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Ho Hup investors vote to remove 7 directors
Shareholders of Ho Hup Construction Co Bhd (5169) voted to remove seven directors and install six new ones at an extraordinary general meeting (EGM) yesterday.Teh is Asia's Banking Grandmaster
Tan Sri Dr Teh Hong Piow, founder and chairman of Public Bank Bhd (1295) , has been named "Asia's Banking Grandmaster" by The Asset, a leading international financial publication.Speculation partly to blame, says think tank
The ever-rising prices of property in Penang are not just down to scarcity of land but are partly due to speculators, strong demand from investors and a low-interest rate environment.
- INDUSTRIES
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AUTO/TRANSPORT
Honda cautious about market
Japanese carmaker Honda is confident that it can sell some 40,000 cars in Malaysia this year, although it is cautious about the market especially in the second half.
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BANKING/FINANCE
5 ways to widen Islamic finance's acceptability
Islamic finance is now in the third stage of its development that requires the broadening of its acceptability and growing the market, Raja Muda of Perak Raja Dr Nazrin Shah said.
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BIZFOCUS
Is economic terrorism a threat to SE Asia?
The overwhelming evidence from militant attacks over recent decades is that the impact is almost always temporary
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BRANDING
'Brand building is about delivering on a promise'
Building a brand is not about spending on advertisement, but about delivering product promises to customers, says a branding council executive.
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BROKERS/VIEW
DiGi.Com: Neutral, target price RM23.10
OSK Research has maintained its "neutral" call on DiGi.Com Bhd (6947), eventhough the company has signed a deal to sell Apple Inc's iPhone in the country.
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COMMODITIES
Sweeter prospects for Malaysian cocoa
Barry Callebaut AG, the world's largest chocolate maker, plans to produce up to 5,000 tonnes of superior grade cocoa beans in Malaysia within three years.
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FRANCHISING
Chaswood seeks franchisees to expand Teh Tarik Place
It was the passion of sipping teh tarik that got two friends to start a new style of mamak restaurants around the Klang Valley three years ago.
- LOOKING AHEAD TO 2010: Players have high hopes for govt support
- Franchise industry remains resilient
- Bumi travel agency launches franchise,seeks participants
- Naza aims to be franchisee for more automotive brands
- Naza Tutti Frutti expects fruitful growth in first year
- Grandpolitan plans more Tony Roma outlets in Asia
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INSURANCE
Prudential's premium growth driver
Prudential Assurance Malaysia Bhd (PAMB) expects its latest protection plan called "PRUmy child" to boost its education insurance segment to contribute between 15 to 20 per cent to overall new business this year .
- AXA Affin: BH Insurance to boost ranking
- Prudential sees big potentiaI in untapped Bumi mart
- AXA Affin charts strategy to boost market share by fivefold
- Manulife to launch up to 10 unit trust funds this year
- Takaful Ikhlas expects non-motor business to grow 52pc this year
- Insurance industry on growth track
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LOGISTICS
Maersk aims to sail into 'modest' profit
COPENHAGEN: Danish shipping and oil group AP Moller-Maersk said it would return to a "modest" profit in 2010 after weak global trade knocked freight rates and dragged it to a deeper loss than expected for 2009.
- Westports expects to handle more than 5m TEUs this year
- PKA won't extend grace period for enforcement of new rules
- Fitch: Asian shipping firms face challenges
- SATS expects Senai Airport traffic to grow significantly
- Tanjung Manis Port to become gateway for central Sarawak
- Penang Port sets course towards higher productivity
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PROPERTY
Bon Ton sees value in heritage properties
Resort, restaurant and retail specialist Bon Ton Sdn Bhd will continue to work with other tourism players in promoting Penang as the choice destination for cultural and heritage tourists.
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RETAILING
London's Rodial finds Perfect Malaysian partner
London-based international skincare expert Rodial Ltd plans to expand its presence in Asia and increase regional share by venturing into the Malaysian market.
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SMEs
Google Analytics boost for SMEs in Malaysia
Google Inc, developer of the award-winning search engine, is providing Malaysian small and medium enterprises (SMEs) a simple and flexible analytical tool to strengthen their online marketing and business.
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AUTO/TRANSPORT
- IPOWATCH
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Oversea Ent: 15pc of revenue to come from abroad
Oversea Enterprise Bhd, owner and operator of the "Restoran Oversea" chain, expects foreign markets to make up 15 per cent of revenue in five years.
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