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Business

BNP Paribas upbeat on local offshore lending

BNP Paribas sees good prospects for offshore lending in the country and expects it to grow in tandem with the export performance and overseas investment activities of Malaysian companies, said Labuan branch general manager/country manager Yap Siew Ying.

Business

GE Medical sees 30% growth in healthcare

GE Medical Systems International, the health division of General Electric Company, expects new medical technologies and an ageing population to fuel annual growth of 20% to 30% of the local healthcare sector, estimated to be valued between US$70mil and US$80mil next year.

Business

CIMB to co-manage Qatar global Sukuk bond issue

THE government of Qatar has appointed Commerce International Merchant Bankers Bhd (CIMB) as the co-manager for the Far East region of its US$500mil-US$700mil first global Islamic Sukuk bond issue.

Business

Impact of change to OHQ incentives

The final part featuring PricewaterhouseCoopers' answer to questions from readers on Budget 2004.

Business

Several active players seen despite slow growth in sewarage sector

WHILE issues of funding and payment have slowed down the growth in the sewage treatment industry, there are a number of players which have been actively involved in the industry.

Business

More sewerage projects in the pipeline

SINCE the Ministry of Finance Inc (MoF) took back the management of Indah Water Konsortium Sdn Bhd (IWK) from Prime Utilities Bhd in 2000, the privatisation of the national sewerage project appears to have taken a back seat.

Business

Time to hand over baton

THE Association of Banks in Malaysia sees the recent Budget as a move to build on existing core competencies while mapping out the longer-term strategy for economic growth, said chairman Dr Rozali Mohamed Ali.

Business

Coming of age of Ayurveda

THE ancient Indian healing system of Ayurveda originated in India more than 6,000 years ago, yet only in recent years has it started to make impressive strides in Malaysia. Its late entry into Malaysia is surprising, given the relatively large Indian population in the country.

Business

More attractive Islamic financial products

BY introducing a more comprehensive tax treatment for Islamic securities in line with that enjoyed by conventional securities, the government has made Islamic financial products even more attractive for financing purposes.

Business

Budget direction gets wide business support

Malaysia#039;s business community generally expressed support for and satisfaction with Budget 2004, welcoming the government#146;s determination to rein in the budget deficit even though there are no substantial incentives going their way.