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Penang bridge project may be delayed again, says Lim
PRIME Minister Datuk Seri Abdullah Ahmad Badawi's plan to leave office in March next year may further delay the completion of the second Penang Bridge project, said Lim Guan Eng (DAP - Bagan).
Higher costs hurting small palm planters
The sharp drop in crude palm oil (CPO) prices, rising cost of raw materials and burdensome taxes have resulted in the cost of production (COP) escalating among local plantation players, hurting smaller and newer plantation companies, especially those from Sarawak.
Cabinet Committee meeting on oil palm sector postponed
A meeting of the Cabinet Committee on Palm Oil Competitiveness, scheduled for yesterday, has been put off till end of the month.
Govt may remove CPO windfall tax
The Government may remove the crude palm oil (CPO) windfall tax, given that CPO prices have fallen below the tax's threshold level.
Parliament: PM’s exit will delay Penang Second Bridge
Prime Minister Datuk Seri Abdullah Ahmad Badawi's scheduled plan to leave office in March may cause a further delay to the completion of the Penang Second Bridge, says Lim Guan Eng (DAP - Bagan).
KLCI opens stronger in tandem with Wall Street
The Kuala Lumpur Composite Index (KLCI) opened stronger Tuesday morning with gains in tandem with Wall Street's overnight rise and regional bourses' performances.
Planters re-appeal against windfall tax
Seven major Sarawak-based oil palm plantation companies are making a second appeal to the Federal Government to waive the windfall tax or revise the threshold price based on present cost increase and crude palm oil (CPO) price level.
Slight rise in demand for cement this year
THE Cement Concrete Association of Malaysia (CCA) expects domestic cement demand to grow marginally by 3% to 5% to about 16.33 million tonnes this year versus 15.86 million tonnes in 2007 due to a lacklustre construction industry.
Brokerage:Tanjong value attractive
ANALYSTS see Tanjong plc as one of the more attractively valued blue-chip stocks with relatively defensive and quality earnings.
Decision to discontinue levy will have positive effects
Sentiments are positive all round on the Government's decision to discontinue its windfall profit levy on independent power producers (IPPs).
