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StarBiz held discussions with five panelists on the prospects for the Kuala Lumpur Stock Exchange for the rest of 2003. Their favourite counters.
MAA Holdings Bhd expects its latestIsyariah /I>compliant life insurance product, I>Maaster Al-Umaah/I>, to attract sales amounting to RM20mil by year-end, group managing director and chief executive officer Tunku Datuk Ya#8217;acob Tunku Abdullah said.
THE cut in Bank Negara#146;s intervention rate by 0.5%, which results in a lower base lending rate, as set out in the recent economic package is expected to spur the demand for properties and further intensify competition among banks to offer attractive housing loan packages.
AN AMBITIOUS plan to attract foreign funds to the KLSE, with the government or government-linked institutions matching ringgit for ringgit all investments by foreign fund managers in the capital market, could be rolled out within the next six months.
MALAYSIA will be issuing a global sovereign bond in the second half of the year, said Second Finance Minister Datuk Dr Jamaludin Jarjis, who also hinted strongly that the debt issue could be in the form of an Islamic bond or sukuk.
THE outbreak of Severe Acute Respiratory Syndrome (SARS) in the region will have minimal impact on the long-term growth prospects of China and the East Asian region, a China expert said in an interview yesterday.