My Sinchew/ Business

AmResearch reiterates overweight on O&G

AmResearch has maintained an "overweight" call on the oil and gas sector with "buy" calls for SapuraKencana Petroleum, Bumi Armada, Petronas Gas and Alam Maritim Resources, at a fair value of RM5.70, RM4.52, RM24.30 and RM1.80, respectively.

Inflation to remain above 3% this year: economists

Economists expect short-term inflation to remain at above three per cent for the rest of the year in the view of further subsidy rationalisation exercise.

GST for houses below RM400,000 should be zero-rated: REHDA

Over the last decade prices of residential properties have escalated beyond the affordability of the average wage earner and it seems there is nothing to stop the prices from rising further.

Maintain GST at 6% at outset: ACCCIM

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has urged the government to maintain the Goods and Services Tax (GST) at six per cent for between three and five years at the outset.

Expand business, investment in China, ACCCIM urged

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has been urged to capitalise on opportunities to expand business and investment in China.

No need to fear AEC: Mustapa

Malaysians should not be worried about the Asean Economic Community 2015 (AEC 2015) as its implementation is more towards benefitting the country and all liberalising measures are not done abruptly.

July CPI up 3.2%

The Consumer Price Index (CPI) increased 3.2 per cent to 110.3 in July 2014 compared with 106.9 in the corresponding month of last year, the Statistics Department said.

Mixed views on auto sector in H2

There are mixed views on how the automotive sector would perform in the second half of 2014.

MAS still has a future: Idris

Minister in the Prime Minister's Department Tan Sri Idris Jala believes Malaysia Airlines (MAS) has a future - if it gets over the current turbulence.

MAS must emerge leaner after restructuring: Rafidah Aziz

Former International Trade and Industry Minister Tan Sri Rafidah Aziz says this is the right time to re-strategise, reorganise and restructure Malaysia Airlines (MAS) via its delisting and complete takeover of the ailing carrier by Khazanah Nasional Bhd.