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Business 24 Oct 2009 | 12:00 AM

Green initiatives

In the battle against climate change, Philips calls for energy-efficient lighting solutions.

Business 07 Nov 2012 | 12:00 AM

As China enters new era, how much of Mao will stay?

BEIJING: In 1981, five years after his death, China's ruling Communist Party began to move slowly away from Mao Zedong and his philosophy.

Business 17 Jun 2009 | 12:00 AM

Venezuela boosts control over petrochemicals

CARACAS: Lawmakers loyal to President Hugo Chavez gave final approval on Tuesday to a bill paving the way for Venezuela's government to take a minimum 50 percent stake in the country's petrochemical companies.

Business 20 Jan 2008 | 12:00 AM

Chavez threatens to seize Venezuelan banks that don't finance agriculture

CARACAS, Venezuela (AP): President Hugo Chavez threatened on Saturday to take control of banks that fail to meet state-imposed lending requirements designed to benefit Venezuela's farmers.

Business 18 Jan 2008 | 12:00 AM

China: Price controls won’t distort economy

China said yesterday that its newly introduced price controls will not distort the economy but analysts warned that sustained interference could result in shortages and a black market.

Business 14 Jul 2008 | 12:00 AM

FTAs are more than just an economic pact

IN RECENT years there has been a tremendous increase in the number of Free Trade Agreements (FTAs), in which two or more nations agree to reduce trade barriers substantially.

Business 26 Jul 2004 | 12:00 AM

Events challenging investment scene

MALAYSIA is in the midst of an interesting flux of events that has culminated in such a manner as to challenge our policy makers.

Business 15 Jul 2008 | 12:00 AM

Venezuela's Petrocaribe oil-supply pact expands to include Guatemala

MARACAIBO, Venezuela (AP) - President Hugo Chavez said Saturday that he is expanding his Venezuela's Petrocaribe oil-supply pact to include Guatemala.

Business 07 Jul 2008 | 12:00 AM

New era of windfall profits tax

THE announcement by the government of a tax on 'windfall profits' of oil palm plantation operators and independent power producers (IPPs) represents a trend among economies where there are specific sectors benefiting from the bonanza in terms of high prices of certain commodities.

Business 24 Sep 2008 | 12:00 AM

Dire warnings fail to sway US senators on US$700b bailout

Refusing to be pushed, Republicans and Democrats alike rebuffed dire warnings Tuesday from the government's top economic officials of recession, layoffs and foreclosed homes if Congress doesn't quickly approve the administration's emergency $700 billion financial bailout plan.