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Analysts: Tsunami disaster impact likely to be short-lived

ECONOMISTS predict that Sunday's killer tsunamis, which wreaked havoc on several countries including Malaysia, will likely have only a short-term impact on the economy.


New income source for UEM Builders

UEM Builders Bhd will take steps to grab a slice of the lucrative construction jobs in the water and oil and gas sectors, managing director Datuk Mohd Nor Idrus told I>StarBiz/Iin an interview.


AV under selling pressure as it awaits news on Qatar job

SHARES of AV Ventures Corp Bhd, formerly known as Autoindustries Ventures Bhd, came under selling pressure yesterday after the company said it had yet to secure any new contract, refuting persistent market talk.



Hanim Adnan writes on MISC, Hunza Prop, Jaks, Hume Industries and SP Setia.


Toll increase expected to boost PLUS earnings

The 10% increase in toll rate on the North-South Expressway next year is expected to enhance PLUS Expressways Bhd's earnings, and kindle fresh buying interest in this stock, according to analysts.


News in brief


Tricubes share issue 36 times oversubscribed

TRICUBES Bhd's offer of 3 million shares to the public has been oversubscribed by 35.63 times.


MIDF 9- month net profit up 130% to RM201mil

MALAYSIAN Industrial Development Finance Bhd (MIDF) has reported a 130% increase in net profit to RM200.9mil for the nine months ended Sept 30, from RM87.2mil in the previous corresponding period.


One of country’s top crime busters retires from force

After 34 years of service, one of the country's top crime busters, Comm Datuk Seri Salleh Mat Som, bade farewell to the police force Wednesday.


Record manufacturing sales in September

Manufacturing sales hit a record high of RM36.9bil in September, growing 20.6% or RM6.3bil from RM30.6bil in the equivalent month last year.