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Investors not flocking to gold
THE start of the US-led military attack on Iraq has not prompted investors to flock to gold #8211; a traditional safe haven during wartime.
PTP sees throughput up 30%
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.
More Mid-East investments
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.
Test for world economies
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;.
Banks likely to become more cautious
IT#8217;S still too early in the day to gauge how banks may be impacted by the US-Iraqi war, but traditionally, being a conservative sector, banks are expected to turn more conservative.
No significant impact on major local commodities
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 to be a one-stop advertising agency
PEN-ADS (M) Sdn Bhd, celebrating its 28th anniversary this year, has emerged as the biggest advertising agency in the northern region.
Week of gains as war goes on
Stocks rallied strongly on Friday, lifting the blue-chip Dow to its best week in more than 20 years as investors found hope for a swift end to the Iraq war in a firestorm of missiles and bombs raining on Baghdad.
Key to nurturing future leaders
HORTICULTURAL shows aside, there probably aren#146;t too many business events in Kuala Lumpur where one is handed a packet of sunflower seeds at the door and told to #147;grow tomorrow#146;s leader? today#148;.
HK listings likely to decline with new shift
The number of new listings on the Hong Kong bourse, which has been flooded by small issues in the past year, is expected to decline under a plan to shift listing approval duties to the territory#8217;s securities watchdog.
