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Bumi Armada unit seemPd notice to suspend operations

Bumi Armada unit seemPd notice to suspend operations

<p> KUALA LUMPUR: Bumi Armada Bhd has been seemPd a notice from Erin Petroleum Nigeria Ltd (EPNL) to immediateAprshutdown operations on its floating production storage and offloading (FPSO) unit, Armada Perdana.</p> © New Straits Times Press (M) Bhd

April 17, 2018 | By | Reply More
Bumi Armada unit served notice to suspend operations

Bumi Armada unit served notice to suspend operations

 KUALA LUMPUR: Bumi Armada Bhd has been served a notice from Erin Petroleum Nigeria Ltd (EPNL) to immediately shutdown operations on its floating production storage and offloading (FPSO) unit, Armada Perdana. In a filing on Bursa Malaysia, the firm said the notice, citing a “force majeure event” was received by its unit Bumi Armada (Singapore) […]

April 17, 2018 | By | Reply More
TM to produce Bumiputera regional champs

TM to produce Bumiputera regional champs

KUALA LUMPUR: Telekom Malaysia Bhd (TM) is committed to producing a “Regional Champion” company among local vendors through the Bumiputera Vendor Development Program (BVDP) this year. The company is optimistic that this can be implemented through the collaboration between the vendors and local as well as international companies. TM is one of the anchor companies, […]

April 17, 2018 | By | Reply More
Strengthening ringgit good for domestic consumption

Strengthening ringgit good for domestic consumption

 KUALA LUMPUR: The ringgit is expected to keep its firm momentum vis-a-vis the US dollar, trading between 3.65 and 3.70 by the year-end from a low of 4.50 early last year, a senior economist said. Malaysian Institute of Economic Research (Mier) executive director Prof Emeritus Dr Zakariah Abdul Rashid said the ringgit had performed commendably, […]

April 17, 2018 | By | Reply More
MHB sees recovery in shipbuilding, heavy engineering segment

MHB sees recovery in shipbuilding, heavy engineering segment

 KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) sees signs of recovery in the shipbuilding and heavy engineering segment of the upstream oil and gas (O&G) industry, due to stronger oil prices.  MHB managing director and chief executive officer Wan Mashitah Wan Abdullah Sani expects more jobs to be available in the market that the company […]

April 17, 2018 | By | Reply More
New Maybank2U website to drive bank's growth

New Maybank2U website to drive bank's growth

KUALA LUMPUR: Malayan Banking Bhd (Maybank) expects the number of its online banking transactions in the country to increase to 6.4 billion this year, boosted by the new Maybank2u website, which will be launched to the public on April 19. Maybank Group Head, Community Financial Services Datuk Lim Hong Tat said since the introduction of […]

April 17, 2018 | By | Reply More
Bursa Malaysia finishes higher

Bursa Malaysia finishes higher

KUALA LUMPUR: Bursa Malaysia finished higher today, supported by buying interests in selected key heavyweights, mainly Petronas-linked stocks. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) settled at 1,880.49, up 1.73 points from Monday’s close of 1,878.76. The key index, despite weak opening and cautious trading, moved to as high as 1,885.12 in the morning […]

April 17, 2018 | By | Reply More
Bursa Malaysia ends higher: 17 April

Bursa Malaysia ends higher: 17 April

KUALA LUMPUR:  Bursa Malaysia finished higher today, supported by buying interests in selected key heavyweights, mainly Petronas-linked stocks. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) settled at 1,880.49, up 1.73 points from Monday’s close of 1,878.76. The key index, despite weak opening and cautious trading, moved to as high as 1,885.12 in the morning […]

April 17, 2018 | By | Reply More
FENDI Casa celebrates 30th anniversary

FENDI Casa celebrates 30th anniversary

In 1988 Alberto Vignatelli and FENDI presented the first FENDI Casa Collection, proposing accessories with the vocation of decorating interiors in the same way that the Roman Maison approached fashion. It was a pioneering project in the luxury furnishing sector, which for the first time saw a Fashion House launching a global line of furniture […]

April 17, 2018 | By | Reply More
Improved Malaysia economy spurs Leonardo business

Improved Malaysia economy spurs Leonardo business

KUALA LUMPUR: Multinational aerospace, defence and security company, Leonardo SpA anticipates its helicopters business in Malaysia would continue growing healthily underpinned by improved local economy. Leonardo Helicopters vice president of sales for Asia Pacific Vincenzo Alaimo said there are requirements from both private and public sectors for additional helicopters. “We have been growing strongly in […]

April 17, 2018 | By | Reply More