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Letters 25 Apr 2004 | 12:00 AM

Incidence of poverty a hard problem to tackle

STUDENTS learning the economic geography of Malaysia should be very familiar with the phrase 'eradication of poverty'. That was one of the three objectives of the New Economic Policy (NEP), which had been drafted in 1970 and continued to be the standard policy for economic development until 1990. The New Development Policy (NDP) replaced the NEP in 1991.

Business 24 Apr 2004 | 12:00 AM

Versus the CI

Izwan Idris writes on MMC, Lion Ind, New Hoong Fatt, Tong Herr and Suiwah.

Business 24 Apr 2004 | 12:00 AM

YTL looking to buy utilities

YTL Corp Bhd may buy utilities in Europe, Asia and Australia to ensure profit growth of 20% a year till 2020, said managing director Tan Sri Francis Yeoh.

Business 22 Apr 2004 | 12:00 AM

Asia energy firms rushing to sell debt

Big spending Asian utilities and oil companies are rushing to sell bonds on expectations that interest rates will rise later this year.

Business 20 Apr 2004 | 12:00 AM

Strong showing by unit trust funds

Unit trust funds in Malaysia demonstrated a strong showing in the first quarter ended March 31 - delivering an average return of 8.12%, on top of the 20.52% returns for the whole of last year.

Business 18 Apr 2004 | 12:00 AM

Blue chips surge as fears ebb

US blue chips ended higher on Friday after comments from a top Federal Reserve official eased fears of an early interest rate hike, but technology stocks sagged after disappointing news from bellwethers International Business Machines Corp and Nokia Corp.

Business 16 Apr 2004 | 12:00 AM

Indonesia’s PLN and TNB to study project on power interconnection

TENAGA Nasional Bhd (TNB) signed an agreement with Perusahaan Listrik Negara (PLN) Indonesia in Jakarta yesterday, awarding a contract on engineering services consultancy to Shaw PTI USA.

Nation 15 Apr 2004 | 12:00 AM

Consensus on PBDS elections Party polls within four months

The reinstated Parti Bansa Dayak Sarawak (PBDS) will hold fresh elections within four months to resolve the leadership dispute between its two feuding factions.

Nation 15 Apr 2004 | 12:00 AM

Cabinet: No to Selangor's 'buy and rent' plan for cheap houses

The Cabinet does not agree with the Selangor Government#8217;s proposal to sell low-cost houses to the high-income group, the Prime Minister Datuk Seri Abdullah Ahmad Badawi said.

Nation 14 Apr 2004 | 12:00 AM

Engineering and vocational grads in great demand

Engineering and vocational students here are offered job placements by major companies even before they graduate, Deputy Chief Minister Tan Sri Dr George Chan Hong Nam said.