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THE diversified businesses of Malayan United Industries Bhd (MUI), which has been keeping a low profile, will be more robust after the group cuts its huge borrowings and interest costs, analysts said.
Pan Malaysian Industries Bhd (PMI) shares inched up 1 sen to 3.5 sen on the day's heaviest volume of 24.5 million shares on Monday following the company's announcement on Friday that it had withdrawn its proposal for a share consolidation and rights issue.
If you feel for the victims of the earthquake in Yogyakarta, Indonesia, you can now send a message of support.
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.
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.
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.
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.
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.
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.
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.