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Business 05 Feb 2007 | 12:00 AM

Insurance players welcome new ruling by Bank Negara

The recent Bank Negara guidelines on the removal of the 2% sub-limit on investment in foreign assets will provide more flexibility for insurers and help them invest efficiently in a particular market, according to industry players.

Business 08 Jan 2007 | 12:00 AM

Relaxed rules boon for builders

Property developers can look forward to brighter days asforeign investors start shopping for residential properties in Malaysia following the recent relaxation of the ForeignInvestment Committee guidelines.

Business 14 Oct 2006 | 12:00 AM

Cloud seeding for rain is proving to be costly for Sarawak

Cloud seeding operations, to induce rain to clear the transboundary haze from Kalimantan, has burnt a hole in the Sarawak state government's pocket.

Business 10 Oct 2006 | 12:00 AM

Tax practices rising in Asia-Pac

The growth in Deloitte Touche Tohmatsu's Asia-Pacific business is almost double that in most places the group is operating in, regional managing partner for tax Ian Tod.

Business 16 Aug 2006 | 12:00 AM

Improving the corporate tax system

Malaysia's imputation system of taxation has served the country well over many years. Under this system, tax paid by companies on profits is imputed to shareholders when dividends are paid.

Business 11 Aug 2006 | 12:00 AM

BCHB not selling Bank Niaga stake

Bumiputra-Commerce Holdings Bhd (BCHB) has no plans to sell its stake in PT Bank Niaga.

Business 28 Jun 2006 | 12:00 AM

Maybank Indocorp opens sub-branch in Jakarta

Malaysia's Bank Maybank Indocorp (BMI) opened its first Jakarta sub-branch in Pondok Indah, South Jakarta's elite residential and commercial area.

Business 02 Jun 2006 | 12:00 AM

NYSE buying Euronext for US$10b

NEW YORK (AP) - NYSE Group Inc. agreed to acquire Euronext NV for about $10 billion (euro7.85 billion) in cash and stock, creating the first trans-Atlantic securities market in a deal that would pressure rival exchanges to consolidate.

Business 13 May 2006 | 12:00 AM

Insurers take ringgit rise in their stride

THE appreciation of the ringgit against the dollar will not have much impact on the level of investment by local insurance firms in foreign assets, according to industry players.

Business 27 Apr 2006 | 12:00 AM

Evolution of China’s bourses

In his column 'Capital Talk' Tan Teng Boo, CEO of Capital Dynamics Sdn Bhd, says that China today is the world's most exciting, dynamic and successful economy.