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PM to pitch Malaysia story in UK

PM to pitch Malaysia story in UK

LONDON: Prime Minister Datuk Seri Najib Razak will meet nearly 30 top United Kingdom fund managers today to underline the compelling “Malaysian story” and its inherent strong market fundamentals. Some 28 fund managers have signed up for the “Private Session with the PM”, the largest turnout in Bursa Malaysia’s 2016 Invest Malaysia roadshow series. The […]

May 16, 2016 | By | Reply More
Staff  morale getting better, thanks to more good news

Staff morale getting better, thanks to more good news

EXCERPTS from an interview with outgoing Malaysia Airlines Bhd chief executive officer (CEO) Christoph Mueller. Q: How is the staff morale? A: Of course it is getting better, particularly if you have some good news to tell. That, I think, was missing because we had been suffering for four, five years and almost all were […]

May 16, 2016 | By | Reply More
Mueller:  Leadership diversity  can bring more successes

Mueller: Leadership diversity can bring more successes

MALAYSIA Airlines Bhd (MAB) should benefit from having diversity in its leadership as it would bring more successes and better business prospects. The national carrier’s outgoing chief executive officer (CEO) Christoph Mueller said he believed in having a multinational approach in the management of the airline. “The same goes for the tourism industry and for […]

May 16, 2016 | By | Reply More
Malaysia Airlines sticks to  strategies

Malaysia Airlines sticks to strategies

KUALA LUMPUR: Malaysia Airlines Bhd’s (MAB) main priority in the next six months is to implement and stick to strategies laid out in its turnaround plan. “Every turnaround plan has a lot of moving parts. It is really to follow through on the plan,” said outgoing chief executive officer Christoph Mueller. He said there were […]

May 16, 2016 | By | Reply More
Preferential trading arrangements important for Malaysia: Dr Sukhdave

Preferential trading arrangements important for Malaysia: Dr Sukhdave

KUALA LUMPUR: Preferential trading arrangements through free trade agreements play a critical role in creating a resilient and competitive Malaysia, said Bank Negara Malaysia Deputy Governor Dr Sukhdave Singh. The Trans Pacific Partnership (TPP), Regional Comprehensive Economic Partnership (RCEP) and regional FTAs will spur productivity growth and accelerate structural reforms. “This will create a diversified, […]

May 16, 2016 | By | Reply More
Using digital technology to reap the benefits of AEC

Using digital technology to reap the benefits of AEC

KUALA LUMPUR: Businesses should use digital technology to simplify processes to resolve the complex issues and challenges thrown up when trying to access the newly-created ASEAN Economic Community (AEC), said SAP Southeast Asia president and managing director Scott Russell. Pointing to a recent survey by the Asian Development Bank and Institute of Southeast Asia Studies […]

May 16, 2016 | By | Reply More
Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit opened lower against the greenback today as demand shifted to it on upbeat US economic data released last Friday. At 9.08am, the local unit was quoted at 4.0380/0440 against the greenback from last Friday’s close of 4.0210/0280. A dealer said the stronger greenback was contributed by US retail sales, which rose […]

May 16, 2016 | By | Reply More
CIMB-Principal launches APAC growth fund for capital appreciation

CIMB-Principal launches APAC growth fund for capital appreciation

KUALA LUMPUR: CIMB-Principal Asset Management Berhad (“CIMB-Principal”) today announced that it has launched the CIMB-Principal Asia Pacific Dynamic Growth Fund (“the Fund”). The Fund aims to achieve potential capital appreciation over the medium to long-term, by investing in Asia Pacific, the world’s fastest growing region. Munirah Khairuddin, Chief Executive Officer of CIMB-Principal said, “The pace […]

May 15, 2016 | By | Reply More
Proton's Lotus SUV plant in China likely to start construction later this year

Proton's Lotus SUV plant in China likely to start construction later this year

BEIJING: The manufacturing base for Proton Holdings Bhd to produce Lotus sport utility vehicles (SUVs) in Quanzhou, in the southeastern province of Fujian, is likely to be constructed later this year. Quanzhou Development and Reform Commission Deputy Director Wang Ke Si said the carmaker chose Quanzhou as its manufacturing base for its well-established automotive support […]

May 14, 2016 | By | Reply More
Competition hots up for Big 3 telcos

Competition hots up for Big 3 telcos

KUALA LUMPUR: The country’s top three mobile telecommunication operators, or the Big Three, are in for more musical chairs games over the next few years as competition gets more intense. Maxis Bhd, which led the mobile space for most part of the past decade, could be entering into an unfamiliar territory by the end of […]

May 14, 2016 | By | Reply More