26 January 2020, Sunday | 04:39am

Business

KL shares in the red after mild profit taking

KUALA LUMPUR, April 9 — Shares on Bursa Malaysia were lower in early trade today, after failing to sustain earlier gains on mild profit-taking in the telecommunication sector.

PDP model ideal for Pan Borneo

KUCHING: The project delivery partner (PDP) model chosen for the implementation of the Pan Borneo Highway project is ideal, as it ensures efficiency, accountability and transparency in the p

Bank Pembangunan appoints new president, group CEO

PETALING JAYA: Bank Pembangunan Malaysia Bhd (BPMB) has appointed Arshad Mohamed Ismail (pix) as its president/group CEO, effective April 8, 2019.

More upside for Malaysia Airports as Firefly resumes Subang-Singapore flights

KUALA LUMPUR: MIDF Research believes that Malaysia Airports Holdings Bhd (MAHB) will maintain its upward trajectory especially in terms of passenger growth amidst the relaxation of visa policies for Chinese and Indian nationals visiting Malaysia.

Malaysia's economy to experience moderate growth

KUALA LUMPUR: The Malaysian economy is expected to experience moderate growth this year, due to challenging external factors.

EPF credited RM9.51m in govt incentive into i-Suri scheme last year

KUALA LUMPUR, April 5 — The Employees Provident Fund (EPF) has credited the government-approved incentive payment totalling RM9.51 million to the accounts of

Scomi shares jump 76.9% after settlement with Prasarana

PETALING JAYA: Scomi Group Bhd’s share price jumped 76.92% or 5 sen in the early session today, following the group’s settlement agreement with Prasarana Malaysia Bhd.

Finance Ministry unit fined RM18m for infringing Bank Negara conditions

KUALA LUMPUR, April 5 — Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Ministry of Finance which carried out two petrochemical and gas pipeline projects worth RM9.4 billion was today fined RM18 million by the Sessions Court here today for failing to comply with Bank Negara Malaysia conditions.

TNB promotes energy efficiency

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is launching a campaign to promote Energy Efficiency (EE) with the intention to remind and educate Malaysians on the significance of environmental sustainability through power saving.

Malaysia's national debt declines following rise in GDP

KUALA LUMPUR, April 4 (Bernama) -- The percentage of national debt has declined following the rise in the country’s Gross Domestic Product (GDP) and the settlement of some loans, said Prime