Expert: GST to have mininal impact on property sector

KUALA LUMPUR: The goods and services tax (GST) is expected to be a mere blip on the property sector, with a rise of not more than 3% to 4% in terms of property prices, according to property consultancy Rahim & Co executive chairman Tan Sri Abdul Rahim Abdul Rahman.

AmBank's MD Ashok to step down

PETALING JAYA: AMMB Holdings Bhd (AmBank Group), which has been reported to be going through a change at the helm of its management, said that group managing director (MD) Ashok Ramamurthy (pic) would be stepping down as part of a planned transition at the banking group.

Misif urges Govt to lower electricity tariffs

PETALING JAYA: The Malaysian Iron and Steel Industry Federation (Misif) has urged the Government to lower electricity tariffs so that Malaysia can avoid losing its competitive edge in Asean and global markets.

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M'sian ringgit hit by S'pore easing monetary policy

PETALING JAYA: The ringgit has become an unwitting casualty of Singapore’s surprise easing of its tightly controlled monetary policy, as the country joined a growing list of central banks around the world taking extraordinary steps in shoring up faltering economic growth as inflation slows.

29 January 2015 | 12:00AM |


China's new tech rules play to local firms' strengths

Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from US business groups.

30 January 2015 | 1:08PM |

Foreign News

KLCI edges up 2 points; GenM, Maybank lift

KUALA LUMPUR: The KLCI edged up close to 2 points at midday on Friday after losing 21 points in the previous four days of trading, with Genting Malaysia and Maybank helping the market along.

30 January 2015 | 1:05PM |


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