Recent Articles

BMW launches new 640i Gran Coupe

BMW launches new 640i Gran Coupe

PETALING JAYA: BMW Group Malaysia has unveiled the new BMW 6 Series Gran Coupé, the latest interpretation of the first four-door coupe in the history of the brand, with an injected expression of sportiness, called the M Sport Package. The M Sport package offers the M Aerodynamic kit which includes front and rear apron, as […]

August 13, 2015 | By | Reply More
Bina Darulaman targets RM193 million GDV from TTIS project

Bina Darulaman targets RM193 million GDV from TTIS project

KUALA LUMPUR: Kedah-based property developer Bina Darulaman Bhd (BDB) is targeting to realise a gross development value (GDV) of RM193 million next year, from its Taman Tunku Intan Safinaz (TTIS) township, via the development of 611 units of affordable apartments and houses. The TTIS township, which is targeted to be fully completed by 2021, entails […]

August 13, 2015 | By | Reply More
No conclusion in sight for TPP talks: Mustapa

No conclusion in sight for TPP talks: Mustapa

KUALA LUMPUR: Minister of International Trade & Industry Datuk Seri Mustapa Mohamed has hinted that Malaysia will take a longer time to make a decision on whether to join the Trans-Pacific Partnership (TPP) following a failure to make strides at the TPP ministerial meeting in Hawaii in July. “There was an expectation that the negotiation […]

August 13, 2015 | By | Reply More
BNM: Volatility likely to continue for several months

BNM: Volatility likely to continue for several months

KUALA LUMPUR: A better than expected set of data that contributed to a 4.9% growth in gross domestic product did little to bolster the ringgit yesterday, underlining Bank Negara Malaysia’s (BNM) long-held theory that the local currency has deviated from its fundamentals and become hostage to uncertainties plaguing its domestic and external markets. The ringgit […]

August 13, 2015 | By | Reply More
A duty-free approach

A duty-free approach

THERE is a good reason why airport shopping seems overpriced. Air-side concessions can claim the undivided attention of millions of people who have little to do but shop while waiting for flights. There are a few savings to be made in the duty-free shops on cigarettes, spirits or cosmetics, but even these can be false […]

August 13, 2015 | By | Reply More
Third time lucky?

Third time lucky?

JUST one month ago Greece was on the verge of leaving the euro. Germany had raised the prospect of a “time out” lasting at least five years, following a breakdown in trust between euro-zone countries and the Greek government. Even when an acrimonious weekend summit in Brussels ended on July 13th with a tentative plan […]

August 13, 2015 | By | Reply More
Asset-rich, cash-poor

Asset-rich, cash-poor

IT WAS not a hard sell. On August 10th Saudi Arabia issued bonds worth 20 billion riyals ($5.3 billion). Local banks, the only institutions allowed to take part in the sale, have lots of spare cash. The price was appealing, too: the ten-year bonds (there were also five- and seven-year issues) will yield almost half […]

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In jeopardy

In jeopardy

Progress is glacial “NO SOONER does the Japanese economy raise its head from the mat than it falls down again.” So wrote one longtime Japan-watcher last month on the news that, after zooming along at a real annualised rate of 3.9% in the first quarter, GDP may well have contracted during the second. Preliminary data […]

August 13, 2015 | By | Reply More
A new contract for growth

A new contract for growth

BUSINESSES have been disappointingly slow to invest since the financial crisis. Global capital expenditure by non-financial firms is expected to fall by 1% this year, according to Standard & Poor’s, a rating agency, and by a further 4% in 2016. If those predictions are right, that will be four straight years of decline (see chart) […]

August 13, 2015 | By | Reply More
Brunei: All pray and no work

Brunei: All pray and no work

LIKE a weird tropical flower, the Palace of the Light of Faith opens to subjects of the Sultan of Brunei for three days each year. It is a 1,800-room pile on the edge of Bandar Seri Begawan, the tiny state’s sleepy capital. In its vast banqueting hall thousands of Bruneians tuck into a breakfast of […]

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