Tag Archives: Billion

IHH Healthcare Bhd’s pre-tax profit jumped to RM1.2 billion for the financial year ended Dec 31, 2014 from RM881.56 million a year ago. IHH Healthcare's FY14 PBT leaps to RM1.2 bilwww.kinibiz.comIHH Healthcare Bhd's pre-tax profit jumped to RM1.2 billion for the financial year ended Dec 31 …

FREE: TigerTalk – Petronas’ U-turn in a RM4 billion LNG tankers deal, conceding ownership to subsidiary MISC instead of operating the vessels themselves, is a sign that the oil crisis is forcing Petronas’ hands. Petronas eats RM4 bil humble piewww.kinibiz.comPetronas' U-turn in a RM4 bill …

Petronas Gas registered a higher profit before tax of RM2.4 billion for its financial year ended Dec 31, 2014 compared to the RM1.9 billion recorded a year ago. PetGas' PBT for FY14 rises to RM2.4 bilwww.kinibiz.comPetronas Gas Bhd (PetGas) registered a higher profit before tax (PBT) of RM2.4 b …

Shell Refining Co reported a higher a pre-tax loss of RM1.2 billion for the financial year ended Dec 31, 2014 against a pre-tax loss of RM223.34 million registered in 2013. Shell Refining FY14 pre-tax loss plunges to RM1.2 bilwww.kinibiz.comShell Refining Co (FOM) Bhd reported a higher a pre-tax los …

President Barack Obama’s fiscal 2016 budget proposes US$ 7.4 billion to fund clean energy technologies and a US$ 4 billion fund to encourage US states to make faster and deeper cuts to emissions from power plants. Obama proposes 'Clean Power State Investment Fund'www.kinibiz.comPresident B …

GEORGE TOWN, Jan 28 (Bernama) — Penang aims to secure more than RM5 billion in foreign direct investments from four major electronics companies planning to set up their plants here. Director of InvestPenang, a Penang government investment arm, Datuk Lee Kah Choon, said the four multinational c …

Budget 2015 is now RM5.5 billion leaner, although RM48.5 billion in development plans remains untouched. But some questions arise following what cuts were chosen and other measures announced by the prime minister. It was an impressive crowd before whom Prime Minister Najib Abdul Razak spoke in Putra …

The current account surplus narrowed by almost a third to RM7.6 billion between the first and third quarter of 2014, and the prospects of a deficit are looming as oil and gas export earnings fall. Red lights blinking on Malaysia's economywww.kinibiz.comTumbling oil prices are putting pressure o …

1Malaysia Development Bhd's (1MDB) announcement that the RM8.3 billion it parked in the Cayman Islands have finally been redeemed has done little to placate former prime minister Dr Mahathir Mohamad, who insists on knowing where the money is now. Where's the money, Mahathir asks 1MDBwww.ma …

1MDB's announcement that its RM8.3 billion funds parked in the Cayman Islands has finally been redeemed has done little to placate former prime minister Dr Mahathir Mohamad who insisted on knowing where the money is now. Where's the money? Mahathir asks 1MDBwww.kinibiz.com1Malaysia Develop …

FREE: Over the years Pembinaan PFI had awarded RM23 billion in PFI jobs, according to the Auditor-General’s findings, yet it does not have a website or any publicly available resource for the general public who might be curious as to who are getting these jobs, what public infrastructure is being bu …

SEGAMAT, Dec 23 (Bernama) — The government has allocated RM1.5 billion to build and upgrade hospitals and health facilities throughout the country next year in efforts to provide the best health service to the people. Health Minister Datuk Seri Dr S. Subramaniam said this included upgrading ol …

1MDB's debt balloons as ringgit weakens The currency slide adds RM3.96 billion to the sovereign fund's tab, The Edge reports. 1MDB's debt balloons as ringgit weakens

A controversial RM4.5 billion land deal by the Johor Sultan and other mega property developments linked to him caused ripples in Iskandar this year, prompting analysts to warn of their potentially dire effects on the project’s long-term growth. Are Johor Sultan’s land deals hurting Iskandar?www.kini …

MELAKA, Dec 11 (Bernama) — Melaka raked in RM4.38 billion in manufacturing investments for 22 projects approved by the Malaysian Investment Development Authority (MIDA) between January to September this year. Chief Minister Datuk Seri Idris Haron said the figure was very encouraging for a smal …