My Sinchew/ Business

MAHB confirms delay in KLIA2 opening

Malaysia Airports Holdings Bhd (MAHB) has confirmed the delay in the opening of the new low-cost air terminal, KLIA2, scheduled for June 28, after taking into account several key quality and safety issues.


China's coal sector hit by global competition, price slump

Chinese coal companies have seen their profit margins shrunk amid sluggish demand and an influx of cheaper coal imports, Xinhua news agency reported.


Malaysian exports to stay weak: MIDF Research

MIDF Research Sdn Bhd expects the drag on Malaysia's exports to continue to remain weak in the coming months.


March IPI down 0.2%

Malaysia's Industrial Production Index (IPI) declined by 0.2 per cent in March 2013 as compared with the same month last year.


Petronas to buy two offshore blocks in Brazil

Petronas, the national oil corporation, will buy two offshore blocks for US850 million (RM2.6 billion) with oil and gas reserves in Brazil's Campos Basin.


BN victory ensures continuation of pro-growth policy: Moody's

Barisan Nasional (BN)'s retention of government assures the continuation of Malaysia's pro-growth policy, an outcome which is credit positive, for the sovereign rating and the ratings of government-related issuers (GRIs), says Moody's Investors Service.


Ringgit closes at a 10-month high of 2.97 against dollar

The ringgit finished at a ten-month high of 2.9780/9810 against the greenback spurred by strong buying interest prompted by the positive outcome of the just-ended 13th General Election.


Malaysian stocks rally after ruling party wins

Malaysian stocks soared as much as 7.76 percent to a record high Monday as investors welcomed the ruling coalition's election victory, before profit-taking pared gains later in the session.


Most Malaysians satisfied with state of economy: Research

In a survey conducted in March for a forthcoming US-based Pew Research Centre report, 82 per cent of Malaysians are satisfied with the way things are going in the country.


Bursa to see lacklustre trading next week

Bursa Malaysia is expected to see lacklustre trading next week as most investors are likely to stay on the sidelines pending clarity on post general election policy.