en-my-hotdailynews: 2014-11-29 Malaysia Business

Petronas Q3 net profit 12% down due to lower oil prices
The Star Online
PETROLIAM Nasional Bhd (Petronas) president and chief executive Tan Sri Shamsul Azhar Abbas' presage has materialised as the oil major's top and bottom line took a beating for its third quarter ended Sept 30 in tandem with crude oil prices that fell some ...

Petronas warns of LOWER DIVIDENDS amid plunging global oil prices   Malaysia Chronicle
RM15b Q3 profit   Yahoo Malaysia News
Petronas Considers Cutting Capex For New Projects Next Year   Bernama
MarketWatch
Malay Mail Online
all 35 news articles »

3 to 4 sen drop expected in Malaysia petrol prices
AsiaOne
KUALA LUMPUR - With fuel subsidies to be removed from Monday, the fall in global oil prices to a four-year low has consumers in the country hoping for a drop not only in fuel prices but also in transportation charges, making for cheaper goods and services.
Three to four sen drop expected in petrol prices   The Star Online
'RON95 price likely to fall by 3-4 sen a litre'   The Borneo Post
Fuel subsidy removal 'brilliant' move OR political opportunism: What when oil ...   Malaysia Chronicle
Malay Mail Online
The Malaysian Insider
Free Malaysia Today
all 16 news articles »

Malaysia Airlines sorry for 'insensitive' tweets
Irish Examiner
Malaysia Airlines has said its loss widened in the last quarter, and was forced to apologise for a promotional tweet deemed insensitive after two deadly passenger jet disasters this year. In its last public financial result before a planned privatisation and ...

Malaysia Airlines' 'insensitive' tweet   Stuff.co.nz
In a Twitter Post, Malaysia Airlines Sends the Wrong Message   New York Times
Khazanah says MAS recovery plan on track   Free Malaysia Today
The Malaysian Insider
The Star Online
TODAYonline
all 216 news articles »

MAHB: stuck on stupid – Justice Demon
The Malaysian Insider
The recent Public Accounts Committee (PAC) report on klia2, after a painstaking investigation for more than a year, has highlighted many key weaknesses on the part of Malaysia Airports Holdings Bhd (MAHB). Among the notable ones are: failure to prioritise ...

MAHB to issue certificate of completion for Kuala Lumpur Airport by end of the year   Airport Technology
MAHB to upgrade KLIA2 facilities at its own cost   The Malaysian Reserve
KLIA2 Enhancement Cost Won't Be Passed On To Airlines   malaysiandigest.com
The Sun Daily
New Straits Times Online
all 16 news articles »

Prasarana wins Makkah metro consultancy contract
Railway Gazette International
SAUDI ARABIA: Metro project promoter Makkah Mass Rail Transit Co has selected Kuala Lumpur transport agency Prasarana to provide consultancy services during Phase 1 of the Makkah Public Transport Programme. Phase 1 covers the construction of two ...

Prasarana is 'shadow operator' for phase 1 of Makkah Metro   The Malaysian Reserve
Prasarana secures Mecca Metro rail contract   Yahoo Malaysia News

all 8 news articles »

Maybank Research cuts FGV forecast on lower CPO price
The Star Online
KUALA LUMPUR: Maybank Kim Eng Research is cutting its forecasts for Felda Global Ventures Holdings Bhd on lower 2014 crude palm oil average selling price assumption of RM2,430 per tonne. It had on Friday cut its financial year ending Dec 31, 2014 to ...

Trading losses drag FGV into the red   Astro Awani
Kenanga maintains 'market perform' on FGV   New Straits Times Online
FGVH declares RM9.3m net loss for 3Q14 despite record revenue of RM4.3b   The Malaysian Reserve
malaysiandigest.com
The Sun Daily
all 12 news articles »

Dealer: Bank Negara's intervention likely to maintain short-term rates in money ...
Malay Mail Online
Bank Negara Malaysia's logo is seen displayed on a glass door. — AFP picKUALA LUMPUR, Nov 29 — Short-term rates are expected to remain stable next week on Bank Negara Malaysia's (BNM) intervention in the money market to absorb surplus liquidity, ...

Broad money grew by 5.4 pct in October due to credit extension — BNM   The Borneo Post
Short-term rates close stable on BNM's intervention   New Straits Times Online
Malaysia's Reserves Remain Usable And Unencumbered: Bank Negara   Bernama
The Malaysian Reserve
malaysiandigest.com
all 20 news articles »

Sime: CPO price resilient
The Star Online
Mohd Bakke: 'Palm oil is still the best of all the edible oils in terms of price, land utilisation and many other factors.' KUALA LUMPUR: Sime Darby Bhd expects crude palm oil (CPO) prices to trade between RM2,200 and RM2,500 a tonne up to June 2015, ...

Sime Darby expects CPO to hover between RM2,200 & RM2,500 per tonne   Malay Mail Online
Sime Darby CEO says considering autos unit IPO mid-2015   Reuters
Sime Q1 Pre-tax Profit Increases To RM674.92 Million   Bernama
THE BUSINESS TIMES
Business Recorder
Reuters Africa
all 29 news articles »

'DRB-HICOM net profit in line with consensus'
New Straits Times Online
DRB-HICOM Bhd's core net profit of RM41 million for the second quarter of financial year 2015 was broadly in line with consensus numbers, said AmResearch Sdn Bhd. However, AmResearch said the effective tax rate was at 29 per cent versus its projected ...

DRB-HICOM gets SC nod to issue RM2b sukuk   Malay Mail Online
AmResearch retains Buy on DRB-Hicom with FV of RM3.60   The Star Online

all 8 news articles »

Kronologi eyes RM17.18m from IPO
Astro Awani
Kronologi Asia aims to raise RM17.18 million from its initial public offering (IPO) on the ace market of Bursa Malaysia, with an expected listing date on December 15th. The Singapore-based company which specialises in enterprise data management (EDM), ...

Kronologi to raise RM17m for expansion   The Malaysian Reserve
Kronologi to raise RM17m from IPO   The Sun Daily
Kronologi to use listing proceeds for expansion   New Straits Times Online
The Borneo Post
all 10 news articles »

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