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MAHB maintains 8pc growth target

MAHB maintains 8pc growth target

MAHB maintains 8pc growth target

July 22, 2017 | By | Reply More
Initiative Media conquers MMA 2017

Initiative Media conquers MMA 2017

INITIATIVE Media (M) Sdn Bhd recently bagged the “Agency of the Year” award at the 13th Malaysia Media Awards (MMA) after sweeping seven gold and three silvers. The MMA 2017, themed “Beyond the Box”, introduced three new awards in light of the increase in entries. Here are the lists of winners: 2017 Malaysia Media Awards […]

July 22, 2017 | By | Reply More
GE shares fall as profit slumps, investors await new CEO’s targets

GE shares fall as profit slumps, investors await new CEO’s targets

It beat analyst expectations on adjusted profit, but cash flow was weak and GE said full-year profit and cash flow will be at the low end of its forecasts. SAN PEDRO: General Electric Co’s shares dropped sharply on Friday after it posted a 59% decline in second-quarter profit and put off an expected cut to […]

July 22, 2017 | By | Reply More
FTC probing allegations of Amazon’s deceptive discounting

FTC probing allegations of Amazon’s deceptive discounting

An analysis found that in 61% of products with reference prices, Amazon’s reference prices were higher than it had sold the same product in the previous 90 days, Consumer Watchdog said in a letter to the FTC dated July 6. WASHINGTON: As part of its review of Amazon’s agreement to buy Whole Foods, the Federal […]

July 22, 2017 | By | Reply More
Ford to petition to avoid US recall of 2.5 million vehicles

Ford to petition to avoid US recall of 2.5 million vehicles

NHTSA said the petition will seek an exemption from the recall because Ford believes the issue is inconsequential. WASHINGTON: Ford Motor Co will petition to avoid a US recall of about 2.5 million vehicles with Takata air-bag inflators that the Japanese auto supplier declared defective last week, US regulators and the automaker said on Friday. […]

July 22, 2017 | By | Reply More
India to quiz Philip Morris on marketing of Marlboro

India to quiz Philip Morris on marketing of Marlboro

Indian government officials previously have said these marketing activities violate the country’s Cigarettes and Other Tobacco Products Act and its accompanying rules, but companies get away with it because enforcement is weak. NEW DELHI: India plans to seek an explanation from Philip Morris International Inc about its marketing practices after Reuters reported that the tobacco […]

July 22, 2017 | By | Reply More
Fitch maintains 'junk' rating on Turkey, points to stimulus costs

Fitch maintains 'junk' rating on Turkey, points to stimulus costs

ISTANBUL: Ratings agency Fitch on Friday maintained its “junk” rating on Turkey’s sovereign debt, citing domestic political and regional risks as well as the impact of economic stimulus measures that could weaken the country’s fiscal performance.

July 21, 2017 | By | Reply More
Cahya Mata Sarawak names Isaac Lugun as chief corporate officer, Goh Chii Bing as chief operating officer

Cahya Mata Sarawak names Isaac Lugun as chief corporate officer, Goh Chii Bing as chief operating officer

KUALA LUMPUR: Cahya Mata Sarawak Bhd announced today that Datuk Isaac Lugun and Goh Chii Bing will be appointed group chief corporate officer and group chief operating officer, respectively, when present group managing director Datuk Richard Curtis retires on Dec 31.

July 21, 2017 | By | Reply More
Ipmuda Bhd aims to rack up RM4 million in sales by mid-2019

Ipmuda Bhd aims to rack up RM4 million in sales by mid-2019

KUALA LUMPUR: Ipmuda Bhd aims to garner up to RM4 million in sales by mid-2019 as it takes in orders from hotels and commercial office units looking to upgrade and incorporate luxury shower heads and taps.

July 21, 2017 | By | Reply More
CLSB to acquire land to set up hub in Malacca

CLSB to acquire land to set up hub in Malacca

PETALING JAYA: Complete Logistic Services Bhd has proposed to acquire 4.4 acres of freehold land in Malacca from Perbadanan Kemajuan Negeri Melaka (PKNM) for RM5.75 million or RM30 per square foot. In a filing with Bursa Malaysia today, the company said its wholly-owned subsidiary Guper Resources Sdn Bhd has entered into a sale and purchase […]

July 21, 2017 | By | Reply More