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Priming a pump

THE government plans to pull on the pump. The objective is simple #8211; to mitigate the risks in the external environment by creating adequate domestic growth drivers.

Property, construction sectors to gain from stimulus

MEASURES to be announced by the government in the much-awaited stimulus package to bolster the economy from the ill effects of the Iraq war will be a shot in the arm for the property and construction sectors, according to Economic Planning Unit macroeconomics and evaluation senior director Datuk Dr Victor Wee.

Cultivate rapport with media, said economist

THE government needs to increase transparency in its decision making processes and cultivate rapport with the media to avoid misinterpretation of its policies, according to busi-ness author and economist Michael Backman.

Devising ways to churn creativity

If you are asked what is half of eight, chances are your answer will be 'four'. But for some people, including author Marci Segal, the answer could also be 'nine minus five' or 'zero (by cutting the figure 8 horizontally)'.

Takaful grabs 5.5% share of insurance business

THE growth potential for the takaful industry will remain positive with the entry of new industry players, said Bank Negara.

Package to stimulate growth

Prime Minister Datuk Seri Dr Mahathir Mohamad will unveil the Government's long-awaited economic stimulus package tomorrow. WONG SULONG provides a layman's guide to why the government is taking this initiative and the outlook for the Malaysian economy.

The package needs good delivery

By WONG SULONG

FMM: Wide measures to have extensive impact

THE Federation of Malaysian Manufacturers (FMM) said the wide range of measures under the economic package would have extensive impact on all economic sectors, directly and indirectly.

Greater spending power with cut in EPF contribution

CONSUMERS who were thinking of tightening their purse strings are unlikely to do so now that extra money is being put in their pockets following the announcement of the government#039;s economic package.

Suncity confident hotel occupancy rates will return to normal by Q2 next year

SUNWAY City Bhd (Suncity), the owner of Sunway Lagoon Resort Hotel which saw occupancy rates drop to a historic low of 40% in April, sees a glimmer of hope this month as the trend has bottomed out and things are likely to return to normal by the second quarter of this year.