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THE Port of Tanjung Pelepas (PTP) has projected a 30% increase in throughput this year despite the global economic uncertainties brought about by the US-led war against Iraq yesterday.
WITH the start of the Iraqi conflict, the point has been raised in some business circles whether this would lead eventually to a diversion of Middle East investments to this country, since Malaysia is deemed to have many advantages and seen as a friendly Islamic nation.
THE WORLD#8217;S fragile economies may be tested to the hilt and could be faced with greater uncertainty even if the US-led forces achieve a quick victory in Iraq, economists said yesterday. A prolonged war, meanwhile, #8220;guarantees recession#8221;.
MAJOR local commodities like crude palm oil (CPO), rubber and timber will not be significantly affected by the US-led war on Iraq, except for rising concerns over the higher freight cost and insurance charges to countries near to the battle zone, industry players said.
PEN-ADS (M) Sdn Bhd, celebrating its 28th anniversary this year, has emerged as the biggest advertising agency in the northern region.