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Business

PMI plans capital revamp

Pan Malaysian Industries Bhd (PMI), a member of the Malayan United Industries Bhd (MUI) group, has proposed a capital restructuring scheme comprising a capital reduction scheme and rights issue.

Business

China pledges stable, balanced growth for 2006

SHANGHAI, China: China plans to control investment and promote growth in domestic demand in 2006, state media reported Friday, following an annual economic meeting of top Communist Party leaders.

Business

Manufacturing activity in Japan reaches 18-month high

Manufacturing activity in Japan expanded at the fastest pace in 18 months in November as robust demand at home, especially for cars, offset a lukewarm rise in orders from overseas, a survey showed yesterday.

Business

Singapore shares firmer as third quarter economic figures remain strong

SINGAPORE shares are expected to trade on a firmer note this week on hopes that economic growth in the third quarter will remain strong, dealers said.

Business

Japan’s production index hits 10-month high

Japan's factories cranked up production at the fastest pace in 10 months in June as healthy demand for goods at home drowned out tepid growth in orders from overseas, a survey showed yesterday.

Business

Worldwide business cools but growth still brisk

Businesses around the world felt the pinch from rising energy costs last month, according to surveys of some 10,000 executives, but the weakness was concentrated in manufacturing and global growth remains brisk.

Business

Singapore manufacturing growth stays on track

Growth in the manufacturing sector is on track despite the Purchasing Managers' Index (PMI) slipping to 49.7 points in April from 50.8 points in the previous month, economists said.

Business

Japan’s output at highest level in five months

Japanese manufacturers raised output to the highest level in five months in March, a survey showed yesterday, supporting a bullish outlook for the economy that has persisted despite a recent series of weak figures.

Business

PPGB to strengthen Thai, Indon ops

PELANGI Publishing Group Bhd (PPGB) is giving itself a year to develop and strengthen its two book production companies in Indonesia and Thailand, executive chairman and group managing director Samuel Sum Kown Cheek said.

Business

BAT shares fall as investors worry about earnings

SHARES in British American Tobacco (M) Bhd (BAT) fell RM1 to close at RM44.50 yesterday on concerns that its strategy to cut prices of select cigarette brands may hurt its earnings in the current fiscal year ending Dec 31.