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Tan: Group on the right track

7 June 2014

AFTER six months as managing director and CEO of IHH Healthcare Bhd, Dr Tan See Leng (pic) says the group is on the right track for expansion. In an interview with StarBizWeek in Kuala Lumpur, Tan spoke of IHH’s experiences in Turkey and dealing with human resources issues: Below are excerpts of the interview:

IHH maintains healthy gains

7 June 2014

DESPITE being one of the largest hospital groups in the world, IHH Healthcare Bhd has an insatiable appetite for growth.

Eye on stock

7 June 2014

PELIKAN International Corp Bhd (Pelikan) was last highlighted in StarBiz under the SupportLine column on May 8, while it was trading at the 93-sen level

Key index sliding out of uptrend position

7 June 2014

A fresh all-time closing highs in overnight Dow the previous Friday, combined with the release of official data on Sunday, showing Chinese business activity expanded at its fastest pace in five months in May, set the stage for a positive start to the week for stocks at home.

Global forex market

7 June 2014

AS widely expected, the European Central Bank cut the refi rate by 10 basis points to 0.15% – a negative deposit rate, a targeted long-term refinancing operation with conditions designed to channel credit to non-financial public sector and to intensify preparatory work on outright purchase in the asset-backed securities (ABS) market but not everyone is pleased.

Two-year term for CRM council members

7 June 2014

STAR Radio Group chief operating officer Kudsia Kahar (pic) retained her post as Commercial Radio Malaysia (CRM) president after council members unanimously agreed to extend the term of the office bearers to two years at its recent AGM.

MSA: Crucial to develop measurement techniques

7 June 2014

THE next major challenge for the media specialist industry may be to develop the right measurement and data analysis techniques for marketers, says Media Specialists Association’s (MSA) newly re-elected president Girish Menon.

The challenges facing the logistics industry

7 June 2014

THE logistics industry in Malaysia should prepare itself for some dramatic changes in the way products are handled, stored and transported when permissible carbon footprints on products traded across borders become mandatory. With various strong global initiatives on sustainability under way, it may not be too long before our exports which do not tally up the right carbon footprints will not be allowed to be traded across borders.

Ensure objectivity in MRT development

7 June 2014

WHICH organisation will be the most suitable operator of the mass rapid transit (MRT) system?

ECB hurls cash at eurozone economy

7 June 2014

THE European Central Bank (ECB) has cut interest rates to record lows, launched a series of measures to pump money into the sluggish eurozone economy, and pledged to do more if needed to fight off the risk of Japan-like deflation.

New MAHB chief seeks win-win outcome

7 June 2014

KUALA LUMPUR: The incoming chief of Malaysia Airports Holdings Bhd (MAHB) says he looks forward to working with the airport operators’ clients to achieve win-win for all.

Destini to buy rest of boat maker

7 June 2014

PETALING JAYA: Destini Bhd is planning to acquire the balance 49% stake in Vanguard Composite Engineering Pte Ltd from Ng Tuck Whye for RM26mil to be settled via the issuance of 40 million new Destini shares at 65 sen each.

MASkargo CEO resigns

7 June 2014

KUALA LUMPUR: Mohd Yunus Idris has resigned as MASkargo Sdn Bhd chief executive officer, effective June 10.

Public Bank gets nod for rights issue

7 June 2014

KUALA LUMPUR: Public Bank Bhd shareholders have approved the proposed rights issue of 350.21 million new shares to raise gross proceeds of RM4.83bil.

RHB Banking Group expands into Laos

7 June 2014

KUALA LUMPUR: The RHB Banking Group has extended its regional presence with the establishment of RHB Bank Lao Ltd in Vientiane, Lao PDR.

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