Australian government delivers sombre election budget for ‘extraordinary times’
CANBERRA: Australia’s conservative government unveiled an economic blueprint on Tuesday aimed at creating jobs and growth in ‘extraordinary times’, just…
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FGV’s withdrawal of RSPO cert a bad sign — Analysts
KUCHING: Felda Global Ventures Holdings Bhd (FGV) yesterday confirmed the withdrawal its Roundable on Sustainable Palm Oil (RSPO) certificates for…
EPF to deliver good returns above inflation rate
KUALA LUMPUR: The Employees Provident Fund (EPF) is optimistic that it will continue to deliver real rate of return of…
Malaysia manufacturing PMI declines to 47.1 in April
KUALA LUMPUR: The headline Nikkei Malaysia Manufacturing Purchasing Managers Index (PMI) has deteriorated to 47.1 in April 2016 from 48.4…
OCBC Al-Amin registers 97 per cent increase in pre-tax profit
KUCHING: OCBC Al-Amin Bank Berhad (OCBC Al-Amin) registered a 97 per cent increase in pre-tax profit, from RM87 million in…
Analysts feeling reassured on Nestle’s earnings growth
KUCHING: Analysts are generally feeling reassured on Nestle (Malaysia) Bhd’s earnings growth, following the group’s first quarter of 2016 (1Q16)…
ANZ posts biggest earnings drop since 2008
SYDNEY: Australia’s No. 4 lender, ANZ Banking Group, on Tuesday posted its biggest half-yearly decline in cash profit since 2008…
‘Axiata less susceptible to earnings downgrade’
KUCHING: Axiata Group Bhd (Axiata) is believed by the research arm of Public Investment Bank Bhd (PublicInvest Research) to be…