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Letters 23 Jul 2008 | 12:00 AM

IPPs far from being pampered

From DR PHILIP TAN, President, Penjanabebas (The Association of IPPs in Malaysia)

Business 22 Jul 2008 | 12:00 AM

Perwaja to fully settle debts in five years

Perwaja Holdings Bhd, which is en route for listing on the Bursa Malaysia main board on Aug 20, expects to fully settle its outstanding debts of RM250mil within five years.

Business 22 Jul 2008 | 12:00 AM

Positive outlook still for planters

Analysts remain positive on plantation stocks despite the heavy sell-off over the last one week due to a slide in palm oil futures prices.

Business 22 Jul 2008 | 12:00 AM

Nor Mohamed: July inflation to remain around 7%

The Government expects the inflation rate to be 7% this month, due to the recent hike in fuel price and higher commodity prices, says Second Finance Minister Tan Sri Nor Mohamed Yakcop.

Business 19 Jul 2008 | 12:00 AM

Plantation stocks drag down KLCI

The KL Composite Index (KLCI) yesterday dropped to the lowest since end-2006, dragged down by plantation stocks' steep declines on worries that rising cost and softening crude palm oil (CPO) prices would limit planters' profit growth.

Business 18 Jul 2008 | 12:00 AM

Tanjong to fork out RM70mil a year for windfall tax

Based on its current earnings, Tanjong plc expects to fork out about RM70mil per year on windfall tax which was imposed recently on independent power producers (IPPs).

Business 17 Jul 2008 | 12:00 AM

Tanjong expects RM70m impact from windfall tax

Power-gaming company Tanjong plc expects the windfall tax which the Government imposed on independent power producers to have an estimated impact of RM70mil per annum.

Business 17 Jul 2008 | 12:00 AM

Malakoff bondholders in a bind

Bondholders of the country's largest independent power producer (IPP), Malakoff Bhd, held an informal meeting yesterday to discuss the impact of the windfall tax on the industry.

Letters 17 Jul 2008 | 12:00 AM

Stay firm on bid to impose windfall profit tax

From S.M. MOHAMED IDRIS, President of Consumers Association of Penang.

Business 17 Jul 2008 | 12:00 AM

CIMB-Principal Islamic targets GCC

CIMB-Principal Islamic Asset Management Sdn Bhd, the joint venture between CIMB group and the Principal Financial Group Inc (PFG), is targeting to raise funds for its asset management activities from countries in the Gulf Cooperation Council (GCC).