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THE local aviation industry is facing one of its toughest challenges yet: skyrocketing oil prices.
Datuk Seri Abdullah Ahmad Badawi arrived here for the first leg of the Malaysian Global Roadshow aimed at selling Malaysia as an attractive investment destination to portfolio investors.
PT Excelcomindo Pratama confirmed it will price its planned initial public offering (IPO) of 1.427 billion shares, equivalent to a 20% stake, at 1,600-2,100 rupiah each.
STRATEGIC overseas investments by local companies are necessary for the country's economic growth, says an economist with a think-tank. 'These include smart, safe and value-adding mergers and acquisitions,'' Institute of Strategic and International Studies (Isis) Malaysia assistant director general Steven Wong told participants at the Business Forum 2005 in Kuala Lumpur on Monday.