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Sachs to speak at EPU seminar on development

World-renowned economist Prof Jeffrey Sachs will be speaking at a seminar entitled 'Malaysia's Development Experience Over The Past 50 years', organised by the Economic Planning Unit (EPU) of the Prime Minister's Department.

11 for top UK varsities

ELEVEN of this year's graduating batch from Kolej Yayasan UEM (KYUEM) are heading for the University of Oxford and the University of Cambridge.

Smooth journey ahead

The expiry of a href=http://www.plus.com.my/ target=_blank>PLUS Expressways/aBhd's five-year tax exemption last December will have a minimal impact on the toll operator's results in the next few financial years.

Mier predicts 5.2% growth

While the Finance Ministry is 'confident' that the country's gross domestic product (GDP) growth would touch 6% this year, the Malaysian Institute of Economic Research (Mier) appears to be taking a more conservative view with its forecast of a 5.2% growth.

PLUS records RM853m profit

PLUS Expressways Bhd posted a pre-tax profit of RM852.9mil for the nine months ended Sept 30, up 55% from RM551.3mil in the same period last year.

Corporate chiefs upbeat on GLC plan

Corporate chiefs interviewed by StarBiz' BY YAP LENG KUEN and B.K. SIDHU were upbeat on the future of GLCs following the master plan for the GLCs unveiled by the Prime Minister on Friday. Excerpts:

PLUS Q1 pre-tax profit jumps to RM489mil

PLUS Expressways Bhd posted a significant jump in pre-tax profit to RM489.1mil in the first quarter ended March 31 from RM169.6mil in the corresponding period of last year, mainly attributed to recognition of RM331.7mil in compensation from the Government, following the closure of the Senai toll plaza (Senai compensation).

Travel non-stop from KL to Juru

Motorists will be able to travel non-stop between Kuala Lumpur and Juru along the North-South Expressway by end-2007 with the removal of the Jelapang toll plaza.

Traffic police work getting harder each year

Traffic police have a more challenging task with the rising number of vehicles on the road every year, Deputy Inspector-General of Police Datuk Musa Hassan said.

Titan secures US$700m loan

Titan Chemicals Bhd, which is heading for a listing on Bursa Malaysia, signed with 12 banks yesterday a US$700mil (RM2.6bil) loan facility that would give it flexibility to match fluctuations in its cash flow with the cyclical nature of the petrochemical industry.