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PETALING JAYA: Naza Kia Malaysia, the official distributor of Kia Motors vehicles in Malaysia, is targeting an annual sales growth of 40% to 18,000 units this year as the company expects an improvement in its inventory.
EXPORTS in February accelerated 14.5% year-on-year, compared with 0.4% in January. This was broadly in line with consensus (Bloomberg: 15.3%) but higher than our bearish call of 6.9%. Sequentially, shipments jumped by a massive 17.2% month-on-month -1% in January).
KUANTAN: Societies are reminded to scrutinise its financing to prevent any attempt by certain quarters to carry out money laundering activities.
KUALA LUMPUR: Securing the approvals of overseas banking and financial regulators, the search for a “neutral” investment banking head and the need to iron out other “political and management” issues are some of the reasons why the RHB Capital Bhd (RHBCap)-OSK Holdings Bhd merger has yet to be concluded.
KUALA LUMPUR: The Government is considering raising the minimum floor prices of houses foreigners are allowed to buy to RM1mil from the current RM500,000 in an effort to control the rise in property prices, sources said.
KUALA LUMPUR: More than 500 passengers were trapped for an hour in a stalled KTM Komuter train near the Bank Negara train station here on Monday.