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Slower China growth will hurt rest of Asia
Asian economies may be hurt by a slowdown in China's growth rate as caused by the spread of the Severe Acute Respiratory Syndrome (SARS) virus.
Band-trading of CPO futures seen
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.
Motor vehicle sales 5.5% down
MOTOR vehicle sales in March fell 5.5% to 35,130 units from 37,194 units a year earlier, largely owing to uncertainties created by the war in Iraq and the Severe Acute Respiratory Syndrome (SARS) outbreak, according to the Malaysian Automotive Association (MAA).
Manufacturing sales for February up 17% to RM25.8bil
MANUFACTURING sales grew 17.3% year-on-year in February to RM25.8bil from RM22bil previously, according to the latest figures released yesterday by the Statistics Department.
Professor who is an optimist
PROFESSOR Mahani Zainal Abidin is an optimist. Whenever she faces any problems, she bounces back with the philosophy that tomorrow is another day and there is hope that one's fortune may change.
Genting and Resorts grapple with uncertainty
IT'S been a volatile ride for Resorts World Bhd and its parent company, Genting Bhd, at least where their share prices are concerned.
Low airfares seen with suspension of pricing mechanism
The Market Development Programme (MDP), which sets the minimum airfares, would be suspended for a three-month period to allow signatory airlines to set their own airfares and promote low fares.
Uniutama planning to develop township on UUM land in Sintok
UNIUTAMA Management Holding Sdn Bhd, wholly-owned by Universiti Utara Malaysia (UUM), plans to develop a township on a 52ha UUM-owned plot just outside the university#039;s campus in Sintok.
Foreign business news in brief
Foreign business news in brief including that United Food sees double-digit growth
More Mid-East investments
WITH the start of the Iraqi conflict, the point has been raised in some business circles whether this would lead eventually to a diversion of Middle East investments to this country, since Malaysia is deemed to have many advantages and seen as a friendly Islamic nation.
