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Business 27 Mar 2003 | 12:00 AM

Rafidah: Effects of war starting to impact economy

THE effects of the war in Iraq have started to be felt in the Malaysian economy with some sectors, such as shipping, beginning to encounter higher costs resulting from war risk premiums of as much as RM150 per container, according to International Trade and Industry Minister Datuk Seri Rafidah Aziz.

Business 02 Apr 2003 | 12:00 AM

Malaysia had lower trade surplus of RM4.9bil for February

MALAYSIA recorded a lower trade surplus of RM4.9bil in February 2003 compared with RM6.3bil in the previous month, the country's sixty-fourth consecutive month of trade surplus since November 1997.

Business 16 Apr 2003 | 12:00 AM

News in brief

News in brief on Sriwani, KSU Holdings, Bumi Armada and other firms.

Business 20 Apr 2003 | 12:00 AM

Worth his weight in gold

Jeweller Datuk Ng Teck Fong, the executive chairman of Tomei Gold and Jewellery Corporation, may now run a company with an annual turnover of about RM150mil but he will never forget his humble beginnings in a small village in Malacca.

Business 22 Apr 2003 | 12:00 AM

Giving priority to allocation of resources vital

THE Malaysian Employers Fede- ration (MEF) has proposed that the present corporate tax rate of 28% for the big companies be reduced to 22%, a level that is comparable to Singapore#146;s 22%.

Business 22 Apr 2003 | 12:00 AM

FMM: Liberalise foreign direct investments further

THE Federation of Malaysian Ma- nufacturers (FMM) has called for further liberalisation of foreign di- rect investments (FDI) with a view of abolishing equity policies.

Business 22 Apr 2003 | 12:00 AM

MEF proposes corporate tax cut to ease burden

TO achieve a more efficient industrial growth path, the government needs to have a macro framework of priority and resource allocation plan of #147;third factors#148; instead of relying on physical and human capital as traditionally done, according to the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM).

Business 22 Apr 2003 | 12:00 AM

Manufacturing growth may slow

The manufacturing sector may grow at a lower rate this year than the 5% forecast earlier, said International Trade and Industry Minister Datuk Seri Rafidah Aziz.

Business 22 Apr 2003 | 12:00 AM

Re-examine need for FIC, MICCI urges government

MALAYSIAN International Chamber of Commerce and Industry (Micci) has proposed to the government to re-examine the existence of the Foreign Investment Committee (FIC) as it seems to have outlived its role as the guardian of national interest.

Business 22 Apr 2003 | 12:00 AM

Rafidah: Miti reviewing 2 acts

THE International Trade and In- dustry Ministry (Miti) is reviewing the Industrial Coordination Act (ICA) and the Promotion of Investments Act (PIA) to ensure their continued relevance, according to its minister Datuk Seri Rafidah Aziz.