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PETALING JAYA: The plantation industry is expected to pay an estimated RM12bil in total taxes this year due to the record-high crude palm oil (CPO) prices.
DESPITE the rally in major bond markets on Thursday – resulting in yields falling sharply – as investors scaled back expectations on the pace of interest rate hike by the US Federal Reserve (Fed) to quell inflation, the sentiment towards this fixed-income category in general remains cautious.
PETALING JAYA: Japanese conglomerate NTT has informed Malaysia that it is considering a new mega subsea cable from Japan to South-East Asia, with landing points in Sabah and Sarawak, says Transport Minister Datuk Seri Dr Wee Ka Siong.
PETALING JAYA: No digital investment was lost after the cabotage policy was reimposed, says Transport Minister Datuk Seri Dr Wee Ka Siong.
LAWAS (Bernama): Sarawak can afford to spend about RM1bil a month to support development efforts in the state next year, says its Chief Minister Datuk Patinggi Abang Johari Tun Openg.
PETALING JAYA: Crude oil price is expected to remain high with a rebound in global oil consumption while supply is expected to remain tight.
CALL me sentimental, but while everyone was lauding Tesla Inc’s astonishing rise to a more than US$1 trillion (RM4.15 trillion) market value on Monday, all I could think about was how wretched the rest of the auto industry must feel, and how they might respond.
SINGAPORE: Singapore state investor Temasek Holdings has set up a new investment vehicle initially targeting local firms valued at US$1bil (RM4.14bil) to US$5bil (RM20.74bil or RM13.8bil), as Singapore seeks to ramp up investments in fast-growing companies.
Dr Wee and Annuar did not contradict each other, both did not mislead House over cabotage policy, says Speaker
KUALA LUMPUR: Transport Minister Datuk Seri Dr Wee Ka Siong and Communications and Multimedia Minister Tan Sri Annuar Musa did not mislead the Dewan Rakyat over the national cabotage policy and the duo also did not contradict each other, says the Dewan Rakyat Speaker.