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SIME Darby Bhd has posted a higher profit for its latest financial quarter, but is cautious on the outlook for the remaining two quarters of its financial year, due to economic sluggishness induced by the threat of war in Iraq.
SIME Darby Bhd is expected to show bigger profits for the 2nd quarter of its current financial year but all eyes will be on whether the company raises its interim dividend accordingly.
THE Employees Provident Fund (EPF) wants to exert greater control and influence over companies in which it has a substantial stake. It plans to do so by seeking board seats in selected companies.
THE measures introduced by the United States recently to boost its economy are expected to have a positive impact on the Malaysian economy by next year, Deputy Finance Minister 1 Datuk Dr Shafie Mohd Salleh said.