TRC SYNERGY BHD (TRCG:KL) sees flat revenue growth in FY19 on fewer jobs Construction company TRC Synergy Bhd expects to post flat revenue growth in the current financial year ending Dec 31, 2019 (FY19) on fewer construction jobs. Executive director Datuk Abdulaziz Mohamad said the group has set a lower tender book replenishment target of RM2 […]
TELEKOM MALAYSIA BHD (TLMM:KL) extends gains, climbs as high as 4.2% Investors’ appetite for Telekom Malaysia Bhd (TM) appears to be increasing, as the stock was climbing again to an intraday high of RM4.22 earlier today, or 4.2% higher than its closing price of RM4.05 yesterday. As at 3.29pm, the counter, which was the sixth […]
TENAGA NASIONAL BHD (TENA:KL) names Shahazwan Harris to lead IAG Tenaga Nasional Bhd (TNB) has appointed Shahazwan Harris as its chief international officer, tasked with leading its new division International Asset Group (IAG) effective July 1, 2019. TNB CEO and president Amir Hamzah Azizan said Shahazwan has been involved in various sectors, which will place […]
PETRONAS GAS BHD (PGAS:KL) will not be affected with Moody’s downgrade Prime Minister Tun Dr Mahathir Mohamad (picture) said that Moody’s Investors Service Inc recent downgrade of Petroliam Nasional Bhd’s credit rating may be inaccurate but believed change would not impact the state-owned energy company. “That is Moody’s assessment, but they are not necessarily right. Sometimes some […]
TOP GLOVE CORPORATION BHD (TPGC:KL) shares up on company’s capacity expansion news Shares of Top Glove Corporation were higher on news the biggest nitrile glove producer is expanding capacity to produce between 25 billion and 30 billion gloves annually. In a note today, Shayne Heffernan, CEO and Founder of Heffx said Top Glove was its favourite stock. “We continue to […]
MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA Malaysia Airports Holdings Bhd (MAHB) today launched the country’s first outdoor aircraft observing deck (Anjung Spotter) at the Kuala Lumpur International Airport (KLIA). The deck is located at Jalan Pekeliling next to Runway 32 Left (32L) which MAHB said well-positioned to be the […]
FTSE Bursa Malaysia KLCI (.KLSE) Rebounding After months of scrimping on public spending, the Pakatan Harapan (PH) government is showing signs of easing its purse strings and reviving large state projects as investors return to Malaysia. Bloomberg reported today that foreign investors have been coming back, adding that the turnaround would be a boost to […]
FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment The FBM KLCI continues to gain ground Monday as market sentiments were boosted by the US-Mexico deal to avert a tariff war and optimism for a rate cut by the US Federal Reserve. At closing, the benchmark index rose 6.14 points, or 0.37% to 1,655.47. […]
DRB-HICOM BHD (DRBM:KL) gets lift from Proton Because of the surge in tax bill to RM230.67 million, DRB-Hicom Bhd’s annual net profit came in substantially lower at RM122.87 million for the financial year ended March 31, 2019 (FY19) versus RM91.58 million in the preceding year. However, for the fourth quarter ended March 31, 2019 (4QFY19), […]
FTSE Bursa Malaysia KLCI (.KLSE) opens lower on global trade concerns Bursa Malaysia was easier in early trade, reversing yesterday’s gains due to weak sentiment brought on by concerns over global trade growth and as tensions between economic powerhouses, the United States and China continues to escalate. At 9.40am, the key FBM KLCI eased 3.08 […]
The Top 10 Hotels in Kuala Lumpur The best luxury hotels in Kuala Lumpur are ideal accommodation options for the most sophisticated of guests, boasting gleaming interiors, exquisite guestrooms, personalised service and an extensive range of quality amenities such as swimming pools, fully-equipped fitness centres, and award-winning restaurants. A multicultural city with a unique history, […]
Global-strategy adviser Parag Khanna describes the ways that the world economy is increasingly Asia-centric and will be moving even more swiftly in that direction. Here’s why More than 50% of the world’s population lives in Asia, where economies are growing quickly and becoming increasingly interconnected in culture, business, and trade. In this piece Parag Khanna, […]
TELEKOM MALAYSIA BHD (TLMM:KL) Appointment of TM chairman and CEO decided by PM Appointment to the posts of Telekom Malaysia Bhd (TM) chairman and CEO is only made on the instruction of the prime minister and there has been no such order so far, said Finance Minister Lim Guan Eng. Lim said the finance ministry […]
SIME DARBY PLANTATION BERHAD (5285:KL) pretax profit plunges on lower CPO prices Sime Darby Plantation experienced a 64% decline in pretax profit to RM125 million for the first quarter of its 2019 financial year. The sharp fall in profitability was attributable to lower average crude palm oil (CPO) and palm kernel prices. CPO prices declined […]
THE ICONIC DATAI IS SITUATED WITHIN VIRGIN TROPICAL RAINFOREST OF LANGKAWI The hideaway The Datai Langkawi is situated on the northwest tip of the pristine island of Langkawi in Malaysia. Located in a 10-M years old rain-forest that teems with wildlife, and overlooking the tranquil Datai Bay that has been awarded by National Geographic 1 […]
Stronger Q4 ahead for PADINI HOLDINGS BHD (PDNI:KL) Padini Holdings Bhd is expected to post a stronger fourth quarter results fuelled by the Aidil Fitri festivities, Shayne Heffernan, CEO and Founder of Heffx said. Mr Heffernan said Padini’s result for the nine-month ended March 31 2019 was within expectation. “We continue to like Padini’s established […]
PETRONAS GAS BHD (PGAS:KL) signs deal to lease LNG storage unit to Vitol Petronas has signed a deal to lease a liquefied natural gas (LNG) storage unit in the country to commodity trader Vitol for at least two years, industry sources told Reuters. Under the agreement, Petronas will rent one of its two 200,000-cubic-metre LNG […]
The US Treasury has just added Sing., Malaysia and Vietnam to a watch-list for currency (money) manipulation, putting their Fx (foreign-exchange) policies under scrutiny. Sing. (Singapore) made the list because of its large current account surplus and net foreign currency purchases of at least $17-B in Y 2018, equivalent to 4.6% of GDP, according to […]
Axiata Group Berhad (6888:KL) denies selling Malaysian interests to Telenor in merger move Telecommunications firm Axiata Group Bhd dismissed claims that its merger with Norway-based Telenor ASA’s Asian operations is akin to selling Malaysian interests to a foreign company. One of Malaysia’s largest telecommunications companies, Axiata described its plan with Telenor as a “merger of […]
FTSE Bursa Malaysia KLCI (.KLSE) turns marginally lower The benchmark index FBM KLCI turned marginally lower at mid-afternoon today, bucking the regional trend, with improving Asian stocks, a dealer said. At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.24 of-a-point to 1,598.08. The benchmark index opened 6.12 points better at 1,604.44. Market breadth was negative, […]
FTSE Bursa Malaysia KLCI (.KLSE) tech stocks down after US blacklists Huawei Technology counters on Bursa Malaysia are feeling the heat following the escalation of trade tensions between the United States and China with restrictions imposed by the Trump-led administration against China’s telecommunication giant Huawei. Experts on the industry say it is time for caution […]
Another very tough day for FTSE Bursa Malaysia KLCI (.KLSE) Bursa Malaysia got off to a weak start on Thursday with the FBM KLCI falling more than 0.8% as Petronas-linked stocks and Public Bank lost ground. At 9.16am, the KLCI was down 13.63 points or 0.85% to 1,590.11. Turnover was 270.72 million shares valued at […]
No job losses from Axiata Group Berhad (6888:KL) proposed merger with Telenor ASA Axiata Group Bhd president and group chief executive officer Tan Sri Jamaludin Ibrahim has reiterated that there would be no job cuts if the proposed merger with Norwegian mobile operator Telenor ASA were to materialise. He said the planned merger, which is […]
Westports Holdings Berhad (5246:KL) remains neutral on its near to medium-term prospect with an unchanged throughout growth assumption of 5% Kenanga research has maintained its market perform rating on Westports Holdings Bhd with an unchanged target price of RM3.75. Following a meeting with Westports’ management, the research house said its remains neutral on its near […]
Tune Protect Group Berhad (5230:KL) has appointed William Foo as chief executive officer Tune Protect Group Bhd has appointed William Foo as chief executive officer of Tune Insurance Malaysia Bhd effective today. Foo has over 25 years of experience in the general insurance industry, and has been chief operating officer of QBE Insurance Malaysia. He is an associate […]
FTSE Bursa Malaysia KLCI (.KLSE) Expected to remain weak Bursa Malaysia is expected to remain weak this week as banking- related stocks are especially impacted, with the focus on the overnight policy rate (OPR) to be released by Bank Negara Malaysia (BNM). Shayne Heffernan, CEO and Founder of Heffx said the FBM KLCI would likely […]
AirAsia Group Berhad is a Malaysia-based investment holding company, which manages AirAsia Group operating in the airline industry. The Group is principally engaged in the operation of AirAsia, a low-cost airline with major business in Malaysia, Thailand, Indonesia, the Philippines, India and Japan, among others. The Company’s subsidiaries include AirAsia Investment Ltd and Koolred Sdn […]
Sapura Energy Berhad, formerly SapuraKencana Petroleum Berhad, is engaged in investment holding and the provision of management services to its subsidiaries. The Company’s segments include Engineering and Construction (E&C), Drilling, Energy and Corporate. Its E&C business segment is engaged in the installation of offshore platforms, marine pipelines and subsea services; engineering, procurement, construction and commissioning […]
IOI Properties Group Berhad is an investment holding company. The Company’s segments include Property development, which is engaged in the development of residential, commercial and industrial properties; Property investment, which invests in shopping mall, office complex and other properties; Leisure & hospitality, which is engaged in management and operation of hotels, resorts and golf course, […]
Malaysia Airports Holdings Berhad is an investment holding company. The Company operates through the segments, which include Malaysia Operations and Overseas Operations. Its Malaysia Operations segment includes duty free and non-dutiable goods, airport services, agriculture and horticulture, hotel, and project and repair maintenance services. Its Overseas Operations segment includes project and repair maintenance, and airport […]
UMW Holdings Berhad is a Malaysia-based investment holding company. The Company’s segments include the automotive segment, which is engaged in the import, assembly and marketing of passenger and commercial vehicles, and related spares; the equipment segment, which is involved in the trading and leasing of a range of light and heavy equipment, including related spares […]
Media Prima Berhad is Malaysia-based integrated media company. The Company is engaged in commercial television and radio broadcasting, media advertising, digital media, sale of program rights, provision of outdoor advertising space and related production works, content creation, talent management and publishing and sale of newspapers. Its segments include Television Networks, Radio Networks, Outdoor Media, Print […]
IHH Healthcare Berhad is an investment holding company. The Company operates through five segments: Parkway Pantai, which is a hospital operator and healthcare service provider in Asia; Acibadem Holdings, which is a hospital operator and healthcare service provider in Central Eastern Europe, the Middle East and North Africa (CEEMENA) and investment holding companies owning Acıbadem […]
AirAsia Group Berhad is a Malaysia-based investment holding company, which manages AirAsia Group operating in the airline industry. The Group is principally engaged in the operation of AirAsia, a low-cost airline with major business in Malaysia, Thailand, Indonesia, the Philippines, India and Japan, among others. The Company’s subsidiaries include AirAsia Investment Ltd and Koolred Sdn […]
SERBA DINAMIK HOLDINGS BERHAD (5279.KL) planning to raise a sukuk issuance worth US$200mil to US$250mil Serba Dinamik is planning to raise a sukuk issuance worth US$200mil to US$250mil (RM826mil to RM1bil) for a tenure of three years to refinance its existing foreign loans and international projects. Shayne Heffernan, CEO and Founder of Heffx is maintaining […]
VELESTO ENERGY BERHAD (5243:KL) earnings still volatile despite new Petronas contracts Shayne Heffernan, CEO and Founder of Heffx remains cautious on Velesto Energy Bhd’s (Velesto Energy) performance despite securing four fresh jack-up rig charters worth US$105 million (RM432 million), which have tenures of 1 year with 2 annual extension options, from Petronas Carigali. The contracts […]
TASEK CORPORATION BHD (TKCS:KL) surges 12.8% from Bandar Malaysia development The revival of the Bandar Malaysia project, which came as a surprise to the market, sparked a fresh round of buying interest in construction and building materials stocks on Bursa Malaysia today. The construction index saw a jump of 16.52 points or 8.15% to 219.2 […]
FTSE Bursa Malaysia KLCI (.KLSE) negative news flow dampening investor appetite Share prices continued their downward momentum on Bursa Malaysia this morning with trading remaining lacklustre. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.48 points easier at 1,615.42, after opening 3.23 points weaker at 1,617.67. On the broader market, decliners outpaced gainers 200 to 112, […]
UEM EDGENTA BERHAD (FBMS:KL) higher today taking cue from US share gains The FBM KLCI finished 1.16 points or 0.07% higher today, taking cue from US share gains on Friday at Wall Street. At 5pm today, the KLCI settled at 1,631.33 after rising to its intraday high at 1,638.87. In the US on Friday, the […]
Heffx maintains ‘Hold’ call on PUBLIC BANK BHD (PUBM:KL) Heffx has maintained its ‘Hold’ rating on Public Bank Bhd, but with a lower Gordon Growth Model-based target price of RM24.40 (from RM26.50), based on 2.15 times 2019 price-to-book. In a research note last Friday, the research house said it is not amply attractive to warrant […]
MALAYAN BANKING BHD (MBBM.KL) remains committed to supporting borrowers MALAYAN Banking Bhd (Maybank) is projected to disburse some RM85 billion worth of mortgages as well as loans to small and medium enterprises (SMEs) over the next three years. Its group president and CEO Datuk Abdul Farid Alias said the banking industry remains committed to supporting […]
Maxis Berhad (6012.KL) Shayne Heffernan has a “hold” call and target price of RM5.15 on the stock At the 20 sen per share dividend Maxis Bhd has been paying out annually in the past four years, last Thursday’s closing price of RM5.36 would have delivered an implied yield of about 3.7%. The question here is […]
UMW Holdings Berhad is a Malaysia-based investment holding company. The Company’s segments include the automotive segment, which is engaged in the import, assembly and marketing of passenger and commercial vehicles, and related spares; the equipment segment, which is involved in the trading and leasing of a range of light and heavy equipment, including related spares […]
IOI Properties Group Berhad is an investment holding company. The Company’s segments include Property development, which is engaged in the development of residential, commercial and industrial properties; Property investment, which invests in shopping mall, office complex and other properties; Leisure & hospitality, which is engaged in management and operation of hotels, resorts and golf course, […]
Malaysia Airports Holdings Berhad is an investment holding company. The Company operates through the segments, which include Malaysia Operations and Overseas Operations. Its Malaysia Operations segment includes duty free and non-dutiable goods, airport services, agriculture and horticulture, hotel, and project and repair maintenance services. Its Overseas Operations segment includes project and repair maintenance, and airport […]
Sapura Energy Berhad, formerly SapuraKencana Petroleum Berhad, is engaged in investment holding and the provision of management services to its subsidiaries. The Company’s segments include Engineering and Construction (E&C), Drilling, Energy and Corporate. Its E&C business segment is engaged in the installation of offshore platforms, marine pipelines and subsea services; engineering, procurement, construction and commissioning […]
AirAsia Group Berhad is a Malaysia-based investment holding company, which manages AirAsia Group operating in the airline industry. The Group is principally engaged in the operation of AirAsia, a low-cost airline with major business in Malaysia, Thailand, Indonesia, the Philippines, India and Japan, among others. The Company’s subsidiaries include AirAsia Investment Ltd and Koolred Sdn […]
IHH Healthcare Berhad is an investment holding company. The Company operates through five segments: Parkway Pantai, which is a hospital operator and healthcare service provider in Asia; Acibadem Holdings, which is a hospital operator and healthcare service provider in Central Eastern Europe, the Middle East and North Africa (CEEMENA) and investment holding companies owning Acıbadem […]
Borneo is 1 of the least explored areas on the planet, the mention of Borneo conjures up images of primeval rain-forest, undiscovered tribes, and rare, exotic species. Comprised mostly of impenetrable jungle, the world’s 3rd-largest island is shared by Indonesia, Malaysia, and the small Oil rich Sultanate of Brunei. Home to critically endangered rhino, elephant, […]
Inbit Corp OTC:INBT is preparing one of its hottest brands to launch on a Global level, Royal Ellamae is a brand of luxury Birds Nest based skincare products. Bird’s Nest is reputed to maintain youthfulness and enhance the complexion. From a biological standpoint, Bird’s Nest contains proteins, amino acids and minerals that are essential for […]
The global economy’s softened throughout Y 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago. A new GDP tracker puts world growth at 2.1% on a Q-Q annualized basis, down from about 4% in the middle of last year. While there is a chance that the economy […]
Media Prima Berhad is Malaysia-based integrated media company. The Company is engaged in commercial television and radio broadcasting, media advertising, digital media, sale of program rights, provision of outdoor advertising space and related production works, content creation, talent management and publishing and sale of newspapers. Its segments include Television Networks, Radio Networks, Outdoor Media, Print […]
Sapura Energy Berhad, formerly SapuraKencana Petroleum Berhad, is engaged in investment holding and the provision of management services to its subsidiaries. The Company’s segments include Engineering and Construction (E&C), Drilling, Energy and Corporate. Its E&C business segment is engaged in the installation of offshore platforms, marine pipelines and subsea services; engineering, procurement, construction and commissioning […]
IOI Properties Group Berhad is an investment holding company. The Company’s segments include Property development, which is engaged in the development of residential, commercial and industrial properties; Property investment, which invests in shopping mall, office complex and other properties; Leisure & hospitality, which is engaged in management and operation of hotels, resorts and golf course, […]
IHH Healthcare Berhad is an investment holding company. The Company operates through five segments: Parkway Pantai, which is a hospital operator and healthcare service provider in Asia; Acibadem Holdings, which is a hospital operator and healthcare service provider in Central Eastern Europe, the Middle East and North Africa (CEEMENA) and investment holding companies owning Acıbadem […]
UMW Holdings Berhad is a Malaysia-based investment holding company. The Company’s segments include the automotive segment, which is engaged in the import, assembly and marketing of passenger and commercial vehicles, and related spares; the equipment segment, which is involved in the trading and leasing of a range of light and heavy equipment, including related spares […]
Tianci International, Inc. (OTC:CIIT) is building not only internally but the aggressive growth is also being fueled by acquisitions, the company is looking at many synergistic targets and Ezytronic with its big name clients and established multi million dollar business is set to be the first of many. On October 29, 2018, the Board of […]
Media Prima Berhad is Malaysia-based integrated media company. The Company is engaged in commercial television and radio broadcasting, media advertising, digital media, sale of program rights, provision of outdoor advertising space and related production works, content creation, talent management and publishing and sale of newspapers. Its segments include Television Networks, Radio Networks, Outdoor Media, Print […]
UMW Holdings Berhad is a Malaysia-based investment holding company. The Company’s segments include the automotive segment, which is engaged in the import, assembly and marketing of passenger and commercial vehicles, and related spares; the equipment segment, which is involved in the trading and leasing of a range of light and heavy equipment, including related spares […]
IHH Healthcare Berhad is an investment holding company. The Company operates through five segments: Parkway Pantai, which is a hospital operator and healthcare service provider in Asia; Acibadem Holdings, which is a hospital operator and healthcare service provider in Central Eastern Europe, the Middle East and North Africa (CEEMENA) and investment holding companies owning Acıbadem […]
Sapura Energy Berhad, formerly SapuraKencana Petroleum Berhad, is engaged in investment holding and the provision of management services to its subsidiaries. The Company’s segments include Engineering and Construction (E&C), Drilling, Energy and Corporate. Its E&C business segment is engaged in the installation of offshore platforms, marine pipelines and subsea services; engineering, procurement, construction and commissioning […]
IOI Properties Group Berhad is an investment holding company. The Company’s segments include Property development, which is engaged in the development of residential, commercial and industrial properties; Property investment, which invests in shopping mall, office complex and other properties; Leisure & hospitality, which is engaged in management and operation of hotels, resorts and golf course, […]
$RACE FLASH: Ferrari is the Aristocrat of of world’s automotive sector and the world’s strongest brand. Ferrari (NYSE:RACE) is an iconic Italian luxury Supercar manufacturer which produces the Ferrari branded car. It is a limited production in demand car and instantly recognizable world wide. In Y 2018 only 9,251 Ferraris were shipped. The group’s high […]
FTSE Bursa Malaysia KLCI (.KLSE) 2019 Overall, the bias in prices is: Downwards. The projected upper bound is: 1,797.23. The projected lower bound is: 1,532.31. The projected closing price is: 1,664.77. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and […]
Goldman Sachs “cheated” Malaysia, leader Mahathir Mohamad said, after two former bankers from the Wall Street titan were charged over a scandal that allegedly saw billions looted from state coffers. The US Justice Department unveiled criminal charges this month against ex-Goldman bankers Tim Leissner and Ng Chong Hwa, accusing them of working with a Malaysian […]
Infireum: Asia’s Stablecoin Stablecoins are all the rage and in Asia Infireum is making it’s mark as the stablecoin to own. A stablecoin is a cryptocurrency designed to minimize the price volatility. Stablecoins are used as stores of value or units of account, as well as in other use cases where volatile cryptocurrencies may be […]
Bursa Malaysia Bhd (BMYS:KL) Mahathir’s economic vision a hard sell for investors Malaysia’s stock market may be set to repeat the market sell-off in 2015 as trade friction between United States and China escalates, say analysts. They, however, kept optimistic year-end targets of above 1,700 points, meaning the fall which has begun since April this year is expected […]
Winning Weekend for Shane Edwards in Penang, Malaysia Shane Edwards trained a double at a big weekend of racing in Penang, Malaysia. The winning duo were both Australian bred, one by Encosta De Lago and the other by Manhattan Rain Prize money in Malaysia is growing and the increased access for horses to Singapore and […]
Malaysia and the Trans-Pacific Partnership Malaysia’s newly-elected prime minister called Monday for the Trans-Pacific Partnership to be “renegotiated,” and urged protection for small countries in international trade. Malaysia, along with 10 other countries, pushed ahead with the TPP in March despite Donald Trump having yanked the United States out of the huge multilateral trade deal. […]
Big Weekend of Racing in Penang Malaysia Penang – a world renowned exotic holiday destination – was known, once upon a time, as Pulau Pinang or the “Isle of the Betel Nut”. Listed as a UNESCO World Cultural Heritage Site in 2008, this virgin paradise has no shortage of cultural sights and natural scenery. Nicknamed […]
Police are still conducting search at the private residence of former prime minister Datuk Seri Najib Tun Razak in Taman Duta. Several personal items such as handbags, clothes and gifts were seized from the home of former Prime Minister Datuk Seri Najib Tun Razak at his personal residence in Jalan Langgak Duta, Taman Duta here […]
AirAsia May Not Survive Tony Fernandes Politics AirAsia Group Bhd looks set to sink well below the RM3 mark and may well trade in the RM1 to RM2 range long term, it is widely expected that links between the Company and ousted Malaysian Prime Minister will be investigated vigorously. Najib has faced not only a […]
Malaysian Prime Minister Mahathir Mohamad moved swiftly against predecessor Najib Razak just days after his shock election win, banning him from leaving the country and planning to reopen a probe into a multibillion dollar scandal at a state fund that Najib helped set up. Even as a chastened Najib said he would support a smooth […]
AirAsia Downgraded: Fernandes Support of Najib Will have Consequences Ongoing investigations are possible as the relationship between AirAsia, Najib and the Government will come under scrutiny in coming months. The Malaysian aviation regulator will investigate claims made by AirAsia boss Tony Fernandes that he had been “summoned” and told to cancel extra flights for last […]
The Selangor Gold Cup Kuala Lumpur The Selangor Gold Cup is one of the classic races of the Club. The race is also the second leg of the Club’s Triple Crown Series and scheduled to run on Sunday, 20 May 2018. The Triple Crown Series consists of the three Classic Group 1 races of the […]
Mahathir Mohamad, 92, a former Malaysian prime minister who led the opposition to achieve a stunning victory in the general election, took the oath of office on Thursday night, becoming the world’s oldest government leader. Mahathir won the election after his coalition Pakatan Harapan secured 113 seats out of the 222 seats at the parliament’s […]
Ferrari (NYSE:RACE) ‘Pops Up’ in Singapore $RACE Ferrari’s (NYSE:RACE) Inaugural regional pop-up showcase kicks off at the ION Orchard atrium, with the Ferrari Portofino and GTC4Lusso available for public viewing. Ferrari’s newest model, the Ferrari Portofino, will be on display from 5 to 13 May, exclusively at the iconic luxury automotive brand’s inaugural pop-up showcase held at the […]
People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]
Wealth Management HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Real Estate, Mining, Retail, Transport and Agriculture that span every continent of the world. Our partners have unprecedented experience in Equities, Banking, Private Equity, Trading and Funds Management. Managing and Protecting wealth for our clients […]
MH370 Search Continues Malaysian Airlines MH370, with 239 aboard, disappeared in March 2014 while on a flight from the Malaysian capital Kuala Lumpur to Beijing. It has long been believed that the plane crashed into the ocean in the remote region plotted on the simulator. The home flight simulator owned by Captain Zaharie Shah the […]
President Trump, “… the US will not be taken advantages of on trade.” Friday, President Donald Trump warned that the US would no longer “turn a blind eye” to trade abuses. “From this day forward we will compete on a fair and equal basis,” President Trump told a gathering of CEOs on the sidelines of […]
F1: Sepang FP1-2, Vettel, Ferrari (NYSE:RACE) Looking Good $RACE Ferrari (NYSE:RACE) team driver, Sebastian Vettel, drove his Ferrari F1 racer to and impressive showing in Friday’s FP1 practice for the Malaysian Grand Prix, having finished as the fastest driver in the 2nd session. Quaint: Red Bull Racing’s Daniel Ricciardo was surprised. Mr. Vettel posted a new […]
President Trump Challenges China and Globalization BESA Center Perspectives Paper No. 588, September 15, 2017 EXECUTIVE SUMMARY: US President Donald Trump’s decision to abandon the Trans-Pacific Partnership (TPP) marks a fundamental change from Barack Obama’s priorities. It could also create a policy vacuum in Asia, as the US is no longer the driving force behind regional […]
e-Commerce Boosts China-ASEAN Trade One of the Key solutions is to expanding business in China is online. e-Commerce can add billions of RMB Yuan companies sales every month. An increasing number of companies in ASEAN are seeing e-Commerce as a new growth engine for China-ASEAN trade. e-Commerce giants are also trying to tap into a […]
At least 25 people, including students and teachers, have been killed in the fire that erupted at a religious school in the Malaysian capital, Kuala Lumpur. The officials initially gave a death toll of 25 people, but later revised it to 22 students and 2 wardens. Kuala Lumpur police chief Amar Singh told reporters the […]
Xi Sailing BRICS’ Ship on Epic Voyage $GS, $CNY, $LNGVY, $BABA In stormy waters it is common for fishermen in Southeast China to set out to sea in groups. Each boat has its own Captain, but they will discuss fishing strategies when they return from a voyage. Over cans of beer, they argue but soon […]
The Tropicana Cenang, Langkawi project is set to become a world-class tourist destination as well as a family hub for leisure and entertainment Property developer, Cenang Resort will transform Tropicana Cenang into a high-end seafront resort-living lifestyle mixed development The 350-room hotel, Wanda Realm Resort Langkawi will be managed by Wanda Hotels & Resorts, a […]
Panda Bomb (Phenomenons – Riverside Lass by Noalcoholic) heads an elite field of three-year-olds in the RM200,000 Malaysia 3YO Championship Final to be run over 1200m at Selangor Turf Club this Saturday, 15 July 2017. The Australian gelding finished third in the first heat in Ipoh on 21st May, before winning the final and third […]
World War 3: US Must Rid North Korea of Nuclear Weapons North Korea is accelerating its drive to acquire a nuclear-armed missile capable of threatening the United States and other nations, and the US regards this as a “clear and present danger,” US Defense Secretary Jim Mattis said Saturday. Speaking at an international security conference […]
Irresponsible Economists make Wildly Exaggerated Calls for Global Recession The US is decisively in a growth rate cycle upturn, which began last year just after the Presidential election. Very savvy BCA Research Chief Economist Martin Barnes and ECRI Co-founder Lakshman Achuthan provided an outlook of the US economy that surely contradicts the consensus sentiment of […]
YTL Corporation Bhd (KLSE:YTL) Dispute Settled TNB settles dispute with YTL Power Tenaga inks new deal with YTL Power YTL Power impasse ends TNB signs new deals to extend YTL Power’s Paka plant ops YTL Hotels launches new direct booking portal YTL Corporation Berhad is a Malaysia-based investment holding and management company. The Company’s segments […]
CIMB Group Holdings Bhd (KLSE:CIMB) HEFFX Highlights Malaysia’s CIMB to aid Belt and Road financing CIMB Adds Seven Hires at Singapore Private Bank CIMB to get earnings boost from CIMB Niaga CIMB Niaga’s Q1 net profit up 138% CIMB sees better times ahead after clearing provision burden CIMB Group Holdings Berhad is a Malaysia-based provider […]
AirAsia Berhad (KLSE:AIRASIA) Malaysian Tourism on the Rise Tourism Malaysia and AirAsia to promote tourism AirAsia to launch China joint venture Air Asia signs deal to launch new low-cost carrier in China AirAsia X dedicates aircraft to remember late COO AirAsia links up Sihanoukville with Kuala Lumpur Intense turbulence injures five on AirAsia flight AirAsia […]
Malaysia Airports Holdings Berhad (KLSE:AIRPORT) HEFFX Highlights Turkey’s TAV mulls bid for stake in Malaysia Airports unit Malaysia Airports said to plan stake sale in Istanbul airport A Malaysian Airports Customs official shows seized endangered ploughshare and radiated tortoises Alibaba Is Betting Big On Malaysia Malaysia projected to receive three million China tourists in 2017 […]
Doing Business in Asia Requires Expertise There is no reason to compromise high standards when it comes to production and/or personal interactions, Harmony is Key. This is an outline some of HeffX’s expertise in Asia business dealings. Whether you operate in the businesses of manufacturing, services, or in the for-profit education industry arenas, growth brings opportunity. […]
Malaysia is a highly open, upper-middle income economy. Malaysia was one of 13 countries identified by the Commission on Growth and Development in its Growth Report to have recorded average growth of more than 7 percent per year for 25 years or more. Economic growth was inclusive, as Malaysia also succeeded in nearly eradicating poverty. From an economy dominated by […]