Malaysians getting into debt to sustain lavish lifestyles
Source: The Star
Kuala Lumpur :: Malaysia | updated 2013-06-15 16:53:24 -0700 | business-news
Malaysians are getting themselves deeper into debt, leading to many youths and university graduates becoming bankrupts even as they enter the job market. Deputy Finance Minister Datuk Ahmad Maslan said civil servants and low-income earners were having bigger household and...
Leslie Lau: ‘We left Malaysian Insider because of disagreement over company direction'
Source: The Star
Petaling Jaya :: Malaysia | updated 2013-06-15 07:28:25 -0700 | business-news
Contrary to speculation, the majority of staff at news portal The Malaysian Insider did not walk out on Friday, said its former executive editor Leslie Lau on Saturday. Lau took to Twitter earlier Saturday to explain that his plans, and...
Lower car prices because of pre-festive promotions
Source: The Star
Petaling Jaya :: Malaysia | updated 2013-06-14 16:46:32 -0700 | business-news
There is no slash in car prices per se , with manufacturers explaining that pre-festive promotions and stock-clearing are being conducted. Responding to reports of a reduction in certain car prices, several firms said models with lower specifications were being...
Asia's Week: When Hot Money Cools Too Fast
Source: Forbes
Kuala Lumpur :: Malaysia | updated 2013-06-14 16:37:44 -0700 | business-news
Southeast Asian stock markets and currencies can go down, too...In general, emerging markets have been spooked by the talk that the U.S. Federal Reserve will begin to walk back its massive monetary easing that has opened up the gates to...
CBI action soon on Maran's role in Aircel-Maxis deal
Source: India Abroad
Kuala Lumpur :: Malaysia | updated 2013-06-14 01:07:54 -0700 | business-news
The CBI had registered a case against former telecom minister Dayanidhi Maran, his brother MP Kalanithi Maran, Malaysian business tycoon and Maxis owner T Ananda Krishnan, and Maxis Director Ralph Marshall in October 2011. It had also named Sun Direct,...
Indonesia hikes interest rates as nations scramble over market rout
Source: The Globe & Mail
Kuala Lumpur :: Malaysia | updated 2013-06-13 05:03:26 -0700 | business-news
A man is reflected on an electronic monitor displaying share prices outside a brokerage in Tokyo July 9, 2012. Japan's Nikkei share average fell back below the psychologically important 9,000 level on Monday morning as worries about faltering global growth...
Rise in Electronics Consumption in Asia-Pacific Drives the E-Waste Recycling Market, Finds Frost & ...
Source: PR Newswire
Kuala Lumpur :: Malaysia | updated 2013-06-13 00:06:39 -0700 | business-news
The rapid industrialization and advancements in technology have led to the accumulation of electrical and electronic waste in , compelling governments to pass regulations mandating e-waste recycling. Apart from government impetus, the market has got a boost from the increasing...
Sabah first to spearhead biomass business model
Source: The Star
Tawau :: Malaysia | updated 2013-06-12 17:52:33 -0700 | business-news
Sabah is set to become the first state to showcase a business model involving biomass. Chief Minister Datuk Seri Musa Aman commended the companies involved in a joint-venture that supply biomass products to support long-term investment in downstream manufacturing for...
Export slowdown threatens emerging Asia's credit-fuelled boom
Source: Turks and Caicos Free Press
Kuala Lumpur :: Malaysia | updated 2013-06-12 10:36:00 -0700 | business-news
New trucks manufactured by Chinese automaker Chery are parked before being loading for export, next to a ship at a port in Lianyungang, Jiangsu province June 2, 2013. A deepening slump in exports is sending tremors through Asia , threatening...
Frugality: Success mantra of the new Tata boss
Source: India Abroad
Kuala Lumpur :: Malaysia | updated 2013-06-11 05:51:06 -0700 | business-news
In his first five months on the job, Mistry has ordered his CEOs to tighten spending, and replaced oversight structures to give him greater influence over the running of the more than 100 group companies...This month Tata Steel announced a...
Malaysia's CIMB to acquire 60% stake in SMC's Bank of Commerce
Source: GMA News
Kuala Lumpur :: Malaysia | updated 2013-06-11 09:08:11 -0700 | business-news
At the sidelines of SMC's annual stockholder meeting, chief operating officer Ramon S...SMC acquired a 51-percent stake in the bank in 2009, followed two years later by San Miguel Properties Inc. buying an additional 7.16-percent stake. As of end-2012, the...
Myanmar Airlines cut fares to bring citizens home from Malaysia
Source: The Hindu
Kuala Lumpur :: Malaysia | updated 2013-06-10 23:13:34 -0700 | business-news
Clashes between overseas Myanmar Buddhist and Rohingya communities resulted in up to six deaths last week and hundreds of arrests, according to sources in Malaysia. Myanmar's national airline will halve ticket prices for workers who want to return from Malaysia...
Petronas to spend $5 billion on Canadian LNG project -executive
Source: Turks and Caicos Free Press
Kuala Lumpur :: Malaysia | updated 2013-06-10 20:16:40 -0700 | business-news
Malaysian state oil and gas firm Petronas expects to spend $5 billion on a project in west Canada to export liquefied natural gas (LNG), a senior company official said on Tuesday. The project, known as Pacific NorthWest LNG , will...
QIB awarded Islamic Bank of the...
Source: Qatar English Daily
Kuala Lumpur :: Malaysia | updated 2013-06-10 15:00:42 -0700 | business-news
Qatar's leading Islamic financial institution Qatar Islamic Bank (QIB) has been awarded the title of Islamic Bank of the Year, Qatar 2013 by The Banker magazine. The award is yet another accolade given to the bank, based on performance and...
All matters on AirAsia's India operations resolved: Ajit
Source: India Abroad
Kuala Lumpur :: Malaysia | updated 2013-06-10 08:34:37 -0700 | business-news
The proposal has been sent to the Union Home Ministry for security clearance," Singh said. "Once the Home Ministry nod comes, Civil Aviation Ministry will give its clearance," the Minister said in response to questions. AirAsia had in late February...
Cartoons of The Day
People In The News
Build Your Allvoices Brand. Gain Influence. Make Money.
News From Hot Locations
