Air NZ sells Virgin Australia stake to China’s Nanshan
WELLINGTON: Air New Zealand said it will sell the bulk of its stake in Virgin Australia to Nanshan Group, making…
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LPPSA announces maiden RM25 bln sukuk, bond programmes
KUALA LUMPUR: The Public Sector Home Financing Board (LPPSA) has announced its maiden RM25 billion sukuk/bond programmes, comprising Islamic Commercial…
Perisai urged to prioritise debt restructuring
KUCHING: Analysts believe that Perisai Petroleum Teknologi Bhd (Perisai) should focus on restructuring of its medium term note (MTN) debt…
Analysts positive on Uzma’s growth prospects following project preparation
KUCHING: Analysts remain confident of Uzma Bhd’s (Uzma) growth prospects following timely progress of its preparation work for a project.…
‘Look realistically at M’sia’s trade amid sluggish global trend’
KUALA LUMPUR: Malaysia’s total trade, which was quite flat recently, should be viewed more realistically by looking at the global…
Philippines may join Asian sovereigns testing sukuk market
HONG KONG/SYDNEY: Plans by the Philippines to sell Islamic bonds could open a new source of financing for the incoming…
Gateways at three ports set to attract cruise ships
PORT KLANG: The setting up of three ports as tourism gateways is set to attract more cruise ship visits and…
May palm oil stocks down 8.78 pct to 1.65 mln tonnes
KUALA LUMPUR: Malaysia’s total palm oil stocks in May 2016 fell 8.78 per cent to 1.65 million tonnes versus 1.80…