Recent Articles

MDEC’s GAIN programme paves way for Malaysia’s historic LEAP listing, Cloudaron

MDEC’s GAIN programme paves way for Malaysia’s historic LEAP listing, Cloudaron

The Global Acceleration and Innovation Network (GAIN) programme initiated by Malaysia Digital Economy Corporation (MDEC) is about to make a significant breakthrough next week with the listing of Cloudaron Group Berhad on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (LEAP). According to MDEC vice president (enterprise development) Gopi Ganesalingam, ASEAN is the fastest growing internet economy in the world, […]

September 24, 2017 | By | Reply More
Boardroom shake-up at Astro Overseas Ltd

Boardroom shake-up at Astro Overseas Ltd

PETALING JAYA: Months after the losses of Astro Overseas Ltd’s (AOL) investments in India came on the markets radar, it is now seeing changes in the boardroom, with further deterioration in its financials. A recent check with the Companies Commission of Malaysia showed that a whopping rise in net loss to RM909.81 million for the […]

September 24, 2017 | By | Reply More
CIMB-Principal launches CIMB Islamic Global Equity Fund

CIMB-Principal launches CIMB Islamic Global Equity Fund

PETALING JAYA: CIMB-Principal Asset Management Bhd has launched CIMB Islamic Global Equity Fund, the latest addition to its suite of 20 Islamic funds, that taps into the growth prospects of syariah-compliant global equities. CIMB-Principal is confident of achieving a target fund size of RM300 million in assets under management within a year of the fund’s […]

September 24, 2017 | By | Reply More
MP: Best to keep profitable PLUS in govt hands

MP: Best to keep profitable PLUS in govt hands

KUALA LUMPUR: A member of parliament has joined the tide of concern over the possibility of PLUS Malaysia Bhd being acquired by a private party, saying the profitable highway operator should remain in government hands.Anuar Manap, the MP for Sekijang, raised this concern, citing previous cases where private entities that owned strategic businesses or assets […]

September 24, 2017 | By | Reply More
Southeast Asian online services firm Sea Ltd lines up US$1b New York IPO

Southeast Asian online services firm Sea Ltd lines up US$1b New York IPO

SINGAPORE: Southeast Asia’s Sea Ltd, which provides e-commerce and digital payments services, is eyeing a US$1 billion (RM4.2 billion) offering of new shares in aggregate in a proposed initial public offering (IPO) on the New York Stock Exchange, according to a document it has filed with the US Securities and Exchange Commission. Goldman Sachs (Asia), […]

September 24, 2017 | By | Reply More
Mitsubishi Releases New Triton VGT AT GL

Mitsubishi Releases New Triton VGT AT GL

Pickup trucks have become more than just heavy-duty vehicles for moving furniture or transporting items that are sometimes too bug for a normal car to handle. They have evolved in terms of practicality and design, making them suitable even for everyday use. With this in mind, Mitsubishi Motors Malaysia (MMM) is introducing a new Mitsubishi […]

September 24, 2017 | By | Reply More
Passionate About Being Different

Passionate About Being Different

“Kenapa no tie biru? (Why no blue tie?)” “You know why. All the pictures are blue for Zurich, it’s so standard. I wanted to be a bit different lah. I am different in what I do.” That short interaction between him and the communications team summed up one of Zurich Insurance Malaysia Berhad’s top performing […]

September 24, 2017 | By | Reply More
CIMB-Principal launches new CIMB Islamic Global Equity Fund to tap into global growth

CIMB-Principal launches new CIMB Islamic Global Equity Fund to tap into global growth

KUALA LUMPUR: CIMB-Principal Asset Management Bhd’s recently-launched CIMB Islamic Global Equity Fund, the latest addition to its suite of 20 Islamic funds, is aimed at tapping into the growth prospects of global equities which are Shariah-compliant. Chief executive officer Munirah Khairuddin said the fund offers investors diversification benefits by enabling access to equities in numerous […]

September 24, 2017 | By | Reply More
More Chinese cities impose property control measures

More Chinese cities impose property control measures

BEIJING: A number of second-tier cities in China have rolled out property speculation curbs in an effort to cool home property sales, according to the official Xinhua News Agency and documents published by some municipal governments. The city of Shijiazhuang, southwest of Beijing, has banned investors from selling newly bought homes for up to five […]

September 24, 2017 | By | Reply More
A private solution for China’s zombie company problem? Unlikely

A private solution for China’s zombie company problem? Unlikely

Beijing would likely lean on cash-rich SOEs like China Life Insurance and Citic Group Corporation to bail out the largest of the struggling companies HONG KONG: China’s latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow […]

September 24, 2017 | By | Reply More