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A TIP for successful stock investment: it pays to invest in and hold on to a good company.
PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.
THE Kuok group#146;s property development arm Johdaya Karya Sdn Bhd is confident of hitting RM140mil in sales from the condominium tower project it is launching in April #150; some five years after construction was put on hold following the regional economic crisis.
THE KLSE Composite Index (CI) resumed its ascent yesterday to end at the day#039;s high of nearly 676 points in heavy trading, after recent good news revived positive sentiment on equities. Total volume for the day surged to a nine-month high of 633.4 million shares from 442.7 million on Monday.
ASTRO Plantation Sdn Bhd will be investing about RM100mil to redevelop the Taman Sri Tebrau wet market and food court, built in the 1980s, into a mixed development property project.
THE government is prepared to enact a privacy and data protection law to address the growing concern among Internet users about invasion of their privacy via the Web, Second Finance Minister Datuk Jamaludin Jarjis said.