China blocks GSK finance head Nechelput from leaving country
LONDON: Chinese authorities investigating the alleged bribery of doctors and officials by GlaxoSmithKline (GSK) have stopped the drugmaker’s head of…
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‘Domestic growth to support economy despite outlook’
KUALA LUMPUR: Standard Chartered Bank (Stanchart) expects domestic growth to support Malaysia’s economy as the external environment remains unfavourable for…
Sovereignty issue on TPPA is red herring, says expert
SINGAPORE: The sovereignty issue that has erupted following the Trans Pacific Partnership Agreement (TPPA) is a ‘red herring’, said director…
NCIA ropes in RM1.96 bln as a result of collaboration with private sector
PUTRAJAYA: The Northern Corridor Implementation Authority (NCIA) has roped in RM1.96 billion as a result of its collaboration with the…
Large investments pressure fundamentals of Asian oil companies, says Moody’s
SINGAPORE: Large capital-spending programmes and acquisitions will remain key sources of pressure for the standalone credit quality of many investment-grade…
Ranhill’s IPO oversubscribed by nearly 13 times
KUCHING: Ranhill Energy and Resources Bhd’s (Ranhill) initial public offering (IPO) to the Malaysian public comprising 19.24 million new shares…
AFG sees net PAT of RM538 million for FY13
KUCHING: Alliance Financial Group Bhd (AFG) – along with major subsidiary Alliance Bank Malaysia Bhd (ABMB) and other subsidiaries –…
Boustead’s privatisation offer fair but challenges ahead, says research house
KUCHING: Boustead Holdings Bhd’s (Boustead) offer to privatise Al-Hadharah Boustead Real Estate Investment Trust (AHB REIT) has been regarded as…