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Business 17 Dec 2013 | 12:00 AM

Bumi Armada units get job extension

PETALING JAYA: Bumi Armada Bhd’s units have secured a two-year extension worth RM221mil for their contracts with Afren Energy Resources Bhd for the bareboat charter and the operations and maintenance of a floating production, storage and offloading (FSPO) vessel.

Business 27 Dec 2013 | 5:55 PM

Tengku Zafrul named CEO of CIMB Investment Bank

CIMB Group has appointed former CEO of Maybank Investment Bank Tengku Zafrul Tengku Abdul Aziz as CEO of CIMB Investment Bank Berhad effective Jan 2, 2014.

Business 07 Dec 2013 | 12:00 AM

Citibank flows with the trends

THE face of the banking sector would likely look alien from what it is now in a matter of a few years, and the evolution will be driven by three major trends taking the world over now.

Business 27 Dec 2013 | 2:58 PM

Benalec to appoint new directors in next 6 months

SHAH ALAM: After the resignation of two former executive directors, Benalec Holdings Bhd expects to recruit professionals to fill in the gap that Datuk Leaw Tua Choon and Datuk Leaw Ah Chye left in the next six months.

Business 07 Dec 2013 | 12:00 AM

InvestKL plays essential role to attract multinational companies, says Altran

Petaling Jaya: So many government agencies, so many institutions – it all gets rather overwhelming for foreign companies setting up in Malaysia.

Business 06 Dec 2013 | 8:10 PM

Mokhzani, Yeow relinquish management roles in SapuraKencana

KUALA LUMPUR: Datuk Mokhzani Mahathir and Yeow Kheng Chew have relinquished their management roles as executive directors in SapuraKencana Petroleum Bhd.

Business 12 Dec 2013 | 12:00 AM

Mustapa: Don't base assessment of TPP negotiations on WikiLeaks

SINGAPORE: International Trade and Industry Minister Datuk Seri Mustapa Mohamed has urged the Malaysian public not to base their assessment of the on-going Trans Pacific Partner (TPP) Agreement negotiations on WikiLeaks.

Business 28 Dec 2013 | 12:00 AM

Telecoms sector in for tough times

THE outlook for the telecoms services industry remains positive next year with service providers set to generate cashflow via broadband growth and cost savings.

Business 04 Dec 2013 | 2:27 PM

Datasonic streaks to fresh record high, looking beyond RM10

KUALA LUMPUR: Shares of the ICT-based Datasonic Group Bhd continued to advance to its all-time high of RM9.49 on Wednesday, with investors looking at beyond the RM10 target.

Business 05 Dec 2013 | 6:49 AM

Deals of the day- mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Wednesday: