Malaysian Digest - Malaysia News and Current Affairs

Business

SPNB Offers Second Chance To 888 Contractors

KOTA BARU: Syarikat Perumahan Negara Berhad (SPNB) is offering a second chance to 888 contractors who have been blacklisted for failing to complete people friendly housing (PMR) projects.

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Credit Suisse Sees M'sia's Economy Strengthening In Second Half

KUALA LUMPUR: Malaysia's economy will grow stronger in the second half of this year, driven by the removal of the political uncertainty and the government's firm economic policy, says Credit Suisse Securities (M) Sdn BhdManaging Director Stephen Hagger.

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Gold Demand In China Hits Record High In Q1 2013

BEIJING: April's massive drop in gold prices led to demand in China hitting a record high of 60.3 billion yuan (US$9.8 billion) in the first quarter (Q1) of 2013.

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Khairussaleh At The Helm Of Maybank?

Datuk Khairussaleh Ramli. Pic: www.maybank.comPETALING JAYA: Datuk Khairussaleh Ramli, who manages the Indonesian business of Malayan Banking Bhd (Maybank), has emerged as the frontrunner to take over the helm of the banking group, following the appointment of Datuk Seri Abdul Wahid Omar as Minister in the Prime Minister's Department.

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Goldis Wins Concession In China

KUALA LUMPUR: Goldis Bhd has clinched a 23-year agreement to built, operate and transfer a sewage treatment plant at the Yantai Economic Development Zone in Shangdong, China.

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UMW Plans Listing Of Oil And Gas Business

PETALING JAYA: UMW Holdings Bhd plans to list its wholly-owned subsidiary, UMW Oil & Gas Corp Bhd (UMW-OG) on the Main Market of Bursa Malaysia this year.

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Bloomberg's Top Editor Calls Client Data Policy 'Inexcusable'

NEW YORK: Matthew Winkler, editor-in-chief of Bloomberg News, apologised on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was "inexcusable", but that important customer data had always been protected.

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Silver Bird Receives Court Notice From Three Former Execs

KUALA LUMPUR: The cases of three former executives of Silver Bird Group are coming up for mention in the Industrial Court this month.
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