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Govt maintains GDP growth forecast after strong showing

The Government is maintaining its GDP growth forecast this year at 4.5% on the back of an expected stronger performance in the manufacturing and service sectors, particularly in the second half of the year.

Stockwatch

Elaine Ang writes on IOI Corp, Magnum, YTL Corp. SCA and OUL Industries.

Sak sheds light on enduring friendship

When Datuk Seri Dr Ling Liong Sik danced and went down on his knees while singing I>Rock Around the Clock/Iduring a Tunku Abdul Rahman College fund-raising dinner a few years ago, it raised eyebrows. But not those of Penang MCA adviser Datuk Dr Sak Cheng Lum, who had long known of Dr Ling#8217;s sense of humour and his dedication to the education cause through their four decades of friendship and comradeship.

What the CEOs say

CEOs comment on the stimulus package.

Aussie dollar soars to 40-month high against US dollar

THE Aussie dollar leapt to a 40-month high of 65.69 US cents against the US dollar, thanks to rising pressure on the greenback following US Treasury Secretary John Snow's comment that the long-standing strong dollar policy did not imply any view about the exchange rate.

Our best defence

By JAGUAR SPEAKS.

Japan economy stagnant

Japan#8217;s economy slowed to a standstill in the first quarter 2003 as exports stalled ahead of the war in Iraq, leaving a year-long recovery on thin ice and underscoring concerns the global economy is stagnating.

Malaysia ranked 4th most competitive among nations of over 20mil

MALAYSIA is the fourth most competitive among nations with populations of more than 20 million, according to an annual survey released yesterday by the IMD business school in Lausanne, Switzerland, and quoted in an I>Associated Press /I>report.

Mitsubishi aims for record earnings

Mitsubishi Corp, Japan#8217;s biggest trading house, reported a slight 3.2% rise in annual profit yesterday after booking losses on stock holdings but, like other trading firms in the country, the company said it expected a better year ahead.

Munir: Celcom integration with TM Cellular on track

CELCOM (M) Bhd is confident it can integrate its business with that of TM Cellular Sdn Bhd within 18 months as planned, chairman Datuk Dr Mohd Munir Abdul Majid said.