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Nestle expects higher profit margin in 2018

Nestle expects higher profit margin in 2018

KUALA LUMPUR: Nestle (Malaysia) Bhd is aiming for a higher profit margin in 2018 on the back of lower commodity prices and the strengthening of the ringgit. “The gross margin will improve as commodity prices have started to decrease and the ringgit has appreciated. We also have been able to further increase our efficiency and […]

April 26, 2018 | By | Reply More
PUC shareholders approve diversification plan

PUC shareholders approve diversification plan

PETALING JAYA: PUC Bhd, which has been actively expanding its reach in the technology space recently, has won shareholders approved for the acquisition of a 33% stake in Pictureworks Holdings Bhd today, paving the way for its diversification into the digital space. “We are happy to see the support from shareholders for the acquisition. Moving […]

April 26, 2018 | By | Reply More
PUC upbeat on theme park industry

PUC upbeat on theme park industry

PETALING JAYA: PUC Bhd, whose shareholders approved its acquisition of a 33% stake in Pictureworks Holdings Bhd, is upbeat on the theme park industry. “The theme park industry, in Asia particularly, is actually a fast growing market. Big players are constantly expanding their existing resorts like Shanghai Disneyland’s grand opening of their Toy Story Land […]

April 26, 2018 | By | Reply More
Online fee waiver a small impact to CIMB's non-interest income

Online fee waiver a small impact to CIMB's non-interest income

KUALA LUMPUR: CIMB Group Holdings Bhd does not expect the waiver of its online fund transfer fees to affect its non-interest income significantly, but only a “very small” impact. “It’s an amount that we can live with. What’s important is the benefit to customers over the long term and how it will support a cashless […]

April 26, 2018 | By | Reply More
Ireka unit bags RM92m job from Pantai Hospital

Ireka unit bags RM92m job from Pantai Hospital

PETALING JAYA: Ireka Corp Bhd has won a RM92 million contract for the proposed construction of additional basement and eight-storey hospital and refurbishment works of existing hospital building at Pantai Hospital Ayer Keroh, Malacca. Pantai Hospital awarded the contract to its wholly-owned unit Ireka Engineering & Construction Sdn Bhd, Ireka said in a filing with […]

April 26, 2018 | By | Reply More
FIM 2018 records potential franchise transaction value of RM410m

FIM 2018 records potential franchise transaction value of RM410m

KUALA LUMPUR: Franchise International Malaysia 2018 (FIM 2018) has recorded a potential transaction value of RM410 million, an increase of more than ten percent as compared to the previous year with RM373 million. Of the total value, RM90 million was contributed by the Franchise In-Buying Mission (FIBM) program. MFA chairman Datuk Radzali Bin Hassan said […]

April 26, 2018 | By | Reply More
RHB Bank to roll out 3 new digital products in 1H18

RHB Bank to roll out 3 new digital products in 1H18

 KUALA LUMPUR: RHB Bank Bhd is set to roll out three digital products for its banking customers within the first half of this year. This push towards further digitalisation is part of the bank’s overall approach to become the digital banking of choice as well as help push its cost down. “The digitalisation of our […]

April 26, 2018 | By | Reply More
Fitbit unveils Fitbit Versa smartwatch

Fitbit unveils Fitbit Versa smartwatch

Fitbit unveils Fitbit Versa, a modern, intuitive smartwatch at an approachable price in Malaysia. Fitbit Versa will be available at major retailers across Malaysia. Fitbit’s lightest smartwatch offers a comfortable design and a new dashboard that simplifies how you access your health and fitness data. With advanced health and fitness features like 24/7 heart rate […]

April 26, 2018 | By | Reply More
KLIA to expand capacity to 150 million passengers  

KLIA to expand capacity to 150 million passengers  

KUALA LUMPUR: Malaysia Airports Holdings plans to double Kuala Lumpur International Airport’s (KLIA) capacity as it seeks a bigger slice of the 2.1 billion more passengers expected in Asia Pacific in the next two decades. The company is looking to raise the capacity to 150 million, from the current 75 million, in the next 10 […]

April 26, 2018 | By | Reply More
HLYM celebrates 4-millionth motorcycle assembled

HLYM celebrates 4-millionth motorcycle assembled

SUNGAI BULOH: In 1979, a Yamaha RX100, rolled off the Hong Leong Yamaha Motor (HLYM) assembly plant in Shah Alam. Since then, the millionth locally assembled motorcycle rolled off the assembly line in 1994 and HLYM has gone from strength to strength. HLYM was incorporated in 1978 and is a joint-venture between Hong Leong Industries […]

April 26, 2018 | By | Reply More