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INDUSTRY players are confident of better prospects for export sales going forward, thus auguring well for the economy and cementing the fact that the country#039;s exports are still in demand.
DESPITE the recovery of the global semiconductor industry, American electronic firms in Malaysia have forecast slower export sales growth of 9% in 2004 compared with 14% this year. However, they are expected to invest some RM1.5bil next year - same as this year - possibly indicating that a four-year down trend in new capital investments into the industry could be bottoming out.
DAP Bandar Klang assemblyman Teng Chang Kim's speech at a PAS ceramah in Kampung Tiong in Kuala Terengganu on Friday night has raised the eyebrows of the local Chinese community. They are bewildered by Teng's support for PAS after the DAP severed ties with the party over the Islamic state issue in September 2001.
STAR Cruises Ltd, a 34% associated company of Resorts World Bhd, is seeking to raise US$150mil via an issue of convertible bonds to part-finance the acquisition of two new liners for its North American cruise routes.