Business

Yap putting together a miniature airport diorama. Yap says the business will be moving to a larger premises to accommodate larger displays.

Taking flight with miniatures

While many boys grow up dreaming of airplanes, few actually end up running a business selling model aircraft.

Public Bank earnings up 13.8%

KUALA LUMPUR: Public Bank Bhd’s net profit jumped 13.8% to RM1.19bil for the third quarter ended Sept 30 from RM1.04bil achieved a year ago while revenue rose 117.7% to RM4.32bil against RM3.87bil previously.

Gear head: The writer and her restored Porsche will be taking part in the Asia Klasika Motor Festival 2014 at the end of this month.

Thrilling experience of breathing new life into classic cars

Restoring retro items is the craze these days that TV stations have jumped on with programmes featuring collectors and hobbyists spending their hard-earned money and time to restore obsolete items such as refrigerators, telephone booths, gramophones and even locomotives!

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Is the list of GST zero rated-items too many to manage?

PETALING JAYA: After the Government finally unveiled the long-awaited list of zero-rated and exempted items under the Goods and Services Tax (GST) on Monday, questions are now arising over whether the list is too long for it to manage.

15 October 2014 | 12:00AM |

Stocks

RM1bil in dividends from NBPOL stake sale

KUALA LUMPUR: Kulim (M) Bhd will pay RM1bil in dividends from the proceeds arising from the sale of its 48.97% stake in New Britain Palm Oil Ltd (NBPOL) to Sime Darby Bhd. This works out to 78 sen per Kulim share.

24 October 2014 | 12:00AM |

Palm Oil

As China's economy growth slows from nearly three decades of breakneck expansion, other Asian economies – like South Korea, Singapore and Indonesia – are also expected to be affected in 2015, a Reuters poll of economists predicts - AFP Photo.

Asia economic growth to languish as China slows

BANGALORE: Emerging Asia will contribute less to the global economy in 2015 than was expected just months ago as a slowdown in China drags on growth in the region, partially offset by acceleration in the US, Reuters polls suggested.

24 October 2014 | 4:07PM |

Economy

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 |

Banking

Budget 2015: Income tax waiver for 300,000

The Government has reiterated its commitment to cut income taxes by between 1% to 3% for the 2015 year of assessment, meaning some 300,000 individual taxpayers will no longer pay income tax.

11 October 2014 | 12:00AM |

income tax

Lynas raises capital

MELBOURNE: Just one third of new shares offered by Lynas Corp Ltd in an effort to raise A$71mil have been taken up by its shareholders.

24 October 2014 | 12:00AM |

lynas

Aabar Investments wants hefty premium for RHB Cap stake

DUBAI/KUALA LUMPUR: Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's No.4 bank, sources say, as the Abu Dhabi state fund leverages on its amplified role in a US$22bil merger that will create Southeast Asia's fourth-largest lender.

24 October 2014 | 6:03PM |

Banking

As China's economy growth slows from nearly three decades of breakneck expansion, other Asian economies – like South Korea, Singapore and Indonesia – are also expected to be affected in 2015, a Reuters poll of economists predicts - AFP Photo.

Asia economic growth to languish as China slows

BANGALORE: Emerging Asia will contribute less to the global economy in 2015 than was expected just months ago as a slowdown in China drags on growth in the region, partially offset by acceleration in the US, Reuters polls suggested.

24 October 2014 | 4:07PM |

Economy

Lump sum investment or drip feed?

If you have figured out what you want to invest in, how long you want to invest for and how much you can afford to invest, then you also need to decide on whether to invest all your savings in one go or to add funds over a longer period of time.

24 October 2014 | 2:49PM |

Economy

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