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Malaysian consumers more optimistic: Survey
MALAYSIAN consumers appear to be a most unperturbed lot. More than half of those responding to an Asia-Pacific-wide consumer confidence survey think the world economy will recover in a year's time, come war or global uncertainties.
KLIA passenger traffic up 12.3%
PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.
MAS hits turbulence after smooth flight
The year 1990 was I>Visit Malaysia Year/I>. Planeloads of tourists were arriving and Malaysia Airlines (MAS), being the national carrier, was enjoying brisk business.
Good stocks, with value, for long-term
An interview with Tan Sri Nor Mohamed Yakcop on Valuecap.
Valuecap to boost market efficiency
Asset management company Valuecap Sdn Bhd was launched a week ago. Before one could say V-a-l-u-e-c-a-p, investors, and foreign funds came swooping in to the market to buy undervalued stocks. As the rush continued over the week, major corporate announcements were announced, turning a once sagging market into a bustle.
US dollar drops further
WAR fears and uncertainties over the health of the US economy continued to apply downward pressure on the US dollar, sending it to a three-year low against the euro and a four-month low against the yen yesterday.
KLSE winning streak into 5th day
THE KLSE extended its winning streak into a 5th consecutive day yesterday, with news of corporate takeovers providing further mo-mentum to an already buoyant market.
Asia hot pick of investors in 2003
Global investors are playing it safe in Asian markets amid fears of a possible war in Iraq and tensions over North Korea#8217;s nuclear programme, but they are seen ready to scoop up Asian technology stocks later this year.
Esso has seen better times
MOTORISTS can probably testify that putting #147;a tiger into their tank#148; will drive them many miles ahead but, alas, long-term investors hoping for the same sort of mileage with Esso Malaysia Bhd shares since 1990 may feel seriously underpowered today.
Valuecap news sparks off KL market rally
A RALLY sparked off by news that Valuecap Sdn Bhd, with RM10bil for local equity investment, had started operations last Friday lifted the KLSE Composite Index (CI) by more than 2% yesterday.