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MPI second quarter profit rises five-fold to RM44.6mil
MALAYSIAN Pacific Industries Bhd (MPI) posted RM44.6mil in pre-tax profit for its second quarter ended Dec 31, 2003, an increase of almost five-fold from RM7.5mil in the previous corresponding quarter.
Chip sector recovery gains pace
THE broad-based recovery of the global semiconductor industry is gaining strength. This, industry players say, would soon be reflected in the earnings of local chipmakers, which have ramped up production to meet increased orders.
Groups to work towards setting up of media council
A working committee, representing different interest groups including media owners, is to be set up as the first step towards forming a media council after a forum to discuss the setting up of the watchdog organisation.
Positive market outlook for 2004
Whichever way the KLSE in 2003 will be looked at, it will be remembered as a roller coaster of a ride. From gloom of war and the despair of SARS to the euphoria of a multi-month rally that ended the three-year bear market, investors finally managed to revel in a booming stock market with no stumbling impediments in sight.
Star staff win media awards
I>The Star/Iexecutive editor Datuk Wong Chun Wai has won the Malaysian Press Institute (MPI) best English news/features journalism award for a write-up on Militant Groups in Malaysia.
CI down but interest in lower liners buoys sentiment
THE KLSE Composite Index (CI) fell four points or 0.5% to 813 yesterday on profit-taking in large-cap stocks but buying interest in lower liners, especially second board and technology stocks, helped buoy sentiment.
CEOs: Better KLSE outlook in 2004
Many CEOs say that they expect the Kuala Lumpur Stock Exchange (KLSE) to perform even better in 2004.
