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PETALING JAYA: Food and energy subsidies eat up a large chunk of the country's annual operating budget, and critics argued that the tens of billions of ringgit spent every year to keep domestic prices steady have largely gone to waste.
KUALA LUMPUR: Malaysian construction companies on the stock market continued to be affected by the devaluation of the Vietnamese dong yesterday but analysts said the outlook of the economy is still attractive for investors.
NEW YORK: After giving the stock market solid gains during August, investors still worried about the U.S. economy backtracked a bit during the final day of the month.hr noshade size=-1 width=50%>
In morning trade, the local market is recovering strongly from yesterday's negative close with the KLCI moving up as much as 8.47 points hitting a high of 975.07.
Fuel prices are unlikely to be raised further - at least until next March.
MALAYSIAN companies have been expanding their business footprint overseas, and not only is this prevalent among large corporates but also small and medium-scale enterprises (SMEs).
The outlook for the property sector is promising, lifted by a buoyant stock market, said Capital Dynamics Sdn Bhd managing director Tan Teng Boo.
Alcatel Network Systems (M) Sdn Bhd MD Datuk Yusof Ampuan Kechil shares his thoughts on how Alcatel can become a broadband player. Excerpts of an interview with StarBiz B.K. Sidhu.
Motorola Inc, the world's No. 2 mobile phone maker, has not been affected by price cuts at bigger rival Nokia so far, the president of Motorola's mobile phone unit said on Thursday.