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EU urged to review decision on biofuel

Malaysia and Indonesia have jointly urged the European Union (EU) to review its decision on renewable energy and fuel quality, particularly on the use of palm oil for the production of biofuel. Both Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui and Indonesian Agriculture Minister Dr Anton Apriyantono have voiced concern over the move by the European Parliament's influential Industry Committee.

Business

Transporters see lower fuel price soon

Transportation players are anticipating that the Government will further reduce fuel prices by the end of this month in view of the continued fall in the global crude oil price.

Business

IPPs should also carry the burden, says Tenaga CEO

Not all players in the country's power sector seem to be 'sharing the burden'' of higher fuel costs. Tenaga Nasional Bhd (TNB) is left to fight its own battle to sustain its operations while making hefty capacity payments to the independent power producers (IPPs).

Business

News in Brief

Business

Ye Chiu to be delisted by year-end

Bursa Malaysia main board company Ye Chiu Metal Smelting Bhd is expected to be de-listed from the bourse by year-end.

Business

IPPs gain after windfall tax revision

The government's move to impose a one-year windfall tax payment and suspend the power purchase agreement (PPAs) is positive for the independent power producers (IPPs).

Business

Key West unit applies for listing on Canada exchange

Times Telecom Inc (TTI), a retail subsidiary of Key West Global Telecommunications Bhd, recently filed a draft listing application with TSX Venture Exchange Inc, a stock exchange in Canada.

Business

Falling oil price holds mixed fortunes for Malaysia

The falling crude oil price in international markets holds mixed fortunes for Malaysia.

Business

China promises review of Coke bid for Huiyuan

BEIJING (AP) - China's Commerce Ministry says it will enforce anti-monopoly rules in reviewing Coca-Cola Co.'s bid to buy a major Chinese juice producer but gave no indication what factors might affect its decision.

Business

China promises review of Coke bid for Huiyuan

BEIJING (AP) - China's Commerce Ministry says it will enforce anti-monopoly rules in reviewing Coca-Cola Co.'s bid to buy a major Chinese juice producer but gave no indication what factors might affect its decision.