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It was expected. Year 2002 was indeed a record-breaking year for the automobile industry. Vehicle sales grew 9.7 per cent to 434,954 units. This year too in terms of volume, most expect sales (in units) to reach an all-time high (with one or two contrarian points of view), with an estimated growth of 3.5 per cent to 4 per cent.
HIGHER power consumption arising from accelerating economic growth may help ease concerns over the margin squeeze suffered by Tenaga Nasional Bhd (TNB) as a result of increased operating costs.
Sidek Kamsio and Elaine Ang write on Zecon, Iris, Eksons, Affin Holdings and Unisem.
Following the release of several sets of rosy statistics lately and Barisan Nasional's thumping win in the just-concluded general elections, analysts believe the country's real gross domestic product (GDP) growth estimate for 2004 will be revised upwards.
Merge Housing Bhd, said to have a share in three of the six hottest property spots in the Klang Valley, is on the verge of reaping strong earnings growth from this year onwards.