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DOMESTIC demand, excluding changes in stocks, is expected to strengthen by 5% and contribute 4.5% to GDP growth this year.
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.
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.
MALAYSIA Airline's (MAS) passenger load factor returned to its pre- SARS level of 74% last week, reflecting a remarkable recovery in the demand for its services, MAS chairman Tan Sri Azizan Zainul Abidin said.
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.
FROM all indicators, the Multimedia Super Corridor continues to grow from strength to strength. Phase Two of the project was launched on Friday and will run until 2010.
E-MARKETPLACE service provider asiaEP Bhd has received the KLSE's nod for listing on the Mesdaq market, the company said in a statement.
THE olive tree is renowned for its fruit from which the beneficial olive oil is derived. But the leaves can work miracles too which is why Biotherm#8217;s latest anti-ageing intensive regenerating cream uses pure olive leaf concentrate.
B>MANILA:/BPhilippine defence secretary Angelo Reyes resigned in an 'act of sacrifice' to help calm the restiveness in the country, President Gloria Arroyo's spokesman said yesterday.