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Syabas likely to get water deal despite proposed tariff hike

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 may see upward re-rating after deal

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.

TNB swings back into profit in second quarter

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.

Light at the end of the tunnel

From A.S. Toh, Petaling Jaya.

IOI’s Loders to build RM180m palm oil refinery in Rotterdam

Loders Croklaan, which IOI Corp Bhd took over in 2002, is making its first major investment since the takeover.

Celcom relisting only matter of time, says Munir

THE relisting of Celcom (M) Bhd on the MSEB is only a matter of time, chairman Datuk Dr Mohd Munir Abdul Majid said.

Dr M: Proton must raise its game

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.

Moggie to focus on efficiency at TNB

EFFICIENCY will be the watchword at Tenaga Nasional Bhd (TNB) with Datuk Amar Leo Moggie at the helm.

New Zealand, China to open free trade talks

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.

Non-economic factor in way of EU-style Asean

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.