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Scandal shakes faith in accounting Big Four
One insider says PricewaterhouseCoopers was as shocked as anyone at the admission of years of financial deception at Satyam Computer ServicesWCT: We'll stay the course
Here is an excerpt of an interview with WCT executive director Loh Siew Choh, who allays concerns of its infrastructure and building projects in the Middle EastCar distributors set to hand out more freebies
Affin Investment Bank, which forecast a 20 per cent year-on-year contraction in vehicle sales in 2009, says margins will come under pressure as stocks will need to be cleared
- INDUSTRIES
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AUTO/TRANSPORT
Tan Chong charts route to expand market share
The sales and marketing arm of Nissan vehicles in Malaysia expects the overall Grand Livina sales to grow by 10 per cent with the launch of the Impul-tuned version -
BANKING/FINANCE
Legal systems struggle to keep up with Islamic finance
The issue is that Islamic economics have a different premise from conventional banking and applying the same legal principles to decide disputes for both markets does not work. -
BIZFOCUS
Second-hand luxury goods defy slowdown
Tsutomu Yasuyama, who runs 43 second-hand luxury goods stores in Japan, is aiming to open 15 second-hand luxury goods shops in Hong Kong and China in the next five years -
BRANDING
In search of Malaysia's Super Soccer Star
Nafalia Corp, a local production house, has teamed up with Britain's Galleon Holdings to launch Malaysian version of top UK football reality show for teenagers -
BROKERS/VIEW
OSK has 'neutral' call on Sime Darby shares
Investors should avoid Sime Darby Bhd shares until its valuations become less demanding when compared with regional rivals, OSK Research Sdn Bhd said in a research report yesterday. -
COMMODITIES
CPO may surpass RM2,000
Traders expect palm oil prices to surpass RM2,000 per tonne this week as more hedge funds shift their money into the commodities market. -
FRANCHISING
MalaysiaKitchen promoters eyeing UAE market
DUBAI: Following the establishment of Malaysian restaurants under the MalaysiaKitchen programme in Tokyo and London, its promoters are now eyeing the possibility of opening a similar outlet in the United Arab Emirates (UAE). -
INSURANCE
Commerce Assurance to transfer general unit Jan 1
COMMERCE Assurance Bhd (CAB) will transfer its general insurance business to Allianz General Insurance Company (Malaysia) Bhd (AGIC) on January 1 2009. -
LOGISTICS
Alam Maritim sees continued growth
Offshore oil and gas services firm Alam Maritim Resources Bhd (AMRB)(5115) said it expects continued earnings growth in 2009, mainly from vessel optimisation and working with strategic joint-venture partners. -
PROPERTY
Ireka: Prices in Malaysia will hold up well
IREKA Corp Bhd is optimistic that the property market will ride out the current uncertainties and be on the upstream in four to five years, despite a challenging environment, executive director Lai Voon Hon said. -
RETAILING
Gamat eMas sees a bestseller in new product
MULTI-LEVEL marketing firm Gamat eMas Sdn Bhd (GESB) aims to break the domination of the health and beauty products market by international companies with the introduction of its latest product, "Femmina". -
SMEs
French keen on Malaysian medical devices market
Malaysia is probably one of the lesser known markets to the French medical device industry until recently, when many of the players decided to expand operations in Asia.
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AUTO/TRANSPORT
- IPOWATCH
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Fibon debuts, eyes double-digit growth for FY09
The formulator of advanced composite materials and manufacturer of electrical insulators is now more focused on the overseas market which is growing.
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