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Maxis posts RM319m net profit in 4Q, RM1.38b in FY20
KUALA LUMPUR: Maxis Bhd posted net profit of RM319mil in the fourth quarter ended Dec 31,2020 and RM1.38bil for FY2020, proving its resilience amid a challenging year due to the Covid-19 pandemic.
IJM Corp posts stronger 3Q results, net profit at RM144m
KUALA LUMPUR: IJM Corporation Bhd posted a strong set of financial results for the third quarter ended Dec 31,2020 (3Q FY2021) as its net profit jumped 190.4% to RM144.49mil from RM49.76mil a year ago.
Oil price rises after data shows slump in US output amid Texas freeze
NEW YORK:Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output after a deep freeze disrupted production last week
New Perodua SUV to be unveiled next Wednesday
RAWANG: Perodua will launch its much-anticipated D55L compact turbocharged sport utility vehicle (SUV) on March 3, via an online premiere
Oil price settles mixed amid post-storm uncertainty
NEW YORK: Oil prices settled near year-long highs on Tuesday on signs that global coronavirus restrictions were being eased, although concerns about the pace of a U.S. economic recovery and the return of Texas oil production kept gains in check.
Kohl’s faces activist group seeking board control
NEW YORK: Kohl’s Corp is under pressure from a group of activists who want to name nine directors to control its board and press the retailer to reduce inventory and streamline promotions, according to a person familiar with the situation.
Savills: Vietnam expects hospitality recovery in 2021
HANOI: January started on a positive note, with city hotels seeing increased MICE and event bookings, while in some resorts corporate bookings started to return, according to Savills Vietnam.
Indonesia issues ‘priority’ investment list under new regulation
JAKARTA: Indonesia’s government has issued a new regulation on investment following the passage of its job creation law last year, which includes the removal of some restrictions on foreign investment in a bid to boost investment into its pandemic-hit economy.
China sees booming mobile Internet traffic on spring holidays
BEIJING: China’s mobile data consumption saw remarkable growth during the country’s seven-day Spring Festival holiday, official data showed
Perodua's D55L model open for booking
KUALA LUMPUR: The Perodua D55L - the most advanced Perodua model to-date - is now open for booking, with X, H and AV variants available at on-the-road (without insurance) estimated prices between RM62,500 and RM73,400 in Peninsular Malaysia.
