Ex-U Mobile CEO Heerjee is Aircels COO
NEW DELHI: Maxis-owned Aircel, Indias fifth largest mobile phone company, will appoint Dr Kaizad Heerjee as its chief operations officer next week, as part of a major restructuring exercise……
ETCM: Lower excise duties will hurt automotive industry
KUALA LUMPUR: Edaran Tan Chong Motor Sdn Bhd (ETCM), a wholly-owned unit of Tan Chong Motors Holdings Bhd, says the proposal to bring down car prices and excise duties will have a negative impact on the industry……
Tadmax in timber joint venture
KUALA LUMPUR: Tadmax Resources Bhd has entered into a conditional joint venture (JV) agreement with four companies for the construction of an integrated timber complex in Indonesia……
UDA resort in Pekan to be ready in 2013
KUALA LUMPUR: The construction of a 4-star resort costing RM80mil in Pekan, Pahang, is expected to be completed by the second quarter next year……
Emico plans to sell land for RM8.6mil
KUALA LUMPUR: Emico Holdings Bhds wholly-owned subsidiary, Emico Development Sdn Bhd, has proposed to sell land to TH Mutiara Sdn Bhd for RM8.6mil……
Pinehill disposes Kuala Lumpur land
KUALA LUMPUR: Pinehill Pacific Bhd, through Pinehill Plantations (M) Sdn Bhd, will dispose of two parcels of freehold land to Tungling Corp Sdn Bhd for RM16.68mil……
Dual listings make region more attractive
SINGAPORE: Dual listings can enhance the regions attraction as a capital bloc to rival Hong Kong, China and India, says Frost and Sullivan vice-president for Asia-Pacific business financial services, Sanjay Singh……
Counter to attend to SOBA enquiries will open on Tuesday
PETALING JAYA: To assist companies that are taking part in The Star Business Awards (SOBA), The Star will set up a counter on Tuesday to attend to enquiries from participants as well as give out submission packs to those who need them……
Spotlight on pilot graduates
The unemployed flying school graduatesissue has been thrust into the spotlightfor a while now and it certainly hascaught the attention of many in the country……
Datasonic eyes ops expansion, overseas venture
WHILE the MyKad has been the sole identification document that every Malaysian possesses, not many may know the people, behind Datasonic Group Bhds new and improved MyKad……
CIMB transforms from a strong investment bank to universal bank across South-East Asia
IT was a year and a half ago, when CIMB Group Holdings Bhds grand plan to position itself as an Asean bank was well under way, the banks influential chief executive was summoned to Bank Negara……
Nazir talks about CIMB as a regional bank
CIMB Group Holdings Bhd has done what it intended to do in growing its Asean franchise. There are a few small pieces to fill in the overall jigsaw but group chief executive Datuk Seri Nazir Razak ( pic ) feels the pieces are in place for the group to…..
Latest CIMB buy is Bank of Commerce in the Philippines
FOR a region made up of 10 economies, close to 600 million people and a total gross domestic product of some RM6 trillion, Asean can be quite a force to be reckoned with……
ETP drives demand for luxury condominiums
THE various initiatives announced under the Economic Transformation Programme (ETP) is said to be attracting investment opportunities into the country and in turn, boosting the demand for luxury condominiums in Malaysia……
Penthouses of St Mary Residences will be sold with the option of owning a Lamborghini
In what may well be the first time a developer collaborates with a car company in order to sell a property, both being big ticket items, the flavour of this partnership between Eastern & Oriental Bhd (E&O) and Lamborghini has an intoxicating whiff of…..
Universal McCann owes its successes to unorthodox business strategies
MEDIA specialist firm Universal McCann (UM), which bagged its third consecutive Agency of the Year accolade at the recent Malaysian Media Awards (MMA), can probably attribute the multiple successes it has had to its unorthodox business strategies……
Positive views on second-half adex
DESPITE the relatively flat advertising expenditure growth in the first half of this year, IPG Mediabrands Malaysia chief executive officer Prashant Kumar is optimistic that growth will pick up in the second half of the year……
Snapshots
Compiled by THEAN LEE CHENG…..
Concerns over China to cloud outlook
THIS weeks run of economic data does not look like things will be perking up any time soon for the global economy. In fact, the numbers have come in slightly worse than expected and are clearly showing that if there is any growth this year, it will …..
Pos cruising without close rivals
Analyst Reports…..
Listless, downside bias market in sight
REVIEW: Over the week, Bursa Malaysia traded in a somewhat uninspiring fashion as the Olympics Games in London commenced to command the attention of the world……
Rivers flowing with management sense
Errol Oh reveals how a NBA coach Doc Rivers can offer some management wisdom……
Excitement over landmark project
Chun Wai writes about how the British government is hoping to attract moreinvestments such as the Battersea project which involves a Malaysian consortium……
Do stock markets serve investors?
Andrew Sheng says the Asian stock markets,investors and financial regulators can learnvaluable lessons from Prof John Kaysreport……
Suffering reduced car taxes
P Gunasegaram argues that reducing cartaxes may bring some pain at first but thereis much more to gain over the long term……
Seven habits that lead to success
Joan Hoi describes how the late StevenCoveys ideas have impacted her workinglife……
What Robert Kiyosaki didnt tell you
Yap Ming Hui reveals in his financial co lumnwhat financial author Robert Kiyosaki didnttell you……
Promoting your business
IF youre starting a new business or have just set up one, then you need to get the word out on what you do as quickly and effectively as possible……
RBS quarterly losses narrow
LONDON: Net losses at Royal Bank of Scotland (RBS) narrowed in the second quarter, the state-rescued lender said, as it awaited the financial consequences of its role in the Libor rate-rigging scandal……
Indian banks eye move to screen-based rates for Mibor
MUMBAI: Indian banks are likely to move to actual dealt rates on a trading platform to determine overnight interbank lending rates, as regulators worldwide push for more transparent systems in the wake of the Libor scandal, officials close to the pla…..
BHP chief exec forfeits bonus
SYDNEY: BHP Billiton chief executive Marius Kloppers will give up a bonus potentially worth millions of dollars after the worlds biggest miner said it was taking US$3.3bil in writedowns due to plunging commodities prices……
SilkAir places US$4.9bil order with Boeing
SINGAPORE: SilkAir, the regional wing of Singapore Airlines (SIA), said it would buy 54 new Boeing planes in a deal worth US$4.9bil, with an option to buy a further 14 aircraft……
Eurozone private sector activity contracts
BRUSSELS: Eurozone private sector activity contracted for the 10th time in 11 months in July, with data now consistently showing the downturn becoming entrenched in Germany, a key survey shows……
Failed bank Dexia posts 1.2bil euros first-half loss
PARIS: Failed Franco-Belgian banking group Dexia reported a 1.2-billion-euro loss in the first half of 2012 linked mainly to interest payments on state bailouts from France, Belgium and Luxembourg……
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