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Business

Growth amid global uncertainties

Three fund managers and a share placement director came to Menara Star on Monday for a roundtable discussion of the stock market outlook for the fourth quarter. Excerpts of the discussion.---------------------------------------------

Nation

Economy on target for bigger expansion

Malaysia's economy surged by 8% in the second quarter (Q2) of this year, beating all expectations, and prompting Banking Negara to say that growth for 2004 is expected to exceed the earlier target of 6% to 6.5%.

Lifestyle

The heat is on in medical tourism

It is a competitive world out there. Looking over our shoulder is Thailand and Singapore. The good news is that medical tourism is a global growth industry, with good pickings for all.

Business

BHP Billiton: Earnings to stay strong

BHP Billiton sees continuing strong demand for its products despite China's attempts to slow economic growth, putting it in a strong position to increase earnings after a record US$3.51bil net profit for the June year, up from the previous year's US$1.92bil net profit.

Business

Fund managers focusing on growth and value stocks

Stocks with growth prospects and value will be the targets for the fund management industry in the current weak and uncertain equity market, say fund managers.

Business

Bank Negara unlikely to raise rates in short term

FOR the first time since May 2000, the Federal Reserve has recently raised the Fed-funds rate. There are several reasons to suggest that Bank Negara would not raise rates just yet.

Letters

China economy unlikely to lose steam yet

By Jeffrey Francis

AseanPlus News

China exports soar by a record 46%

China posted its second consecutive monthly trade surplus in June as exports soared by a record 46.5%, figures from the General Administration of Customs showed on Monday.

Business

Teh: There’s ample room for growth

Public Bank Bhd has been a favourite among investors, especially long-term funds. It has attracted attention lately as the merger-and-acquisition fever seems to be rising again in the banking scene. Public Bank chairman Tan Sri Teh Hong Piow shares his views with I>StarBiz /I>acting editor YAP LENG KUEN on topics relating to succession, foreign investment and the economy.

Business

DHL sees double-digit growth

EXPRESS and logistics company DHL expects its Malaysian operations to register double-digit growth this year, country manager Charles Brewer said.

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