Malaysia – A Stellar Year
By Edward Lee (Head, ASEAN Economic Research Standard Chartered Bank) and Jonathan Koh (Economist, Asia Standard Chartered Bank, Singapore Branch) Standard Chartered Bank is raising its 2017 GDP growth forecast…
Sunway Group Registers 33.2% Jump In Profits
Sunway Bhd recorded a second quarter ended 30 June 2017 pre-tax profit of RM271.4 million and a net profit of RM233.3 million, a jump of 33.2% and 29.7% respectively from…
MSM Resilient Despite Challenging Environment In Q2 2017
MSM Malaysia Holdings Bhd (MSM), the country’s leading refined sugar producer and a subsidiary of Felda Global Ventures Holdings Berhad (FGV), is boosted with a 2.4% profit margin improvement for…
Danajamin Provides Inaugural Drop Off Guarantee For A ‘Live’ Bond By DRB-Hicom’s Subsidiary
Danajamin Nasional Berhad (Danajamin), the country’s first Financial Guarantee Insurer, yesterday announced that it is guaranteeing a 19-year RM340 million Medium Term Note Programme (MTN Programme) issued by Northern Gateway…
CAB Cakaran Third Quarter Net Profit Surges 162% to RM13.74 Million
CAB Cakaran Corporation Bhd, a Bursa Malaysia Main Market listed integrated poultry producer, registered a net profit of RM13.74 million for its 3nd quarter ended 30 June 2017 (3QFY2017), representing…
AirAsia Posts Better Second Quarter 2017 Results
AirAsia Bhd, which reported its results for the quarter ended 30 June 2017 (2Q17), posted second quarter 2017 revenue of RM2.38 billion, up 19% on a like-for-like basis from RM1.99…
7-Eleven Enjoys Good Run
7-Eleven Malaysia Holdings Bhd achieved significant improvement in its revenue and net profit in the second quarter of 2017 by 6.3% and 26.8% respectively compared to the first quarter. “We…