Business
EWOC’s planters scheme to hit 75pc take-up rate by year-end
KOTA KINABALU, May 19 — Sabah-based East West One Consortium Bhd (EWOC), expects the take-up rate for its East West One Planter’s Scheme (EWOPS), to hit 75 per cent by year-end, said Chief Executive Officer Datuk Dr Jessie Tang.
At present, 40 per cent of the oil palm oil investment scheme, has been sold to local and foreign investors.
“Our ... Read More
Buddhists attach Thai baht banknotes on an artificial tree with golden leaves during a mass alms offering ceremony in Bangkok May 19, 2013. — Reuters pic
Recent Articles
Worldwide aims to complete Puncak Bestari project by 2017
SHAH ALAM, May 19 — Property developer, Worldwide Holdings Bhd, aims to complete the seven phases of its 50.2-hectare Puncak Bestari project, in Puncak Alam, Selangor, by 2017.The project, with a gross ... Read More
Bundesbank chief says France must take deficit cuts seriously
BERLIN, May 19 — France has a special responsibility as a euro zone heavyweight to take deficit reduction rules seriously, even though its budget deficit is above target, Bundesbank President Jens ... Read More
Oil rises, despite firm dollar
NEW YORK, May 19 — Oil climbed for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted US equities, although a strong ... Read More
Dow, S&P end at records, stocks mark 4th week of gains
NEW YORK, May 19 — US stocks continued their climb into uncharted territory last week, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of ... Read More
Abdul Wahid to resign as Maybank president & CEO on June 4
JOHOR BAHARU, May 18 — Datuk Seri Abdul Wahid Omar, recently appointed as Minister in the Prime Minister's Department, will resign as President and Chief Executive Officer of Malayan Banking (Maybank) Bhd ... Read More
EU cites Chinese Telecoms Huawei and ZTE for trade violations
NEW YORK, May 18 — Europe’s top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and ... Read More
Germany’s Merkel visits Pope, urges tougher market controls
VATICAN CITY, May 18 — German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless "dictatorship of the economy", called for stronger regulation ... Read More
Indonesia offers 21 oil and gas blocks in tender
JAKARTA, May 18 — Indonesia opened a rights tender for 21 oil and gas exploration blocks today, two of which are for unconventional gas concessions on the islands of Borneo and Sumatra, as Southeast ... Read More
China April housing inflation quickens
BEIJING, May 18 — China’s housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging policymakers who are trying to cool record home prices while supporting ... Read More
Tech, labour brandish duelling studies in US immigration fight
WASHINGTON, May 18 — The technology industry and organised labour are locked in a fight that threatens to complicate the US Senate’s immigration bill.At the heart of the debate is whether there is a ... Read More
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- Brussels, Berlin lukewarm on Hollande’s euro zone vision
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- Petra Energy reports lower Q1 earnings
- MASkargo’s business plan gets MAS’ support
- Japan PM sets targets in latest growth strategy tranche
- Beyond the reach of banks, Indians targeted by outlaw fund scams
- Indonesia’s Pertamina looks to Talisman for help in 1st shale gas block
- After Google, Amazon to be grilled on UK tax presence
- Gold falls further in longest losing streak in four years
- China ups stakes in Australia power firms as Singapore retreats
- Bursa stays upbeat at mid-afternoon
- ECB eyes supervisory role to squeeze weak banks
- Weak US data sends dollar lower, Wall St seen down
- Asian shares mixed, dollar firmer on Fed remarks
- Global luxury goods market to cool in 2013, says Bain
- UMW may raise RM3b in energy unit IPO
- Petronas gas allocates five-year capex of RM8.1b
- Analyst calls for May 17
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