Business

Tan Sri Liew Kee Sin, Chairman of Eco World Development Group Bhd and Mr Liew Tian Xiong, Executive Director of Eco World Development Group Bhd.

The debate on Liew

Entrepreneur who drives the smaller Eco World group is still a much talked-about figure in corporate world

Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar (left) and Malakoff chairman Tan Sri Syed Anwar Jamalullail at the prospectus launch recently.

Most powerful IPO this year

FOR an initial public offering (IPO) that looked like a tough sell early on, the appetite for Malakoff Corp Bhd’s issue has grown significantly strong.

Monday’s SME Biz focuses on career change, Branson’s well-being metrics

In Monday’s SME Biz: IT manager takes plunge into fish breeding and Richard Branson talks about well-being metrics and the advent of big data analytics.

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A GST notice is displayed at a supermarket in Shah Alam. Do expect the Government to continue broadening the GST base in the coming years – first by removing the exemption from the long list of exempted products and then when it is not able to balance its budgets again, to raise the percentage on a gradual basis. — EPA

GST – show me the money, show us our money

On Your Own - By TAN THIAM HOCK
Why am I not surprised that the furore of the goods and services tax (GST) debate has now moved to the service tax? GST is a new tax. Service tax has been around for umpteen years and never disputed as consumers have a choice.

25 April 2015 | 12:00AM |

GST

Brent at 4-1/2 month high; US crude up for sixth week

NEW YORK: Oil prices diverged on Friday, with Brent hitting 4-1/2-month highs on continued fighting in Yemen as U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains.

25 April 2015 | 7:13PM |

Oil & Gas

Greece not playing a game of chicken on debt

NEW YORK: Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece's economy, which faces the prospect of running out of money if it cannot agree to new bailout terms with creditors.

25 April 2015 | 7:16PM |

Government

Like shale oil, solar power is shaking up global energy

SINGAPORE/TOKYO: One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialised nations. With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative.

26 April 2015 | 1:55PM |

Corporate News

Supermax to score first with new contact lens operations

KUALA LUMPUR: Supermax Corporation Bhd’s new RM65mil contact lens business, expected to be launched in the third quarter of this year, is set to make the group the first Malaysian-owned brand manufacturer (OBM) for the product globally.

25 April 2015 | 12:00AM |

super

Why Malaysians rejected proposed EPF withdrawal age

The Prime Minister Datuk Seri Najib Tun Razak made an announcement that had many Malaysians let out a sigh of relief. The hotly debated Employees Provident Fund’s (EPF) proposal of raising the full withdrawal age from 55 to 60, had many Malaysians worried.

26 April 2015 | 2:04PM |

Personal Finance

Cuts to pay and perks trigger flight from China's state bank

SHANGHAI/HONG KONG: Bankers at China's top state lenders are quitting in increasing numbers because of cuts to their pay and perks, and moving to a new breed of financial firms such as leasing companies, trusts and online platforms, bankers and headhunters say.

26 April 2015 | 1:57PM |

Banking

Like shale oil, solar power is shaking up global energy

SINGAPORE/TOKYO: One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialised nations. With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative.

26 April 2015 | 1:55PM |

Corporate News

Ruthless VW patriarch Piech overplays last hand

FRANKFURT: Ferdinand Piech's iron-fisted rule over Volkswagen helped him build an empire spanning fuel-efficient city cars to 40-tonne trucks, but in the end he overplayed his hand and was forced out before reaching his goal of making VW the world's biggest carmaker.

26 April 2015 | 1:52PM |

Automotive

Alibaba, China Telecom tie up to sell phones

SHANGHAI: Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.

25 April 2015 | 7:18PM |

Corporate News

Greece not playing a game of chicken on debt

NEW YORK: Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece's economy, which faces the prospect of running out of money if it cannot agree to new bailout terms with creditors.

25 April 2015 | 7:16PM |

Government

Brent at 4-1/2 month high; US crude up for sixth week

NEW YORK: Oil prices diverged on Friday, with Brent hitting 4-1/2-month highs on continued fighting in Yemen as U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains.

25 April 2015 | 7:13PM |

Oil & Gas

Eduspec to venture into Asean

ONE of the more unique education stocks listed on Bursa Malaysia is Eduspec Holdings Bhd. While it is serving the education sector, it is classified as a technology counter on the ACE Market.

25 April 2015 | 12:00AM |

Eduspec Holdings Bhd

Oil price fall impact on EPF limited

KUALA LUMPUR: The decline in oil prices has had a “limited” impact on the portfolio of the Employees Provident Fund (EPF), said chief executive officer Datuk Shahril Ridza Ridzuan.

25 April 2015 | 12:00AM |

epf

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