My Sinchew/ Business

Banking services not spared by GST

Banking services will be subjected when GST is implemented in the country beginning April 1 next year.

Auto sector likely to soften in H1

Automotive players are expected to introduce new and enhanced versions of existing models next year, including energy-efficient vehicles (EEVs) at very competitive prices.

Proton ready to collaborate on Asean car project

Malaysian carmaker Proton Holdings Bhd says it is ready to collaborate in the Asean car project

Asia Pacific moving ahead with regional economic integration

The many free trade agreements and talks in the Asia Pacific will be in the spotlight in the coming year as breakthroughs or at least major progress are expected for some of them.

Construction sector to remain attractive next year

The construction sector is expected to remain attractive next year amid a weaker domestic currency due to lower demand for commodities and the general public apprehension over the Goods and Services Tax (GST).

Local shares to stage further rebound next week

Shares on Bursa Malaysia are likely to stage a further rebound next week, driven by a dovish US Federal Open Market Committee (FOMC) statement and positive global economic data.

Fall in oil prices will have positive effects on traders' input costs -- Abdul Wahid

The fall in global oil prices will have positive effects on traders because their input costs will be reduced, said Minister in the Prime Minister's Department, Datuk Seri Abdul Wahid Omar.

Impact of declining ringgit, coal prices on TNB unsure

National utility company Tenaga Nasional Bhd (TNB) is unsure of the impact of a weakening ringgit and declining coal prices on its future earnings.

Genting unit fails in NY casino proposal

Genting Malaysia Bhd announced that its indirect wholly-owned subsidiary RW Orange Country LLC has not been successful in its applications for the selection process for development and operation of a gaming facility in New York.

Nov CPI up 3%

The Consumer Price Index (CPI) increased by three per cent to 111.9 in November 2014 compared with 108.6 in the same month last year, the Statistics Department said.