Recent Articles

Berjaya Corp to dispose of entire stake in BGREE for RM50.87m

Berjaya Corp to dispose of entire stake in BGREE for RM50.87m

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has proposed to dispose its entire 100 per cent stake in Berjaya Green Resources Environmental Engineering (Foshan) Co. Ltd (BGREE) to Foshan Water & Environmental Investment Co Ltd for RMB78.50 million (RM50.87 million). In an exchange filing today, BCorp noted the disposal provides an opportunity for the company to […]

September 15, 2017 | By | Reply More
Accsoft strikes e-commerce deal with Malaysian Formula Bikes

Accsoft strikes e-commerce deal with Malaysian Formula Bikes

KUALA LUMPUR: Accsoft Technology Bhd (Accsoft) has signed a Memorandum of Understanding (MoU) with Malaysian Formula Bikes Sdn Bhd (MFB) to explore market potentials in relation to last mile delivery within the e-commerce industry. Accsoft group executive director Zhu GuoHe said the partnership with MFB would give Accsoft an advantageous platform to expand last mile […]

September 15, 2017 | By | Reply More
Accsoft secures new income source thorugh new collaboration

Accsoft secures new income source thorugh new collaboration

KUALA LUMPUR: Accsoft Technology Bhd (Accsoft) has signed a Memorandum of Understanding (MoU) with Malaysian Formula Bikes Sdn Bhd (MFB) to explore market potentials in relation to last mile delivery within the e-commerce industry. Accsoft group executive director Zhu GuoHe said the partnership with MFB would give Accsoft an advantageous platform to expand last mile […]

September 15, 2017 | By | Reply More
Ahmad Fuaad to end tenure as Proton CEO on Sept 30

Ahmad Fuaad to end tenure as Proton CEO on Sept 30

KUALA LUMPUR: Datuk Ahmad Fuaad Kenali will end his tenure as Proton Holdings Bhd Chief Executive Officer (CEO) on Sept 30, 2017. In a statement today, DRB-Hicom Bhd also said its Group Managing Director, Datuk Seri Syed Faisal Albar, would continue his role as overall Chairman of Proton Holdings. It also added that Datuk Radzaif […]

September 15, 2017 | By | Reply More
A positive sign from the bond market

A positive sign from the bond market

THE stockmarket’s positive mood has managed to survive the tensions over North Korea’s nuclear programme.  In part, this is because investors believe that global economic growth and corporate profits will continue to do well. One reassuring signal is from the corporate bond market. The global default rate on speculative (junk) bonds has been dropping; fewer […]

September 15, 2017 | By | Reply More
Senheng offers discounts via Seamless 4U campaign

Senheng offers discounts via Seamless 4U campaign

KUALA LUMPUR: Senheng Electric (KL) Sdn Bhd, in celebrating its 28th anniversary, launched “Seamless 4U” campaign, offering discount and cash rebates on select electrical household goods. The company, which started “Seamless 4U” on September 1 and will last until November 30 this year, will reward its customers for their support over the years. “It’s Senheng’s […]

September 15, 2017 | By | Reply More
KTM appoints Mohd Rani as new CEO

KTM appoints Mohd Rani as new CEO

KUALA LUMPUR: Government-owned Keretapi Tanah Melayu Bhd (KTM) has appointed Mohd Rani Hisham Samsudin as its new chief executive officer effective today. Mohd Rani is replacing Datuk Sarbini Tijan, whose contract ended on April 30 this year, KTM said in a statement yesterday. His appointment was made through a letter issued by the Ministry of […]

September 15, 2017 | By | Reply More
Much interest in Malaysian products at Nanning's China-Asean Expo with RM405.5 million worth of sales

Much interest in Malaysian products at Nanning's China-Asean Expo with RM405.5 million worth of sales

NANNING: Malaysian entrepreneurs have managed to rack up an impressive RM405.5 million worth of sales at the 14th China-Asean Expo (CAEXPO). The amount is 16 per cent above the initial target of RM350 million. Malaysia External Trade Development Corporation (Matrade) director (China unit) Ong Yew Chee said the unexpected outcome proves that the world’s economy […]

September 15, 2017 | By | Reply More
Ringgit rebounds to end higher versus US dollar

Ringgit rebounds to end higher versus US dollar

KUALA LUMPUR: The ringgit bounced back to close higher against the US dollar on Friday, tracking the performance of emerging currencies, as more factors including US interest rate and geopolitical tensions continue to weigh on the greenback. At 6pm, the local unit was quoted at 4.1880/1910 against the US dollar from 4.2040/2070 on Thursday. Inter-Pacific […]

September 15, 2017 | By | Reply More
Sept 15: Ringgit closes higher against US dollar, Euro

Sept 15: Ringgit closes higher against US dollar, Euro

KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar today as factors including US interest rates and geopolitical tensions continue to weigh on the greenback. At 6pm, the local unit was quoted at 4.1880/1910 against the US dollar, from 4.2040/2070 on Thursday. Inter-Pacific Research Sdn Bhd Head of Research, Pong Teng Siew, […]

September 15, 2017 | By | Reply More