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Trading ideas: Eco World, MBSB, AWC
KUALA LUMPUR: JF Apex Research expects Eco World, MBSB and AWC to be among the stocks which could see some trading interest on Friday after their corporate news.It said Eco World teamed up with Cascara Sdn Bhd to jointly undertake an eco-themed mixed development, with an estimated gross development...
World Bank expects M’sian economy to pick up pace in 2017
Bank Negara in May reiterated its target for the Malaysian economy to achieve 4% to 4.5% growth in 2016.PETALING JAYA: The World Bank expects economic growth in Malaysia to trail expansion in the rest of the region this year, but to pick up pace from 2017 onwards as prices of commmodity...
KUB's business realignment a success, said Group MD
KUALA LUMPUR: KUB Malaysia Bhd's business realignment strategy to further enhance its operations has already yielded positive results over its past full financial year, said group managing director Datuk Abdul Rahim Mohd Zin.In a statement following the group's annual general meeting (AGM) in Kuala...
Six years on and still no upgrade
Chew (left) accompanied by residents looking at the broken drains during his visit to Taman Ikan Emas.BY SHALINI RAVINDRANTAMAN Ikan Emas in Bandar Tun Razak, Kuala Lumpur is in dire need of a facelift, say residents.Its roads are riddled with potholes, the drainage system is inadequate and the...
Lafarge facing stiff competition and higher costs, says Maybank IB Research
KUALA LUMPUR : Lafarge Malaysia's Bhd weaker first quarter earnings was reflective of the stiff competition and higher costs faced by players in the building materials segment, said Maybank IB Research.In a note today, the research house said that the company's quarterly earnings made up only 10%...
Resort operators in Eastern Sabah report increase in tourist arrivals, says Shahidan
BY LOSHANA K SHAGARKUALA LUMPUR: Resort operators within the Eastern Sabah Security Zone (Esszone) have reported an increase in tourist arrivals over the last year, a sign that tourist confidence has returned.Minister in the Prime Minister’s Department Datuk Seri Shahidan Kassim (pic) said the...
Penang govt responsible for environmental impact of tunnel project, says Wan Junaidi
BY MARTIN CARVALHOKUALA LUMPUR: It is the responsibility of the Penang government to address environmental issues related to the proposed undersea tunnel and hill slope development in the state.Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar (pic) said there is...
Star Media Group sees higher contribution from Cityneon
PETALING JAYA: In line with its plans to diversify the income base and sweat its assets better, Star Media Group Bhd is expecting its Singapore-listed Cityneon Holdings Ltd to contribute significantly to the group's performance in future.Star Media Group's chairman Datuk Fu Ah Kiow said that...
3 essentials for out-of-area property investment
BY NURUL ASMUI MD AZMIasmui@ocision.comBuying an investment property is still one of Malaysian’s favourite ways to invest. Investing in property means you are using your time and money to increase your wealth and securing your financial future.The best advice that any property investors can give...
No second guessing on TPP deal
Malaysia's policymakers prepare for TPP agreement pending ratification by US CongressPETALING JAYA: Ministry of International Trade and Industry (Miti) Secretary-General Tan Sri Rebecca Fatima Sta Maria declined to speculate the possible ramifications should the United States Congress rejects the...