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Business

Agriculture as third growth engine

The agricultural sector, previously neglected in the country's haste to industrialise, may be primed for better things as the country's so-called 'third engine of growth.'

Business

Optimistic bond market outlook

UNIT trust management companies view the current on-going corrections and volatility of bond prices as healthy and remain optimistic of the outlook of the bond market in the longer term.

Business

Korean Air to raise 27 billion yen

Nomura Securities said Monday it will help Korean Air gain 27 billion yen (US$231.6 million) in revenue from its future flights in advance by selling securities to institutional investors backed by the income from ticket sales.

Business

US stocks up for third week

US stocks edged higher and bonds fell on Friday,in quiet trading ahead of the US Labor Day holiday weekend,on news of surprisingly strong growth in manufacturing in the Midwest.

Business

HSBC adds 2 third party unit trust funds

HSBC Bank Malaysia has added two third party unit trust funds to its current stable of 22 distributed funds from 10 unit trust management companies.

Business

Zeti: Banks more resilient now

BANK Negara wants to see more institutional development in local banks before the industry is deemed ready for the next phase of consolidation, governor Tan Sri Dr Zeti Akhtar Aziz said.

Business

Oil palm estates to biotech farms vision

THE new generation of oil palm plantations will likely find better and greater value functioning as #147;biotech farms#148; by the turn of the new millennium, said IOI Corp Bhd group executive chairman Tan Sri Lee Shin Cheng.

Business

Telekom expects cellular sector to be major growth area

TELEKOM Malaysia Bhd, which has been trying to grow its cellular business, sees revenue composition eventually being equally divided between its fixed line and cellular/multimedia/data segments.

Business

CPO to trend higher this week

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.

Business

UAC makes steady rebound, on track to beat EPS forecast

UAC posted further sequential improvement in the latest quarter, thanks to rising sales at its core fibre cement division. Given significantly higher margins, this led UAC towards double-digit sequential profit growth in April-June 2003, notwithstanding declining revenue from polyethylene pipes and roof trusses.