Thu05252017

LAST_UPDATEThu, 25 May 2017 6pm

HLT Global Suffers Net Loss In First Quarter Post-Listing

PETALING JAYA: HLT Global Bhd, which was listed on the ACE Market of Bursa Malaysia in January this year, suffered a net loss of RM206,000 for the first quarter ended March 31, 2017 (Q1 FY17).

Read more: HLT Global Suffers Net Loss In First Quarter Post-Listing

IHH Healthcare Q1 Net Profit Doubles To RM470m

PETALING JAYA: IHH Healthcare Bhd (IHH) saw its net profit in the first quarter (Q1) ended March 31, 2017 double to RM470 million, from RM235.5 million in the previous corresponding quarter, following a RM313.4 million gain from its divestment of a non-core 6.07% stake in Apollo Hospitals.

Read more: IHH Healthcare Q1 Net Profit Doubles To RM470m

Malaysia Keeps Its Options Open On TPP

KUALA LUMPUR: Malaysia will continue to amend its legislations, including that of labour and intellectual property rights, regardless of whether the country will be part of the Trans-Pacific Partnership (TPP).

Read more: Malaysia Keeps Its Options Open On TPP

Asia-Pacific Meeting Puts Trump's Trade Turmoil Center Stage

Pic: ReutersHANOI: U.S. President Donald Trump's new trade representative held his first face-to-face meetings with some key partners on Saturday as the United States charts an "America First" policy that has upended the old global order and sparked fears of protectionism.

Read more: Asia-Pacific Meeting Puts Trump's Trade Turmoil Center Stage

WannaCry Attack Is Good Business For Cyber Security Firms

Pic: ReutersSAN FRANCISCO: For Kris Hagerman, chief executive of UK-based cyber security firm Sophos Group Plc, the past week could have been bad. The WannaCry "ransomware" attack hobbled some of its hospital customers in Britain's National Health Service, forcing them to turn away ambulances and cancel surgeries.

Read more: WannaCry Attack Is Good Business For Cyber Security Firms

Economy Expected To Grow By Up To 4 Per Cent

SARAWAK’S economy is expected to expand by 3.5 to 4 per cent this year, driven by expansion in private sector expenditure and exports.

Read more: Economy Expected To Grow By Up To 4 Per Cent

U.S. Treasury Vows No Special Treatment For Trump In Investment Reviews

U.S. Treasury Secretary Steven Mnuchin on Thursday pledged to treat "very seriously" any business dealings President Donald Trump or his family might have with foreign companies flagged by officials as national security risks.

Read more: U.S. Treasury Vows No Special Treatment For Trump In Investment Reviews

Global Shares, Dollar Lick Wounds As Trump Rout Eases

The dollar limped toward its worst week since August on Friday and world stocks headed for their first weekly fall in five, as storms surrounding Donald Trump's U.S. presidency and Latin America's biggest economy, Brazil, began to calm.

Read more: Global Shares, Dollar Lick Wounds As Trump Rout Eases

Trump Administration Starts Countdown To NAFTA Talks In Mid-August

The Trump administration on Thursday set the clock ticking toward a mid-August start of renegotiations of the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers.

Read more: Trump Administration Starts Countdown To NAFTA Talks In Mid-August

MAHB Opens To Partnership To Add Value To Its Istanbul Unit

SEPANG -- Malaysia Airports Holdings Bhd (MAHB) is open to any potential partners to participate in its the wholly-owned Istanbul Sabiha Gokcen International Airport (ISG) and add value to the assets of the airport.

Read more: MAHB Opens To Partnership To Add Value To Its Istanbul Unit