Let banks fail is Iceland’s mantra as two per cent joblessness in sight
Iceland let its banks fail in 2008 because they proved too big to save. Now, the island is finding crisis-management…
Browsing: Business
Reversal pattern on the FBM KLCI chart
For the past month, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) wiped out gains made in the…
Nam Cheong sails into contract to supply five vessels worth US$70 mln
MIRI: Home grown Nam Cheong Ltd and its subsidiaries a leading global offshore marine player have procured contracts to supply…
Bursa Malaysia net profit for FY13 up 15 per cent
KUCHING: Bursa Malaysia Bhd (Bursa Malaysia) net profit for financial year 2013 (FY13) climbed 15 per cent year-on-year (y-o-y) to…
Thai tourism hurt as anti govt protests put damper on CNY holidays
THAI anti-government protests that have shut down parts of Bangkok may cost the nation’s tourism industry as Chinese visitors cancel…
SCH Group IPO oversubscribed by 67.93 times
KUALA LUMPUR: Quarry specialist supplier SCH Group Bhd, enroute to a listing on the Ace Market of Bursa Malaysia on…
Ringgit could wane further against US dollar
KUCHING: The foreign exchange and equity markets in emerging markets took a beating recently. Malaysia, specifically, saw the ringgit plummet…
Lower cost of raw sugar may lend sweet gains for MSM Malaysia
KUCHING: Sugar manufacturer MSM Malaysia Holdings Bhd’s (MSM Malaysia) earnings is expected to receive a boost in financial year 2015…