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Business 01 Jan 2003 | 12:00 AM

Global markets to be driven by geopolitics in short term

The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.

Business 04 Jan 2003 | 12:00 AM

First unit split for 3 MAA Mutual unit trust funds

MAA Mutual Bhd, the unit trust arm of MAA Holdings Bhd, which launched three unit trust funds in February last year, has announced the maiden unit splits for all the funds for its financial year ended Dec 31, 2002.

Business 04 Jan 2003 | 12:00 AM

Single-digit growth for consumer sector

THE consumer sector, especially the food and beverage (FB) sub-sector, is anticipated to show single-digit growth for 2003 in line with the projected gross domestic product (GDP) growth for the year even though the health and growth of the consumer sector is really dependent on a whole host of factors, ranging from world commodity prices to local consumer spending habits.

Business 04 Jan 2003 | 12:00 AM

Fighting the Bears

Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?

Business 04 Jan 2003 | 12:00 AM

Market to trade within tight band

Trading for the weeks ahead in the local bourse is expected to continue to remain subdued until February as all eyes remain on the developments in the US-Iraq conflict.

Business 04 Jan 2003 | 12:00 AM

Moment of truth for rubber industry

IT WILL soon be time for speculation to yield completely to reality. At least, this is the case for those who have taken part in the share market whirl #8211; the so-called I>Reactorrim /I>play #8211; that has lifted the prices of several counters following announcements of joint ventures (JVs) to consolidate rubber smallholdings.

Business 04 Jan 2003 | 12:00 AM

Mitek projects brisk sales of Matrix metal-wood roof truss system

MITEK Asia Sdn Bhd expects sales of its Matrix metal-wood roof truss system, targeted at middle-and high-cost houses and institutional buildings, to be good.

Business 04 Jan 2003 | 12:00 AM

Versus the CI

Izwan Idris writes on Jaya Jusco, Teck Guan, Pharmaniaga, HeiTech and RHB Capital.

Business 04 Jan 2003 | 12:00 AM

Nascom can complete takeover of PN4 firms by March

PERBADANAN Komputer Nasional Bhd (Nascom) expects to complete the takeover of 11 listed companies currently under PN4 status by March. The takeover will result in the companies being relisted on the KLSE.

Business 05 Jan 2003 | 12:00 AM

Finnish defence firm to set up base

Finland#8217;s largest defence company, Patria Oy, plans to set up its base in Malaysia this year, said its local agent.