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NEW foreign direct investments (FDI) flowing into Malaysia are more knowledge-intensive than capital-intensive and therefore more beneficial to the country in the longer term, said Malaysian Industrial Development Authority (Mida) deputy director-general Datin Kaziah Abdul Kadir.
THE waiting continues. It had been widely expected that the government would announce its economic package on April 7. Instead, on that day, Acting Prime Minister Datuk Seri Abdullah Ahmad Badawi said the details would be out only after the government was certain that the situation in Iraq would not warrant changes in Malaysia's economic strategies.
AFFIN Bank Bhd, the banking arm of Affin Holdings Bhd, yesterday unveiled its main business strategy for this year to further boost its performance as a niche medium-sized bank.
ALTHOUGH Bank Negara recently indicated that interest rates would stay at the current levels, the main challenge for banks now is still managing with narrowing interest margins, writes the Rating Agency of Malaysia.
SECURITY labels and seals maker Abric Bhd has definitely seen better times. Its chief financial officer William Soong and chief operating officer (COO) Derek Wong readily admit that the past two years have been nightmarish for the group given that it has had to face one negative force after another.
BANK Negara#146;s gross domestic product (GDP) growth rate forecast for the country remains at 4.5% for now but could be #147;weaker#148; due to external uncertainties, while interest rates are currently at #147;appropriate levels#148; said its Assistant Governor Datuk Latifah Merican Chong.