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Business 15 May 2013 | 10:09 AM

Indonesia extends logging ban to protect rainforest

JAKARTA: Indonesia has extended a logging ban to protect rainforests despite fierce industry pressure, the government said Wednesday, but green groups slammed it as inadequate to safeguard threatened habitats.

Business 28 Mar 2013 | 12:00 AM

BRICS "Big Five" find it hard to run as a herd

DURBAN: At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations - Brazil, Russia, India, China and South Africa - to Africa's "Big Five" game beasts of trophy hunting lore - the lion, elephant, buffalo, leopard and rhinoceros.

Business 04 Mar 2013 | 12:00 AM

Buffett warns Berkshire Hathaway's long streak of outperforming S&P 500 may end this year

NEW YORK: Berkshire Hathaway may end a long streak of outperforming the S&P 500 this year, chief executive Warren Buffett warned shareholders on Friday, even as he said he was still eagerly hunting for acquisitions to grow the ice-cream-to-insurance conglomerate.

Business 02 Mar 2013 | 12:00 AM

Buffett: Performance streak may end this year

NEW YORK: Berkshire Hathaway may end a long streak of outperforming the S&P 500 this year, Chief Executive Warren Buffett warned shareholders on Friday, even as he said he was still eagerly hunting for acquisitions to grow the ice-cream-to-insurance conglomerate.

Business 04 Feb 2013 | 12:00 AM

Lee: No hidden agenda, decision to terminate and refund in the best interest of CHGS investors

KUALA LUMPUR: Property tycoon Tan Sri Lee Kim Yew, the founder of Country Heights Grower Scheme (CHGS) – the country’s first oil palm farm-sharing investment scheme, has quashed market talk that the recent proposed voluntary termination of CHGS will lead to its management company Plentiful Gold-Class Bhd privatising or profiteering from its oil palm plantation in Gua Musang, Kelantan for personal gains.

Business 02 Feb 2013 | 12:00 AM

Time to focus on interest schemes

Errol Oh thinks it’s about time that the Companies Commision of Malaysia reviewed the regulatory framework for interest schemes regardless of the outcome of the Country Heights Grower Scheme growers meeting.

Business 10 Aug 2012 | 12:00 AM

AirAsia X in RM1.6b deal

KUALA LUMPUR: Long-haul budget carrier AirAsia X Sdn Bhd will lease six Airbus i>A330-300s/ifrom International Lease Finance Corp (ILFC) for RM1.6bil (US$500mil) as it expands its Asia Pacific network.

Business 07 Apr 2012 | 12:00 AM

Your 10 Questions for Datuk Dr Kamal Jit Singh

Unit Inovasi Khas CEO Datuk Dr Kamal Jit Singh answers your 10 questions.

Business 30 Mar 2012 | 12:00 AM

Goldman’s passage to India

NEW DELHI: Nestled in the diplomatic enclave of the capital city here sits the Leela Palace hotel. This week, its ninth floor has been home to the board of Goldman Sachs.