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Business 05 Jun 2008 | 12:00 AM

KLCI falls 27 pts, plantations, banks down

Blue chips led by plantations and banking stocks fell sharply in early trade Thursday in a knee-jerk reaction to the government's withdrawal of the bulk of subsidies for fuel under a restructuring exercise to cope with record high oil prices.hr noshade size=1 width=50%>

Nation 05 Jun 2008 | 12:00 AM

Petrol price up by 78 sen - and will be reviewed monthly

The Government announced Wednesday an increase in petrol and diesel prices, stating that it can no longer continue to subsidise fuel.

Business 05 Jun 2008 | 12:00 AM

TNB in for re-rating?

Tenaga Nasional Bhd (TNB) won a tariff hike yesterday to help the utility company meet rising cost of producing electricity after the Government announced a series of cuts on fuel subsidies.

Business 23 May 2008 | 12:00 AM

TSH scouting for more land in Indonesia

TSH Resources Bhd, which has a land bank of about 60,000ha, is looking to acquire more land in Indonesia.

Letters 23 May 2008 | 12:00 AM

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Nation 22 May 2008 | 12:00 AM

Windfall tax to return?

The Government may reintroduce a windfall tax as a means to increase its revenue, said Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad.

Business 22 May 2008 | 12:00 AM

April inflation at 14-month high

Malaysia's inflation rate jumped to a 14-month high in April on rising food costs, adding pressure on the Government to rein in prices.

Business 20 Mar 2008 | 12:00 AM

2nd-tier planters in for a rebound

Second-tier plantation stocks on Bursa Malaysia are expected to rebound soon on short-term speculative buying, analysts said.

Business 12 Mar 2008 | 12:00 AM

Plantation stocks risk further cuts

Some analysts have adjusted their ratings on plantation stocks to reflect higher market risk, and warned of further cuts if windfall tax on crude palm oil (CPO) were to be re-introduced.

World 04 Mar 2008 | 12:00 AM

Mongolia eyes diplomatic partners, mining deal soon

TOKYO (Reuters) - Mongolia will take advantage of its rich natural resources to forge closer ties with new allies and aims to clinch an investment pact with Canadian and Australian firms in a couple of months, its foreign minister said on Tuesday.