EU’s biodiesel tax move raises concern

Filed Under (Green Economy) by Fred Chan on 21-03-2011

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Malaysia and Indonesia expressed concern over a plan by the European Union (EU) to impose import taxes on US biodiesel, potentially damping the outlook for alternative fuels made from vegetable oils and grains.

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Dow closes at 6-year low

Filed Under (Business News) by Fred Chan on 21-03-2011

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The Dow industrials ended at a fresh six-year low Friday, as worries about the outlook for the banking sector exacerbated fears of a prolonged recession.

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Malaysia – Cushioning the impact of a downturn

Filed Under (World Economy) by Fred Chan on 20-03-2011

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THE government should put more money in people’s pockets and spend on areas with high multiplier effects to cushion the impact of the global economic slowdown, a veteran of the post-1998 economic recovery efforts said.

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