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Letters 05 Sep 2005 | 12:00 AM

US move stirs up a storm at UN

The world was shocked last week at how Hurricane Katrina turned an American city into a chaotic mess. In New York, another hurricane was sweeping the United Nations as a United States proposal is putting at risk a UN Summit that will start on Sept 14.

Business 05 Sep 2005 | 12:00 AM

China opts for crawling peg system

CHINA took the world by surprise on July 21, 2005, by revaluing its currency, which has remained pegged to the US dollar since 1994 at around 8.3 yuan to the greenback. Unlike the ringgit, which was on a rigidly fixed exchange rate system, the Chinese yuan's fixture was somewhat less rigid in the sense that tiny variations were still possible within an extremely narrow band of 8.28-8.31 to the US dollar.

Business 31 Aug 2005 | 12:00 AM

Second half looks brighter for cement makers

Several cement manufacturers are having sleepless nights these days, no thanks to price competition and higher production costs.

Business 26 Aug 2005 | 12:00 AM

MPOPC, South Africans in red palm oil drive

The Malaysian Palm Oil Promotion Council (MPOPC) is joining hands with South African scientists to initiate programmes aimed at developing further applications of red palm oil.

Business 24 Aug 2005 | 12:00 AM

Public Bank named Best Retail Bank

Public Bank has clinched the award for the 'Best Retail Bank in Malaysia 2004' for the third time under I>The Asian Banker's/I'Excellence in Retail Financial Services Award Programme''.

World 23 Aug 2005 | 12:00 AM

Japan's population may shrink faster than expected

Japan's falling birth rate and ageing population have fuelled concerns about future growth in the world's second-largest economy, and experts have previously said the population was likely to start shrinking in 2007.

Nation 12 Aug 2005 | 12:00 AM

MCA and Chinese bodies to set up special council

The MCA and various Chinese associations and guilds will set up a Malaysian Chinese Economic Consultative Council as a platform to participate in the nation's economic competitiveness, development and sustainability.

Business 11 Aug 2005 | 12:00 AM

IJM may join group eyeing road project in Pakistan

IJM Corp Bhd is likely to be part of a consortium comprising five Malaysian firms that is eyeing a road project near Islamabad, Pakistan, said managing director Datuk Krishnan Tan.

Community 10 Aug 2005 | 12:00 AM

Partnership a boost to conserve billfish

RENOWNED for its distinct beauty and said to be one of the biggest marine fishes, the billfish is under serious threat of extinction as it is highly sought after among anglers and netted on a mass scale by fishermen.

Business 09 Aug 2005 | 12:00 AM

Ministry plans to inject RM30bil under 9MP

The Ministry of Works plans to inject an estimated RM30bil under the 9th Malaysian Plan (9MP) between 2006 and 2010, to enhance the growth of the construction sector.