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Business 22 Aug 2005 | 12:00 AM

Forming an agenda for the next decade

In the last 20 years, Malaysia has pursued a path of development that has hinged on heavy industrialisation and physical infrastructure projects. The term infrastructure is used very broadly to include transportation systems like the Light Rapid Transit (LRT) and mega-projects such as the Petronas Twin Towers.

Business 19 Aug 2005 | 12:00 AM

StanChart focuses on Islamic financing ops

THE Standard Chartered banking group is keen to focus on the Islamic banking business in Malaysia, particularly in corporate bonds and offshore funding.

Business 09 Aug 2005 | 12:00 AM

Advance Modules submits prospectus

Advance Modules Group Ltd has sent in its preliminary prospectus to the Monetary Authority of Singapore in conjunction with its plans to list its shares on the Main Board of the Singapore Exchange Securities Trading Ltd.

Business 23 Jul 2005 | 12:00 AM

Forex dealers see high level of trading activity

ALMOST seven years have passed since Standard Chartered Bank Malaysia Bhd's (StanChart) foreign exchange dealer's room last saw the high level of trading activity experienced yesterday.

Business 23 Jul 2005 | 12:00 AM

Ringgit’s rise against dollar smaller than expected

THE ringgit gained strength against the US dollar yesterday but the rise was much smaller than analysts and dealers had predicted.

Business 22 Jul 2005 | 12:00 AM

Aussie trade minister welcomes revaluation of Chinese currency

Australian Trade Minister Mark Vaile welcomed Friday the revaluation of China's currency, the yuan, saying it would give a boost to Australian exporters.

Business 14 Jul 2005 | 12:00 AM

RHB Unit Trust to invest up to 70% of new fund in Asian equities

RHB Unit Trust Management Bhd plans to invest up to 70% of the net asset value of its latest fund in Asian equities, ex-Japan.

Business 08 Jul 2005 | 12:00 AM

US stocks close higher despite London terror attacks

Surprisingly calm investors pushed stocks modestly higher Thursday, helping Wall Street recover from steep early losses after the London terror attacks that killed at least 40 people and injured more than 700.

Business 30 Jun 2005 | 12:00 AM

Mitsubishi Tokyo gets approval for merger

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. shareholders approved an Oct 1 merger between the two Japanese lenders that will create the world's biggest bank, with US$1.8tril of assets.

Business 22 Jun 2005 | 12:00 AM

Crude oil falls on expected rise in US winter supply

Crude oil slipped from a record in New York on expectations a US government report today will show inventories of winter fuels rose for a fifth straight week.