Fri08012014

LAST_UPDATEFri, 01 Aug 2014 12am

Property Segment Lifts I-Berhad Results

Tan Sri Lim Kim HongKUALA LUMPUR: I-Berhad’s net profit rose 23.9 per cent to RM6.1 million in the first quarter ended March 31 2014, from RM4.92 million in the same quarter a year ago.

Read more: Property Segment Lifts I-Berhad Results

BIMB Q1 Profit Rises 66.5pc To RM123.45m

BIMB/Pic: xixKUALA LUMPUR: BIMB Holdings Bhd reported a 66.5 per cent increase in net profit to RM123.45 million in the first quarter ended March 31 2014, from RM74.14 million in same quarter last year, helped by profit contribution following the acquisition of a 49 per cent stake in Bank Islam Malaysia Bhd in December.

Read more: BIMB Q1 Profit Rises 66.5pc To RM123.45m

NCB Spends RM1bil To Expand Port Capacity

Pic: NorthportKUALA LUMPUR: NCB Holdings Bhd, a major player in port operations and logistics, is cruising towards an installed capacity of 6.2 million twenty-foot equivalent units (TEUs) by 2016, at a total capital expenditure (capex) of over RM1 billion.

Read more: NCB Spends RM1bil To Expand Port Capacity

Rev-Up In DRB-HICOM Profit

Pic: NST RM166.9m IN Q4: Company attributes strong performance to its 3 core businesses

Read more: Rev-Up In DRB-HICOM Profit

Global Oil Group Keen To Invest In Pengerang

Pic: JPDCKUALA LUMPUR: An international oil and gas consortium has shown a keen interest to set up a base at the Pengerang Integrated Petroleum Complex (PIPC) in Johor.

Read more: Global Oil Group Keen To Invest In Pengerang

Maybank Net Profit Jumps To RM1.6b

Pic: NSTSTRONG Q1: Performance driven by loans growth, especially at Islamic banking division

Read more: Maybank Net Profit Jumps To RM1.6b

Genting Profit Soars

.KUALA LUMPUR: Conglomerate Genting Bhd, which controls one of the world’s most profitable casinos in Singapore, reported a 25% rise in first-quarter net profit due to higher volumes in its gaming business.

Read more: Genting Profit Soars

Sime Darby Tops RM1b Pre-Tax Profit In Its Third Quarter

On track to achieve its RM2.8 billion profit target for the financial year ending June 30, 2014. /Pic;Malay MailKUALA LUMPUR: Sime Darby Bhd registered a pre-tax profit of RM1.0 billion in its third quarter ended March 31, 2014, compared with RM934.74 million in the same period a year earlier.

Read more: Sime Darby Tops RM1b Pre-Tax Profit In Its Third Quarter

Dollar At 2-Month Highs As Sterling Turns Tail, Euro Sinks

Illustration only/Pic: NyamileUNITED STATES: The US dollar hovered at a two-month high against a basket of major currencies early in Asia today, having benefited from a shake out of long positions in sterling and further weakness in the euro.

Read more: Dollar At 2-Month Highs As Sterling Turns Tail, Euro Sinks

Asian Shares Consolidate Gains, Bonds Fly High

Pic: ReutersAsian shares consolidated their recent gains today while global bond prices surged, pushing their yields to multi-month lows, both supported by expectations of easy monetary policy.

Read more: Asian Shares Consolidate Gains, Bonds Fly High