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DRIVEN by surging demand, industrial output in March rose 13% year-on-year to 223.5 from 197.5 in 2003 on the back of positive growth in the manufacturing, electricity and mining sectors. Compared with February, the industrial production index (IPI) registered a positive growth of 3%.
MALAYSIAN Industrial Development Finance Bhd (MIDF) looks poised to become the new kid on the block in the world of investment banking once its proposed acquisition of an 85.1% stake in Utama Merchant Bank Bhd goes through.
MALAYSIAN Industrial Development Finance Bhd (MIDF), having completed the takeover of Amanah Capital Partners Bhd (ACP) in 2003, sees a rosier future on the horizon.
MALAYSIA'S exports grew 7.5% year-on-year in January to RM34.02bil - the highest export number for that month in a decade - buoyed by increased demand for manufactured goods and commodities from key markets like China, Japan and the United States.