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THE business community, reading the speech of Datuk Seri Abdullah Ahmad Badawi to the Umno Youth, Wanita and Puteri on Tuesday, can be forgiven if it is disappointed and surprised that the Deputy Prime Minister had hardly devoted any attention to the economy and business.
IT was Dwight D. Eisenhower who, upon leaving the office of the president in 1961, coined the phrase I>Iron Triangle /I>andI/I>warned against the dangers of a #147;military industrial complex,#148; and the #147;grave implications#148; of the #147;conjunction of an immense military establishment and a large arms industry.#148;
Asset management company Valuecap Sdn Bhd was launched a week ago. Before one could say V-a-l-u-e-c-a-p, investors, and foreign funds came swooping in to the market to buy undervalued stocks. As the rush continued over the week, major corporate announcements were announced, turning a once sagging market into a bustle.