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All is quiet for traders at carnival

There is a huge contrast between the Jom Raya Putrajaya Carnival and the Ramadan Market in Putrajaya.


SME Bank will have own niche

The newly created SME Bank will not crowd out lending by commercial banks to small and medium-scale enterprises (SMEs) and should help commercial banks in their lending to this segment of businesses, said Finance Minister II Tan Sri Nor Mohamed Yakcop.


BPMB to finalise structure of RM9b funds by year-end

BANK Pembangunan Malaysia Bhd (BPMB), formerly known as Bank Pembangunan Infrastruktur Malaysia Bhd, is expected finalise the structure to raise RM9bil before the end of the year as announced in Budget 2006.


A little extra in child relief

This is the first in a three-part question-and-answer series provided by PricewaterhouseCoopers for The Star readers on various aspects of Budget 2006. The next two articles will appear in StarBiz Monday and on Tuesday.


Tax relief for tertiary education

Higher education received RM1.4bil under Budget 2006. The good news is that parents with children pursuing tertiary education will get automatic tax relief of up to RM4,000.


FMM lauds RM1bil fund for SMEs

THE Federation of Malaysian Manufacturers (FMM) has lauded the move to establish the RM1bil capital fund for SMEs.


Budget measures to spur business activity

It is a budget to foster a business friendly environment, as Prime Minister Datuk Seri Abdullah Ahmad Badawi puts it.


What they say about the budget

StarBiz talked to various people in many sectors to get their views on Budget 2006. Some of their comments.


Lower cost of doing business

StarBiz Assistant News Editor Jagdev Singh Sidhu and, reporters Goh Ee Koon and Loong Tse Min spoke with a panel of tax experts for their opinions on Budget 2006. Excerpts.