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Genting Group tops list of cash-rich companies

A healthy cash position is an important indicator to evaluate whether a company’s financials are sound to withstand any unforeseen shocks. (14-0)

Bintulu’s strategic location and multipurpose ports a plus for Malaysia’s economic growth

2017-12-27 scmp
The multipurpose Samalaju Industrial Port is the shipping hub for heavy industries in the Sarawak Corridor of Renewable Energy

Chief Secretary insists 1.6 million civil servants not too many

2017-04-21 themalaymailonline
Ali said not all countries consider their security forces, education and health workers as civil servants like Malaysia. — Picture by Yusof Mat IsaKUCHING, April 21 ― Malaysia's public work force of 1.6 million is the appropriate size for the country, Chief Secretary to the Government Tan Sri Dr Ali Hamsa said today.

Bintulu Port wins jobs from oil majors

KUCHING: Bintulu Port Holdings Bhd (BPHB) has secured contracts from major oil and gas (O&G) companies as the company expands its port business to provide base support services for the O&G industry.

KLCI reverses loss, edges up 0.2%

2016-12-29 theedgemarkets
KUALA LUMPUR (Dec 29): The FBM KLCI reversed its earlier losses at the midday break and edged up 0.2% on some mild window-dressing activities.

Index-linked banking stocks keep KLCI in the red

2016-12-29 theedgemarkets
KUALA LUMPUR (Dec 29): The FBM KLCI remained in negative zone as index-linked banking stocks weighed on the benchmark index in line with the retreat at regional markets.

KLCI remains in the red on persistent selling

2016-11-30 theedgemarkets
KUALA LUMPUR (Nov 30): The FBM KLCI remained in negative territory as selling persisted amidst tepid investor sentiment, despite the uptrend at regional markets.

KLCI sinks into negative zone on lack of catalysts

2016-11-30 theedgemarkets
KUALA LUMPUR (Nov 30): The FBM KLCI sunk into the negative zone at mid-morning as decliners overtook advancers, and the local market sentiment stayed wary with lack of fresh catalysts.

KLCI trends south as sentiment remains wary

2016-11-29 theedgemarkets
KUALA LUMPUR (Nov 29): The FBM KLCI dipped at the midday break today, as sentiment at the local market soured in line with regional bourses.

Top foreign and local stories

Energy Brent Crude was up 1.22% to US$47.43 per barrel at 5:02pm. Forex Ringgit down 0.03% to 4.4198 versus the US dollar at 4.32pm. Top foreign stories Symantec to acquire LifeLock for US$2.3b: Symantec Corp said it would acquire US identity theft protection services company LifeLock Inc for US$2.3 billion, in a deal that it hopes will prop up sales at its Norton cybersecurity unit. - Reuters Citi and JPMorgan top list of globally systemic banks: Citi joined JPMorgan as the world's most systemically important banks, replacing HSBC in a group of 30 lenders who must hold extra capital from 2019 to preserve financial stability.

Telcos, select blue chips weigh down KLCI

2016-10-25 theedgemarkets
KUALA LUMPUR (Oct 25): The FBM KLCI remained in negative territory at the midday break today, weighed by telecommunication stocks and select blue chips.

KLCI remains under pressure in line with regional retreat

2016-10-17 theedgemarkets
KUALA LUMPUR (Oct 17): The FBM KLCI remained under pressure at the midday break today in line with the retreat at most regional markets.

Bintulu Port's 2Q net profit rises 44% on construction of Samalaju Industrial Port

2016-08-26 theedgemarkets
KUALA LUMPUR (Aug 26): Bintulu Port Holdings Bhd’s net profit in the second quarter of its fiscal year ending Dec 31, 2016 (2QFY16) soared to RM29.94 million, up 43.8% from the previous year’s RM20.82 million.

Bintulu Port Holdings’ profit rises 43.8%

Tags / Keywords: Corporate News , Oil & Gas , Bintulu Port Holdings Bhd , Shipping

KLCI rises 0.41% in line with global rebound

2016-06-29 theedgemarkets
KUALA LUMPUR (June 29): The FBM KLCI rose 0.41% at the midday break today in line with the global rebound at most equity markets on some bargain hunting activity after the rout since last Friday (June 24) following Britain's shock vote to leave the European Union.