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Malaysia-Singapore ties tested by high-speed rail contract

KUALA LUMPUR/SINGAPORE: The leaders of Malaysia and Singapore are expected to discuss plans for a high-speed rail project linking their countries during summit talks on Tuesday, as a deadline to award the multi-billion dollar project nears. The high-speed rail valued by analysts at about $17 billion is the biggest project undertaken by the Southeast Asian […]

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Reality check for Malaysian oil and gas players

PETALING JAYA: Oil and gas (O&G) counters have gained much attention of late following the rise in oil prices. Since the new year began, O&G stocks that operate in the upstream services segment such as UMW Oil & Gas Corp Bhd (UMW-OG), Sapura Energy Bhd  and Bumi Armada Bhd  have seen impressive gains of as much as 55% in […]

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Malaysia: Automation and IT are new jobs in banks

KUALA LUMPUR: Many new jobs in the Malaysian banking sector are in the areas of automation and information technology (IT) following the emergence of financial technology and digitalisation. The Association of Banks Malaysia (ABM) said on Monday as at end November 2017, there were over 4,000 vacancies in the banking industry. In addition, there were […]

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RAM: Malaysia’s economy to expand 5.2.per cent in 2018

KUALA LUMPUR: Malaysia’s gross domestic product is expected to expand by 5.2 per cent in 2018, on the back of strengthening domestic demand and resilient external markets. RAM Rating Services Bhd economist, Kristina Fong, said in general, hiring activities and labour force was becoming healthier this year, which would help boost domestic demand. Investment activities […]

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