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THE waiting continues. It had been widely expected that the government would announce its economic package on April 7. Instead, on that day, Acting Prime Minister Datuk Seri Abdullah Ahmad Badawi said the details would be out only after the government was certain that the situation in Iraq would not warrant changes in Malaysia's economic strategies.
EDARAN Otomobil Nasional Bhd (EON) is confident of selling at least 100,000 cars #8220;of all models#8221; annually under its impending super-dealership agreement with Perusahaan Otomobil Nasional Bhd (Proton) subsidiary Proton Edar Sdn Bhd, EON chairman Tan Sri Mohd Saleh Sulong said.
Singapore business news in brief including that the Oversea-Chinese Banking Corp (OCBC)/Bhas launched an online trading account for smaller investors, namely Equity Investment Account, charging a brokerage fee of S$20 per trade for trades up to S$10,000 in value.
INCREASING fears that the Severe Acute Respiratory Syndrome (SARS) outbreak will hit Asian economies hard, coupled with concerns over the US economic health, continued to fuel selling on stock markets across the region.
AFFIN Holdings Bhd, which is ra-tionalising and streamlining its financial services operations, is in the preliminary stage of establishing a strong retail commercial bank and an investment bank.