Prinsiptek expects better earnings beginning 2HFY15

KUALA LUMPUR (June 1): Prinsiptek Corp Bhd — which saw a 64% plunge in its latest quarterly net profit — is expecting better earnings from the second half of this year ending December (2HFY15) on progressive billing and revenue recognition from its construction and property projects, said managing director Datuk Foo Chu Jong.

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Retail market to slow into 2015

KUALA LUMPUR (May 16): The retail market will see a continuous slowdown due to weakened market sentiment caused by the recently implemented Goods and Services Tax (GST), said Savills Malaysia managing director, Allan Soo.

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