Business
Back to homepage“Sell assets and you may lose votes, Pakatan”
PUCHONG: A backbencher has warned that the government’s plan to sell nation’s assets in a bid to settle debts would cause the people to vote Pakatn Harapan out in the next general election. “If the Pakatan Harapan led government under
Read MoreRM79.4 million local shares offloaded from Sept 17 to 19
KUALA LUMPUR: International investors turned net sellers on Bursa Malaysia last week, offloaded RM79.4 million worth of local equities between Sept 17 to 19, in contrast with the RM247.1 million of foreign net buying registered for the same period the
Read MorePetronas enhancing security at facilities after Saudi oil attacks
KUALA LUMPUR: Petronas is planning to enhance security at its critical oil facilities following the recent attacks on two major facilities run by Saudi Arabia’s state oil giant, Saudi Aramco. Petronas president and group CEO Wan Zulkiflee Wan Ariffin said
Read MoreKhazanah to sell entire stake in Indonesian toll highway
KUALA LUMPUR: Khazanah Nasional Bhd is selling its entire stake in the Cikopo-Palimanan (Cipali) toll road, one of the longest toll roads in Indonesia to the Canada Pension Plan Investment Board (CPPIB). CPPIB and its partner, PT Baskhara Utama Sedaya
Read MoreHUR, a leader in resolving ageing, rehabilitation and maintaining wellness
HUR (Helsinki University Research) is a world-leading training solution offers well-proven exercising concepts for active ageing, rehabilitation and the inclusive wellness market. Every feature of HUR’s solutions has been designed to simplify use, ensure safety, and increase motivation – for
Read MoreRinggit moderately lower against US dollar
KUALA LUMPUR: The ringgit was moderately lower against the US dollar at Thursday’s opening on lack of demand despite yesterday’s decision by the US Federal Reserve to cut interest rate. At 9 am, the ringgit eased to 4.1905/1945 versus the
Read MoreTony Fernandes resigns from all posts, except AirAsia Group and AirAsia X
PUCHONG: AirAsia Group Bhd chief executive Tan Sri Tony Fernandes announced that he will relinquish all board positions from his companies, except AirAsia Group and AirAsia X Berhad. Announcing his decision via Twitter, Fernandes said that he plans to allow
Read MoreIndex slide 0.45%, oil prices cooled off
KUALA LUMPUR: The FBM KLCI fell 0.45% in early trade this morning, weighed by select index-linked stocks as crude oil prices stabilised somewhat. At 9.05am, the FBM KLCI fell 7.13 points to 1,597.17. The decliners included Hong Leong Financial Group
Read MoreAnalysts: Malaysia will benefit from oil price rise
KUALA LUMPUR: Malaysia is one of the few Asian countries that will benefit from the spike in oil prices in the aftermath of the attack on Saudi Arabia’s petroleum facilities that knocked out more than five percent of global supply
Read MoreRedzuan: SMEs needs to buck up with culture to succeed
KUALA LUMPUR: The small and medium enterprise sector needs to buck up with the culture to succeed and contribute up to 50 percent to the economy, said Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof. “Appreciating culture is not new.
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