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The StarBiz panellists' favourite counters and why

StarBiz held discussions with five panelists on the prospects for the Kuala Lumpur Stock Exchange for the rest of 2003. Their favourite counters.


MAA targets RM20mil from syariah life insurance

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.


Boustead plans mall on prime KL site

BOUSTEAD Holdings Bhd is planning to develop a 1.2ha site in Kuala Lumpur's golden triangle for a shopping complex and serviced apartments.


Housing loans may get more attractive

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.


RHB Sakura named Best Malaysian Merchant Bank

RHB Sakura Merchant Bankers Sdn Bhd has been awarded the I>Best Malaysian Merchant Bank/Ifor 2002 by I>Asiamoney/Imagazine.


Ringgit for ringgit plan to boost trade on KLSE

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.


Government plans another global sovereign bond issue

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.


AirAsia picks 3 foreign investors for stake

AIRASIA has picked three new foreign investors to acquire up to a 30% stake in the airline, its chief executive officer Tony Fernandes said yesterday.


Impact of SARS on long-term growth in China and East Asia to be minimal

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.


AMMB, CAHB can outperform sector

STOCKS like AMMB Holdings Bhd and Commerce Asset-Holding Bhd (CAHB) have the potential to outperform the banking sector in the next stage of the current liquidity-driven market rally, said UOB Kay Hian research head Lim Beng Leong.