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77th Street invites retailers to China

SINGAPORE-BASED 77th Street group is inviting Malaysian retailers of apparel and accessories to set up shop at a large underground mall it has just opened in Beijing, China.

SBB shifts up in vehicle financing

SOUTHERN Bank Bhd's (SBB) partnership with GE Capital in the hire purchase business is expected to lead to the bank being more aggressive in the motor vehicle financing market.

Southern Bank gets nod to hold talks with GE

SOUTHERN Bank Bhd has obtained Bank Negara approval to initiate discussions with GE Capital Asia Pacific Ltd with a view to forming a strategic alliance in automobile financing in the country.

Stronger growth outlook for second quarter

STRONG trade numbers and increased consumption spending are pointing to strong economic growth for the country in the second quarter, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

90% of e-Tiara apartments sold

Klang-based property developer Titijaya group has sold about 90% of its 304 e-Tiara Serviced Apartments in Subang Jaya since its launch on May 15.

Foreign busines news in brief

News in brief: 'Time Warner enters MGM bidding', 'Goldman pays US$2mil', 'LG Card seeks more aid from lenders', 'Del Monte buying into Abpak', 'Bayer building plant in Shanghai', and 'SALE shares change hands'.

Ban use of retread tyres, Puspakom urges government

Puspakom, the computerised vehicle inspection centre, has urged the Government to immediately ban the use of retread tyres, which do not meet international standards.

Complete guide to Malaysian tax

Malaysian Master Tax Guide - Review by Tan Kim Seng

Hai-O banking on its China connection

HAI-O Enterprise Bhd, a local retailer and wholesaler of Chinese herbs and medicine, plans to capitalise on its long established trading ties with China to expand its business locally and into other Asean countries.

Berjaya Sports Toto shares slide further on fears of more losses

SHARES in Berjaya Sports Toto Bhd (BToto) continued to slide on Tuesday after the company failed to convince investors that its absorption of losses at a subsidiary may be a one-off shock.