Latest Malaysia News
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Of higher pain threshold
THE only way to tolerate pain is to first be in a place of pain. The only way to run faster is to run fast. Some 33,000 people have signed up for ...
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Buying cheap clothes at what cost
CHEAP goods are always in demand. Otherwise, why do people get excited about annual sales? Being an avid consumer in getting the best bargain especially clothes, I used to be oblivious about where they were made as long as the price was reasonable. There are many things that we care deeply about when getting reasonably-priced clothes such as how we will look in them and probably some people may ...
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Leon Fuat steels itself for expansion Main Market-bound company steps into new era after being a family business for 40 years
is now ready get out of its comfort zone to be a public-listed company in the name of expansion and diversification of its businesses. The company is en route to a listing on the Main Market of Bursa Malaysia on June 5. Leon Fuat, controlled by the Ooi family, is primarily involved in the trading and processing of steel products specialising in rolled long and flat products. Its steady business ...
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I-Bhd envisions different shopping experience with CentralPlaza project
is bringing Malaysians a different shopping experience with the planned opening of the CentralPlaza@i-City mall at its flagship property development in Shah Alam. CentralPlaza@i-City’s development will offer shoppers looking for an alternate experience with a Thai flavour away from most of the retail offerings found in the country today. ...
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Big role for Daya Offshore in OG CEO Midgley plans to make the company the largest contributor to Daya Materials’ earnings
, is a man in a hurry. Organic growth isn’t what he has in mind. This former oil and gas commercial diver has huge ambitions for DOC and is resolute in making it the largest contributor in terms of earnings for its parent ...
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Making money from malls Hektar REIT quietly carving a niche market
SAFE havens like real estate investment trusts (REITs) are always in demand during tumultous times, but let’s face it, it will never be as sexy as growth and penny stocks. In fact, the instrument itself was never attractive but just stable until the emergence of mega REITs that dominated the local scene. One of these local REIT ...
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Economy to grow stronger in Q2 ETP will boost 2013 GDP growth to around 5 says Credit Suisse Securities MD
KUALA LUMPUR: Malaysia’s economy will grow stronger in the second half this year, driven by the removal of the political uncertainty and the Government’s firm economic policy, ...
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Apple seen losing its innovation magic by 71 in global poll
, the world’s most valuable technology company, has lost its edge among investors, according to the latest Bloomberg Global Poll. Hedge funds sold large stakes of the iPhone maker’s stock in the first ...
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Differing views on ecomomic outlook Domestic demand deemed to be engine of growth
THE differing views on the outlook of the Malaysian economy for this year shows how uncertainty is still gripping the global economy and has not provided a clearer picture on how things will turn out in the following quarters. The more cautious economists will prefer to wait for indicators such as factory output, regional purchasing managers’ indices and exports in the months of April and ...
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Bulls in full control
REVIEW: Strong spilt-over buying momentum drove Bursa Malaysia sharply higher at the start of the new week, with the FBM Kuala Lumpur Composite Index (FBM KLCI) jumping 10.51 points, or 0.59% to 1,782.89. Interest was broad-based, led by the blue chips on foreign funds support. Elsewhere, second and lower liners enjoyed brisk business amid greater retail participation due to easing political ...
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PPB Group chalks up higher Q1 profit and revenue
posted a higher pre-tax profit of RM256.32mil for its first quarter ended March 31, against RM199.65mil a year earlier. Revenue for the period grew 10% to RM763.85mil compared with RM696.96mil previously. In a filing with Bursa Malaysia yesterday, PPB said the higher revenue was mainly driven by better turnover from the flour and feed milling, as well as the grains trading segments. The hike in ...
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Tips to consider when picking a business partner
YOU’RE looking to set up a business. Or perhaps you already have one – but you’re looking to recruit a partner to take your enterprise to the next level. Finding a suitable business partner is different from firing an employee as all decisions concerning the future of the company would have to be shared and discussed. So what should one take into account when finding a suitable ...
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IJM’s Rimbayu project well received
launched phase one of Rimbayu, it generated a lot of interest surprisingly because Rimbayu is located after Kota Kemuning, off the Kesas Highway from Subang Jaya. About 18,000 registered, 2,000 came for the balloting, four times the total units available for sale. Its second phase, to be launched in July/August, will also be sold via the balloting process. There are two things to note from this. ...
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Allianz M’sia Q1 pre-tax profit rises
’s pre-tax profit rose to RM78.74mil in the first quarter ended March 31, 2013 from RM76.69mil in the same quarter last year. It said the general insurance operations sustained its underwriting margins through prudent risk selection, enhanced operational efficiencies and strengthened distribution capabilities. — Bernama In a filing to Bursa Malaysia, Allianz Malaysia said revenue ...
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Demographics influence properties Location of offices may have an effect on staff
WHERE one works may not say a lot about us, but where one hangs out will. Which takes us to the next level. Does demographics have an influence over how office buildings are planned and designed? Property consultant YY Lau, the principal of YY Property Solutions, says the Klang Valley’s changing office environment says a lot about our lifestyle and how we like to spend our time. ...
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How to choose a home loan
TO the common folk, choosing a home loan is almost as hard as choosing the property itself. If you’re currently in the midst of shopping for a home loan to buy your dream house, here are six things you should consider before making what could arguably be the biggest financial decision of your life. 1) Type of home loan First and foremost, consider what works best for you: a traditional ...
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Affin Ingress offer fair and reasonable
are looking to buy the 59.2 million shares, or 70.19% of the group they do not own, at RM1.85 per share or RM109mil. ';We are of the opinion that the offer is fair and reasonable. Accordingly, we wish to advise and recommend the holders to accept the offer,'; the investment bank said in an independent advice circular. It said the opinion was formed by taking into account the indicative ...
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A hard habit to break Marketers should focus more on unconscious mind says consultant
hafidz@thestar.com.my HAVE you ever driven your car and then couldn’t recall the last five to 10 km? That demonstrates the power of the unconscious mind, which is also a key factor in your shopping behaviour, according to marketing consultant and ...
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OMG appoints new communications planning director
Malaysia (OMG). OMG says in a statement that Mehta will play a pivotal role in enhancing the group’s strategic planning capabilities, resulting in ';lasting and meaningful brand experiences'; for the concerned audiences. Mehta joins OMG from Leo Burnett, where he was the agency lead on Proton. With 18 years of experience, Mehta has worked for top advertising agencies like Ogilvy, ...
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MASkargo business plan gets support
said the three thrusts are investing in emerging and niche markets, providing top-quality customer services, and cost-saving initiatives and efficiency in operational processes. ';Despite the challenges ahead, we must try our best to seize every opportunity to keep our customers happy as well as remain competitive in an industry that is moving rapidly towards the future,'; he said. ...
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Pay-TV alters adex picture Ad spending excluding Astro grew 4.2 in first four months
ADDITIONAL pay-television channels monitored by Nielsen Malaysia over the past 12 months helped to boost the total advertising expenditure (adex) in the first four months of 2013. According to Nielsen, year-to-date April adex rose 17.9% to RM3.69bil from RM3.13bil in the same period a year ago. Pay-TV adex alone recorded a 63.2% jump year-on-year. Excluding pay-TV, however, Jan-April adex only ...
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Leo Burnett offers free campaign
Malaysia, one of Malaysia’s largest and oldest marketing communications groups, is offering Malaysian business owners an opportunity to reach for the stars through its FREELB (pronounced Free-LB) project launched this week. ';FREELB encourages companies and businesses to submit their most compelling and creative brief, to win a brand campaign of international standard strategised and ...
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World Bank sees surge in poor countries’ investments
. These nations and their comparatively younger and bigger populations were also set to become the largest sources of capital, with China and India turning into the world’s two biggest investors by 2030, the global development lender said. The shifting landscape of saving and investment has profound implications for everything from which currencies will dominate global markets to the rise ...
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Spikes Asia Festival of Creativity invites entries for 2013
THE Spikes Asia Festival of Creativity, Asia Pacific’s premier awards and festival for the creative communications industry, is now open for entries for its 2013 awards. Lions Festivals, which is co-organising it with Campaign Asia Pacific publisher Haymarket, says entries are being accepted into a total of 16 categories, including print, film, radio, media, outdoor, PR and creative ...
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Dell downhill but CEO upbeat 79 profit slide boosts founder’s go-private plan
, the subject of a takeover battle between activist investor Carl Icahn and the company’s billionaire founder, reported a 79% slide in profit as personal computer sales continued to shrink. The disappointing results lend weight ...
Kuala Lumpur Spotlight
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City's major raw water project
It’s been in the pipelines for several years, but finally the Pahang-Selangor raw water transfer project has found its feet with an official groundbreaking ceremony held in April of 2010, the facility, when completed, will enable a massive region of the country, including Kuala Lumpur, Selangor and Putrajaya to cope with increasing demand for raw water treatment from industrial, residential and tourism sectors of the economy.
The raw water treatment project is a massive undertaking: a pipeline is to be constructed run from Sungai Semantan in Pahang to the Hulu Langat water treatment facility in Selangor, it will be 44.6 kilometers long, the longest tunnel of its kind in Asia and the sixth largest in the world. When operating at maximum capacity, over 1,800 litres of raw water will be pumped to Selangor and treated for conversion to fresh water, according to Kuala Lumpur news media. Read more
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