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MAS offers customers bargain travel deals

MAS offers customers bargain travel deals

KUALA LUMPUR: – Malaysia Airlines (MAS) is offering customers irresistible travel deals in conjunction with the Malaysia International Travel Mart (MITM), beginning today until Aug 17, 2015. In a statement today, MAS said travellers could enjoy great bargains on its domestic and international routes for immediate travel until Mar 31, 2016. The deals could be […]

August 14, 2015 | By | Reply More
Share prices remain lower at mid-afternoon

Share prices remain lower at mid-afternoon

KUALA LUMPUR: – Share prices on Bursa Malaysia remained lower at mid-afternoon today, dragged down by profit taking in heavyweights led by finance-related counters, dealers said. At 3.02 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) lost 27.8 points to 1,593.82. Maybank topped the losers on finance-linked counters, declining 25 sen to RM8.35, followed […]

August 14, 2015 | By | Reply More
KLCI slips below 1,600 points level at mid–morning

KLCI slips below 1,600 points level at mid–morning

KUALA LUMPUR: – The FTSE Bursa Malaysia KLCI (FBM KLCI) slipped below the psychological level of 1,600 points at mid-morning today and in line with the poor performance of its regional peers, dealers said. At 11.15 am, the key index declined 23.64 points to 1,597.98. A dealer said China’s devaluation of the yuan continued to […]

August 14, 2015 | By | Reply More
Asia shares set to end week lower; crude oil slumps

Asia shares set to end week lower; crude oil slumps

SINGAPORE: Asian shares were mostly higher on Friday, but still on track for a steep weekly loss in the wake of China’s surprise currency devaluation earlier in the week. Crude oil futures remained under pressure, plunging to 6-1/2-year lows after data revealed a big rise in U.S. stockpiles, fuelling fears of a growing global glut. […]

August 14, 2015 | By | Reply More
Gamuda successful in bid for Penang TMP

Gamuda successful in bid for Penang TMP

GEORGE TOWN: Gamuda Berhad has emerged as one of three successful bidders for the RM27 billion Penang Transport Master Plan (TMP) The Penang government today announced the appointment of SRS Consortium – comprising Gamuda (60 per cent), Penang-based Loh Phoy Yen Holdings Sdn Bhd (20 per cent and Ideal Property Development Sdn Bhd (20 per […]

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India’s economic reform agenda hits roadblocks

India’s economic reform agenda hits roadblocks

NEW DELHI: Indian Prime Minister Narendra Modi’s ambitious reform agenda has stalled with crucial bills stuck in India’s parliament, which ended its latest session this week in bitter uproar. After sweeping to power 15 months ago in a landslide election victory, Modi’s right-wing government promised a string of business-friendly reforms to attract foreign investment and […]

August 14, 2015 | By | Reply More
Gamuda-led consortium succeeds in Penang’s RM27b TMP project bid

Gamuda-led consortium succeeds in Penang’s RM27b TMP project bid

GEORGE TOWN: Gamuda Berhad has emerged as one of three successful bidders for the RM27 billion Penang  Transport Master Plan (TMP) The Penang government today announced the appointment of SRS Consortium – comprising Gamuda (60 per cent), Penang-based Loh Phoy Yen Holdings Sdn Bhd (20 per cent) and Ideal Property Development Sdn Bhd (20 per […]

August 14, 2015 | By | Reply More
Ringgit continues decline against US dollar

Ringgit continues decline against US dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar Friday as foreign banks continued to offload the local note, a currency trader said. At 9.20am, the ringgit was quoted at 4.0360/0430 against the greenback from 4.0080/0130 at 5pm yesterday. “After taking a breather with a mild rebound against the US dollar yesterday, ringgit continued […]

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Bursa Malaysia opens slightly higher

Bursa Malaysia opens slightly higher

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened slightly higher today despite a decline in Wall Street’s overnight performance, said a dealer. At 9.10 am, the index was 3.44 points better at 1,625.06, after opening 2.29 points higher at 1,623.91. Gainers led losers 140 to 94, with 148 counters unchanged, 1,418 untraded […]

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KLIBOR Futures untraded at 10am

KLIBOR Futures untraded at 10am

KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives were untraded as at 10am. August 2015, September 2015, October 2015 and December 2015 remained pegged at 96.29, 96.30, 96.30 and 96.30, respectively. Open interest stood at 964 contracts.–BERNAMA

August 14, 2015 | By | Reply More