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EVEN though 2003 will be a challenging year for the unit trust industry in view of the global economic slowdown and depressed investment environment, many unit trust management companies are still optimistic that the industry will continue to grow this year.
CONFLICT of interest is a major concern among the investing public when an exchange undertakes a demutualisation exercise and has itself listed as a profit-driven entity.
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.