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Corporate News 13 Jan 2020 | 7:00 AM

Casino close to selling discount chain Leader Price to rival Aldi

PARIS: French retailer Casino Guichard Perrachon SA is in advanced talks to sell its Leader Price discount chain to German low-cost rival Aldi, a source with knowledge on the matter said on Saturday.

Business 27 Jun 2019 | 7:40 AM

Govt targets to cut fiscal deficit to below 3% in 2021

KUALA LUMPUR: Finance Minister Lim Guan Eng says the government's fiscal consolidation is on track as it targets to reduce the deficit from 3.7% of GDP in 2018 to below 3% by 2021.

Analyst Reports 10 Jan 2019 | 12:49 AM

CIMB Research sees lower earnings for Petronas Gas

KUALA LUMPUR: CIMB Equities Research expects Petronas Gas’ FY19-20F earnings could be lower due to lower gas transportation tariffs and a gradual change in asset base valuation.

Corporate News 03 Jan 2019 | 12:00 AM

Brokers cut earnings forecasts on PetGas

PETALING JAYA: Several research houses have cut their earnings forecasts on Petronas Gas Bhd (PetGas) following the announcement of lower tariffs for the group’s gas-based infrastructure assets.