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MDV funds game portal
MALAYSIA Debt Ventures Bhd (MDV) has approved a RM61mil loan to Terra ICT (M) Sdn Bhd for the latter to establish a massive multi-player online game portal in Cyberjaya.
TNB unit expects higher sales of RM105mil
MALAYSIA Transformer Manufac- turing Sdn Bhd (MTM), a subsidiary of Tenaga Nasional Bhd (TNB), expects sales of RM105mil for its financial year ending Aug 31, up from RM80mil last year.
Strong rally by world markets in first half of 2003
WORLD stock markets recorded a strong rebound in the first half of the year despite earlier concerns about the fallout of from war in Iraq and the Severe Acute Respiratory Syndrome (SARS) outbreak.
CI puts on sterling show as volume hits high note
THE KLSE this week recorded one of its strongest performances in recent years, with the Composite Index (CI) gaining nearly 5% on strong volume.
Earnings poised to improve in H2
MALAYSIAN corporate earnings, after having taken a hit in the second quarter, are expected to turn around in the second half this year in line with the improving economic outlook, analysts said.
Citigroup invests in China markets
US financial giant Citigroup Inc has become the second foreign bank to invest in China's main stock and debt markets under a watershed reform to admit overseas funds.
Are there opportunities in a volatile market?
PEOPLE often shun volatility because it evokes images of change, unpredictability and instability. As creatures of comfort, we relish stability. However, investors should view volatility more positively, as a volatile market offers many opportunities.
F&N Dairies aims to be world class
FN DAIRIES (M) Bhd has been improving its operational efficiency in anticipation of stiffer competition and further product diversification.
Amcham survey shows strong recovery in confidence
THE American Malaysian Chamber of Commerce (Amcham) Business Confidence Index surged 24.7% from June to July, indicating a strong recovery in business and consumer confidence, in both local and global markets.
Jamaludin: Msia alone to decide on ringgit peg
MALAYSIA will not be pressured into making any rash decision on the ringgit#146;s exchange rate policy, said Second Finance Minister Datuk Dr Jamaludin Jarjis.