Business Blog

What to watch for - Malaysia's 2015 budget

Malaysia's Prime Minister Najib Razak will present the government's annual budget for 2015 on Oct 10. Below are some items expected by analysts, compiled from research notes and media reports.

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CORRECTED-UPDATE 2-CIMB, two smaller lenders agree to create Malaysia's biggest bank -sources

(Corrects to add dropped word 'not' in paragraph 7) * Proposals have been submitted to the central bank -sources * Deal will involve share swap between CIMB and RHB -sources * Islamic banking arms of CIMB, RHB may merge with MBSB -source By...

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Poland lifts travel ban on its citizens to Egypt

Poland has lifted travel ban on its citizens to Egyptian tourist resorts in Hurghada, Sharm El Sheikh, El Gouna, Safaga, Marsa Alam.

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CIMB, two smaller lenders agree to create Malaysia's biggest bank -sources

Malaysia's CIMB Group Holdings and two smaller domestic lenders have agreed to create the country's biggest banking group, with deal terms set to be worked out over the next year, sources said.

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Gearing for Expo 2020: DPG sets 2017 deadline for completion of 40 hotels

All the buyers of the 40 hotel plots sold by Dubai Holding have been given the deadline to complete their project by 2017, a senior Dubai Properties Group (DPG) executive has revealed.

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Meraas to connect 3 Jebel Ali theme parks through Riverpark

Dubai Parks & Resorts, a subsidiary of Meraas Holding, on Wednesday announced plans for Riverpark, an entrance plaza that will interconnect Motiongate Dubai, BollywoodPark Dubai and Legoland Dubai, the three theme parks in the first phase of the master development in Jebel Ali.

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