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Tabung Haji on falling rental yields

PETALING JAYA: Lembaga Tabung Haji (LTH) decided to let out its Grade A office building at below market price as the pligrim fund would rather see it occupied than being empty.

If Iran opens its oil sector, will Saudi Arabia be next?

LONDON: Iran has taken a big step toward bringing foreign investors back into its oil and gas sector. The experience of neighbouring Iraq shows it still has a long road to walk, though – if successful -- there may well be a lesson here for Saudi Arabia on opening up to outside help.

Tee: Stability key to country’s economic success

PONTIAN: Political stability is the main factor that foreign investors are looking at beforeinvesting in a country, said Johor Tourism, Trade and Consumerism committee chairman Datuk Tee Siew Kiong.

Japan protests over China's radar unit near disputed waters

TOKYO (Reuters) - Japan has filed a protest to Beijing after the discovery that China installed radar equipment in a gas exploration platform close to disputed waters in the East China Sea, a Japanese foreign ministry spokesman said on Sunday.

China installs radar in disputed waters

TOKYO: China has installed a radar with potential military functions in a disputed area of the East China Sea, Japanese media said Sunday, in the latest flare-up of tensions between the two countries.

Blast in Iran gas pipeline not sabotage, under control - state TV

ANKARA/ DUBAI (Reuters) - A fire from a gas pipeline explosion in Iran early on Saturday near the town of Gonaveh in the southern province of Bushehr, has been brought under control and did not cause any fatalities, the news agency of the country's oil ministry said on Saturday.

Berkshire profit up 25% as insurance helps, BNSF weighs

NEW YORK: Berkshire Hathaway Inc on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains and the purchase of Precision Castparts Corp, Warren Buffett's largest acquisition.

Using poop to power homes

Pa Deng (Thailand): Nestled in a deep pocket of forest that lies off Thailand’s electrical grid, villagers in Pa Deng have become early adopters and evangelists for an unusual alternative energy source: poop.

Uzma’s low costs keep it going

DESPITE the ongoing downcycle in the offshore oil and gas exploration industry, Uzma Bhd says its Tanjung Baram marginal oilfield venture remains a feasible project, thanks to the group’s ability to keep costs low.

Debt load problems remain in oil and gas industry

THE near-demise of Singapore-listed oilfield services company Swiber Holdings Ltd has cast a large shadow on its Malaysian peers who are facing similar mounting debts, a lack of new tenders and a depleting cash pile.