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STATE oil company Petroliam Nasional Bhd (Petronas) is reviewing its second floating liquefied natural gas development (PFLNG2) and is now in talks that could see the project suspended for at least two years, according to Upstream, an international oil and gas publication.
PURPOSE built student accommodation (PBSA) or student property in the UK is an attractive investment as it offers an annual net yield of between 7% and 9% after outgoings, says Cornerstone International Properties director Virata Thaivasigamony.
KUALA LUMPUR: Mitsubishi Motors Malaysia Sdn Bhd, the distributor of Mitsubishi vehicles in Malaysia, is aiming for sales of 12,000 vehicles in the coming financial year ending March 2017.
KUALA LUMPUR: Blue chips snapped their two straight days of losses on Friday, underpinned by fund buying of key stocks including CIMB, Genting Bhd and Sime Darby as sentiment improved in line with key markets and a recovery in crude oil prices.
KUALA LUMPUR: Selling pressure on Petronas linked stocks and plantations in the late afternoon on Thursday sent the FBM KLCI again into the red as sentiment took a hit from the fall in crude oil prices and tumble in China markets.
KUALA LUMPUR: Key Asian markets were mostly lower at midday, dragged down by losses in China while at Bursa Malaysia, blue chips lost traction, weighed down by Petronas Chemicals.
HONG KONG: Credit conditions for Asia-Pacific borrowers could become less favourable in the coming years, raising refinancing risk as weak commodities and slow growth take their toll against the backdrop of a strong dollar, rating agency Standard & Poor’s warned.