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Business 19 Sep 2003 | 12:00 AM

BNP Paribas upbeat on local offshore lending

BNP Paribas sees good prospects for offshore lending in the country and expects it to grow in tandem with the export performance and overseas investment activities of Malaysian companies, said Labuan branch general manager/country manager Yap Siew Ying.

Business 18 Sep 2003 | 12:00 AM

Enhancing Johor for offshore firms will pose competition for Singapore

JOHOR will pose competition to Singapore when Labuan offshore companies set up marketing offices in the state, but this can only work to Malaysia#039;s advantage if red tape were to be reduced, Ernst amp; Young Tax Consultants Sdn Bhd executive director Lee Choong San said.

Business 15 Sep 2003 | 12:00 AM

Takaful Malaysia ready to offer expertise globally

NEARLY 20 years after opening its doors for business, Syarikat Takaful Malaysia Bhd is now ready to tap the world market, offering its expertise to the emerging Islamic insurance sector, said Takaful Malaysia chief executive officer Datuk Mohd Fadzli Yusof in an interview.

Nation 14 Sep 2003 | 12:00 AM

Johor sees benefits from off-shore branches

Johor expects tremendous growth in the banking and financial sectors once Labuan-based financial institutions open up their branches here.

Nation 13 Sep 2003 | 12:00 AM

Ministry to promote recreational fishing sites

The Culture, Arts and Tourism Ministry will not only promote well-known fishing destinations in the country but also include recreational fishing in national tourism packages to woo local and foreign anglers.

Business 13 Sep 2003 | 12:00 AM

More attractive Islamic financial products

BY introducing a more comprehensive tax treatment for Islamic securities in line with that enjoyed by conventional securities, the government has made Islamic financial products even more attractive for financing purposes.

Business 13 Sep 2003 | 12:00 AM

Tax incentives to draw MNCs to services sector

THE government has proposed several tax incentives for foreign direct investment (FDI) in the service sector to encourage more multinational companies to set up operations in the country, particularly in the Mutimedia Super Corridor (MSC).

Business 13 Sep 2003 | 12:00 AM

Islamic bond market to grow

GOVERNMENT efforts to promote and develop the Islamic capital market have placed Malaysia on a strong footing to exploit the potential of the market both in the country and internationally.

Nation 10 Sep 2003 | 12:00 AM

80,000 hit by outage in Sabah’s west coast

Some 80,000 consumers in west coast Sabah and Labuan were hit by a power failure due to a technical problem encountered at its Penampang substation around 11.54am yesterday.

Other Sport 09 Sep 2003 | 12:00 AM

Champs Perak win to stay alive

Defending champions Perak fought back into contention in the boys' Under-18 event of the national schools (MSSM) basketball championships with a 73-63 Group A win over Johor at the Johor Baru Basketball Hall in Larkin yesterday.