Deposit growth slows, suggesting strong inflationary pressures

The slowing deposit growth in the country to an almost three-year low is reflective of the environment of rising costs that has been building up.

Short-term setback: Industry players expect crude palm oil (CPO) prices to pick up soon as there is healthy demand for the vegetable oil.

Pick-up in CPO prices expected in 2015

At The Star Roundtable on Palm Oil 2014 held at Menara Star in Petaling Jaya recently, The Star specialist editor M. Shanmugam and deputy news editor Hanim Adnan led the discussion joined by IOI Corp Bhd CEO Datuk Lee Yeow Chor, Malaysian Palm Oil Council CEO Tan Sri Dr Yusof Basiron, Genting Plantations Bhd president and chief operating officer Yong Chee Kong, IJM Plantations Bhd chief executive officer and managing director Joseph Tek, and Sarawak Oil Palm Plantation Owners Association chairman Paul Wong.

Tan Sri Ong Leong Huat

OSK-PJD merger will result in a developer worth over RM3bil

IN a move to join the big boys in the property sector, Tan Sri Ong Leong Huat has embarked on a plan to merge OSK Property Holdings Bhd (OSK Prop), PJ Development Holdings Bhd (PJD) and OSK Holdings Bhd.

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A crowd of potential house buyers at a PR1MA property launch recently. HBA urges the Government to build the right number at the right location, for the right population, at the right price and with the right type.- Bernama

First-time house buyers to gain

Buyers Beware - By CHANG KIM LOONG
HBA is happy that more affordable homes are to be built under Budget 2015 and DIBS ban stays.

25 October 2014 | 12:00AM |


10 stocks to watch in 2014

IT’S the start of the new year and investors get the chance to make their own choices on what stocks to buy.

4 January 2014 | 12:00AM |


Bonia Corp incorporates new subsidiary

KUALA LUMPUR: Bonia Corp Bhd has incorporated a subsidiary in Malaysia, Podium Retail Sdn Bhd, to carry out supply, retailing and dealing with fashionable goods, accessories and beauty products.

7 May 2014 | 3:21PM |

GST impact on palm oil

TRADITIONALLY, crude palm oil (CPO) has been subject to taxes. Come April 1, 2015, we will have the 6% goods and services tax (GST). What are your thoughts on this?

25 October 2014 | 12:00AM |

Palm Oil

1MDB appoints Mohd Hazem as CEO & MD

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has appointed Mohd Hazem Abd Rahman as managing director and CEO, confirming a StarBiz report.

26 March 2013 | 12:00AM |


AP policy in doubt

MORE questions than answers have cropped up following the recent National Automotive Policy (NAP) announcement, now that the abolishment of the Approved Permits (APs) seems to have been put on the backburner pending an in-depth study after Chinese New Year.

25 January 2014 | 12:00AM |


Analysts believe mega bank merger could get enough votes

PETALING JAYA: Even with Bursa Malaysia barring the Employees Provident Fund (EPF) from voting for the mega banking merger involving CIMB Holdings Group Bhd, RHB Capital Bhd and Malaysian Building Society Bhd (MBSB), analysts opine there is still a possibility of securing the required threshold level of 50% plus 1 share to approve the deal, .

24 October 2014 | 12:00AM |


FGV shies away from NBPOL

FELDA Global Venture Holdings Bhd (FGV), which was reportedly looking to outbid Sime Darby Bhd for a takeover of New Britain Palm Oil Ltd (NBPOL) is now becoming increasingly lukewarm to that idea, sources say.

25 October 2014 | 12:00AM |

Palm Oil

Unitar International University, which is part of Ekuinas' education arm, the Ilmu group. Ekuinas is preparing Ilmu for a Bursa listing in 2016.

Ekuinas: New allocation justified

EKUITI Nasional Bhd (Ekuinas) stands out as the only private equity fund to be given a handsome allocation in Budget 2015. The RM600mil allocation adds to the RM2.4bil that has to date been allocated to it.

25 October 2014 | 12:00AM |


Istanbul Sabiha Gokcen International Airport will be the largest contributor in terms of revenue from the overall international operations of MAHB.

MAHB sees 30% more contribution from ISG

SEPANG: Malaysia Airport Holdings Bhd (MAHB) expects an additional 30% contribution to its revenue from the Istanbul Sabiha Gokcen International Airport (ISG) acquisition, which is expected to be completed next year.

25 October 2014 | 12:00AM |


Qantas aircraft on the tarmac at Sydney's International Airport. The carrier's passenger loads and profitability were up both domestically and internationally in the first three months of its current financial year. - AFP

Qantas makes turnaround

SYDNEY: Qantas Airways Ltd said it had returned to underlying profitability in the first three months of the financial year, as it benefited from its strategy of containing seating availability to drive up fares.

25 October 2014 | 12:00AM |


Kulim’s transformation

WITH its declaration that it is earmarking RM1bil for dividend payments and a further RM850mil for acquiring new businesses, clearly a transformation is taking place at plantation company Kulim (M) Bhd.

25 October 2014 | 12:00AM |


Perak Corp may abort SCR

PETALING JAYA: Perak State Development Corp (PKNP) and parties acting in concert that are seeking to take Perak Corp private have requested the latter to withdraw the proposed selective capital reduction (SCR) and repayment exercise at RM3.90 per share, subject to the Securities Commission’s approval.

25 October 2014 | 12:00AM |

Perak Corp

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