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Business

US stocks fall on European economic, debt worries

NEW YORK: Worries about Europe's economic and debt problems sent stocks Tuesday to their first loss in four days.

Business

RapidKL expects additional 150 buses to increase efficiency

KUALA LUMPUR: Rangkaian Pengangkutan Integrasi Deras Sdn Bhd (RapidKL), a public transportation provider, expects the addition of 150 city buses to its service to increase service efficiency in the Klang Valley.

Business

Taxes – between idealism and realism

Tax experts share their views with i>StarBizWeek/ion what is to be expected in the budget and what elements within the current tax system need to be revised.

Business

Simplifying tax laws a pipe dream?

THE relevant cliche here is Einstein’s famous line, “The hardest thing in the world to understand is the income tax.” It’s a cliche because it’s true. Consider that every major country in the modern era has set out to reform and make simple its tax laws. None has succeeded.

Business

French will resist reform till things get worse

“How can you govern a country which has 246 varieties of cheese?” General Charles de Gaulle famously asked.

Business

10 ways for the Government to raise revenue

P. Gunasegaram offers some suggestions as to how the Governmentcould fill its coffers without further taxing the average wage earner.

Business

UMW in RM684mil deal to expand drilling operations

UMW Holdings Bhd is investing US$214mil (RM684mil) to expand its drilling operations with the acquisition of offshore contractor S.D. Standard Drilling's unit and a mobile drilling rig.

Business

Japan capex up; Q2 GDP seen revised down

TOKYO: Japanese companies raised capital spending in AprilJune from a year earlier, up for a third straight quarter as rebuilding from last year's earthquake a n d government stimulus for low emission car purchases support dom e stic demand.

Business

Good prospects for Mindanao

THE pictures splashed over the newspapers says it all, the weary people of the Autonomous Region in Muslim Mindanao (ARMM), were in jubilant mood as representatives of the Philippine government and the largest of the separatist movements, the Moro Islamic Liberation Front (MILF), signed a peace framework agreement earlier in the week in Manila to end 40 years of conflict.

Business

Oneworld entry a boost to MAS' competitive edge

KUALA LUMPUR: The entry into the oneworld alliance will help national carrier, Malaysia Airlines (MAS), regain some competitive edge to raise revenue yield going forward, together with its ongoing fleet renewal programme.