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Business

Export sales on the uptrend

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.

Other Sport

A tough road to final

Malaysia will be hard-pressed for a repeat entry into the SEA Games football final.

Business

US firms see 9% growth

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.

AseanPlus News

Arroyo steps into bitter row

B>MANILA/B>: President Gloria Macapagal Arroyo stepped into a bitter row over the impeachment of the nation's top judge yesterday, saying she was seeking a 'principled' solution to avert a political crisis.

Other Sport

Malaysian pairs face early exit in Hong Kong Open

Early casualties can be expected when Malaysia's three men's doubles pairs start their campaign in the qualifying tournament of the US$250,000 Hong Kong Open at the Queen Elizabeth Stadium today.

Business

INTI proposes RM43m private placement

INTI Universal Holdings Bhd said it is proposing a private placement of 8.43 million shares, or 10% of its existing capital, to selected investors as yet to be identified.

Nation

DAP’s Teng pulls a surprise

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.

Business

Malakoff net profit rises 25%

MALAKOFF Bhd said its net profit rose 25% to RM441.75mil because of contributions from GB3 Sdn Bhd, which commenced full commercial operation of its plant under combined cycle mode from the third quarter of the current financial year.

Business

Star Cruises looks to raise US$150m

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.

Business

S’pore bounces back after SARS

Fuelled by robust factory output, Singapore's economy expanded at its fastest rate in six years in the third quarter, but economists said the rebound should have been stronger after the end of the deadly SARS outbreak.