Cut in car import duties

On another note, Minister in the Prime Minister's Department and Pemandu chief executive officer Datuk Seri Idris Jala, who also spoke at the briefing, said the KL-Singapore high speed rail (HSR) would consist of two services - the express city-to-city and transit service.


Contestants showcase creative shots in Valentine’s Day contest

YTL marketing vice-president Koay Chee Keong said the photos were judged based on the quality and creativity of the photos and captions as well as the originality of the entries.

Malaysians stand proud of 'Pi'

Rhythm And Hues proudly put Malaysia's stamp on Oscar-winning Life Of Pi.

Tangible economic benefits from HSR

Malaysians and Singaporeans making more frequent trips across the Johor Straits will aid the economies of both countries. So when it was announced that the Governments of Malaysia and Singapore have given the high speed rail (HSR) between Kuala Lumpur and Singapore the go ahead and to be ready by...

Real rail for Batu Pahat

In all likelihood, the proposed high-speed rail project that is expected to be commissioned by 2020 would not have gone to the drawing board if Prime Minister Datuk Seri Najib Razak and his Singapore conterpart Lee Hsien Loong had not been bold and courageous enough to resolve a contentious issue...

Abduction survivor creates phone tool for personal safety

Although former Internet marketeer Chin Xin-Ci has recovered physically from her near abduction, the emotional scars are taking longer to heal.

Room for competent bumiputera companies

If there is such a thing as a Petronas ‘agenda’ for the bumiputera community, then it is aimed at creating genuine bumiputera companies that are resilient and able to compete in the tough environment of the oil and gas industry.

Petronas to supply gas below market price

The government has given Petroliam Nasional Bhd (Petronas) the green light to implement a two-tier pricing mechanism for natural gas that will help resolve the country’s growing gas woes.

Don’t be trapped in time warp

IN the late 1990s, YTL Corporation mooted a highspeed rail (HSR) project linking Kuala Lumpur to Singapore. If it had taken off, the service would have been just as popular as the Ekspres Rail Link that connects Kuala Lumpur International Airport (KLIA) to KL Sentral, a project jointly built by M...

Three bid for high-speed train project

The much anticipated high-speed rail (HSR) project has attracted three proposals, including one from UEM Group Bhd-Ara Group, which are seen as the early favourite.

Ah, the joys of speedy train travel

WHEN Eurostar started its service in 1994, some English people were aghast at the thought of the French descending on us in droves. I trust the French shared the  sentiment.

A rail boost for property prices

Kong expects areas surrounding the stations, rail line, to see greater development

Five stops for KL-Singapore rail

Five towns in Malaysia have been earmarked as “stop stations” in the initial plan for the proposed high-speed rail link connecting Kuala Lumpur and Singapore.

'There's no illegal logging in Lojing'

Rampant jungle clearing, hill cutting and river pollution covering massive areas of the Lojing Highlands have continued unabated, a New Straits Times aerial survey revealed.

Lee complains to Minority Shareholder Watchdog Group on Bushon's CHGS land ownership

Tan Sri Lee Kim Yew, the founder of the Country Heights Grower Scheme (CHGS), has issued a complaint letter to the Minority Shareholder Watchdog Group (MSWG) after discovering that its chief executive officer, Rita Benoy Bushon, held eight plots of land under the scheme.

Trading of Sunway REIT suspended

Trading in the securities of Sunway Real Estate Investment Trust (Sunway REIT) was suspended yesterday to facilitate the bookbuilding process under its placement exercise, said the manager of the REIT in a statement issued by RHB Investment Bank Bhd.

RM1.36 trillion revenue for top 200 firms

MALAYSIA’S top 200 companies earned a total of RM1.36 trillion in revenue last year and net profit amounted to RM163 billion, said credit management company DP Information Group managing director Chen Yew Nah yesterday Of the 14 sectors considered, she said the four strongest sectors of pet...

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Malaysian equities continue to correlate with upcoming GE13 and Market sentiment growing 'stronger'

The firm suggested six stocks it deemed worth buying namely YTL Corp Bhd, IHH Healthcare Bhd, IOI Corp Bhd, Cimb Group Holdings Bhd, Gamuda Bhd and AirAsia.

At 5pm yesterday, the FBM KLCI rose 5.27 points to settle at 1627.35 points, led by gains in Telekom Malaysia Bhd, YTL Corp Bhd, a...

Travellers laud fast rail option to KL

The proposed high-speed rail link between Singapore and Kuala Lumpur has put a smile on the faces of frequent travellers who say it will save them significant time and possibly money.

Dr Lee Der Horng a transport researcher at the National University of Singapore said the fares for high...

YTL Corp Advances to Two-Week High After Quarterly Profit Gains

YTL Corp Bhd’s first half net profit ended Dec 31, 2012 rose 33.8% from a year ago to RM654.4 million, while revenue grew 3.3% to RM10.19 billion. YTL Corp Bhd added 10.56% in net profit to RM262.5mil in the second quarter boosted by earnings from its utilities business.


High-speed rail a 'game changer'

At a joint press conference yesterday, Mr Lee said the high-speed rail link will be a “strategic project for the two countries” as it will allow people in two cities to see themselves as “one virtual urban community”, citing the example of London and Paris, which are linke...

Malaysia first to adopt global prizewinner called Frog

More than 10,000 Malaysian government schools are being equipped with the Frog VLE (Virtual Learning Environment) and 4G Internet connectivity under the 1BestariNet project, which is being carried out by YTL Communications and FrogAsia of the YTL Group, according to a statement from event co-orga...

YTL Corp Q2 earnings advance 10.6%

YTL Corp Bhd added 10.56% in net profit to RM262.46mil in the second quarter for the period ended Dec 31, 2012, from RM237.38mil, contributed mainly by its property investment and development, and hotel divisions.

YTL Corp Records Half-Year Revenue of RM10.2 Billion (US$3.3 Billion); Net Profit Grows 34% to RM654 Million (US$212 Million)
15% Interim Dividend Declared

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group has achieved another strong quarter, with revenue topping RM10 billion for the half-year. Anchored by our water and sewerage operations ...

Hot Stocks: YTL, IJM, Gamuda, MMC stir after KL-Sing rail news

YTL Corporation Bhd, IJM Corporation Bhd, Gamuda Bhd and MMC Corporation Bhd stirred in early trades following the news that Malaysia and Singapore have agreed to build a high-speed rail (HSR) linking the city-state and Kuala Lumpur. At about 10.30 am today, YTL Corporation Bhd rose 4 sen or 2.5%...

YTL's Starhill windfall after 10% rent hike at Ngee Ann City

YTL's Starhill Global Reit is set to receive about $3.8 million in rental arrears, a substantial portion of which will be paid out to unitholders, the trust management said yesterday.

"We are pleased with the result of the rent review for ...

Rent at Ngee Ann City up 10%

At the close of the rent review process yesterday, the manager, YTL Starhill Global Reit Management Limited, said the new rental rate is effective for the term starting June 8, 2011. "The new rate was based on the average of three market rental va...

YTL's SGREIT secures 10.0% rent increase for the master lease with Toshin in Ngee Ann City

Mr Ho Sing, Chief Executive Officer of SGREIT, said, “We are pleased with the result of the rent review for the period up to 8 June 2013, which reflects the premium location and prestigious asset quality of Ngee Ann City. Our master lease wi...

Prime Minister Datuk Seri Najib Tun Razak graces YTL’s CNY Open House

The YTL Family ushered in the Year of the Snake in grand style at their Chinese New Year Open House which was held recently at the JW Marriott Hotel Kuala Lumpur. This annual event was nothing short of spectacular with the country’s leaders,...

Industry leading status for Wessex Water

WESSEX Water has achieved ‘industry leading’ status in the latest business report compiled by the Environment Agency.

YTL Corp tops list as non-GLC company with highest revenue in 2012

YTL Corp takes the top spot as the largest non-GLC company in the list with a revenue of RM18.35 billion and a net profit of RM1.84 billion.

The YTL Group's portfolio of businesses spans across Asia -Pacific and Europe with core activities...

Asset sale a positive move: OCBC prompts BUY call on YTL's SGREIT with Target Price of S$0.95

YTL's Starhill Global REIT (SGREIT) announced that it had divested its entire interest in the Roppongi Primo Building in Tokyo, Japan for JPY700.0m (~S$9.5m). The transaction was done at a sale consideration equivalent to the latest independent va...

A Perennial Feast: A Lifetime of Celebration

YTL Hotels recently launched its much anticipated coffee table book at an intimate event at Starhill Gallery. Remaining true to its philosophy of crafting inspired experiences, the book, A Perennial Feast, is a feast for the eyes as it showcases t...

Riding on positive reversions: DBS maintains ''BUY'' call on YTL's Starhill Global REIT with Target Price of S$0.89

Maintain BUY at a higher S$0.89 TP. Our TP is raised to $0.89 as we factor in the acquisition of Perth Arcade, higher reversionary rents for SG portfolio and assume conversion of CPU. Upside could come from one-off accumulated arrears in rents fro...

Yes and Konsortium Transnasional Berhad Improve CNY Travel with Yes 4G WI-FI Service Onboard Selected Nice & Plusliner Buses

“Konsortium Transnasional Berhad provides all its passengers with comfort, performance and speed, and the performance and speed of the constant Yes 4G connectivity aligns perfectly with our mission. We chose Yes because of their extensive 4G...

YTL-SV Carbon CEO Ralph Dixon on the systemic crisis in the carbon trading industry

Ralph Dixon is the CEO of YTL-SV Carbon, a leader in the carbon consulting industry in Asia, and Director of Environmental Investments at YTL Corporation Bhd. He spoke with The Prospect Group about the role YTL-SV Carbon plays in reducing carbon f...