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Commerce International Merchant Bankers Bhd (CIMB) plans to open an investment bank branch here in September and four or five more commercial bank branches in Sabah within the next 12 months, said group chief executive officer Datuk Nazir Razak.
There is some excitement among players in the construction circlethat projects identified under the Ninth Malaysia Plan (9MP) will berolled out soon. In its update, AmResearch Sdn Bhd maintains itsneutral stance on the sector but advocates a stock selection strategyfor investors seeking exposure to 9MP construction play.
Hundreds of years ago, thisnatural harbour was a safehaven for Spanish galleonstransporting gold to theAmericas. Now, PuertoGalera on Mindoro Island,the Philippines,is attracting divers,writes MICHAELD'OLIVEIRO.
The low-cost carrier terminal for the Kota Kinabalu International Airport is expected to be ready in six months.