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Wednesday, 16 January 2019
(Jan 16): RHB analyst Alexander Chia upgraded the recommendation on Globetronics Technology Bhd to buy from neutral. * PT lowered to MYR1.87 from MYR2.42, implies 12% increase. Globetronics Tech average PT is MYR2.23 * Globetronics Tech had 3 buys, 6 ...
Wednesday, 16 January 2019
KUALA LUMPUR (Jan 16):Petroliam Nasional Bhd (Petronas) is seeking to buy into one of India’s largest rooftop solar power producers, Indian business newspaper Mint reported. Quoting sources, the report said Petronas is currently in talks with private ...
Wednesday, 16 January 2019
BERLIN (Jan 16): As a golden era for its exporters fades, Germany is scrambling to secure its interests in Beijing, but China’s transformation from customer to competitor is forcing Europe’s largest economy to make changes at home. China has been crucial ...
Wednesday, 16 January 2019
JAKARTA (Jan 16): A technical team at the International Tripartite Rubber Council has proposed cutting shipments of natural rubber by 300,000 tons this year as part of efforts to improve prices, says Oke Nurwan, director general of foreign trade at ...
Wednesday, 16 January 2019
KUALA LUMPUR (Jan 16): Perbadanan PR1MA Malaysia (PR1MA) has announced the appointment of Mohd Nazri Md Shariff as acting chief executive officer (CEO), effective immediately. Mohd Nazri is taking over from Datuk Abdul Mutalib Alias, who had been the CEO ...
Wednesday, 16 January 2019
FBM KLCI down 8.4 pts at 1,671.02 at 4:06pm
Wednesday, 16 January 2019
KUALA LUMPUR (Jan 16): The water tariff is expected to be increased this year with most state governments having agreed to it, said Water, Land Natural Resources Minister Dr A. Xavier Jayakumar. He said the matter was still being discussed and the amount ...
Wednesday, 16 January 2019
SINGAPORE (Jan 16): Oil prices firmed on Wednesday after climbing about 3% in the previous session as expectations that OPEC-led supply cuts will tighten markets despite signs of a global economic slowdown. Brent crude oil futures were at US$60.83 per ...
Wednesday, 16 January 2019
TWENTY-year old Grand Seasons Hotel Kuala Lumpur will cease operations at the end of next month, owing to prolonged financial challenges and issues relating to ageing utility components, an internal document reveals. Located in Jalan Pahang, the 40-storey ...
Wednesday, 16 January 2019
The domestic property market remained sluggish in 2018, partly due to the 14th general election (GE14). Anxiety and uncertainty pre and post-election drove many buyers and investors to the sidelines. With a new administration, optimism has begun to creep ...
Wednesday, 16 January 2019
(八打灵再也16日讯)大马车商公会(MAA)抨击政府延迟批准新车款定价,并指这影响了成员推出新车的计划。 MAA主席拿督艾莎表示,他们可能需要等待5至7个月,这将影响今年的新车销量。 她在媒体汇报会上说:“我无法具体地说,但我们的许多成员都受到延迟的影响。我们在车展期间(2018年吉隆坡国际车展)展示了很多车款,我们应该推出这些车款,但直到今天我们还没有得到(来自当局)的官方价格。” 艾莎声称,整个定价审批程序因隶属国际贸易及工业部(MITI)的新政府机构—汽车业务发展委员会(ABDC)而变得更加复杂。 ...
Wednesday, 16 January 2019
NEW YORK (Jan 16): In the years since the financial crisis, global cities like London, Hong Kong and New York appeared to defy housing-market cycles, thanks to a concentration of financial jobs and the self-fulfilling belief that they offered investors a ...
Wednesday, 16 January 2019
(吉隆坡16日讯)金群利集团(Matrix Concepts Holdings Bhd)与私立教育服务机构Bonanza Educare私人有限公司合作,根据双方达成的商业计划,在森那美州达城(Bandar Sri Sendayan)共同经营金群利环球院校(Matrix Global School)。 金群利今日向大马交易所报备,独资子公司Matrix Global Education私人有限公司(MGE)已与Bonanza Educare签署一项联营暨股东协议。 MGE将持有联营公司Matrix ...
Wednesday, 16 January 2019
TOKYO (Jan 16): The Bank of Japan is expected to cut its inflation forecasts at next week’s rate review, sources say, a sign slumping oil prices and a darkening global economic outlook are heightening challenges for hitting its ambitious 2 percent target. ...
Wednesday, 16 January 2019
SYDNEY (Jan 16): An employee of a Malaysian airline was among eight people arrested in Australia on charges of trafficking more than 14 kg (30 lb) of heroin, cocaine and methamphetamine, Australian authorities said on Wednesday. A police spokesman ...
Wednesday, 16 January 2019
KUALA LUMPUR (Jan 16): Hengyuan Refining Co Bhd has approved the full fund release amounting to US$66.4 million (about RM273 million) for the H2GEN project, which will supply its refinery with 30 tonnes/day of hydrogen. Hengyuan said in a Bursa Malaysia ...
Wednesday, 16 January 2019
KUALA LUMPUR (Jan 16): Malaysia has imposed a blanket ban on all Israelis participating in events hosted by the Southeast Asian nation, as the government maintains its decision to ban Israeli athletes from taking part in the World Para Swimming ...
Wednesday, 16 January 2019
PR1MA announces Mohd Nazri Md Shariff's appointment as acting CEO
Wednesday, 16 January 2019
(吉隆坡16日讯)Hibiscus Petroleum Bhd指出,截至2018年12月31日,沙巴北部油田已探明总储量与可能储量,以及或有资源估计分别为5530万桶和8570万桶。 Hibiscus今日向大马交易所报备,间接独资子公司SEA Hibiscus私人有限公司(SEAH)于去年11月1日委任RISC Advisory私人有限公司,审核和估算沙巴北部生产共享合约(PSC)油田的储备和或有资源。 “SEAH持有沙巴北部PSC的50%参与权益,且是沙巴北部油田的营运商。国油勘探则持有余下权益。” ...
Wednesday, 16 January 2019
PUTRAJAYA (Jan 16): Malaysia-Singapore relations remain good despite the need for further discussions on several matters, Foreign Minister Datuk Saifuddin Abdullah said today. “Our relations with Singapore remain good. There are some issues but we are ...
Wednesday, 16 January 2019
KUALA LUMPUR (Jan 16): The vacancy rate of Johor Bahru’s high-rise residences is expected to hit above 50% for the first time in 2019, said CBRE | WTW Johor Bahru director Tan Ka Leong. During his presentation of the Johor Bahru real estate market outlook ...

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