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Business 06 Jun 2008 | 12:00 AM

KLCI down 29 points

Malaysian stocks tumbled yesterday as the reality of the record high crude oil price began to bite and the Government took drastic measures to reduce subsidies.

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 05 Jun 2008 | 12:00 AM

Oil palm companies to pay windfall tax from July 1

The Government will impose windfall tax on oil palm companies starting July 1.

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

The impact of higher fuel cost

Malaysians today are bracing themselves for a hike in petrol and electricity tariffs that will send prices skyrocketing; and a bigger hole in their wallets.

Letters 23 May 2008 | 12:00 AM

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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.

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.

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.