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Business

FMM: Manufacturing growth likely to slow down

MALAYSIAN manufacturers expect growth to slow this year as war in Iraq disrupts shipments and demand for semiconductors stalls.

Business

M’sia financial position strong, says Moody’s

MALAYSIA#146;S improved external financial position and its electronics sector#146;s ability to wea-ther global market volatility are underpinning its I>Baa1/Isovereign credit rating, according to Moody#146;s Investors Service.

Letters

Astro needs to work on sales tactic

An email from YEO TECK HOOI.

Business

Selangor and KCCCI to co-sell Gold Coast

THE Selangor state government and the Klang Chinese Chamber of Commerce and Industry (KCCCI) have teamed up to promote a 200km stretch of coast from Sabak Bernam to Sepang under a package named the Selangor Gold Coast.

Business

S. Korea acts to ease credit card firms' cash crunch

South Korea unveiled yesterday a fresh package of measures to help beleaguered credit card firms overcome a liquidity crunch that was triggered when a corporate accounting scandal led to heavy selling of their bonds.

Business

RM5bil for stimulus package?

THE allocation for the long-awaited stimulus package, aimed at shielding the economy from the impact of the Iraq war and the outbreak of Severe Acute Respiratory Syndrome (SARS), is likely to be higher than expected, sources said.

Business

Malaysia equity market upgraded

MERRILL Lynch has upgraded its recommendation on Malaysia's equity market to overweight in view of the steady macro-economic backdrop and an expected 17% growth in corporate earnings.

Letters

SARS scare pushes up prices of masks

THE RETAIL price of surgical masks has increased by some 50% after a surge in demand following the Severe Acute Respiratory Syndrome (SARS) scare, according to pharmacy operators interviewed by the I>China Press/I>.

Business

Gamuda ingenuity does well

IT#039;S pedal to the metal all the way for Gamuda Bhd. Despite its hefty order book of RM3.2 billion, the company has shown no signs of letting up in its quest for more work, mostly through one-on-one negotiations with the government for privatisation contracts.

Business

Announcement on stimulus package in May

THE government has put off plans to announce an economic stimulus package until May, although there is no certain date when it would be announced, government officials said yesterday.