CIMB: Seeing a silver lining on the infra side?

YTL's 1Q18 core net profit made up 20-23% of our and consensus’ full-year numbers. The results were broadly in line as we expect better quarters ahead. We believe the worst is over for the share price, upgrade to Add with a higher Target Price of RM1.48.

YTL Corp Records 1st Quarter Revenue of RM3.9 Billion (US$940 Million) & Profit of RM310 Million (US$74 Million)

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group’s financial performance for the first quarter of the 2018 financial year saw a 12.5% increase in revenue to RM3.9 billion, with pr...

YTL Power International Berhad's Tan Sri Francis Yeoh is 2017's CEO of the Year

Tan Sri Francis Yeoh is the managing director of YTL Group of Companies. He took over the running of his family company in 1988 and grew it into a multi-disciplinary conglomerate comprising five listed entities: YTL Corporation Berhad, YTL Power International Berhad, YTL Land & Development Be...

YTL Hotels' Monkey Island Estate, Bray to open early 2018

In Spring 2018, YTL Hotels UK’s newest property Monkey Island Estate will open in the historic village of Bray-on-Thames, Berkshire. The island, with an intriguing history dating back 800 years, has been the haunt of monarchs, aristocrats and artists, along with writers, famous performers a...

Gov't to extend ERL's 30-year concession contract for another 30 years

The government has extended the 30-year concession contract of Express Rail Link (ERL) for another 30 years, the Dewan Rakyat was told.

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Singapore investors making foray into Irish property

Commercial real estate there drawing interest due to chronic undersupply and rising rents post-Brexit.

En bloc veteran Karamjit Singh launches Showsuite

He believes new portal will transform how new homes are presented, marketed and sold.

Bubbles, bonds, banks and Bitcoin

Inflation is the main concern. But Schroders fund manager says as long as there's an upside surprise in prices based on strong growth, then it's not necessarily a bad thing.

Your loss is your problem, China tells small investors as it tightens money rules

High-risk, high-return, yet state-protected products have warped prices and bred complacency.

China tech giants join global elite via gamers and shoppers

Powered by Chinese smartphone users splurging billions on mobile games and online shopping, China’s tech giants Tencent and Alibaba are racing up the elite league of the world’s most valuable companies.

KKB eyes Sabah portion of highway

KKB Engineering Bhd, a key beneficiary of the Sarawak portion of the Pan Borneo Highway project, is eyeing to supply steel-related products for the Sabah portion of the biggest infrastructure plan.

No naughtiness, please

We should respect women at all times and in all places, not just during short-term campaigns.

A night in a kongsi

The night is warm when we visit Jamal (not his real name) at his kongsi, a local term for the makeshift housing given to construction workers.

Innovation and traditional strengths key to Singapore's role in China's Belt and Road Initiative

There is a palpable buzz to the innovation scene in China, and opportunities are growing for Singaporeans to learn from and collaborate with their Chinese counterparts, Minister for Finance Heng Swee Keat said on Sunday (Nov 26).

Tens of Thousands Stranded as Bali Volcano Closes Airport

Authorities ordered a mass evacuation of people Monday from an expanded danger zone around an erupting volcano on Bali that has forced the Indonesian island's international airport to close, stranding tens of thousands of travelers.

Brexit Spurs European Banks to Trim Exposure to U.K. Assets

Banks' U.K. assets decline by $425 billion in year since vote. Shift driven by 35% drop in exposure to U.K. derivatives.

Alibaba bets $2.9 billion on China's top hypermarket player

Alibaba Group Holding Ltd. agreed to buy a stake in China’s largest operator of Wal-Mart-style hypermarkets for about $2.9 billion, making its latest bet on the evolution of brick-and-mortar retail.

Flat tire? China bike sharing boom shows signs of strain

China’s bike sharing bubble is showing signs of strain, after the country’s third largest firm said it was going under.

Malaysia's Q3 GDP growth rate among the highest in Asia

Malaysia’s economic growth during the third quarter of this year is among the fastest in the Asian region, said Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan today.

Economy grew 6.2% in Q3, fastest rate since Q2 of 2014

Malaysia’s economic growth continued to surprise on the upside, with the gross domestic product (GDP) expanding 6.2% in the third quarter of 2017, beating the median estimate of a 5.7% by 19 economists polled by Bloomberg.

Will policymakers listen this time around?

SCIENTISTS say, despite knowing enough about climate change, humankind is failing to turn the tide on climate change and the window of opportunity is fast closing. The sooner politicians listen to science, the faster they can commit to cutting global carbon

Building a modern economic system

Crucial steps are needed to capitalize on China's success and transform the nation for a greener and brighter future

We must protect and conserve our resources

2020 is the year Malaysia is expected to be in the exclusive club of developed nations. There is much economic statistics that can be used as a yardstick to measure our achievements.

Aiming for a violence-free society

THERE is no other way to describe the Las Vegas mass shooting — it was a massacre. The incident, which defied all logic, was simply a senseless loss of 59 innocent lives.

Uber IPO 'target' is 2019: CEO

Uber is on track for a 2019 public stock offering and the plan is not dependent on new funding from Japan's SoftBank, the global ride-sharing giant's CEO said Thursday.

Trump prods Xi to work 'hard' and fast on North Korea

Donald Trump showered Chinese leader Xi Jinping with praise during talks in Beijing Thursday, but prodded his host to work fast to help resolve the North Korean nuclear crisis, warning "time is quickly running out".

Take advantage of APEC meet to address geo-political issues plaguing the region, says Najib

Prime Minister Datuk Seri Najib Razak has called on world leaders from the 21 members of the Asia-Pacific Economic Cooperation (APEC) to take advantage of the summit in Vietnam, to determine collective actions on a raft of geo-political issues plaguing the region.

Take a bite, Luis Suarez is Malaysia's new international tourism face

Striker extraordinaire and Barcelona forward Luis Suarez, will be the new face of Tourism Malaysia to promote the country among millennials.

Broadcom uses tactic from 80s to sell Qualcomm offer

Broadcom Ltd is using a tactic popularised by corporate raiders in the 1980s to convince Qualcomm Inc and its shareholders that it has the means to complete the biggest tech deal ever.

Apple's tax avoidance plan laid bare

Apple shifted much of its offshore wealth from Ireland to a tax haven in the British Isles, according to a review of leaked Paradise Papers documents.

Suspend Some of Pacific Trade Pact to Save It, Malaysia Says

TPP may not need to be renegotiated: Trade Minister Mustapa. Trade ministers to present TPP plan at APEC in Vietnam.

China's skyline shopping spree in heart of Hong Kong

Chinese investors' penchant for Hong Kong real estate is well-known and as they take aim at the city's most prestigious buildings and office space, mainland cash is driving one of the world's priciest markets to break new records.

Durian is the most searched word on, says Ahmad Maslan

Durian and its by-products rank number one among searches by consumers from China on

Got climate questions? Climate Watch has answers

NEGOTIATORS and stakeholders headed to Bonn, Germany, for this week’s United Nations climate summit, continue to confront a range of questions surrounding one essential query: How do we meet the imperative to lower greenhouse gas emissions now — quickly — to minimise the most se...

Prince Charles' visit boosts Malaysia, UK relations

THE visit to Malaysia as part of an Asian tour and the longest of all the stops by Prince Charles, the Prince of Wales, and his wife, Camilla, the Duchess of Cornwall, reflect the long-running and meaningful ties enjoyed by both countries.