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SapuraCrest bids for RM3b regional contracts
Offshore oil and gas services provider SapuraCrest Petroleum Bhd is bidding for regional contracts worth RM3bil and is set to increase its overseas revenue contribution to about 50% in three to four years to remain competitive, said executive vice-chairman Datuk Shahril Shamsuddin.
Tropical Islands to cost Tanjong 34mil euros
Tanjong plc will spend over 34 million euros to develop its Tropical Islands resort aided by an expected German government grant of some 17 million euros.
KLCI to outperform regional peers
SWEEPING incentives, liberalisation and administrative measures announced in recent weeks emphasised the Government's commitment to develop the southern region, woo foreign investment, spur the property market, revamp Government-linked companies (GLCs) and address the country's brain drain issues.
Russia floats nuclear power plants for export
MOSCOW (Reuters) - Russia has started building the world's first floating nuclear power station, officials said, a project anti-nuclear activists say is the most dangerous to come out of the atomic sector for a decade.
World needs to axe greenhouse gases by 80 pct - report
OSLO (Reuters) - The world will have to axe greenhouse gas emissions by 80 percent by 2050, more deeply than planned, to have an even chance of curbing global warming in line with European Union goals, researchers said on Thursday.
Gassy planet is hottest; windy cousin is mapped
CHICAGO (Reuters) - It's dense, gassy and a bit of oddball, but a planet orbiting a star in the constellation Hercules may be the hottest known yet, scientists said on Wednesday.
Malaysia as base for ING syariah ops
ING Group is studying the possibility of making Malaysia the key base for I>syariah/I>-compliant products in the Asia-Pacific, ING Funds Bhd chief executive officer Steve Ong said.
Confidence returns to most markets
Investor confidence appears to have returned in most stock markets after the Dow Jones Industrial Average hit a record 14,088 points on Monday.