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IT has been three years since index constructor Morgan Stanley Capital International (MSCI) announced that it would adjust its equity indices so as to take into account free float levels. Back then, there was some hand wringing among our stock market players over the possibility of Malaysia suffering an exodus of foreign funds.a href=http://biz.thestar.com.my/bizweek/>LI>B>For the full Bizweek reports click here/B>/a>
SUNWAY City Bhd (Suncity), the owner of Sunway Lagoon Resort Hotel which saw occupancy rates drop to a historic low of 40% in April, sees a glimmer of hope this month as the trend has bottomed out and things are likely to return to normal by the second quarter of this year.
CONSUMERS who were thinking of tightening their purse strings are unlikely to do so now that extra money is being put in their pockets following the announcement of the government#039;s economic package.