• Corporate & Featured and Exclusive  |  APRIL 2, 2015 5:32 PM

    Dr M: Why does Najib trust Jho Low?

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    Former Prime Minister Dr Mahathir Mohamad has slammed Jho Low’s links with 1Malaysia Development Bhd (1MDB), as well as his close relationship with Prime Minister Najib Abdul Razak.

  • Economy  |  APRIL 2, 2015 4:58 PM

    Oil palm sector hailed for eradicating poverty

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    Kudos to the Malaysian government for alleviating poverty and to ensuring food security for smallholders who are leading a decent life through oil palm cultivation.

  • Corporate & Featured and Exclusive  |  APRIL 2, 2015 4:49 PM

    ‘Medical tourism revenue to jump 1,400% by 2020’

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    Malaysia’s revenue from medical tourism is set to grow 14 times from US$188.7 million (RM692.3 million) in 2013 to US$2.65 billion by 2020, global consulting firm Frost & Sullivan said today. A large number of these receipts will be from …

  • Finance  |  APRIL 2, 2015 4:35 PM

    Saudi may issue first sovereign debt since 2007

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    Saudi Arabia may issue sovereign debt for the first time since 2007 this year after oil’s decline sent its cash reserves plunging, according to Ashmore Group Plc.

  • Corporate & Property  |  APRIL 2, 2015 4:23 PM

    Public urged to diversify property investments

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    Individuals seeking to invest in the real estate market have been advised not to put all their eggs in one basket but to spread their risk among several different investments.

  • Corporate & Featured and Exclusive  |  APRIL 2, 2015 4:13 PM

    Telcos retain higher prepaid prices; give 6% extra airtime

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    Four telcos have decided to give their prepaid customers 6% more airtime and SMSes, however, they have also retained their prepaid prices to include the 6% goods and services tax (GST) ie prices will remain at RM10.60 instead of RM10.

  • Corporate  |  APRIL 2, 2015 4:02 PM

    GST a huge leap forward for Msia, says economist

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    AMP Capital Investors' head of investment strategy/chief economist Shane Oliver said moving to a GST with a single tax rate dramatically simplified the tax system.

  • Corporate & Featured and Exclusive  |  APRIL 2, 2015 3:53 PM

    No GST on EPF withdrawals

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    Withdrawals from the Employees Provident Fund (EPF) are not subjected to the goods and services tax (GST), which took effect yesterday.

  • Corporate & Enterprise  |  APRIL 2, 2015 3:47 PM

    Najib launches new Tabung Haji fund

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    Prime Minister Najib Abdul Razak today launched the RM200 million Dana Bumiputera Al-Ansar Lembaga Tabung Haji (TH), which aims to strengthen and lift the economy of Muslim bumiputera entrepreneurs in the country.

  • Markets  |  APRIL 2, 2015 3:37 PM

    KL shares slightly higher at mid-afternoon; BAT up 54 sen

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    Shares on Bursa Malaysia were slightly higher at mid-afternoon today on mild buying support, with the FTSE Bursa Malaysia KLCI (FBM KLCI) 2.99 points higher.

  • Corporate, Economy, Featured and Exclusive  |  APRIL 2, 2015 3:30 PM

    M’sia to decide on TPPA in Q3 this year, says minister

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    Malaysia will decide whether it will be part of the Trans-Pacific Partnership Agreement (TPPA) in the third quarter of this year after the completion of the talks, said International Trade and Industry Minister Mustapa Mohamed.

  • Enterprise  |  APRIL 2, 2015 3:19 PM

    TM continues to promote ICT adoption among SMEs

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    Telekom Malaysia Bhd (TM) continues to provide support to the small office-home office, micro as well as small and medium enterprises (SMEs) to enhance their business models in line with the nation's economic development.

  • Corporate & Featured and Exclusive  |  APRIL 2, 2015 3:13 PM

    KPDNKK says 23,000 complaints on GST yesterday

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    The government seems to be getting conflicting reports about the number of complaints over the goods and services tax which came into effect yesterday.

  • World Biz  |  APRIL 2, 2015 3:12 PM

    Diageo snaps up rest of United National Breweries beer biz

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    Diageo, the world's largest spirits maker, said on Thursday it had agreed to acquire control of United National Breweries beer business in South Africa, buying the remaining 50% stake it did not already own.

  • Corporate & Featured and Exclusive  |  APRIL 2, 2015 3:01 PM

    815 complaints received on GST, says minister

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    A total of 815 complaints were received on the Goods and Services Tax (GST) on the first day of its implementation yesterday, the Dewan Rakyat was told today.

  • Singapore  |  APRIL 2, 2015 2:45 PM

    Keppel unit said to sell stake in office building

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    Keppel Land Ltd’s investment company is planning to sell its 50% stake in Capital Square, a 16-storey building in Singapore’s financial district, according to people familiar with the proposal.

  • Corporate  |  APRIL 2, 2015 2:45 PM

    Boustead to focus on building ships for RMN, says chairman

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    Boustead Heavy Industries Corp Bhd (BHIC) will continue its focus on building ships for the Malaysian military, says chairman Lodin Wok Kamaruddin.

  • Markets  |  APRIL 2, 2015 2:39 PM

    Asian stocks halts longest slump since February

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    Asian stocks halted their longest slump since February and the dollar weakened as investors await US jobs data. Oil pared its weekly gain. The MSCI Asia Pacific index rose for the first time in six days, adding 1.2% by 2:38 …

  • Markets  |  APRIL 2, 2015 2:35 PM

    Ringgit leads Asia gains on disappointing US data

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    Malaysia’s ringgit led an advance in Asia as US data that missed estimates sent the US dollar lower and cast some doubt on the timing of a Federal Reserve (Fed) rate increase.

  • World Biz  |  APRIL 2, 2015 2:24 PM

    Country Garden shares rally on stake sale

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    Stocks and bonds of Country Garden Holdings Co, the Chinese real estate developer controlled by China’s second-richest woman Yang Huiyan, rallied after the company said it’s selling a stake to Ping An Insurance Group Co.