Pos Msia appoints Khalid as new CEO
KUALA LUMPUR: Former group director, corporate planning of DRB-HICOM Bhd, Datuk Khalid Abdol Rahman has been appointed as the group chief executive officer of Pos Malaysia Bhd, effective Jan 1, 2012……
Public Mutual declares distributions for funds
KUALA LUMPUR: Public Banks wholly-owned subsidiary, Public Mutual, declares distributions totaling more than RM191mil for five of its funds……
Upward momentum likely to continue
Making ringgit and sense in property investments
MAKING sensible property investment decisions, especially in the Klang Valley, is getting tougher in todays climate where real estate values are constantly spiralling upwards……
Asian demand keeps market growing amid economic uncertainty
PEOPLE sometimes wonder whether the luxury watch market is somewhat affected by the current global market uncertainty, with the rich also beginning to tighten their spending……
AME Festival opens for delegate registration
THE 2012 Asian Marketing Effectiveness Festival is now open for delegate registrations……
Prashant Kumar takes on regional role
PRASHANT Kumar, chief executive officer of IPG Mediabrands in Malaysia, will assume the role of regional president (world markets Asia)……
Singapore stamp duty a blessing?
Singapore increasing its stamp duty seemsto be a boon for other property markets inthe region as buyers look out of Singaporefor more competitively priced properties……
When old should be bold
Errol Oh questions why some old listed companies should remain sanguine intodays fast-paced business world……
A new years field of wishes
Tan Thiam Hock hopes for a responsible andjust society as he looks towards 2012……
Urbanising Malaysia calls for the adoption of smart-growth principles
Abdul Rahim Rahman looks at the propertymarket in and around KL, anlyses whats indemand and in supply, and stresses on theimportance of sustainable development……
Property market welcomes new group of buyers
Thean Lee Cheng wonders how willBank Negaras new guidelines, aimed atcurbing household debt, affect youngbuyers flocking the property market……
MPHs December bestsellers
Compiled by THEAN LEE CHENG…..
Petroplus gets provisional financing, shuts French plant
PARIS: Embattled Swiss-based oil refiner Petroplus has obtained provisional financing from its lenders, sources close to the matter said, even as the debt-laden group prepared to shut down its French refinery as crude oil supplies dwindled……
Deutsche Telekom in US$95m US bribery settlement
NEW YORK: German phone company Deutsche Telekom AG and a Hungarian unit will pay more than US$95mil to settle US criminal and civil probes into the bribery of government officials in Macedonia and Montenegro……
Thai GDP forecast in doubt
BANGKOK: Thai exports fell 13.1% in November from a year before after severe floods forced hundreds of factories to close and the central bank said even its sharply reduced GDP growth forecast was in doubt as a result. …..
Premier Lee says maintaining price stability among its priorities
SINGAPORE: The Monetary Authority of Singapore (MAS) is bracing to thrive in a more competitive world following the underlying problems inflicting the global economy indebtedness and imbalances that remain unresolved, in particular, in Europe……
China car rules will discourage foreign firms
BEIJING: Chinas decision to withdraw support for foreign investment in its car sector is unlikely to see global firms leave the country but will make it harder for new carmakers to enter, analysts say……
India April-November deficit at US$66b
NEW DELHI: Indias fiscal deficit during April to November was 3.53 trillion rupees (US$66.3bil), or 85.6% of the full-year target, according to government data……
Hungary central bank hits out at new bills
BUDAPEST: Hungarys new central bank bill and another legislation which will allow the merger of the bank with the financial regulator seriously violate the countrys interests and allow government influence over central bank decision making, accordi…..
Taiwan, Hong Kong sign new aviation deal
TAIPEI: Taiwan and Hong Kong signed a new aviation agreement to add more flights between the two and boost trade and tourism……
Tough to predict how 2012 will turn out
AT any given time, its tough to foresee how the next 12 months will pan out. But right now, it may be especially hard to construct a reasonably clear picture of the global economy in 2012. And by extension, we have trouble figuring out the direction…..
Ability to win out there
Datuk seri idris jala urgesmalaysian companies to use thedomestic market as a launchingpad and then look beyond ourshores……
In golf lies our end
Tan sri mohd sidek hassan believesthat when our grip on good valuesis the basis to our being, then ourdelivery will be consistently good inall aspects of our lives……
2011: Annus horribilis
Tan sri lin see-yan predicts thatthings are likely to become moreunsettling in 2012 before they getbetter……
Heres to the CRAZY ONES
Roshan thiran celebrates theheretic, who sees a truth thatcontradicts conventional wisdomand yet remains loyal to theorganisation and the truth……
Deals of the Year
Should Malaysias renewable energy target be more ambitious?
Leong Hung Yee, writer…..
Can the financial sector contribute 10%-12% to the economy by 2020?
Yap Leng Kuen, associate editor…..
Will the slowdown in property prices continue?
Thean Lee Cheng, assistant news editor…..
Will Malaysias own sustainable palm oil standards gain acceptance?
Hanim Adnan, deputy news editor…..
Will the MAS-AirAsia collaboration take off?
B.K. Sidhu, deputy news editor…..
Should Proton Holdings Bhd go to DRB-HICOM Bhd?
Jagdev Singh Sidhu, deputy news editor…..
Will we start paying GST next year?
Errol Oh, executive editor…..
Will the Competition Act be a game changer?
Cecilia Kok, writer…..
Will the Government divest more assets?
Risen Jayaseelan, business editor (news)…..
Should Corporate Malaysia give less to charity?
Soo Ewe Jin, deputy executive editor…..
Five key risks for next year
Deepening growth concern, weak sovereign and banking sector balance sheets, and inflation are among the worries……
Volatility is the word
Volatility will continue to be thename of the game for the stockmarket in 2012……
Time of cautious opportunity
There may be more possibilities for Malaysian banking groups to expand locally and abroad……
Property sector to correct
The steep increases seen in the last two years expected to sputter to a halt on weak global sentiment…..
Builders cautiously optimistic
The sectors growth will hinge on timely implementation of announced mega infrastructure projects……
Another test of resilience
Analysts and industry players, however, are generally bullish on commodities despite global uncertainties……
Clearer skies for Asian carriers
Although IATA predicts a gloomy year for air travel, it expects Asia will be an exception…..
The reign of broadband
Affordability of Internet access and device price point will be among the growth drivers of the telecommunications sector…..
Growth momentum of sukuk and bonds poised to continue
WHILE there are clouds of uncertainty looming over the global economy, the Malaysian bond market is expected to remain bullish next year, fuelled by the expected implementation of infrastructure projects……
Ad market bucks the trend
The industry is expected to outpace global economic growth despite the eurozone and US woes…..
Our take on those who made the news in 2011 and those who will count in 2012