KUALA LUMPUR: More mega infrastructure and property developments are expected to be launched in the second quarter of this year, said Works Minister Datuk Fadillah Yusof.


NGOs form coalition for bigger say in palm oil debate

Several non-governmental organisations have grouped together to form the Malaysian Palm Oil NGO coalition (MPONGOC) to engage more effectively with the major players in the palm oil industry