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Takaful Ikhlas Holds Course For Finance Ministry Staff

KUALA LUMPUR, March 11 (Bernama) -- Takaful Ikhlas Sdn Bhd, which offers takaful products and services, recently organised a course on Islamic finance for civil servants.

AmBank Increases Interest Rates For Fixed Deposits

KUALA LUMPUR, March 11 (Bernama) -- AmBank (M) Bhd has increased the interest rates for fixed deposits, effective on Thursday.

Entrepenuers From NCER Should Participate In Trade Missions Overseas

KANGAR, March 11 (Bernama) -- Entreprenuers operating in the Northern Corridor Economic Region should be allowed to participate in trade missions overseas.

Axiata To Offer Up To 20 Pct XL Shares To Institutional Investors

KUALA LUMPUR, March 11 (Bernama) -- Axiata Group Bhd has proposed to offer up to 20 per cent equity interest in its 86.5 per cent-owned subsidiary, PT XL Axiata Tbk, to institutional and sophisticated investors.

Proton Says MTUC Statement On Staff Pay Inaccurate

KUALA LUMPUR, March 11 (Bernama) -- Proton Holdings Bhd on Thursday said the statement by Malaysian Trades Union Congress (MTUC) secretary-general G. Rajasekaran, claiming that more than 2,000 Proton staff had been receiving monthly basic salary of RM600 since 2003, was not accurate.

Gulf Petroleum To House RM17 Bln Oil, Gas Complex In PD

SEREMBAN, March 11 (Bernama) -- Qatar-based consortium, Gulf Petroleum Ltd, has selected Port Dickson (PD) to house its RM17 billion integrated oil and gas complex.

Palm Oil Potentially Strong To Emerge As Major Biofuel If Crude Prices Surge

By Wan Nor Azura Mior Abd Aziz

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil, along with other edible vegetable oils, has a strong potential to emerge as a major biofuel if petroleum prices increase exhorbitantly, Chief Executive of the Malaysian Palm Oil Council (MPOC) Tan Sri Datuk Dr Yusof Basiron said on Thursday.