Malaysia Business News Headlines | Business Copyright © 2007 Yahoo! Singapore Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. http://malaysia.news.yahoo.com/business-news-malaysia.html en-en Fri, 29 Aug 2008 22:37:34 +0800 5 Yahoo! Malaysia News http://malaysia.news.yahoo.com/business-news-malaysia.html http://sg.yimg.com/i/my/mastheads/222x39_ma_malaysia_news.gif 39 222 <![CDATA[BUDGET A BOOST FOR FOREIGN COMPANIES TO BE LISTED ON BURSA MALAYSIA]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-bursa-reaction-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-bursa-reaction-ceeeaba_1 Fri, 29 Aug 2008 22:37:34 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- The move under the 2009 Budget for tax exemption on fees received by domestic intermediaries which successfully list foreign companies and foreign investment products in Bursa Malaysia is timely to internationalise the capital markets, according to the exchange top official. Bernama <![CDATA[DESPITE FEEL GOOD BUDGET, GOVT NEEDS TO BE WATCHFUL OF INFLATION, SAYS ECONOMIST]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-budget-reaction-inflation-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-budget-reaction-inflation-ceeeaba_1 Fri, 29 Aug 2008 22:34:02 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- Despite having presented a "feel good" 2009 Budget, which is expected to benefit most Malaysians, the government needs to be watchful of inflation and must continue to tackle the structural problems in the economy, says a leading economist. Bernama <![CDATA[BIMB HOLDINGS BHD REGISTERS 40 PCT GROWTH IN PROFITS]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-bimb-growth-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-bimb-growth-ceeeaba_1 Fri, 29 Aug 2008 22:11:41 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- BIMB Holdings Bhd recorded RM1.42 billion in revenue for its financial year ended June 30, 2008, a 16 percent increase, compared to the RM1.22 billion for the corresponding period in 2007. Bernama <![CDATA[ELIMINATION AND REDUCTION OF IMPORT DUTY GIVES MINIMAL IMPACT ON LOCAL PRODUCERS, SAYS FMM]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-budget-reaction-fmm-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-budget-reaction-fmm-ceeeaba_1 Fri, 29 Aug 2008 22:09:59 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- The elimination and reduction of import duty on food items, dairy products, fruit juices, raw materials for plastics, plastics products and electrical household appliances will have minimal impact on domestic producers, says Federation of Malaysian Manufacturers (FMM). Bernama <![CDATA[BUDGET 2009 MEASURES WILL HELP IN DEVELOPING REGIONAL LEVEL BOND MARKET, SAYS OCBC]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-budget-reaction-bond-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-budget-reaction-bond-ceeeaba_1 Fri, 29 Aug 2008 22:09:45 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- Critical measures are required to develop regional level bond markets and the supporting infrastructure, in the country's effort to further develop the Islamic capital market, said OCBC Bank. Bernama <![CDATA[MORE VIBRANT ICT ENVIRONMENT EXPECTED FROM 2009 BUDGET]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-budget-reaction-ict-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-budget-reaction-ict-ceeeaba_1 Fri, 29 Aug 2008 21:57:35 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- The 2009 Budget will propel greater adoption of information and communication technology (ICT) across all industries, spurring an even more vibrant ICT environment, say ICT players. Bernama <![CDATA[MULTINATIONALS & CONSULTANTS WILL GAIN FROM ADVANCE PRICING ARRANGEMENT]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-deloitte-budget-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-deloitte-budget-ceeeaba_1 Fri, 29 Aug 2008 21:51:05 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- Multinationals and consultants will gain from the Advance Pricing Arrangement (APA), says Deloitte Malaysia's executive director Ng Kim Lian. Bernama <![CDATA[OSK'S HALF YEAR PRE-TAX PROFIT DOWN TO RM137.262 MLN]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-osk-results-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-osk-results-ceeeaba_1 Fri, 29 Aug 2008 21:19:41 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- OSK Holdings Bhd announced that its pre-tax profit for the half year ended June 30, 2008 dropped to RM137.262 million from RM253.550 million in the corresponding period of the previous year. Bernama <![CDATA[CPPS SAYS BUDGET COULD HAVE RELAXED FIC GUIDELINES ON EQUITY OWNERSHIP]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-budget-reaction-mef-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-budget-reaction-mef-ceeeaba_1 Fri, 29 Aug 2008 21:14:04 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- The Foreign Investment Committee guidelines for equity ownership should be loosened to encourage domestic and foreign investment, the Centre for Public Policy Studies (CPPS) said today. Bernama <![CDATA[RELIEF FOR DRINKERS, DISAPPOINTMENT FOR SMOKERS]]> http://malaysia.news.yahoo.com/bnm/20080829/tbs-reactioion-alcohol-ceeeaba.html /bnm/20080829/r_t_bnm_bs_my/tbs-reactioion-alcohol-ceeeaba_1 Fri, 29 Aug 2008 21:12:43 +0800 KUALA LUMPUR, Aug 29 (Bernama) -- While the drinkers will toast to the fact that they will not have to pay more for their drinks, the smokers are surely disappointed with Budget 2009. Bernama