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Business

Felda buying more land overseas

Plantation giant, the Felda group, is believed to be on an acquisition trail for more plantation land bank abroad.

Business

KHSB’s halal hub to start ops in six months

Kumpulan Hartanah Selangor Bhd (KHSB) expects its Selangor Halal Hub in Pulau Indah, Selangor, to be up and running in the next six months.

Business

Felda outlines 5-year plan

Felda group has outlined a dynamic five-year plan (2005-2009), which will see the plantation giant's pre-tax profit surging to RM3bil on RM13bil turnover by end-2009.

Business

Felda outlines global strategy

WHILE plans for its proposed listing is still up in the air, Felda Holdings Bhd is set to drive the Felda group's five-year grand plan into motion that aims to transform the plantation giant into a formidable champion in the global oil palm sector.

Business

Tabung Haji property division to earn more

LEMBAGA Tabung Haji expects its property division's revenue to triple to between RM150mil and RM200mil this year, thanks to the progress of its RM7bil integrated township, @enstek, by property arm TH Properties Sdn Bhd, TH Properties chief executive officer Syed Mohamed Ibrahim said.

Business

No progress in Felda listing plan

THE Federal Land and Development Authority (Felda) has put aside plans for an initial public offering (IPO) in order to focus on improving the living conditions of its poor planters, its chairman said yesterday.

Business

Bakke to take over as Felda Holdings MD from Dec 1

Felda group has appointed Datuk Mohd Bakke Salleh as Felda Holdings Bhd managing director with effect from Dec 1.

Business

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.

Business

BioX seeks palm oil biomass supply

BIOX Group BV (BioX), Europe#039;s largest and fastest-growing supplier of special biofuel blends for the energy sector, has mapped out big plans for Malaysian oil palm biomass - the prized raw material for its four soon-to-be-constructed 50MW biofuel power plants in the Netherlands.

Business

MPOA: Potential for growing use of palm oil as raw material

Malaysian Palm Oil Association (MPOA) welcomes news that Procter Gamble (PG) is investing in palm oil production to reduce its reliance on crude oil by up to 20%.