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Business 13 Jan 2004 | 12:00 AM

BIMB to boost capital market division

BANK Islam Malaysia Bhd (BIMB) plans to further expand its capital market division in view of the strong growth potential of the Islamic debt market.

Business 09 Jan 2004 | 12:00 AM

Follow-through support sends CI up 7 points

The KLSE extended its rally yesterday, sending the benchmark Composite Index (CI) to a two-month high of 813 points, rising 7.44 points or 0.92%.

Business 09 Jan 2004 | 12:00 AM

What makes an effective director

From July 1, 2003, the KLSE has imposed what is called a Continuing Education Programme or CEP for all directors of public-listed companies (PLCs). Our guest writer, a director of some of Malaysia's biggest public-listed companies gives his views onwhat makes an effective director.

Business 06 Jan 2004 | 12:00 AM

Telekom shortlists six advisers for Celcom IPO

TELEKOM Malaysia Bhd, tipped to launch a RM2.5bil to RM3.5 bil initial public offering (IPO) for its mobile phone arm Celcom, has shortlisted six banks to advise on the planned share sale, sources said Monday.

Business 17 Nov 2003 | 12:00 AM

Challenges for 3rd party distributors

GIVING advice to investors on the right fund to invest in and the increasing competition among the IUTAs are some of the challenges facing third-party distributors.

Business 09 Nov 2003 | 12:00 AM

Powered by love for yoga

Manoj Kaimal incorporated a company called White Lotus Sdn Bhd with his wife Sandhya, 26, and then started Yoga Life Centre in 2001 to promote alternative health, yoga, ayurveda and other Indian sciences. Every month, the centre records about 250 to 300 students, 80% of whom are Chinese. Since they started the centre, close to 1,000 people have walked through their door.

Business 28 Oct 2003 | 12:00 AM

Course for financial planners

THE newly incorporated Malaysian Financial Planning Council (MFPC) has set an 'immediate target' to have 10,000 insurance agents qualify as registered financial planners (RFP), chairman K.H. Chia said.

Business 18 Oct 2003 | 12:00 AM

Survey: Firms taking IRB tax audit lightly

COMPANIES are still not putting a high priority on preparing for a tax audit despite an almost one-in-five chance of being chosen as a candidate by the Inland Revenue Board (IRB) this year, a survey released by accounting firm Ernst amp; Young revealed yesterday.

Business 28 Sep 2003 | 12:00 AM

Rich get stingy as market dips

Decimated fortunes, bankruptcies, scandals and job losses are just some of the well-known victims of the recent market rout.

Business 26 Sep 2003 | 12:00 AM

Pantai said to be selling Avenue Assets stake

A NEW substantial shareholder is expected to emerge in Avenue Assets Bhd. There is market talk that Pantai Holdings Bhd, one of the main shareholders, is putting up its 16.9% stake for sale.