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DESPITE achieving higher operating profits, Tenaga Nasional Bhd (TNB) has slipped into the red on a net basis for its fiscal first quarter owing to foreign exchange translation losses arising mainly from the ringgit's weakness against the yen and other currencies in which much of the company's debt is denominated.
ECONOMIC growth across Asia is expected to gain ground more decisively this year, with growth rates likely to be above market expectations, an international research house said in its New Year assessment on Asian economies released recently.
Goldman Sachs has reaffirmed its bullish view on the Malaysian economy, citing the country's participation in the regional export recovery, strong recovery in the private sector capital expenditure (capex) in the third quarter and expectations of bank lending growth to accelerate sharply next year.
B>TOKYO:/BAfter 10 quarters of gloom, Japanese companies are finally feeling better about business conditions, thanks to robust exports and profits, a government survey showed yesterday.
SMALLER in size and less well known than those on the peninsula it may be, but the port of Bintulu, flagship and main revenue earner of KLSE-listed Bintulu Port Holdings Bhd, is already poised for bigger things.