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Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.
SOUTHERN Bank Bhd (SBB) has launched a new chip-based credit card based on the Euro MasterCard Visa (EMV) platform, a platform that all chip-based cards worldwide are expected to migrate to by 2006 as it allows for multiple applications to be loaded and provides an extremely high level of security.
LATEX glove manufacturer and wholesaler Supermax Corp Bhd expects to double its after-tax profit to RM8mil for the year ending Dec 31, 2003.
FUND managers are confident that the return of CalPERS to Malaysia, should it decide to do so at its meeting next week, will boost the KLSE and may encourage other large global investment funds to consider Malaysia in their investment horizons. Current geopolitical concerns, however, could cloud the issue in the short term, they said.
SUPERMAX Corp Bhd, one of the top five glove manufacturers in the country, is going full steam ahead in the firm belief that it is in a fairly recession-proof business.