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Business 11 Mar 2009 | 12:00 AM

China's fixed-asset investment up 26.5%

BEIJING (AP) - China's spending on factories and other fixed assets picked up in January and February as a government stimulus plan sparked a jump in investments by state companies, data showed Wednesday.

Business 11 Mar 2009 | 12:00 AM

Bank Muamalat completes RM500mil capital raising

Bank Muamalat Malaysia Bhd has successfully completed a capital raising exercise amounting to RM500mil of Tier-1 capital.

Business 19 May 2009 | 12:00 AM

Malaysia's first state-established RM11b sovereign wealth fund identifies projects

The country's first state-established sovereign wealth fund, Terengganu Investment Authority (TIA), with an initial fund of RM11bil, has identified several high-impact investment projects in the tourism, energy and agriculture sectors in the state and around the country.

Business 14 Mar 2009 | 12:00 AM

Oil prices fall as OPEC faces dilemma on production cut

As the world's appetite for crude shrinks, OPEC is meeting in Europe to debate whether oil producers should tighten their spigots even more.

Business 19 May 2009 | 12:00 AM

Time Eng names new CEO

Time Engineering Bhd, an information technology infrastructure service provider, has appointed Steven Lim Kee Seng as the company's chief executive officer effective yesterday.

Business 11 Mar 2009 | 12:00 AM

Car-scrapping scheme to help revive industry

PROTON Holdings Bhd says the proposed car-scrapping scheme can help boost car sales and rejuvenate the local motor vehicle industry.

Business 19 May 2009 | 12:00 AM

Exporting timber from sustainable forests

ACCOLADES must be given to the Malaysian Timber Certification Scheme (MTCS), which has steadfastly provided independent assessments of forest management practices to ensure exports of local timber products are sourced from sustainably managed forests.

Business 11 Mar 2009 | 12:00 AM

Mini budget is a response to a clear and present danger

THE Government has swung to a view that the country faces the risk of a deep recession in contrast to its earlier forecast of economic growth of 3.5% this year.

Business 02 May 2009 | 12:00 AM

US airlines cutting service to Mexico

DALLAS (AP) - Most of the largest U.S. airlines said Friday they will temporarily reduce service to Mexico, as swine flu fears keeps many U.S. travelers from venturing south of the border.

Business 02 May 2009 | 12:00 AM

Thalgo Cosmetic sees 30% growth in revenue

FRENCH skincare brand Thalgo's sole distributor in Malaysia, Thalgo Cosmetic (SEA) Sdn Bhd, is confident of 'reasonable' revenue growth this year despite a shrinking market.