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Business 27 Mar 2003 | 12:00 AM

Monetary policy to remain supportive

MONETARY policy in 2003 would continue to remain accommodative to support economic growth in an environment of low inflation and enable the strengthening of private consumption and investment.

Business 27 Mar 2003 | 12:00 AM

Banks face tight interest margins, eroding income

DESPITE a good year in 2002, banks will face a major challenge in maintaining profitability as competitive forces squeeze interest margins and erode their largest income source.

Business 27 Mar 2003 | 12:00 AM

Value of loan applications in 2002 highest in 5 years

LOAN applications and approvals in 2002 were the highest level recorded in value terms in five years, with total loans disbursed amounting to RM412bil, the highest since 1997.

Business 28 Mar 2003 | 12:00 AM

Depositors get better protection

THE proposed deposit insurance system, on top of Bank Negara#039;s role as the lender of last resort, will add another dimension to depositors#039; protection, thus further strengthening the overall financial safety net in the country.

Business 29 Mar 2003 | 12:00 AM

Capital Market - Will the past dictate the future?

#8220;HISTORY often repeats itself#8221; and that's precisely what market pundits are hoping for this time around.

Business 29 Mar 2003 | 12:00 AM

Costain posts 30% rise in pre-tax profit to £11.3mil

COSTAIN Group plc, in which Intria Bhd is one of three major foreign shareholders, has turned in a 30% increase in pre-tax profit to £11.3mil for the year ended Dec 31, thanks to its low-risk strategy and increased government infrastructure spending.

Business 29 Mar 2003 | 12:00 AM

Ratings

IOI CORP BHD's ratings of I>AA3/P1/Iwas left unchanged by Rating Age-ncy Malaysia Bhd (RAM) following the company's proposed acquisitions of some companies.

Business 29 Mar 2003 | 12:00 AM

Iraq war's first US airline casualty

The war in Iraq could soon claim its first major US airline casualty with American Airlines stepping up talks that could lead to a bankruptcy filing as early as next week, sources familiar with the matter said.

Business 01 Apr 2003 | 12:00 AM

MAAM assets grow by 36% to RM25.3bil

THE Malaysian Association of Asset Managers (MAAM) said total assets under management increased by an impressive 35.8% to RM25.3bil last year, compared with 35.4% in 2001.

Business 03 Apr 2003 | 12:00 AM

Ratings

RATING Agency Malaysia Bhd (RAM) has assigned an I>A2/Irating to RHB CAPITAL BHD's proposed RM200mil nominal value six-year bonds (2003-2009).