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Business 13 Sep 2003 | 12:00 AM

No effect on car sales despite excise duty levy

THE government#039;s decision to levy excise duties on imported cars is not likely to affect car sales because it may not result in reduced prices for new cars, say car makers and distributors.

Business 13 Sep 2003 | 12:00 AM

Bonuses means increase in retail sales

BONUSES for civil servants and increased tax relief for children means more disposable income, and a potential increase in retail sales, says Simon Turner, CEO, Tesco Stores (M) Sdn Bhd.

Business 10 Sep 2003 | 12:00 AM

The same old wish list

EVERY year, come budget time, we hear the same rally cries: cut corporate tax rate, more fiscal incentives to attract foreign direct investments (FDI), increase personal relief and tax rebates for the individual, and reduce import duties on key or essential goods, says Gan Kim Khoon, AmResearch Sdn Bhd executive director.

Business 08 Sep 2003 | 12:00 AM

The day of reckoning under Afta

MANUFACTURED goods of Asean origin are already enjoying preferential rates of not more than 5% under the Asean Free Trade Area (Afta), except for cars. The Government had asked for a two-year extension (up to Jan 1, 2005) to include cars in the Afta scheme, but what exactly will happen to tariffs under Afta?

Business 14 Aug 2003 | 12:00 AM

Losses at debt-laden Hynix widen

B>SEOUL: /B>Hynix Semiconductor Inc reported yesterday a wider loss for its second quarter, hit by a slump in the price of its bread-and-butter memory chips used in computers, and repeated its commitment to shed non-core assets.

Business 07 Aug 2003 | 12:00 AM


Business 01 Jul 2003 | 12:00 AM

Newspaper readers deserve a better deal

I HAVE been reading with interest the growing dispute between the Malaysian newspaper publishers and Malaysian Newsprint In- dustries (MNI), the country#146;s only newsprint producer.

Business 06 Jun 2003 | 12:00 AM

Duty may lead to cover price hike

THE Malaysian Newspaper Publishers Association (MNPA) has expressed opposition to the provisional steep anti-dumping import duty on newsprint, warning that newspaper publishers may have no alternative but to pass on part of the increased production costs to consumers.

Business 23 May 2003 | 12:00 AM

FMM: Wide measures to have extensive impact

THE Federation of Malaysian Manufacturers (FMM) said the wide range of measures under the economic package would have extensive impact on all economic sectors, directly and indirectly.

Business 18 May 2003 | 12:00 AM

Miti to go to aid of exporters

B>I/B>nternational Trade and Industry Minister Datuk Seri Rafidah Aziz said her ministry would assist Malaysian exporters accused of dumping in the United States.