Business

Sime Darby Property appoints new CFO

By FARAH AISYAH
Sime Darby Property Bhd has appointed Betty Lau Sui Hing (picture) as its new group CFO effective April 1, 2019. She succeeded Datuk ...

Petronas bags Amplus Energy in maiden international RE venture

This acquisition reflects Petronas’ strategic intent to grow in the RE space
By NG MIN SHEN / Pic By ISMAIL CHE RUS National energy giant Petroliam ...

SMTrack to venture into airline biz

By BERNAMA / Graphic By TMR
SMTrack Bhd, which provides radio frequency identification (RFID) solutions, is looking to venture into the low-cost ...

Sapura Energy bags 5 contracts

By TMR / Pic By sapuraenergy.com
Sapura Energy Bhd has secured five new contracts worth RM1.3 billion for its engineering and construction, as well as ...

DRB-Hicom targets to add 2 new vehicle brands

Group MD expects earliest feedback on the agreement by middle or end of 2020
by RAHIMI YUNUS / pic by MUHD AMIN NAHARUL DRB-Hicom Bhd, via its wholly ...

Firefly to resume flights to Singapore from April 21

by BERNAMA / pic by MUHD AMIN NAHARUL
Malaysia’s premium short-haul airline, Firefly, will resume its flights to Singapore from April 21. In a ...

Fuel prices: RON97 up 5 sen, RON95 and diesel unchanged

RON97 will cost 5 sen more, from RM2.63/litre to RM2.68/litre, for the fuel price week April 13 -19 .
The Finance Ministry in a statement here today ...

McDonald’s quest for sustainable eggs rattles market

By BLOOMBERG
CHICAGO • McDonald’s Corp’s mission to use only cage-free eggs is rippling across the market. The world’s largest restaurant company is ...

TNB falls on Khazanah’s share sale

By FARA AISYAH / Pic By MUHD AMIN NAHARUL
Shares of Tenaga Nasional Bhd (TNB) fell to the lowest since September 2015 following major shareholder ...

RAC, MBI team up for affordable housing project

Some of RAC’s assets in Bangi have already been identified for the project
By NUR HAZIQAH A MALEK / Pic By MUHD AMIN NAHARUL Railway Assets Corp (RAC) ...

More CLSA top executives quit

By BLOOMBERG
HONG KONG • The culture clash between CLSA Ltd’s old guard and its Chinese owner may have reached a tipping point. At least four of the ...

Volvo explores closer ties with Geely in China

We have a good relationship and dialogue with our colleagues at Volvo, says Geely
MUNICH • Volvo AB may collaborate with Zhejiang Geely Holding Group ...