TNB looks into nuclear power
National Utility firm, Tenaga Nasional Bhd (TNB) has set up a task force to do a pre-feasibility study on nuclear power as the alternative energy in view of the higher oil prices.
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Shares end higher
SHARE PRICES on Bursa Malaysia closed higher yesterday with investors buying into selected heavyweights such as Sime Darby, Gamuda, Proton and Malaysia Airlines, dealers said.
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A gradual liberalisation of auto sector: Muhyiddin
Malaysia, while fully-committed to fulfilling its multilateral commitments under the World Trade Organization (WTO), is in no hurry to further liberalise its automotive sector, said Minister of International Trade and Industry, Tan Sri Muhyiddin Yassin.
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Min reassures of a commendable GDP growth
Malaysia is confident of achieving a respectable rate of gross domestic product (GDP) growth, given the sustained performance of the domestic economy as the strong economic fundamentals, Second Finance Minister Tan Sri Nor Mohamed Yakcop (picture)said yes
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Bank Rakyat says profit could hit RM1b bln
Bank Rakyat’s target to register RM1 billion profit this year is within range after its profit before tax and zakat for the first half ended June 30, 2008, rose 42.8 per cent to RM515.7 million from RM361.2 million in the same period last year.
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Shares close lower
SHARE PRICES on Bursa Malaysia closed slightly lower yesterday with investors selling their holdings on selected heavyweights, particularly plantation stocks, dealers said.
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Perwaja calls for lower natural gas price
Perwaja Holdings Bhd has appealed to the government to revert the natural gas price to RM11.32 per mmBtu (million metric British thermal unit) from RM23.88 if it is used as feedstock only and not for burning purposes.
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RM14.5 bln sukuk deals sealed in 1H
A total of 34 new sukuk deals, with a combined issuance value of RM14.5 billion, were successfully closed in the first half (1H) of this year despite a turbulent environment, said RAM Ratings.
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Proton seeks foreign partner: Muhyiddin
Proton Holdings Bhd, which ended talks with Volkswagen AG last year, needs to seek a foreign partnership to be more competitive in the automotive market, says Minister of International Trade and Industry Tan Sri Muhyiddin Yassin.
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