Share sale proceeds double in China, HK as firms ride stock
HONG KONG/SHANGHAI: Chinese companies have almost doubled their proceeds from share issues in initial public offerings and secondary markets after…
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Indonesia’s trade surplus increases in May
JAKARTA: Indonesia’s trade surplus grew to US$950 million in May, official data showed Monday, as imports slid sharply in Southeast…
In US$8 bln Samsung bid, some Koreans break ranks to side with foreign activist
SEOUL: In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as…
Duo caught in enforcement raid for selling notebooks with pirated software
KUCHING: Two computer dealers in Kuching were caught selling notebook computers installed with suspected pirated Microsoft operating system software to…
Prudential calls for awareness, protection after Sabah quake
KUCHING: The recent earthquake disaster underscored the call by insurance providers such as Prudential Assurance Malaysia Bhd (Prudential) to prepare…
Focus on ethical business for talent retention — Survey
KUCHING: Ethical business practices are directly related to attracting and retaining talent in Asia-Pacific (APAC) with almost 80 per cent…
Petronas to focus on profitable projects, opportunistic acquisitions abroad
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will continue to implement cost-cutting measures, concentrate on profitable projects, as well as eye…
Sunsuria’s attractive land costs translate into strong margins
KUCHING: Sunsuria Bhd (Sunsuria), which has a total gross development value (GDV) of RM11.2 billion, has attractive land costs which…