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Business 16 May 2003 | 12:00 AM

Local funds poured 28% more into KLSE last year

INVESTMENTS by local funds in the KLSE rose 28% last year to RM39.8bil from RM31.2bil in 2001, compared with an increase of 16% by foreign funds to RM41.2bil from RM35.5bil.

Nation 05 May 2003 | 12:00 AM

Service first, says PM

Prime Minister Datuk Seri Dr Mahathir Mohamad, who resumes work today after a two-month leave, has told civil servants not to keep on demanding higher salaries, saying this will make the country poor and raise the cost of living.

Business 01 Apr 2003 | 12:00 AM

Balance of payment surplus rises to RM2b

MALAYSIA#039;S balance of payment surplus rose 76.9% to RM2.3bil in the 4th quarter compared with RM1.3bil in the 3rd quarter of last year, the Statistics Department said.

Business 27 Mar 2003 | 12:00 AM

Foreign direct investment sharply higher at RM12bil

PORTFOLIO investment recorded a higher net outflow of RM6.7bil in 2002 (2001: -RM2.5bil). In the first quarter, portfolio investment recorded a net inflow of RM2.9bil (1Q 2001: -RM2.5bil); the subsequent three quarters, however, registered net outflows in line with the prolonged weakening of the global stock market amidst growing economic uncertainties and heightened geopolitical risks.

Business 27 Mar 2003 | 12:00 AM

2002 economic growth broad-based

LAST year's economic growth was broad-based, driven by strong domestic demand and reinforced by improved export performance.

Business 27 Mar 2003 | 12:00 AM

Export markets more diversified, stronger trade links with China

MALAYSIA'S export markets were further diversified by 3% in 2002, with trade links with China particularly pronounced.

AseanPlus News 15 Mar 2003 | 12:00 AM

Young lawyers leaving practice

HUNDREDS of young lawyers have quit legal practice to work for foreign law firms or big companies as in-house legal counsel, and the exodus is expected to continue.

Business 15 Mar 2003 | 12:00 AM

Reserves should continue to grow

THE international reserves of Bank Negara hit a new high in February reaching RM132.2 billion or US$34.8 billion.

Lifestyle 13 Mar 2003 | 12:00 AM

Aiming for foreigners

A good holiday can be so therapeutic, given the punishing pace of today#8217;s hectic lifestyles. Take this one step further and work in an enticing holiday cum health package that promises tourists a refreshing, rejuvenating experience, and we could well turn tourism into one of the country's big revenue earners.

Business 08 Mar 2003 | 12:00 AM

Era of rapid asset price inflation?

Liquidity fuels asset prices or as they say in Economics 101, asset prices have to rise when demand exceeds supply