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Business 11 Jul 2005 | 12:00 AM

Reining in inflation

THE spectre of inflation is again haunting the economy. Malaysia's consumer inflation has risen to a six-year high of 3.1% in May, up from a benign 1% a year ago. The anxiety is also reflected in the MIER Consumer Sentiment Index (CSI), with about 80% of the households surveyed expecting further rise in future inflation.

Business 08 Jul 2005 | 12:00 AM

Economic slowdown likely to be moderate

The economy in Malaysia may slow slightly in the second half of the year, but there are sectors that will continue to do well, or even excite. This is the view of fund managers at the roundtable discussion on theeconomy and stock market hosted by StarBiz.

Business 25 Jun 2005 | 12:00 AM

Samsung plans aggressive promotion of convergence devices

Samsung Malaysia plans to aggressively promote digital convergence devices among Malaysian consumers in view of the growing demand for such devices in the exciting digital economy. Managing director Won Jong Duk sees that although a relative newcomer, Samsung has become a household name in Malaysia.

Business 24 Jun 2005 | 12:00 AM

Aussie coalition partner won't automatically support Telstra sale

The new leader of a junior governing coalition party said Friday he would only support the 30 billion Australian dollar (US$23 billion; euro19.06 billion) sell-off of the government's stake in Australia's former telecom monopoly if services for rural areas are improved.

Business 08 Jun 2005 | 12:00 AM

Banks still providing share margin financing

Barely a week after several bank chief executives came out strongly to allay fears that they were not pulling the plug on share margin financing, Hong Leong Bank Bhd has come under fire for continuing to maintain a very long list of so-called 'non-marginable'' stocks.

Business 24 May 2005 | 12:00 AM

European stocks end higher

European shares ended higher Monday, with German stocks lifted by hopes for a new government after Chancellor Gerhard Schroeder called for early national elections.

Business 13 May 2005 | 12:00 AM

China’s yuan peg revisited

Mounting US trade deficits and surging Chinese exports have fuelled speculation in global currency markets of a yuan revaluation.

Business 12 Apr 2005 | 12:00 AM

Keng Yaik: Govt to wait for outcome of forum on power hike

THE government will wait for the results of a consultative forum before allowing an increase in electricity tariffs, said Energy, Water and Communications Minister Datuk Seri Dr Lim Keng Yaik.

Business 22 Mar 2005 | 12:00 AM

EU eases budget pact

European Union (EU) finance ministers have reached a deal to relax much-flouted budget rules that underpin the euro, bowing to Germany's key demand that its hefty unification costs be excused.

Business 14 Mar 2005 | 12:00 AM

The long and short of foreign labour

THE Government's recent proposal to allow foreign workers, currently restricted to sectors such as palm oil plantations, construction, restaurants and domestic help, to work on farms and in small- and medium-scale industries, has contributed further to the controversial debate over the large presence of migrant workers in the country.