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Business

All ears when Greenspan talks

Federal Reserve Chairman Alan Greenspan seems like he's everywhere these days, peering out from black horn-rimmed glasses and waxing on about Social Security, Medicare, deficits, consumption taxes, financial illiteracy, even liquefied natural gas.

Business

Water project loan deal in sight

THE Japanese Bank of International Cooperation (JBIC) and the Malaysia Government are expected to sign a loan agreement soon to fund the construction of the RM3.8bil Pahang-Selangor water transfer project.

Business

Infobid targets rail job in Thailand

CIVIL engineering company Infobid (M) Sdn Bhd, which has secured two Thai government contracts worth RM145mil early this year, is eyeing a slice of Thailand's US$5bil (RM19bil) double-tracking railway project, managing director G. Muralimohan said.

Business

Tunnelling to success in Taiwan

AUG 9 last year will always be important for the Malaysian construction and infrastructure company Gamuda Bhd. That was the day the first tunnelling machine of its Kaohsiung Mass Rapid Transit (KMRT) project saw daylight after spending months digging under the busy streets of Taiwan's second largest city.

Business

MMC welcomes rail project revival

MMC Corp Bhd welcomes the revival of the double-tracking electrification rail project, which had been put on hold since December 2003, said group chief executive Datuk Ismail Shahudin.

Business

Malaysia and Japan to announce sealing of economic partnership pact

THE Malaysian and Japanese governments are believed to have agreed on most of the basic principles outlined under the Japanese-Malaysia Economic Partnership Agreement (JMEPA).

Business

No let-up in revamps by Khazanah

KHAZANAH Nasional Bhd has reaped big dividends from the value of its portfolio during the year after it kicked off a major overhaul of its investments and will continue major revamp of some of its prized assets, Khazanah managing director and chief executive officer Datuk Azman Mokhtar said.

Business

Khazanah sees improved values in GLCs

The first year of the massive revamp of government linked companies is ovber. Khazanah Nasional Bhd managing director Datuk Azman Mokhtar gave a report card of the performance of those companies and what would be in store for some of them.

Business

BLand’s proposed stake sale depends on financing

WILL Intan Utilities Bhd's minority shareholders approve Tan Sri Vincent Tan's plans to resolve the long standing inter-company loan issue between his flagship Berjaya Land Bhd (BLand) and Berjaya Sports Toto Bhd (BToto)?

Business

Hong Kong's highest court approves IPO of property trust

Hong Kong's highest court on Wednesday approved the initial public offering of what could be the world's biggest real estate investment trust, ending an eight-month legal wrangle that stoked concerns that the city's reputation as a global business capital was eroding.