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Tower REIT listing based on 2 prime properties in KL
Tower Real Estate Investment Trust (REIT) is planning a listing on Bursa Malaysia based on the investment portfolio of two prime properties in Kuala Lumpur.
Better outlook for Asia steel stocks
After a steep fall late last year, Asian steel stocks are making a comeback, helped by signs that prices have bottomed and demand is picking up.
Unisem finds synergy in the China market
CHIPMAKER Unisem (M) Bhd, eyeing the growing semiconductor demand in China, is already planning additional investment in its proposed plant in Chengdu. Chief executive officer John Chia said it would invest an additional US$30mil this year in research and development (RD) equipment at the new facility, expected to be operational by April.
Unisem rises on better outlook for chip sector
SHARES in Unisem (M) Bhd surged to a five-month high yesterday after a stockbroking firm said the company was in the best position to benefit from the rising global semiconductor sales.
Malaysia third quarter trade surplus up 60% to RM17b
Malaysia recorded a 60.4% or RM6.4bil increase in the overall surplus balance for the third quarter ended September to RM17bil compared with the second quarter.
Improving skills of workforce
StarBiz gets comments from various CEOs on their outlook for the year 2006. Here are the CEO Outlook 2006 on LaFarge, FedEx and Nokia.
Deferment of ban a boon to cigarette companies
THE Cabinet decision to defer the ban on the sale of 14-stick cigarette packs, or small packs, to 2010 could be the much-needed boost to cigarette companies' sales, analysts said.
Tech stocks fall, GM helps Dow
US technology stocks fell on Friday after the world's largest chipmaker, Intel Corp, raised its second-quarter outlook by less than some investors had hoped, but gains in General Motors Corp pushed the blue-chip Dow slightly higher.
Better outlook seen for DiGi.Com in FY2005
Digi.Com Bhd, the country's smallest cellular player by subscriber base, is expected to perform better going forward given its potent combination of user-friendly, straightforward product offerings and rejuvenated brand appeal.
