Archive for August, 2013

Increased private sector role in NCER

Saturday, August 31st, 2013

AS the Northern Corridor Economic Region (NCER) steps into the second phase of its development, the role of the private sector in seeing to the success of the proposed projects in the area cannot be downplayed. Public funding of RM500 million from 2013 to 2020 is expected to catalyse RM5 billion in private investments and […]

Index closes 0.3pc lower

Saturday, August 31st, 2013

THE Straits Times Index ended 9.09 points, or 0.3 per cent, lower at 3,028.94 yesterday. The FTSE ST Mid Cap Index rose 0.15 per cent, while the FTSE ST Small Cap Index added 0.03 per cent. Of the active stocks, SingTel added 0.29 per cent, DBS lost 1.06 per cent, UOB shed 1.83 per cent […]

This Is Called Wit – AbFab

Saturday, August 31st, 2013

The big difference between American humour and British humour, skilfully exemplified here, dry, sardonic, cutting, sarcastic, word play to the max … from the ever brilliant John Cleese.ALERTS TO THREATS IN 2013 EUROPEFrom JOHN CLEESEThe English are feeling the pinch in relation to recent events in Syria and have therefore raised their security level from “Miffed” to “Peeved.” […]

AMWAY–Fundamental Analysis (30 Aug 2013)

Saturday, August 31st, 2013

AMWAY – Q2 2013 Financial Report ( on 28 Aug 2013 Analysis Report – or Tagged: AMWAY, AMWAY (MALAYSIA) HOLDINGS BERHAD, FBMKLCI, Fundamental Analysis, KLSE L. C. Chong’s Investment and Trading Blog

Ringgit continues upward trend

Saturday, August 31st, 2013

KUALA LUMPUR: The ringgit extended Thursday’s upward momentum to close firmer against the US dollar yesterday on the back of improved market sentiment, dealers said. The ringgit was quoted at 3.2830/2865 for a US dollar against Thursday’s close at 3.3120/3150. Meanwhile, the ringgit was traded higher against all other major currencies. The local unit appreciated […]

GENTING–Fundamental Analysis (30 Aug 2013)

Saturday, August 31st, 2013

GENTING – Q2 2013 Financial Report ( on 29 Aug 2013 Analysis Report – or Tagged: FBMKLCI, Fundamental Analysis, GENTING, GENTING BHD, KLSE L. C. Chong’s Investment and Trading Blog

Mohamad Salim is MRCB group MD

Saturday, August 31st, 2013

KUALA LUMPUR: Datuk Mohamad Salim Fateh Din, founder of Gapurna Sdn Bhd (GSB), will be appointed group managing director of Malaysian Resources Corp Bhd (MRCB) effective Monday. Business Times understands that Mohamad Salim and his 32-year-old son Mohd Imran Mohamad Salim, who is MRCB group chief operating officer, will drive the group to become a […]

‘No plan to list Firefly for now’

Saturday, August 31st, 2013

Chief executive officer Ignatius Ong said the decision to list can only be made by the shareholders of parent MAS. “But we have no plans for listing at this point in time… We need to be at a certain sizeable level first before being listed,” he said after the launch of the Firefly and MASwings […]

Brent falls to US$115

Saturday, August 31st, 2013

OIL LONDON: Brent crude oil slipped to US$ 115 yesterday as fears over supply disruptions in the Middle East eased after Britain said it would not join any military action against Syria. Brent crude for October shed 30 cents at US$ 114.84 by 1340GMT, after earlier reaching as low as US$ 113.63. Meanwhile, US crude […]

KL mart ends week on high note

Friday, August 30th, 2013

The FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 23.8 points, or 1.4 per cent, to close at 1,727.58, with the key index moving between 1,708.31 and 1,727.58. It opened 4.53 points firmer at 1,708.31. They said the positive sentiment was bolstered by overnight gains on Wall Street, which recovered further, coupled with easing geopolitical tension […]