Tag Archives: Business

KUALA LUMPUR, Jan 29 (Bernama) — The Boeing Company reported a three per cent increase in fourth-quarter 2014 revenue to US$ 24.5 billion over the same period of 2013 on higher commercial deliveries. In releasing its financial results for the quarter ended Dec 31, 2014, the global aviation com …

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 …

JOHOR BAHARU, Jan 28 (Bernama) — A total of 619 manufacturing projects with investments of RM63.5 billion were approved by the Malaysian Investment Development Authority (MIDA) between January and September last year compared with 787 projects valued at RM52.1 billion in 2013. MIDA executive d …

KUALA LUMPUR, Jan 27 (Bernama) — Malaysians should not overreact to the current global economic situation such as falling oil prices, the European financial crisis and depreciating emerging currencies. Such an attitude, says Chief Economist and Investment Strategist, IQI Group Holdings Shan Sa …

KUALA LUMPUR, Jan 27 (Bernama) — Malaysia has submitted a proposal to undertake the construction of a new international airport in Nepal. The Prime Minister’s Special Envoy to South Asia Datuk Seri Dr S Samy Vellu said the Malaysian parties are still awaiting a formal response from the N …

KUALA LUMPUR, Jan 26 (Bernama) – The Malaysia Competition Commission (MyCC) has a new chief executive officer in Dr Mohd Khalid Abdul Samad. His appointment is effective Jan 6. Mohd Khalid said he was honored to be given the opportunity to lead the MyCC, which is in the inimitable position of …

SHAH ALAM, Jan 23 (Bernama) — Bank Muamalat Malaysia Bhd (BMMB) targets deposits to grow 200 per cent or by RM200 million by the end of its Oh Yeah! campaign on May 31 this year. Chief Operating Officer Mashitah Osman said the bank expects 60,000 new accounts by the end of the campaign period. …

KUALA LUMPUR, Jan 23 (Bernama) — IT service providers, Puncak Semangat Sdn Bhd and IBM, have teamed up to offer big data solutions to businesses and enterprises. Chairman Tuan Syed Azmin Syed Nor said the company was in a unique position to offer analytics and data driven solutions to partners …

The Boeing Maritime Surveillance Aircraft (MSA) program is ready for customer demonstration flights, having completed the baseline ground and flight testing of the aircraft mission systems. Pic: Courtesy of BoeingKUALA LUMPUR, Jan 23 ( Bernama) — The Boeing Maritime Surveillance Aircraft (MSA) …

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From Nor Baizura Basri DAVOS (Switzerland), Jan 22 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak will kick-off his first day at the 45th World Economic Forum with a message to investors that Malaysia was ready for business. Making his second appearance as Prime Minister at one of the w …

KOTA KINABALU, Jan 22 (Bernama) — The Sabah state government will step up prudent measures in its expenditures to ensure the state’s economic growth and financial stability. Chief Minister Datuk Seri Musa Aman, who is also state Finance Minister, said the proactive measures need to be un …

KUALA LUMPUR, Jan 22 (Bernama) — Boeing and Thai Airways International Public Company Limited (THAI) celebrated the Thai flag-carrier’s 75th direct delivery of a Boeing airplane. Marking the milestone delivery, Boeing and THAI collaborated to transport 1,000 wool blankets onboard THAI …

BANGI, Jan 21 (Bernama) — Malaysia is able to achieve the government’s growth forecast of between 4.5 and 5.5 per cent this year as its economic fundamentals are strong, said RAM Holdings Bhd. Its group chief executive officer, Datuk Seri Dr K. Govindan, said Najib’s assurance yest …

By Manik Mehta FRANKFURT, Jan 21 (Bernama) — Although figures of German investments in Malaysia for 2014 are yet to be finalised, its investments in Malaysia from January to September 2014 were higher than for the whole of 2013. The Malaysia Investment Development Authority (MIDA) in Franfurt …