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Bank Negara says RM40b worth of housing loans approved so far this year

Bank Negara says RM40b worth of housing loans approved so far this year

PETALING JAYA: Bank Negara Malaysia (BNM) has reiterated that access to financing is not the primary issue for affordable housing with a stable housing loan approval rate of 74% and about RM40 billion housing loans approved in the first five months of the year. The central bank was responding to calls by some quarters to […]

July 18, 2017 | By | Reply More
MITI: Msia open to TPPA revival, after Trump withdraw US

MITI: Msia open to TPPA revival, after Trump withdraw US

PETALING JAYA: Malaysia is keeping its options open on the revival of the Trans-Pacific Partnership Agreement (TPPA).

July 18, 2017 | By | Reply More
Wing Tai yet to receive valid acceptances for compulsory take over

Wing Tai yet to receive valid acceptances for compulsory take over

PETALING JAYA: Wing Tai Malaysia Bhd, which has extended the take over offer period to August 8, has not received enough valid acceptances for its joint offerors to compulsorily acquire shares they do not own. Wing Tai had in May received an unconditional takeover offer from its major shareholders Wing Tai Holdings Ltd and Wing […]

July 18, 2017 | By | Reply More
Oil steadies as ample supply meets firm demand

Oil steadies as ample supply meets firm demand

Oil steadies as ample supply meets firm demand

July 18, 2017 | By | Reply More
Oil steadies as ample supply meets firm demand

Oil steadies as ample supply meets firm demand

Oil steadies as ample supply meets firm demand

July 18, 2017 | By | Reply More
Mlabs to collaborate with China's Red Dragon to expand intellectual properties business

Mlabs to collaborate with China's Red Dragon to expand intellectual properties business

PETALING JAYA: Multimedia video conferencing systems firm Mlabs Systems Bhd, which was the fourth most active counter today, has announced a collaboration agreement with China’s Red Dragon Media Ltd for the expansion of intellectual properties (IPs) business. The collaboration aims to market and perform business activities of both parties to expand the IPs business domestically […]

July 18, 2017 | By | Reply More
Mlabs third most active counter, after losing ground on Monday

Mlabs third most active counter, after losing ground on Monday

PETALING JAYA: Mlabs System Bhd share price which lost ground Monday following an unusual market query by Bursa Malaysia, saw renewed interest in morning trade as investors pushed its share price up, making it the third most actively traded stock. The multimedia conferencing system company share price rose as high as 7% in the first […]

July 18, 2017 | By | Reply More
8 Malaysian startups to pitch for shot at US$1m fund

8 Malaysian startups to pitch for shot at US$1m fund

PETALING JAYA: Eight startups will pitch for a spot to represent Malaysia at the Seedstars Global Summit in Switzerland next April. The global winner will land the grand prize of over US$1 million (RM4.29 million) in investment. For the Malaysian selection on Thursday, the eight startups will make their presentation in front of a jury […]

July 18, 2017 | By | Reply More
Malaysia, Indonesia to complain to WTO if EU adopts resolution on palm oil

Malaysia, Indonesia to complain to WTO if EU adopts resolution on palm oil

PETALING JAYA: Malaysia and Indonesia will have to file an official complaint to World Trade Organisation (WTO) if the European Commission adopts European Parliament’s resolution on palm oil and deforestation as it policy.

July 18, 2017 | By | Reply More
TNB gives SIPP another month to seal Johor Power plant deal

TNB gives SIPP another month to seal Johor Power plant deal

PETALING JAYA: Tenaga Nasional Bhd (TNB) is giving SIPP Energy Sdn Bhd a second extension to fulfill conditions under a shareholders agreement which will see TNB take over a 51% stake in a gas turbine power plant. In a filing with the stock exchange, TNB said SIPP has another month to ensure requirements under the […]

July 18, 2017 | By | Reply More