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Events challenging investment scene
MALAYSIA is in the midst of an interesting flux of events that has culminated in such a manner as to challenge our policy makers.
Rethinking the planning process
Shankaran Nambiar writes about the planning process in Malaysia and what could be done to improve it.
New president of Bolivia's state energy company envisions continental partnership
The new president of Bolivia's state energy company said Saturday he wants to help create a continentwide energy alliance that would compete with powerful multinationals and eventually control the price and production of oil and gas in Latin America.
China: Price controls won’t distort economy
China said yesterday that its newly introduced price controls will not distort the economy but analysts warned that sustained interference could result in shortages and a black market.
Chavez threatens to seize Venezuelan banks that don't finance agriculture
CARACAS, Venezuela (AP): President Hugo Chavez threatened on Saturday to take control of banks that fail to meet state-imposed lending requirements designed to benefit Venezuela's farmers.
New era of windfall profits tax
THE announcement by the government of a tax on 'windfall profits' of oil palm plantation operators and independent power producers (IPPs) represents a trend among economies where there are specific sectors benefiting from the bonanza in terms of high prices of certain commodities.
FTAs are more than just an economic pact
IN RECENT years there has been a tremendous increase in the number of Free Trade Agreements (FTAs), in which two or more nations agree to reduce trade barriers substantially.
Venezuela's Petrocaribe oil-supply pact expands to include Guatemala
MARACAIBO, Venezuela (AP) - President Hugo Chavez said Saturday that he is expanding his Venezuela's Petrocaribe oil-supply pact to include Guatemala.
No deal between Venezuela, Cemex on takeover
CARACAS, Venezuela (AP) - Venezuela's government said it was poised to seize a cement company owned by Mexico's Cemex SAB at midnight Monday after failing to reach a deal on terms for its nationalization.
Dire warnings fail to sway US senators on US$700b bailout
Refusing to be pushed, Republicans and Democrats alike rebuffed dire warnings Tuesday from the government's top economic officials of recession, layoffs and foreclosed homes if Congress doesn't quickly approve the administration's emergency $700 billion financial bailout plan.
