RSSCategory: News

Eco World to redevelop Sydney's Macquarie Park site

Eco World to redevelop Sydney's Macquarie Park site

KUALA LUMPUR: Eco World International Bhd (EWI) has today secured access to a prime development land situated 12 kilometres northwest of Sydney’s central business district with plans to develop a AU$139 million gross development value (GDV) project there. The project site is at 1-3 Lachlan Avenue, Macquarie Park, Sydney adjacent to Macquarie University in the […]

November 24, 2017 | By | Reply More
AirAsia's Aireen sets the record straight on Bung Mokhtar's claims

AirAsia's Aireen sets the record straight on Bung Mokhtar's claims

PETALING JAYA: Air Asia Bhd CEO Aireen Omar has set the record straight on Member of Parliament for Kinabatangan Bung Mokhtar Radin’s claims that the airline had charged RM2,000 for a one-way flight from Kuala Lumpur to Sandakan, and invites him for a “constructive dialogue session”. Aireen said in a statement that an average one-way […]

November 24, 2017 | By | Reply More
OFX Partners with Japan’s Beyond Borders

OFX Partners with Japan’s Beyond Borders

The international real estate company known as Beyond Borders is teaming up with one of the leaders in international money exchange services, OFX (previously known as OzForex), to offer better options for customers making overseas real estate transactions. “With this new partnership, buying a house on the other side of the world does not have […]

November 24, 2017 | By | Reply More
October CPI rises 3.7%

October CPI rises 3.7%

PETALING JAYA: Malaysia’s consumer price index (CPI) expanded at a higher rate of 3.7% to 120 in October 2017 from 115.7 in the corresponding month of the preceding year, according to Department of Statistics. Among the major groups which recorded increases were the indices for transport (12.1%), food and non-alcoholic beverages (4.4%), restaurants and hotels […]

November 24, 2017 | By | Reply More
Ekovest shares slightly up on MD’s remarks

Ekovest shares slightly up on MD’s remarks

PETALING JAYA: Ekovest Bhd’s share price slightly up by 0.52% this morning, after its managing director Tan Sri Lim Keng Cheng said the group, which is currently evaluating a proposed merger with Iskandar Waterfront City Bhd (IWC), will only buy on the cheap. At 11.36am, the stock stood at 96.5 sen with 1.36 million shares […]

November 24, 2017 | By | Reply More
Tadmax shares fall on news of private placement exercise

Tadmax shares fall on news of private placement exercise

PETALING JAYA: Tadmax Resources Bhd’s share price fell 7.14% this morning, after the group announced that it is undertaking a private placement to raise up to RM35.52 million yesterday. At 11.04am, the stock stood at 32.5 sen with 1.18 million shares changing hands. It has a market capitalisation of RM188.3 million. The group told the […]

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Bumi Armada share price falls despite net profit in Q3

Bumi Armada share price falls despite net profit in Q3

PETALING JAYA: Bumi Armada Bhd’s share price fell 2.55% this morning, despite posting a net profit of RM123.73 million in the third quarter ended Sept 30, 2017 from a net loss of RM96.71 million in the same period last year. At 11.05am, the stock stood at 76.5 sen with 5.6 million shares changing hands. The […]

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Nov 24: Ringgit opens easier against most major currencies

Nov 24: Ringgit opens easier against most major currencies

KUALA LUMPUR: The ringgit opened easier against the US dollar this morning as it entered a consolidation mode after soaring in the past few days. At 9am, the local unit was traded at 4.1180/1210 against the greenback from Thursday’s close of 4.1050/1100. The ringgit was also traded lower against a basket of major currencies. The […]

November 24, 2017 | By | Reply More
Ringgit opens easier versus US dollar

Ringgit opens easier versus US dollar

KUALA LUMPUR: The ringgit opened easier against the US dollar this morning as it entered a consolidation-mode after soaring over the past few days, a dealer said. At 9 am, the local unit was traded at 4.1180/1210 against the greenback from Thursday’s close of 4.1050/1100. OANDA Head of Trading Asia-Pacific Stephen Innes told Bernama that […]

November 24, 2017 | By | Reply More
Petron Malaysia more than doubles net profit in Q3

Petron Malaysia more than doubles net profit in Q3

KUALA LUMPUR: Petron Malaysia Refining & Marketing Bhd’s net profit more than doubled to RM106.07 million in the third quarter ended Sept 30, 2017 from RM46.79 million. Petron’s revenue improved 40.4 per cent year-on-year to RM2.56 billion from RM1.82 billion, mainly due to higher oil prices. Total sales volume hit nine million barrels or 15 […]

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