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MFCB to generate another steady result in Q2

MFCB to generate another steady result in Q2

<p>KUALA LUMPUR: Mega First Corporation Bhd (MFCB) is expected to generate another steady set of results in the second quarter (Q2) of financial year 2018, on the back of higher construction revenue from the Don Sahong Hydropower project in Laos.</p> © New Straits Times Press (M) Bhd

August 14, 2018 | By | Reply More
Turkey's impact to TNB could be minimal: MIDF

Turkey's impact to TNB could be minimal: MIDF

<p>KUALA LUMPUR: Analyst remains positive on Tenaga Nasional Bhd’s (TNB) venture in Turkey, through its 30 per cent-owned Gama Enerji, as the latter has small earnings contribution to TNB.</p> © New Straits Times Press (M) Bhd

August 14, 2018 | By | Reply More
Aug 14: Ringgit lower against US dollar for second consecutive day

Aug 14: Ringgit lower against US dollar for second consecutive day

<p>KUALA LUMPUR: The ringgit was lower for the second consecutive day today against the US dollar as investors moved to a safer haven, amid geopolitical concerns over Turkey that saw its currency, the lira tumble.</p> © New Straits Times Press (M) Bhd

August 14, 2018 | By | Reply More
Aug 14: Bursa Malaysia extends losses to open lower

Aug 14: Bursa Malaysia extends losses to open lower

<p>KUALA LUMPUR: Bursa Malaysia extended losses from yesterday to open lower on continued selling pressure, as investor sentiment remained bearish in tracking geopolitical concerns over Turkey, dealers said.</p> © New Straits Times Press (M) Bhd

August 14, 2018 | By | Reply More
Saudis in talks to take Tesla private: Elon Musk

Saudis in talks to take Tesla private: Elon Musk

<p>WASHINGTON: Tesla chief executive Elon Musk said Monday he was in talks with Saudi Arabia’s sovereign wealth fund and other investors to take the electric automaker private.</p> © New Straits Times Press (M) Bhd

August 13, 2018 | By | Reply More
Exim Bank placed under MITI

Exim Bank placed under MITI

<p>KUALA LUMPUR: Export-Import Bank of Malaysia Bhd (Exim Bank) will soon be placed under the Ministry of International Trade and Industry (Miti) along with SME Bank Malaysia.</p> © New Straits Times Press (M) Bhd

August 13, 2018 | By | Reply More
Aug 13: Ringgit closes at 4.09 against US dollar

Aug 13: Ringgit closes at 4.09 against US dollar

<p>KUALA LUMPUR: The ringgit closed lower against the US dollar today as investors continue to be wary of emerging market assets.</p> © New Straits Times Press (M) Bhd

August 13, 2018 | By | Reply More
Comparing KLIA and Changi International Airport is not apple to apple: MAHB

Comparing KLIA and Changi International Airport is not apple to apple: MAHB

<p>KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has deemed comparing Kuala Lumpur International Airport (KLIA) and Singapore’s Changi Intenational Airport as not an “apple to apple” comparison.</p> © New Straits Times Press (M) Bhd

August 13, 2018 | By | Reply More
Bank Muamalat plans for a new income stream with Islamic Premier Banking

Bank Muamalat plans for a new income stream with Islamic Premier Banking

<p>KUALA LUMPUR: Islamic lender Bank Muamalat Malaysia Bhd has ventured into its first lslamic Premier Banking entity aimed at generating a new income stream, setting a target of 22 per cent of its total wealth management business for the full-year ending March next year.</p> © New Straits Times Press (M) Bhd

August 13, 2018 | By | Reply More
Petronas makes an entry into Senegal

Petronas makes an entry into Senegal

<p>KUALA LUMPUR: Petroliam Nasional Bhd has acquired 30 per cent stake in Senegal-based Rufisque Offshore Profond Block, marking its entry into the country. </p> © New Straits Times Press (M) Bhd

August 13, 2018 | By | Reply More