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Taiwan-China deals offer no immediate payoff
TAIPEI (Reuters) - The much-trumpeted deals linking rivals Taiwan and China through direct daily flights and cargo routes are unlikely to boost cross-strait trade significantly, and they could dent the image of the island's president.
Malaysian govt’s properties abroad worth RM3.59bil
The Malaysian government has properties abroad worth RM3.59bil and these are managed by the Foreign Ministry.
Motion to postpone Budget debate rejected
THE Dewan rejected a motion by Opposition Leader Datuk Seri Anwar Ibrahim to postpone the Budget debate and discuss the United Nations' latest report on the country's massive foreign direct investment (FDI) outflow.
Parliament: Motion to debate FDI outflow rejected
Deputy Dewan Speaker Datuk Ronald Kiandee rejected Opposition leader Datuk Seri Anwar Ibrahim's motion for Budget 2009 to be postponed temporarily to debate a United Nations report on Malaysia's foreign direct investment (FDI) outflow.
RM5b boost for ‘long-term gain’
THE RM5bil injection into ValueCap Sdn Bhd will be used to buy local shares for long-term investments.
‘Not true FDI outflow more than inflow’
IT'S NOT true that Malaysia's foreign direct investments (FDI) outflow exceeded inflow, said International Trade and Industry Minister Tan Sri Muhyiddin Yassin.
Meeting of federal, state govts proposed
AN OPPOSITION lawmaker has suggested that the Federal Government meet with state leaders to discuss measures to deal with the global economic slowdown.
No plans to tax funds sent home by foreign workers, says Najib
THE Government does not plan to impose a levy or tax on the RM18.1bil that foreign workers have sent or will send to their home countries this year, said Finance Minister Datuk Seri Najib Tun Razak.
Economic impact to be felt next year only: Najib
Malaysia will likely feel the impact of the current global economic turmoil by next year but the country will not be as hard hit compared to other nations, Finance Minister Datuk Seri Najib Tun Razak said.
Broker turned monk offers home truths to needy
TSURNOGORSKI MONASTERY, Bulgaria (Reuters) - Brother Nikanor, a Nasdaq broker turned monk, advises former colleagues to put a jar with soil on their desks to remind them where we are all heading and what matters in life.
