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Unisem, MPI up on better chip outlook
Shares of two of the largest semiconductor producers in the country - Unisem (M) Bhd and Malaysian Pacific Industries Bhd (MPI) - yesterday rose on expectation of a better outlook and stronger demand for chips in the fourth quarter of this year.
Better industry outlook likely to spur MAs among retailers
THE retail industry is expected to see more mergers and acquisitions (Mamp;As) in the coming years in view of the better industry outlook as well as increased competition, particularly with the entry of many foreign players.
Globetronics still on expansion trail
GLOBETRONICS Technology Bhd, in line with its business strategy to maintain its status as a regional player in the integrated circuit (IC) chip industry, will continue to explore possible sites around the world to establish chip production facilities.
Revisiting and renewing favourites
FROM a Marvel-perspective, the term #8220;reborn#8221; unearths different connotations. To some collectors, it brings back bad memories of the Heroes Reborn-debacle, where high-profile ex-Marvelites were recruited to re-model the #8220;image#8221; of earth#8217;s Mightiest Heroes and the Fantastic Four.
Industrial output surges ahead
INDUSTRIAL activity in the country surged in May at its fastest pace since the fourth quarter of 2000 as two of the three sectors of the Industrial Production Index (IPI) recorded strong double-digit percentage gains.
ACNielsen sees better H2
ACNIELSEN Malaysia forecasts a better outlook in the economy in the second half of the year based on the trend seen in the results of its latest survey completed last week.
Better outlook seen for Patimas this year
PATIMAS Computers Bhd expects to see better performance this year in line with the continued demand for information technology (IT) products and its acquisition of an IT company Tsun Macro Sdn Bhd.
CI resumes climb after breather
THE local stock market surged ahead yesterday after a breather on Wednesday, with the KLSE Composite Index (CI) breaching the resistance level of 680 points for the first time in more than eight months. The benchmark index closed at its highest level this year, with gains across the board.
Better outlook seen in residential, auto sectors
A BETTER outlook is expected in the residential property and automotive sectors in the short-term, the Malaysian Institute of Economic Research (Mier) said in its 4th quarter Sectoral Survey conducted recently.