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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.
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.
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.
More large-capitalised, public-listed companies are needed to attract local and foreign institutional investors to the local bourse, Second Finance Minister Datuk Dr Jamaludin Jarjis said.