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Business 13 Mar 2006 | 12:00 AM

GST and the property developers

In the first article of a two-part serieson goods and services tax (GST) inrelation to the property industry, BDOBinder Tax Services Sdn Bhd tax directorCHAN KEE HOONG focuses on GST's possible impact on a property developer. He shares the experiences from Singapore and Australia, countries that have implemented GST.

Business 11 Mar 2006 | 12:00 AM

News in brief

News briefs on: Measat, RHB, AirAsia, George Town, Sateras and BToto.

Business 10 Mar 2006 | 12:00 AM

Qantas to cut 480 maintenance jobs

Qantas Airways Ltd, the world's ninth largest airline by market value, will close its Sydney heavy maintenance base by May, resulting in about 480 job losses, to help lower costs amid higher fuel prices.

Business 09 Mar 2006 | 12:00 AM

TNB remains top pick among GLCs for Avenue Securities

Avenue Securities continues to rate Tenaga Nasional Bhd (TNB) its top pick among government-linked companies (GLCs) with an 'outperform' call on the stock despite a delay on electricity tariff review by the Government.

Business 08 Mar 2006 | 12:00 AM

Tan still reaching for new milestones

From selling chickens, vegetables and fruits,tycoon Datuk Tan Chin Nam went on to build abusiness empire. An avid horse owner and chess player, Tan has found a new interest: writing books to share his many life experiences.

Business 06 Mar 2006 | 12:00 AM

Petra poised to ride on oil and gas boom

FRESH from a successful foray into the marine support services sector, Petra Perdana Bhd is revving itself up to take advantage of the tremendous growth experienced by the oil and gas (OG) industry.

Business 03 Mar 2006 | 12:00 AM

Tenaga Nasional down on delay in tariff hike

The fall of the Kuala Lumpur Composite Index (KLCI) at the close of trading yesterday was partly due to the 30 sen drop in the price of blue-chip counter Tenaga Nasional Bhd (TNB).

Business 01 Mar 2006 | 12:00 AM

TM posts RM701m Q4 net loss on provisions

Telekom Malaysia Bhd (TM) reported a net loss of RM701mil for the fourth quarter ended Dec 31, 2005, versus a RM824mil net profit in the previous corresponding period, after making a huge payout of RM880mil to settle a legal dispute with DeTeAsia Holdings GmbH.

Business 01 Mar 2006 | 12:00 AM

Inflation at manageable level: Zeti

The inflation rate is expected to remain at a manageable level this year, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

Business 28 Feb 2006 | 12:00 AM

The cash plan

We will adopt a cash rationing policy and delay or ban discretionary expenses. Our cash situation would be monitored daily and we would look into ways to generate more cash.