Archive for Business News
Hong Leong group aims to increase online banking customers to 480,000
August 17th, 2011
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AirAsia sets to compete with MAS by ordering 200 A320s
July 7th, 2011
Hot off the heels of the recent announcement that national carrier Malaysia Airlines and their purchase of 10 new Boeings, budget carrier Air Asia too make a similar announcement which will surely make everyone sit up and take notice.
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Consumer stocks among better performers for first 6 months
July 7th, 2011
It is reported that from January to June, the gainers list of the country’s share market are widely dominated by consumer counters and this is due to their relatively high-priced stocks where the maker of electrical goods, Panasonic closed he highest at RM234.32 on June 30 with an RM5.82 jump. For its financial year ending March 31, Panasonic reported a higher net profit of RM82.7 million. Last year, it closed at RM64.9 million.
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Glomac releases 20% increase for net profit for Quarter 4
June 24th, 2011
Property developer Glomac Berhad recently announced an increase of 20% in their net profit earnings for Quarter 4 for their financial year ending April 20, 2011. This is constituted with a figure of RM15.05million from the previous RM12.56million.
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