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Business

IPPs’ RM20b bonds may be downgraded with windfall tax

The independent power producers (IPPs) face a possible downgrade of their bonds with the Windfall Profit Levy (Electricity) Order 2008, which came into effect on July 1.

Business

IPPs alarmed over possible windfall levy

Malaysia's independent power producers (IPPs), alarmed over a possible imposition of a windfall profit levy, has strongly urged the government to review and defer the imposition of such a levy which would have far reaching implications for the country and the IPPs

Business

Board merger to result in more efficient market

Local CEOs are upbeat the proposed unified board would allow second board companies better access to the capital market, facilitate capital raising and further add confidence in the stock market.

Business

Bursa boards to be unified

Prime Minister Datuk Seri Abdullah Ahmad Badawi announced a streamlining of Bursa Malaysia's main and second boards, as well as the structure of Mesdaq market.

Business

Corporate leaders share expansion plans and strategies

UMW Holdings Bhd is looking to invest some US$70mil to build a tubular plant in India.

Business

Move to boost non-ringgit bonds

The Government's proposal to liberalise the bond market approval framework announced at the launch of Invest Malaysia 2008 may see the issuance of more non-ringgit denominated debt.

Business

Nor Mohamed: Economy still fundamentally strong

Malaysia's economy is 'fundamentally strong' amid challenges in the external environment, according to Second Finance Minister Tan Sri Nor Mohamed Yakcop.

Business

KLCI rallies 24pt at midday; HK soars

Blue chips surged in the morning session on Tuesday, in tandem with the strong key regional markets, as sentiment was boosted by JP Morgan's revised offer for Bear Stearns shares from US$2 to US$10 (RM6.40 to RM32).

Business

Top performing stocks going places and exit from Bursa Malaysia

WHEN was the last time Bursa Malaysia saw a dull stock being taken private?

Business

Aseambankers wins Euromoney award

Aseambankers Malaysia Bhd was awarded the MA House of the Year Award by Euromoney in Hong Kong last night.