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Business 13 Sep 2003 | 12:00 AM

Budget direction gets wide business support

Malaysia#039;s business community generally expressed support for and satisfaction with Budget 2004, welcoming the government#146;s determination to rein in the budget deficit even though there are no substantial incentives going their way.

Business 13 Sep 2003 | 12:00 AM

Felda listing plan excites industry

THE proposal to list the Federal Land Development Authority (Felda) on the KLSE has created a lot of excitement in the plantation industry.

Business 16 Sep 2003 | 12:00 AM

CPA Australia expects Malaysia to grow by 4.5% to 4.8%

ACCOUNTING body CPA Australia expects the Malaysian economy to grow between 4.5% and 4.8% up to 2006 as the country needs time to transform local small and medium enterprises (SMEs) into its next engine of growth, according to CPA Malaysia division councillor Lim Lai Seng.

Business 17 Sep 2003 | 12:00 AM

Felda committee to oversee unit listing

THE Federal Land Development Authority (Felda) has set up a special committee to expedite the listing of its unit, Felda Holdings Sdn Bhd #150; the country#039;s largest plantation owner #150; on the KLSE main board, possibly by early January next year.

Business 17 Sep 2003 | 12:00 AM

2nd bumi unit trust welcomed

THE establishment of the second unit trust fund, Dana Harapan, for bumiputras is a clear indication that the government supports the unit trust industry, Apex Unit Trusts Bhd chief executive officer Tan Keah Huat said.

Business 17 Sep 2003 | 12:00 AM

GHope and I&P in RM3.6b merger

TWO listed units of Permodalan Nasional Bhd (PNB) #8211; Golden Hope Plantations Bhd (GHope) and Island Peninsular Bhd (IP) #8211; have announced a RM3.6bil merger, creating the second largest plantation group, and the largest property company, on the KLSE.

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.

Business 26 Sep 2003 | 12:00 AM

Brand building is vital for M’sia

The Star holds a panel discussion on the prospects for the Malaysian advertising industry. Q R on the discussions.

Business 27 Sep 2003 | 12:00 AM

Aim now is to be fully-fledged investment bank

THE creation of fully-fledged investment banks is being actively pursued now that the banking industry has undergone the consolidation process.

Business 30 Sep 2003 | 12:00 AM

Plantation, property mergers take a pause

WITH the planned listing of Federal Land Development Authority (Felda) and the merger between Golden Hope Plantations Bhd (GHope) and Island Peninsular Bhd (IP), the government may have reached its short-term target to consolidate its plantation and property businesses.