PETALING JAYA: British American Tobacco (M) Bhd (BAT Malaysia) hopes the upcoming Budget 2011 will continue to reflect a balanced, moderate and gradual excise increase regime as the previous year.
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BAT hopes there won’t be a sudden spike in excise duty
PETALING JAYA: Petronas Chemicals Group Bhd is likely to list at a price earnings multiple of around 15 times earnings, similar to what analysts are expecting in the coming listing of Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE), industry experts familiar with the exercise said.
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Petronas Chemicals to list at PE of 15 times, reportedly worth RM6.2bil
PETALING JAYA: Tan Chong Motor Holdings Bhd has secured the exclusive right to assemble and distribute completely knocked-down buses under the Silver Bus brand from Xi’an Silver Bus Corp in Malaysia and other countries which the two parties agree on later.
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Tan Chong secures exclusive rights to assemble CKD buses
PETALING JAYA: Mitsubishi Motors Malaysia is set to revive the Pajero name in Malaysia with the impending arrival of the fourth-generation Pajero.
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Mitsubishi to launch highest spec Pajero
PETALING JAYA: American socialite, actress and singer Paris Hilton will make a whirlwind 24-hour visit to Malaysia this month.
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Paris coming to KL
KUALA LUMPUR (Bernama): Muslims in Malaysia will celebrate Aidilfitri on Friday, said Keeper of the Rulers’ Seal Engku Tan Sri Ibrahim Engku Ngah.
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Hari Raya Aidilfitri falls on Friday
PETALING JAYA: As Malaysia goes into overdrive to promote private investments, the trend towards further liberalisation, ease of doing business, minimal red tape and bureaucracy, and greater transparency is inevitable.
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Critical for Malaysia to regain competitive edge
PETALING JAYA: There are plans in the pipeline to impose stricter credit-card and personal-loan limits to maintain household debts in Malaysia at a healthy level.
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Steps to check household debt
SINGAPORE: Malaysian private equity firm Navis Capital Partners, one of the bidders for Carrefour’s operations in Singapore and Malaysia, has raised US$1.2bil for a fund that will invest in Asian companies.
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Carrefour bidder Navis raises US$1.2bil
BANGKOK: Malaysia and Thailand’s tourism ministries have announced greater bilateral cooperation to enhance the potential travel between the two countries, said Tourism Minister Datuk Seri Dr Ng Yen Yen.
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Closer ties with Thailand
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The 2010 FIFA World Cup is said to have injected more than US$5.363 billion (39 billion Rand or RM16.7 billion) into South Africa’s economy, contributing 0.1 percentage point to the country’s gross domestic product (GDP), it was revealed here.
KUALA LUMPUR: Eight Chinese primary schools nationwide will be given RM21.7mil under a special allocation by the Education Ministry.
A former bodyguard for Britney Spears claims in a lawsuit that he was subjected to repeated sexual harassment by the singer.
BILLINGS, Montana: A federal bankruptcy judge said he would not reward the "greedy antics" of financial giant Credit Suisse by ordering the repayment of a $229 million loan it arranged for Montana's exclusive Yellowstone Club.
GAINESVILLE, Fla. (Reuters) - An obscure U.S.