Oil prices to hit US$60 by end-2017
KUALA LUMPUR: Global oil price will move up to US$60 (US$1 = RM4.02) a barrel by end-2017 as demand is…
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IOI shares drop on possible RSPO suspension
KUCHING: Shares in coglomerate IOI Corporation Bhd (IOI Corp) dropped yesterday following the possibility that IOI’s Roundtable on Sustainable Palm…
CPO prices could have limited upside movement
KUCHING: The crude palm oil (CPO) price movement could have limited upside potential. Affin Hwang Investment Bank Bhd (AffinHwang Capital)…
Monetisation of Edra completed — 1MDB
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has completed the asset monetisation of its energy arm, Edra Global Energy Bhd, with…
O&G firms must look at value chain when undertaking cost-cutting
KUALA LUMPUR: Cost-cutting is inevitable for oil and gas (O&G) companies worldwide in view of the falling oil prices but…
Astro targets single digit revenue growth in FY17
KUCHING: Astro Malaysia Holdings Bhd (Astro) is poised to register a middle single digit revenue growth in financial year 2017…
RAM Ratings expects RM100 to RM120 bln of domestic sukuk
KUCHING: RAM Ratings (RAM) anticipates the Malaysian sukuk market to sustain its momentum in 2016, with RM100 billion-RM120 billion of…
No major impact from FDA ban on powdered medical gloves
KUCHING: Analysts with Affin Hwang INvestment Bank Bhd (AffinHwang Capital) believe there is no significant impact from the ban by…