Saturday, August 12th, 2017


US-N. Korea tensions will continue to weigh on Bursa next week

KUALA LUMPUR, Aug 12 — Bursa Malaysia is likely to extend its downward trend next week as risk appetite for equities remains sour, with market players awaiting some positive developments from the United States-North Korea geopolitical tensions…

Ringgit likely to strengthen in tight-range trading next week

KUALA LUMPUR, Aug 12 — The ringgit is expected to strengthen slightly but move in a tight range of between 4.2800 and 4.2900 against the US dollar next week on mixed market sentiments, a dealer said. MIDF Amanah Investment Bank Bhd’s Chief…

Influx in international flights continue to drive passenger traffic at airports

KUCHING: Malaysia Airports Holdings Bhd’s (MAHB) airports continue to see positive growth from its international flights as international passenger traffic remained on a positive track. Kenanga Investment Bank Bhd’s research arm (Kenanga Research) said for July, KLIA’s main terminal registered growth of 2.5 per cent year-on-year (y-o-y) with international passenger registering positive growth of 10.8 […]

Digital economy’s potential clouded by abuse

KUALA LUMPUR: The digital economy’s potentials – potential growth and abuses – have increased dramatically, said Communications and Multimedia Deputy Minister Datuk Jailani Johari. He said figures released by market research company, Ipsos, and the Centre for International Governance Innovation which showed declining trust online were worrisome. “For all of us with an interest in […]

Analysts neutral on plantation sector, solid earnings expected from planters

KUCHING: Analysts are generally neutral on Malaysia’s plantation sector but  also believe that planters could record solid earnings in the upcoming results season. Kenanga Investment Bank Bhd’s research arm (Kenanga Research) said despite a weakening price outlook, it maintained a neutral view on the sector as it expects solid earnings from planters to be announced […]

Mobile apps to create more business opportunities for Malaysian youths

KUALA LUMPUR: Mobile applications (apps) are set to create more business opportunities for Malaysian youths under the National Transformation Programme (NTP) by enabling them to tap the vast business opportunities being generated by innovations in financial services. Malaysia University of Science and Technology Chief Executive/ President, Dr Premkumar Rajagopal said unlike the developed countries, Malaysia’s […]

Unisem’s earnings growth remain intact

KUCHING: Unisem (M) Bhd’s (Unisem) earnings growth has been viewed as intact, supported by its focus on providing products and services that command better profit margin. In a report, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) noted that since the positive turnaround in 2014, the group’s operating profit has been growing […]

Bond investors give Tesla a US$1.8b endorsement (VIDEO)

NEW YORK, Aug 12— Bond investors yesterday gave a US$1.8 billion (RM7.7  billion) boost to Tesla Inc’s balance sheet by snapping up the electric car maker’s first foray into the US junk bond market, where yield-hungry investors have raced to…