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Business 25 Nov 2009 | 12:00 AM

Impact of FRS139’s debut on firms

KUALA LUMPUR: The roll-out of the Financial Reporting Standard 139 (FRS139) on Jan 1 is expected to have significant impact on the performance of Malaysian companies, KPMG Malaysia partner Thong Foo Vung said.

Business 24 Nov 2009 | 12:00 AM

AFB funded assets may reach RM1.5b The bank has large deals in the pipeline

KUALA LUMPUR: Asian Finance Bank Bhd (AFB) foresees its funded assets growing to RM1.5bil by the end of its next financial year ending Dec 31 from RM1bil expected this year, supported by large deals in the pipeline.

Business 24 Nov 2009 | 12:00 AM

Tell the Malaysian story to global investors, says Najib

NEW YORK: Datuk Seri Najib Tun Razak said Malaysia's message of reforms and transformation needs to be told to foreign investors consistently or risk being overshadowed by countries like China and other emerging economies.

Business 24 Nov 2009 | 12:00 AM

Islamic deposit insurance to create level playing field among banks

KUALA LUMPUR: The role of Islamic deposit insurance is to create a level playing field between Islamic and conventional banks apart from maintaining a foundation for public confidence to the banks, says Malaysia Deposit Insurance Corp (MDIC) chief executive officer Jean Pierre Sabourin.

World 23 Nov 2009 | 12:00 AM

China attacks "biased" U.S. cyber-spying report

BEIJING (Reuters) - China on Monday accused a U.S. congressional advisory panel of bias for a report in which it said the Chinese government appeared increasingly to be piercing U.S. computer networks to gather useful data for its military.

World 23 Nov 2009 | 12:00 AM

China attacks "biased" U.S. cyber-spying report

BEIJING (Reuters) - China on Monday accused a U.S. congressional advisory panel of bias for a report in which it said the Chinese government appeared increasingly to be piercing U.S. computer networks to gather useful data for its military.

Nation 21 Nov 2009 | 12:00 AM

PKA to implement suggestions on corporate governance

PETALING JAYA: The Port Klang Authority (PKA) will implement the suggestions of the ad hoc committee on corporate governance.

Nation 21 Nov 2009 | 12:00 AM

Felda to venture into seaweed cultivation

Felda, which is known for its vast palm oil and rubber development programmes, is now looking to the sea in its new venture.

Business 21 Nov 2009 | 12:00 AM

Geared for progress

The Malaysian economy is being reformed to tap innovation and new sources of growth. What will it take to build this new economic model?

Business 21 Nov 2009 | 12:00 AM

Driving private investments

Mida's efforts to put Malaysia on the high-growth path