Business

Sudan opens its doors to Malaysian investors

February 22, 2012
QNA_Ali-Ahmed-Karti12122011

PUTRAJAYA: Sudan is inviting Malaysian entrepreneurs to venture into the country’s oil and gas as well as halal food and food processing sectors. Its Foreign Minister Ali Ahmed Karti... More»

Ananda Krishnan plans $2b sale of power assets

February 22, 2012
Ananda Krishnan

The tycoon has put out his entire power portfolio for sale. More»

BSA: Fast-growing cloud computing market under threat

February 22, 2012
cloud

SINGAPORE: Japan leads the world in cloud computing readiness with Australia in second place, but most Asia-Pacific economies have more work to do to ensure its preparedness, a first-of-its-kind... More»

Apple top vendor for smartphones

February 22, 2012
smartphones

STAMFORD: Worldwide smartphone sales to end-users soared to 149 million units in the fourth quarter of 2011, a 47.3 percent increase from the fourth quarter of 2010, according to... More»

Developing franchises in Malaysia

February 22, 2012
marry

KUALA LUMPUR: Franchise businesses in Malaysia are still new among entrepreneurs, although the industry has been promoted and supported by the government since the early 1990s. Globally, franchises are... More»

KL shares end higher

February 20, 2012
Bursa

KUALA LUMPUR: Share prices on Bursa Malaysia ended higher today, tracking gains in heavyweights and penny stocks in line with the performance of regional bourses, dealers said. The benchmark... More»

Malaysia atttractive for property owners

February 20, 2012
DS-House

KUALA LUMPUR: Low barriers and healthy prices make Malaysia an attractive market for property ownership not only among locals but also foreigners, says iProperty Group Ltd chief executive officer... More»

Qantas profits down, cuts jobs

February 16, 2012
quantas

SYDNEY:  Qantas has said it will close some international routes and cut almost 500 jobs after its profits were hit by an industrial dispute and rising fuel costs. The... More»

Singapore economy to grow at 1.0-3.0% this year

February 16, 2012
singapore

SINGAPORE: Singapore’s Ministry of Trade and Industry (MTI)has maintained the economic growth forecast for the country in 2012 at 1.0% to 3.0% with the global economy outlook remaining subdued.... More»

Bursa Malaysia closes on weak note but CI steady

February 14, 2012
bursa trade

KUALA LUMPUR: Bursa Malaysia remained bearish but the market barometer, the FTSE Bursa Malaysia (FBM KLCI), closed steady indicating the market’s undertone was still intact, said dealers. Affin Investment... More»

KL shares finish on easier note

February 22, 2012
Bursa

KUALA LUMPUR: Share prices on Bursa Malaysia ended on easier note today following losses in selected plantation and banking counters, dealers said. The benchmark FTSE Bursa Malaysia KLCI (FBM... More»

Shares slip as Greek reality bites, oil worries

February 22, 2012
Traders work at their desks at the Frankfurt stock exchange

TOKYO: Asia markets slipped today as relief over Greece’s latest bailout turned to doubts that the debt-stricken country can keep to its austerity programme and concern about rising oil... More»

Proton,Yes to offer Msia’s first in-car 4g Internet access

February 22, 2012
yes

KUALA LUMPUR: Proton Holdings and Yes, a 4G network provider under YTL Communications Sdn Bhd, today launched a collaboration to offer Malaysia’s first in-car 4G Internet access in Proton’s... More»

Kingfisher hits turbulence, cancels 20 flights

February 22, 2012
kingfisher-aire4eeeeee

NEW DELHI: Kingfisher Airlines cancelled about 20 flights on Wednesday even as the DGCA was set to brief the civil aviation minister on the ailing carrier’s plans to restore... More»

KL shares end mixed

February 21, 2012
Bursa

KUALA LUMPUR: Share prices on Bursa Malaysia ended mixed today buoyed by bargain hunting and gains in selected bluechips such as Maybank, RHB Capital, Sime Darby and Petronas Chemicals,... More»

Indian tourists to spend billions in Malaysia this year

February 20, 2012

NEW DELHI: Malaysian tourism officials are optimistic Indian holidaymakers will continue to spend billions of ringgit in Malaysia this year despite global economic strain or airlines revamping routes. Last... More»

KL shares head south with FBM KLCI below 1,555 points

February 16, 2012
bursa trade

KUALA LUMPUR: Share prices on Bursa Malaysia headed south today at the close with the FTSE Bursa Malaysia KLCI (FBM KLCI) below the 1,555-point level as investors reduced their... More»

Former Olympus president arrested

February 16, 2012

TOKYO: The former president of under-fire Olympus has been arrested in Tokyo, prosecutors said Thursday, in one of the biggest ever financial scandals to rock corporate Japan. Tsuyoshi Kikukawa... More»

KL shares end on mixed note, CI down

February 15, 2012
bursa trade

KUALA LUMPUR: Share prices on Bursa Malaysia ended on a mixed note after a weak performance throughout the day with the market barometer remaining in the red, somewhat ignoring... More»

M’sia’s per capita income continues to rise

February 14, 2012
Tan Sri Nor Mohamed Yakcop

SHAH ALAM: The Malaysian economy has continued to grow, as reflected in the rising per capita income which has gone up significantly since 1970, Minister in the Prime Minister’s... More»

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