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#8220;IT is the best the government can do in the current situation,#8221; says Alliance Merchant Bank's head of research Nor Zahidi Alias. He joins a chorus of other market observers and analysts on the recent 10-point measures to give the capital market a boost.
And in his last few years in the civil service as secretary-general of the Agriculture Ministry, Annuar was in charge of the drafting of the Third National Agricultural Policy.
BizWeek asked SP's Investment Services managing director for Asia Pacific William J. Reidy, a few questions on factors investors should keep in mind during this selection process and how best to gauge an asset management company's performance.
TWENTY-ONE Public Finance branches will be merged with Public Bank branches by next month and 13 more will be converted into bank branches, according to Public Bank Bhd chairman Tan Sri Teh Hong Piow.
Japan announced yesterday plans to make it easier for companies to buy back their own shares and said it would discourage short-selling as part of an emergency package to shore up crumbling stock market confidence.
ASIAN stock markets, already weighed down by growing fears of war in Iraq, failed to take the cue from Wall Street's overnight rally and continued their descent yesterday, with domestic issues eroding investor confidence in key bourses.
CAPITAL market players and observers have generally welcomed the new measures unveiled by the government to boost the market, but they do not expect an immediate effect given the current global uncertainties and poor market sentiment.