Thursday, September 29, 2011
Oil prices fell below US$84 a barrel Wednesday in Asia ahead of U.S. economic data this week that will provide clues about the future strength of demand for crude.
Monday, September 26, 2011
The 2012 budget will see more efforts to stimulate and strengthen investments and domestic consumption, Malaysian Prime Minister Najib Tun Razak said.
Tuesday, September 20, 2011
The delivery of residential properties in Perak, Malaysia is expected to hit about 10,000 units this year, compared with 4,582 units last year.
Malaysian companies have a good chance of obtaining lucrative infrastructure deals in India, Indian infrastructure experts said on Saturday.
Wednesday, September 14, 2011
Two Chinese companies have teamed up with a Malaysian firm to venture into rubber production in Indonesia, in what is said to be a 3.5-billion-ringgit (US$1.14 billion) investment over the next five years.
Monday, September 5, 2011
Demand for commodities from China and India will remain the main pillar of support for Malaysia's exports in July as in the previous month with the export-reliant manufacturing sector continuing to feel the impact from a drop in sales of consumer electric and electronic (E&E) goods from the United States and Europe.
Monday, August 29, 2011
Total approved manufacturing investments expanded by almost 120 percent year-on-year to 16.4 billion ringgit (US$5.5 billion) in the second quarter this year, the fastest pace since the first quarter of 2008, bringing the total approvals to 28.6 billion ringgit in the first half this year, according to the Malaysian Industrial Development Authority (Mida).
Tuesday, August 23, 2011
British oil services firm Petrofac posted a forecast-beating first-half profit, boosted by its business in Malaysia, and said it was confident demand from national oil firms would continue to fuel future growth.
Thursday, August 18, 2011
Malaysian Resources Corp. Bhd. (MRCB) and Sunway Holdings Bhd. have won contracts worth 1.33 billion ringgit (US$446 million) and 569 million ringgit for the light rail transit extension of the Ampang line and Kelana Jaya line respectively from Syarikat Prasarana Negara Bhd. (SPNB).
Monday, August 8, 2011
Southeast Asia's largest budget airline AirAsia looks set for a major share swap with Malaysian Airlines in a deal to help save the struggling national flag carrier, reports said Sunday.