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The Asian property industry, which has been somewhat sheltered from the effects of the US subprime debacle, has great potential to catch up with its global peers.
CIMB-Principal Asset Management Bhd has declared distributions for 10 of its unit trust funds for the financial year ended Dec 31, 2006.
SOME naughty people have been selling subsidised diesel, apparently, to parties that don't deserve to be subsidised by taxpayers' money. This is a serious matter, seeing as the Government's expenditure on subsidising diesel has been rising over the last five years, from RM1.2bil in 2003 to RM3.34bil in 2004, RM3.33bil in 2005 and RM1.9bil in the first six months of this year.