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THE Selangor and Federal Governments are likely to go ahead with a plan to grant Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) a privatisation contract to supply fresh water in the state, Kuala Lumpur and Putrajaya despite the company's proposal to raise water tariffs by up to 45%.
PUNCAK Niaga Holdings Bhd could see an upward re-rating when it finalises the water privatisation agreement for Selangor with the Federal Government, AmResearch said in its research paper last week.
TENAGA Nasional Bhd (TNB) has turned in a good set of numbers for its second quarter as demand for electricity grew in tandem with the national economic expansion and as the group continued to lower its power generating cost.
From A.S. Toh, Petaling Jaya.
Loders Croklaan, which IOI Corp Bhd took over in 2002, is making its first major investment since the takeover.
THE relisting of Celcom (M) Bhd on the MSEB is only a matter of time, chairman Datuk Dr Mohd Munir Abdul Majid said.
FORMER Prime Minister Tun Dr Mahathir Mohamad said yesterday he had been appointed adviser to Perusahaan Otomobil Nasional Bhd (Proton) and would tell the national car maker to raise its game and find a suitable foreign partner.
EFFICIENCY will be the watchword at Tenaga Nasional Bhd (TNB) with Datuk Amar Leo Moggie at the helm.
China and New Zealand will begin talks next year on a formal free trade agreement, which could provide significant benefits to both economies, Prime Minister Helen Clark said Wednesday.
AN European Union-style economic integration will not happen in Asean within the next 10#150;20 years owing to the reluctance of governments in the region to give up control over their national finances, said International Trade and Industry Minister Datuk Seri Rafidah Aziz.