Islamic banks launch investment account platform
KUALA LUMPUR: Six Islamic banking institutions yesterday launched the first bank-intermediated financial technology (fintech) platform, known as the Investment Account…
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Recall exercise a mark of improved branding for Proton
KUCHING: Analysts are generally positive on DRB-Hicom Bhd’s (DRB-Hicom) Proton exercise which saw the major recall for some 94,577 vehicles.…
Analysts peg long-term positive on UEM’s JV with Mulpha to develop Nusajaya land
KUCHING: UEM Sunrise Bhd’s (UEM) latest joint venture (JV) with Mulpha International Bhd (Mulpha) has been viewed positively as the…
Dialog on track to build long-term income from tank business
KUCHING: Dialog Group Bhd (Dialog) has been viewed as on track to build on its long-term recurring income generating asset…
Perdana Petroleum receives rating for proposed sukuk
KUCHING: RAM Ratings has assigned a preliminary rating of AAA(fg)/Stable to the RM650 million five-year tranche of Perdana Petroleum Bhd’s…
Axiata 4Q15 earnings decline despite record higher revenue
KUCHING: Axiata Group Bhd’s (Axiata) fourth quarter 2015 (4Q15) earnings declined despite generated higher revenue. The telecommunication services company in…
Healthy LEDs demand to spur Elsoft’s earnings outlook, medical devices to be next earnings driver
KUCHING: Elsoft Research Bhd’s (Elsoft) earnings outlook is expected by analysts to be spurred by healthy LEDs demand while medical…
Iran could decide fate of first global oil deal for 15 years
DOHA/LONDON: The fate of the first global oil deal in 15 years could be decided when OPEC members travel to…