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Sugar Subsidy Up Because Of Higher World Prices, Says Minister
KUALA LUMPUR, Feb 3 (Bernama) -- The sugar subsidy for this year to 2014 has increased because the higher world prices compared with the price signed under the long-term contract (LTC) from 2009 to 2011.
TNB To Power Up Bangladesh Via US$2.5 Billion Power Plant, Says Samy Vellu
By Prem Kumar Panjamothy
KUALA LUMPUR, Feb 3 (Bernama) -- Tenaga Nasional Bhd is keen to develop a 1,400-megawatt coal-based power plant in Cox's Bazar, Bangladesh worth US$2.5 billion (RM7.525 billion) on a joint-venture basis, to meet the demand for power in the country.
MASholidays, UCSI Host Korean Students For Edu-Vacation Programme
KUALA LUMPUR, Feb 3 (Bernama) -- MASholidays, the travel and tour arm of Malaysia Airlines, and partner UCSI University, welcomed on Wednesday the arrival of 18 South Korean students at KLIA who are participating in the Edu-Vacation Youth Programme.
Ringgit To Hit 3.0 Against Dollar If US Implements QE3
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit is likely to appreciate to 3.0 against the US dollar by year-end should the anticipated United States' plan to implement its third quantitative easing (QE3) in the second half of this year takes place.
Wah Seong Invests In Congo Oil Palm Industry
KUALA LUMPUR, Feb 3 (Bernama) -- Wah Seong Corp Bhd's (WSC) direct wholly-owned unit, WS Agro Industries Pte Ltd, has signed a subscription and shareholders' agreement with Silvermart Resources Inc and Giant Dragon Group.
Jennifer Connelly Is New Global Spokesperson For Shiseido
KUALA LUMPUR, Feb 3 (Bernama) -- In conjunction with its 140th anniversary celebration, Shiseido Co Ltd has signed on Academy Award-winning actress Jennifer Connelly as its new global spokesperson and face of its highly acclaimed premium skincare line, Future Solution LX.
Pubel Bedford Capital Under Investigation By Labuan FSA
KUALA LUMPUR, Feb 3 (Bernama) -- The Labuan Financial Services Authority (FSA) is currently conducting an investigation on Pubel Bedford Capital Ltd pursuant to the relevant provisions of the Labuan Financial Services Authority Act 1996 and the Labuan Financial Services and Securities Act 2010 (LFSSA).
