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Healthy growth in Thai GDP for Q2

Thailand posted healthy economic growth in the second quarter despite SARS and looks set to outperform most major Asian economies this year and next, as shoppers splurge on items such as cars and phones.

Excelling in engineering

DETERMINED to succeed academically, 29-year-old Murugesan Sethu slogged for a PhD when many others would have opted for a lucrative job.

Some literary terms in short stories

SPM English -- LESSON 3 (Literature): By AUDREY LIM.

More domestic demand

DOMESTIC demand, excluding changes in stocks, is expected to strengthen by 5% and contribute 4.5% to GDP growth this year.

Money supply and loans expand

MONEY supply and loans expanded, despite the more challenging environment, reflecting a resilient domestic sector.

Monetary policy to remain flexible

MALAYSIA#146;S strong macroeconomic fundamentals, low inflation and low unemployment on top of a resilient banking system have provided flexibility for monetary easing.

Global growth prospects still dependent on America

ADVANCED countries registered anaemic growth earlier this year due to the moribund IT sector, weak equity markets, soft labour conditions, low capacity utilisation, terrorism concerns, as well as deflationary risks in Japan.

Market regains ground on late bargain-hunting

LATE bargain-hunting gave the KL market a welcome boost yesterday after three consecutive days of losses. The KLSE Composite Index (CI) closed 6.8 points or nearly 1% higher at 743, more than making up for the 6.6 points it lost on Wednesday.

SARS remains a drag on market

THE KL market headed south for the third consecutive day yesterday as the confirmed case of SARS in Singapore provided institutional investors with an excuse to take profit on recent sharp gains in stock prices.

A smaller budget deficit on the cards

THE Budget 2004 to be presented on Sept 12 is expected to be another deficit budget, though the size may be smaller when compared with the average deficit of 4.5% of gross domestic product (GDP) during the 1998-2003 period, says Dr Rozali Mohamed Ali, Association of Banks in Malaysia chairman.