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Petronas net profit slips to RM15.3b in Q2 26 Aug 2013 | 10:59 pm

PETROLIAM Nasional Bhd (Petronas) posted a slight drop in net profit to RM15.26 billion in the second quarter ended June 30 2013, versus RM15.4 billion in the same period last year. This was achieved...

ECER attracts RM50.3b investments in 5 years 26 Aug 2013 | 10:36 pm

"For this year alone, ECER has attracted some RM25 billion investments to date, surpassing our investment target of RM15 billion for 2013," said CEO Datuk Jebasingam Issace John at a media briefing he...

Race for pole position 25 Aug 2013 | 10:38 pm

Proton may have staged a fightback but analysts feel it needs something "more spectacular" to dislodge Perodua from the top of car sales chart. The launch of the lower-priced S-Series models (across ...

‘Iskandar intra-city rail line plan scrapped’ 25 Aug 2013 | 08:57 pm

This is because the government wants to focus on the high-speed rail system linking Kuala Lumpur and Singapore, which will likely have a stop in Iskandar Malaysia, and the Rapid Transit System from Jo...

EPF to raise members’ basic savings level 22 Aug 2013 | 11:22 pm

The new quantum will be equivalent to RM820 a month for 20 years from age 55 to 75. The current basic savings amount, which was set in 2008, is RM120,000 at the age of 55. "The new rates are benchma...

Maritime sector income set to hit RM70b 22 Aug 2013 | 11:22 pm

Malaysia's maritime sector is expected to hit an income of RM70 billion and profit of RM19 billion, and create 55,000 jobs by 2020. Prime Minister Datuk Seri Najib Razak said by that time, the sector...

RCEP a boon to Asean trade pacts 20 Aug 2013 | 08:05 pm

Malaysia, as a member of the Asean Plus 1 FTAs, is already implementing various commitments through liberalisation of import tariffs, services and investment. The RCEP is seen as the next step that w...

Privatisation ‘good’ for MAS 18 Aug 2013 | 08:18 pm

Former prime minister Tun Dr Mahathir Mohamad is supportive of the proposed privatisation of Malaysian Airline System Bhd (MAS) as he believes that it would help the national carrier become a more pro...

Lukman’s back as Proton deputy CEO 18 Aug 2013 | 08:06 pm

Lukman, who abruptly resigned on July 29 to pursue his own interests, made the U-turn and assumed the same post after being advised by "several parties". "I decided to come back after listening to ad...

MAS situation worse than thought, says union 16 Aug 2013 | 08:49 pm

National Union of Flight Attendants Malaysia (Nufam) has alleged that "things at MAS have taken a turn for the worse under the current management". "Most of us in this union have been part of MAS for...

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