PetroSaudi dismisses online criticisms of 1MDB as inaccurate
KUALA LUMPUR: The Saudi-based oil exploration and services company PetroSaudi International (PSI) yesterday dismissed as inaccurate online criticisms of its…
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F&N to invest over RM100 million to expand footprint in East Malaysia
KUCHING: Fraser & Neave Holdings Bhd (F&N) through its fully owned subsidiary, F&N Beverages Manufacturing Sdn Bhd (F&NBM) has purchased…
Acquisition of Bank Islam boosts BIMB in FY14
KUCHING: BIMB Holdings Bhd’s (BIMB) acquisition of 49 per cent equity interest in Bank Islam Malaysia Bhd has boosted its…
CIMB Group announces key leadership announcement
KUALA LUMPUR: CIMB Group on Thursday made the following announcement pertaining to its senior leadership team. Tigor M Siahaan has…
Najib to consider request for more flights to Myanmar
PUTRAJAYA: Prime Minister Datuk Seri Najib Tun Razak has agreed to consider Myanmar President U Thein Sein’s request for additional…
Lynas blames Kuantan refinery for losses
MELBOURNE: Rare earths miner Lynas Corporation has almost doubled its half-year loss, blaming the slower-than-anticipated ramp-up of its Malaysian processing…
CCMD to become Malaysia’s largest pharmaceutical manufacturer
KUCHING: CCM Duopharma Biotech Bhd (CCMD) looks set to become one of Malaysia’slargest pharmaceutical manufacturers following its purchase of six…
MARC expects real GDP growth of 4.7 pct in 2015
KUALA LUMPUR: Malaysia’s real gross domestic product (GDP) is likely to grow by 4.7 per cent in 2015 amid lacklustre…