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Business Share News In Malaysia From New Malaysia Daily


Kk mall on fire, causes panic to shoppers -  From www.nst.com.my -  36 mts ago A fire that broke out in the store room of popular shopping centre Warisan Square in the central business district of Kota Kinabalu, sent workers and shoppers into a mild panic this morning.
Fbm klci closes lower -  From biz.thestar.com.my -  36 mts ago The FBM KLCI closed lower 0.81 points to 1,298.86 Tuesday.

   
Inno biologics honoured with the emerging company of the year 2010 award -  From malaysia.news.yahoo.com -  36 mts ago ATTENTION EDITOR, BUSINESS & GENERAL DESK
Women entrepreneurs receive e -  From star-techcentral.com -  37 mts ago KUALA LUMPUR: A hundred female entrepreneurs from Selangor have been trained to build an online business through the pilot-initiative of 1nita, which began at the end of last year.
Anwar says graft causing fdi drop -  From news.google.com -  37 mts ago border=1The Malaysian Insider Anwar says graft causing FDI dropThe Malaysian InsiderKUALA LUMPUR, March 16 — Datuk Seri Anwar Ibrahim has claimed the Barisan Nasional governments poor governance and “endemic corruption” are behind falling foreign direct investment (FDI) in Malaysia. ...Malaysia Still Competent To Lure More Investments This YearBernamaall 3 news articles »
Corporate default rate projected at 3.3 per cent this year -  From news.google.com -  37 mts ago border=1Malaysia Star Corporate Default Rate Projected At 3.3 Per Cent This YearBernamaKUALA LUMPUR, March 16 (Bernama) -- Malaysias corporate default rate is projected at 3.3 per cent this year in view of the continuous improvement in economic activity going forward, according to Malaysian Rating Corporation Bhd (MARC). ...MARC sees lower default rate of 3.3% this yearMalaysia Starall 4 news articles »
Columbia asia to spend about rm1.5 bln on new hospitals -  From news.google.com -  37 mts ago Columbia Asia To Spend About RM1.5 Bln On New HospitalsBernamaKUALA LUMPUR, March 16 (Bernama) -- Regional healthcare provider, Columbia Asia Group of Companies, will spend about RM1.5 billion to build 15 new hospitals in the region. Vice president, treasury services, Kahar Mohamed, said it would include the ...EPF associate Columbia Asia secures RM250m for 6 hospitalsThe Edge Malaysiaall 3 news articles »
Malaysia may raise interest rates to avert asset bubbles -  From business-times.asiaone.com -  5 hrs 21 mts ago (KUALA LUMPUR) Malaysias central bank said it may increase interest rates further to avert asset bubbles and discourage risky investments by people seeking better returns, even as inflation will likely remain modest this year.
Boosting trade with msia top priority: china -  From business-times.asiaone.com -  5 hrs 21 mts ago (KUALA LUMPUR) Chinas ambassador to Malaysia, Liu Jian, says expansion of trade and investment between Malaysia and China is the top priority for him this year as several trade agreements, including Chinas free-trade agreement (FTA) with Asean, come into force.
Raja nazrin: islamic finance crucial to reform global finance rules -  From news.google.com -  5 hrs 23 mts ago Raja Nazrin: Islamic finance crucial to reform global finance rulesThe Edge MalaysiaKUALA LUMPUR: The principles of Islamic finance are integral to reforming global finance regulations, especially as the world grapples with the fallout from the global financial crisis and maps out the path to recovery, said the Crown Prince of Perak ...Islamic Finance Should Be Transparent To Ensure Predictabiltiy, Says Raja NazrinBernamaall 3 news articles »
Sweeping us financial regulation plan unveiled -  From biz.thestar.com.my -  5 hrs 24 mts ago WASHINGTON: A new Democratic Senate bill to tame the financial markets would give the government new powers to break up firms that threaten the economy, force the industry to pay for its failures and create an independent consumer watchdog within the Federal Reserve.
Eurozone agrees to loan some of the us$74bil needed by greece -  From biz.thestar.com.my -  5 hrs 24 mts ago BRUSSELS: Eurozone finance ministers have agreed to offer financial help for Greece - likely in the form of bilateral loans - but refused to give details until European Union leaders make a final decision on the potential bailout.
St telemedia invests in malaysian telco -  From news.google.com -  6 hrs 32 mts ago border=1Malaysia Star ST Telemedia invests in Malaysian telcoTODAYonlineSINGAPORE - Singapore Technologies Telemedia (ST Telemedia) is planning to buy a 33-per-cent stake in Malaysias U Mobile for RM625 million ($262.8 million). The company entered into definitive agreements in ...U Mobile stake part of RM1bil STT planMalaysia StarPRESS DIGEST - Malaysia - March 16ReutersTelemedia buys Msian telco stakeStraits TimesChannel News Asia -Business Times (subscription) -Bernamaall 24 news articles »
Jackson estate in record deal worth up to us$250mil -  From biz.thestar.com.my -  6 hrs 34 mts ago LOS ANGELES: The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a US$200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal.
Shanghai opens new airport tuesday -  From biz.thestar.com.my -  6 hrs 34 mts ago SHANGHAI: Shanghai inaugurated a massive new airport terminal and transport hub Tuesday meant to help the city handle the 70 million or more visitors it expects to attend the upcoming World Expo.
Twitter working on chinese registration page -  From biz.thestar.com.my -  6 hrs 34 mts ago NEW YORK: Twitter is working on a way to allow Chinese users to sign up to the social networking site in their own language, a co-founder of the site said Monday night, but access to the popular site remains blocked in the country.
Kfch to invest rm10m in farming project -  From biz.thestar.com.my -  6 hrs 34 mts ago KULAI: KFC Holdings (M) Bhd (KFCH) will invest RM10mil in a chicken farming project in Sedenak by the year-end.
Scomi seeks opportunities in egypt -  From biz.thestar.com.my -  6 hrs 34 mts ago PETALING JAYA: Scomi Group Bhd is seeking to increase business collaboration opportunities with Egypt in the transportation and oil industries and the manufacturing of trains and buses.
Pharmaniaga gets back manufacturing licence -  From biz.thestar.com.my -  6 hrs 34 mts ago PETALING JAYA: Pharmaniaga Bhd has been issued the 2010 manufacturing licence yesterday, as a result of a satisfactory follow up audit by the Pharmaceutical Services Division of the Ministry of Health, which was carried out on March 10.
Astro requests for more time -  From biz.thestar.com.my -  6 hrs 34 mts ago KUALA LUMPUR: Trading in Astro All Asia Networks plc shares will continue to be suspended today and tomorrow at the company’s request, pending a material announcement.
Marc sees lower default rate of 3.3% this year -  From biz.thestar.com.my -  6 hrs 34 mts ago PETALING JAYA: Malaysian Rating Corp Bhd (MARC) is projecting an annual corporate default rate for debt issues at 3.3 % this year premised on the rating agency’s view of continuous improvement in economic activitives moving forward.
Maybank singapore launches worldwide remittance service -  From biz.thestar.com.my -  6 hrs 34 mts ago SINGAPORE: Maybank Singapore launched yesterday a worldwide remittance service in collaboration with Western Union, allowing its customers to remit their money to more than 410,000 locations in over 200 countries.
Bank rakyat expands services for tabung haji depositors -  From biz.thestar.com.my -  6 hrs 34 mts ago
January rubber output up 12% -  From biz.thestar.com.my -  6 hrs 34 mts ago KUALA LUMPUR: Malaysia produced 108,892 tonnes of natural rubber (NR) in January this year, an increase of 12.3% or 11,890 tonnes from the previous month.
Misc shares merger date -  From biz.thestar.com.my -  6 hrs 34 mts ago PETALING JAYA: MISC Bhd said the effective date on which its foreign tranche shares will be merged with its local tranche shares had been fixed on March 31.
Talam to settle rm241mil debt -  From biz.thestar.com.my -  6 hrs 34 mts ago PETALING JAYA: Talam Corp has entered into an agreement with Menteri Besar Selangor (Inc) last Friday to settle RM241.4mil owing to the latter via disposal of properties and RM12.7mil cash, it told Bursa Malaysia.
Btoto posts higher q3 net profit -  From biz.thestar.com.my -  6 hrs 34 mts ago KUALA LUMPUR: Berjaya Sports Toto Bhd’s (BToto) net profit increased marginally to RM97.8mil for the third quarter ended Jan 31 against RM97.1mil in the previous corresponding period.
Petronas lubricants to boost market share -  From biz.thestar.com.my -  6 hrs 34 mts ago KUALA LUMPUR: Petronas Lubricants International Sdn Bhd aims to be the lubricant market leader in Malaysia in five to 10 years by introducing more high standard lubricant products and having aggressive marketing campaigns, said Petronas Dagangan Bhd lube business division general manager Mohd Shobri A. Bakar.
Cmp to build high -  From biz.thestar.com.my -  6 hrs 34 mts ago KUALA LUMPUR: Central Malaysian Properties Sdn Bhd (CMP) will be developing high-end condominiums in Johor Baru that may cost about RM1.5mil a unit.
Quek revises offer price for hume shares -  From biz.thestar.com.my -  6 hrs 34 mts ago KUALA LUMPUR: Tan Sri Quek Leng Chan has revised the price to buy the rest of Hume Industries (M) Bhd shares not already owned by his investment vehicle, Spectrum Arrangement Sdn Bhd (SASB), to RM4.50 from RM4.30 apiece.

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