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MAJOR regional airlines are grappling with escalating cost in their cargo operations following the onset of the war in Iraq. While most airlines have moved to pass the additional cost over to cargo customers, others have yet to do so, perhaps on the belief that the situation may not last for too long.
UNCERTAINTIES over the US-Iraq war are likely to weigh down interests on the Kuala Lumpur Stock Exchange (KLSE) in the coming week.
LIFE goes on for many Malaysian businesses despite the war in Iraq. While there are fewer foreign tourist arrivals, the resorts business is taking it in its stride and is making plans to counter the negative impact.
MALAYSIA recorded a lower trade surplus of RM4.9bil in February 2003 compared with RM6.3bil in the previous month, the country's sixty-fourth consecutive month of trade surplus since November 1997.
AIRLINE stocks in the region continued to regain lost ground yesterday, even though the industry has yet to come out of what some argue are its toughest operating conditions.