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Business

Gamuda core net profit rises to RM818mil

Results boosted by jump in overseas property sales

Corporate News

Gamuda core net profit hits new high

KUALA LUMPUR: Gamuda Bhd took a one-time hit in the fourth quarter arising from the disposal of its water assets to the Selangor state government, but a jump in property sales overseas boosted its annual core profit to a new high.

TECH

Global spending on digital marketing nears RM400bil: study

Spending on digital marketing grew by 44% last year in the United States and Britain to US$52bil (RM214bil), a study has found, estimating that global outlays on such tactics are approaching US$100bil (RM412bil).

Corporate News

Scotch whisky makers see dram half full over Brexit

FALKIRK, Scotland/LONDON: Scotch whisky makers were among the most fervent industry advocates for staying in the European Union, but if Britain has to leave, they prefer a clean break.

Corporate News

Second-hand ship sales reach 10-year high

SINGAPORE: Sales of second-hand ships reached a 10-year high on cautious optimism that one of the shipping industry's worst ever downturns is nearing an end.

Business

What lies ahead for Ezra in bid to stay afloat?

SINGAPORE: Troubled offshore marine group Ezra Holdings is set to face its next big test at its meeting with bondholders on Monday.

Business

Asia, Mideast oil product tankers idle as slow trade cuts earnings

SINGAPORE: Dozens of tankers used to carry refined oil products are sitting idle in Asia and the Middle East as slow trade and an oversupply of ships have cut daily earnings to as little as a fifth of last year's level, shipbrokers and traders said.

Business

UK advisers struggling with Chinese stock listings

LONDON: Almost two-thirds of the advisory firms who assist in stock exchange listings in London say they are struggling to guide Chinese firms through the process, a survey showed, in the latest sign of problems with such initial public offerings.

Business

Breakfast briefing December 3

Breakfast briefing December 3