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SC signs pact with UAE counterpart
THE Securities Commission (SC) has signed a memorandum of understanding (MoU) with the Emirates Securities and Commodities Authority (ESCA) of the United Arab Emirates (UAE) to facilitate inter-jurisdiction cooperation on enforcement of securities laws, as well as on developmental and training initiatives.
All ears when Greenspan talks
Federal Reserve Chairman Alan Greenspan seems like he's everywhere these days, peering out from black horn-rimmed glasses and waxing on about Social Security, Medicare, deficits, consumption taxes, financial illiteracy, even liquefied natural gas.
MB: No word yet from EPU on Negri water deal
THE Negri Sembilan government denies knowledge that NS Water Konsortium has been awarded the state water privatisation project.
National motor policy expected tomorrow
THE Government is expected to announce tomorrow the much awaited National Motor Policy, which may contain a blueprint for the development of the local motor vehicle sector until at least 2008, when the Asean Free Trade Area (Afta) regime is expected to be fully implemented.
Omega shareholders in a bind over revamp fiasco
THE slip-up in the restructuring scheme of financially distressed Omega Holdings Bhd has now placed its shareholders in even greater distress.
Avenue Capital still hopes for Felda deal
AVENUE Capital Resources Bhd has not given up hope of underwriting the flotation of Federal Agriculture and Land Development Authority Bhd (Felda), which has been put on hold by the Government, group managing director Tengku Zafrul Aziz told I>StarBiz/Iafter the company AGM's in Kuala Lumpur yesterday.
Lofsa sets sight on Islamic capital market
A number of Islamic financial activities are being developed to position Labuan as the regional Islamic financial centre in the Asia-Pacific region.
Puncak Niaga’s project hangs in the balance
WATER concessionaire Puncak Niaga Holdings Bhd is expected to face an uphill battle in sealing the water privatisation deal it announced last year, in view of the Government's decision to review big-ticket projects.
Senate extends Greenspan term
The US Senate has approved President George W. Bush's nomination of Alan Greenspan to serve a fifth term as chairman of the Federal Reserve.
Plan to privatise Syabas may be postponed
THE proposed privatisation of the Selangor water supply management company, Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), may be postponed, said executive chairman Tan Sri Rozali Ismail.