News

Cagamas issues RM605m CPs


By TMR
National mortgage corporation Cagamas Bhd has issued commercial papers (CPs) worth RM605 million to fund the purchase of housing loans and ...

KPS strengthens manufacturing segment following departure from utility business

By SHAHEERA AZNAM SHAH / Pic By TMR File
KUMPULAN Perangsang Selangor Bhd (KPS) is expected to focus on the manufacturing segment following its ...

Sultan Ahmad Shah laid to rest in Pekan

Al-Sultan Abdullah and his brother Tengku Abdul Rahman laid the tombstone on their father’s grave
by BERNAMA The former Sultan of Pahang, Paduka ...

MSM records more losses due to lower prices, higher costs

By MARK RAO / Graphic By TMR
MSM Malaysia Holdings Bhd began the year in the red as lower average selling prices and higher refining costs negatively ...

UMW’s aerospace segment to be profitable next year

The company will ramp up its production in line with orders which will improve the efficiency of the plant
By RAHIMI YUNUS / Pic By ARIF KARTONO UMW ...

Allianz 1Q net profit boosted by higher gross premiums

By MARK RAO / Pic By TMR
Allianz Malaysia Bhd posted a 13.4% year-on-year (YoY) jump in net profit to RM98.92 million for its first quarter ended March ...

Mobile subscriptions exceed population

The industry only added 100,000 new subscriptions between the January-December 2018 period
By NG MIN SHEN / Pic By TMR File Malaysia’s mobile ...

US-China trade tensions hurting ringgit

By MARK RAO / Pic By BLOOMBERG
The ringgit extended losses against the US dollar to close at a six-month low yesterday as external factors continue to ...

PTP and NIOSH tie-up to build safety programme for port workers

The programme will provide insights on OSH legal requirements, as well as PTP’s HSE requirements
By S BIRRUNTHA / Pic By TMR File PELABUHAN Tanjung ...

BIMB’s profit for 1Q19 rises 17.7% to RM202.5m on strong takaful business

Amid cautious business sentiment this year, BIMB says the takaful industry is expected to have an edge over conventional insurers in view of strong ...

Genting 1Q profit falls despite higher revenue base

by MARK RAO
Genting Bhd’s net profit contracted 6.8% year-on-year (YoY) to RM561.64 million for the first quarter ended March 31 this year (1Q19) ...

OnePlus aims to sell 5,000 smartphones in three months

By LYDIA NATHAN / pic by ARIF KARTONO
OnePlus Technology Co Ltd, which recently launched its latest premium flagship smartphone, the OnePlus 7 Pro, is ...