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Business 01 Apr 2019 | 12:00 AM

More needs to be done for businesses

Tun Daim Zainuddin wields huge influence in both business and policies and his comments carry a lot of weight in terms of reading the tea leaves of the government’s thinking. Yesterday, the former finance minister and chairman of the Council of Eminent Persons (CEP) spoke about the political situation in Malaysia and today, he speaks business. Below are his thoughts to a series of questions raised by StarBiz.

Business 05 Apr 2019 | 12:00 AM

EPF, PNB not GLCs; only Khazanah, KWAP are: Shahril

KUALA LUMPUR: The Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB) should not be classified as government-linked investment companies (GLICs) because their source of funds is money from their members and has nothing to do with the government.

Business 06 Apr 2019 | 12:00 AM

When looking east means China

A trip to watch cherry blossoms in Japan requires precision planning with loads of good luck. The unpredictability as to when the cherry tree will blossom in spring has made planning for the trip much more difficult, as the cherry blossom lasts for only two weeks in a year.

Business 08 Apr 2019 | 12:00 AM

ECRL deal with China to include palm oil buy

KUALA LUMPUR: The current re-negotiations on the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil to RM60mil per km as well as a commitment by the Chinese government to buy Malaysian palm oil and bring in projects, according to sources.

Construction 09 Apr 2019 | 12:00 AM

Construction counters on a roll

PETALING JAYA: Construction stocks, led by IJM Corp Bhd and Gamuda Bhd, rallied yesterday on high hopes that several large infrastructure development projects, currently put on hold, would be revived soon.

Business 13 Apr 2019 | 12:00 AM

Asia’s deal-making Ong brothers

BLACK Monday, the Black Friday mini crash in 1989, the 1997 Asian financial crisis and the 2008 subprime crisis. Asia’s deal-making Ong brothers have come a long way to becoming household names in private equity.

Business 15 Apr 2019 | 1:01 AM

ECRL revival bodes well for local construction sector

KUALA LUMPUR: There is expected to be more local participation in the revived East Coast Rail LInk project from the supply of material to awarding work to local beneficiaries, says Affin Hwang Capital research.

Business 19 Apr 2019 | 6:58 AM

Daim suggests special division to handle ECRL investments

KUALA LUMPUR: A special division should be established to smoothen and facilitate investments for the East Coast Rail Link (ECRL) project from China and domestic sources, says Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin.

Business 27 Apr 2019 | 12:00 AM

Like it or not, Dr Mahathir sets his own exit timetable

EVEN at 88 years old, the world’s most successful value investor, Warren Buffett is unperturbed by who will succeed him as head of his company, Berkshire Hathaway.

Business 09 May 2019 | 6:01 AM

Neither MRL, govt claimed RM21.5b ECRL saving was from overpricing

KUALA LUMPUR: Neither Malaysia Rail Link Sdn Bhd (MRL) or the government have claimed the savings of RM21.5 billion for the improved East Coast Rail Link (ECRL) project was purely from an element of overpricing.