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Business 20 Nov 2008 | 12:00 AM

Government looking at other choices besides IPPs

THE Government is considering other options to obtain electricity, apart from extending the contracts of the first generation independent power producers (IPPs), which will expire between 2015 and 2017, said Energy, Water and Communications Minister Datuk Shaziman Abu Mansor.

Nation 22 Oct 2008 | 12:00 AM

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).

Business 22 Oct 2008 | 12:00 AM

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.

Business 22 Oct 2008 | 12:00 AM

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.

Business 21 Oct 2008 | 12:00 AM

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.

Nation 21 Oct 2008 | 12:00 AM

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).

Business 21 Oct 2008 | 12:00 AM

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.

Business 14 Oct 2008 | 12:00 AM

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.

Business 29 Sep 2008 | 12:00 AM

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.

Business 29 Sep 2008 | 12:00 AM

Brokerage:Tanjong value attractive

ANALYSTS see Tanjong plc as one of the more attractively valued blue-chip stocks with relatively defensive and quality earnings.