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Corporate News 24 Jun 2016 | 9:56 AM Premium

MyEG fined RM2.7mil for harming competition in foreign worker insurance sale

KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has fined MY E.G. Services Bhd (MyEG) RM2.272mil for abusing its dominant position in how it manages online foreign workers permit (PLKS) renewals.

Business 01 Nov 2014 | 12:00 AM Premium

Palm stocks to ease in 2014 and 2015 as demand picks up

KUALA LUMPUR: Malaysian palm oil stocks could drop 14% by the end of 2014 from 2.09 million tonnes at the end of last month, a senior official of the Malaysian Palm Oil Board (MPOB) said, as export demand and domestic food and fuel needs pick up.

Business 27 Nov 2012 | 12:00 AM Premium

The difficult birth of the IMF and World Bank

WASHINGTON: Lost for decades before their chance discovery by a US official, the raw transcripts of the Bretton Woods conference reveal the difficult birth of the International Monetary Fund and World Bank in 1944.

Business 02 Jan 2012 | 12:00 AM Premium

A new year; a new job, a new home, a new phone, a new relationship... ...

THE start of a new year can mean many things to different people. A new job, a new home, a new phone, a new relationship ....

Business 08 Aug 2011 | 12:00 AM Premium

Asean economic ministers to discuss Asean economic community

BALIKPAPAN (East Kalimantan): Asean economic ministers, who will meet in Manado, Sulawesi, Indonesia, this week are expected to assess the progress made thus far by member states in their readiness towards the establishment of the Asean Economic Community (AEC) in 2015.

Business 08 Aug 2011 | 12:00 AM Premium

Iran's oil minister: Replace foreign oil companies

TEHRAN, Iran: Iran's new oil minister says he wants the Revolutionary Guard's economic conglomerate to replace foreign gas and oil companies, the official IRNA news agency reported.

Business 12 Jun 2010 | 12:00 AM Premium

Promoting competition

THE Competition Bill 2010, which was passed last month and expected to be implemented by mid- or end of 2011, is aimed at creating a better business environment and to check against anti-competitive practices.