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Business 02 Jan 2003 | 12:00 AM

Outlook for banks positive

RATING Agency Malaysia Bhd (RAM) has reaffirmed a positive outlook on the local banking sector in view of the continued improvement in asset quality owing to the gradual economic recovery and the resolution of the Lion group debts.

Business 08 Jan 2003 | 12:00 AM

Danaharta affected by delisting of PN4 firms

THE delisting of financially stressed companies under the PN4 sector will affect Pengurusan Danaharta Nasional Bhd#039;s assets in eight of these companies, said chairman Datuk Azman Yahya.

Business 11 Jan 2003 | 12:00 AM

Banks' biggest challenges in 2003

Banks in Malaysia are in for a challenging year. In its recent 2003 market Outlook Strategy report, RHB Research Institute maintains a neutral weighting on the sector and has forecast an anaemic 9 per cent growth in net banking profits for financial year 2003. The research house gives its outlook on the sector.

Business 18 Jan 2003 | 12:00 AM

Versus the CI

Liew Lai Jing writes on TNB, Gamuda, CAHB, UDA and Hunza Properties.

Business 25 Jan 2003 | 12:00 AM

Measures to boost economy

Observers say the economy ultimately requires a stimulus package that covers all initiatives aimed at raising government spending and private consumption.

Business 15 Feb 2003 | 12:00 AM

Public Bank seen as superior

PUBLIC Bank Bhd is generally and strongly viewed as one of the safest stocks around for investors, considering the uncertainty of an impending war on Iraq and its implications on the world economy and Malaysia.

Business 25 Feb 2003 | 12:00 AM

Challenging time ahead for banks

THE latest financial results reported by banks reveal the fact that earnings are mainly driven by lower provisions for non-performing loans and growth is rather difficult to achieve amid the continued slow loans growth in the country.

Business 27 Feb 2003 | 12:00 AM

RM472m operating profit for OCBC

OCBC Bank (M) Bhd has reported an increase in operating profit before provisions but a decline in pre-tax profit for the year ended Dec 31, 2002.

Business 27 Feb 2003 | 12:00 AM

EON posts 10.4% rise in pre-tax profit

EDARAN Otomobil Nasional Bhd (EON) has reported a 10.4% increase in its group pre-tax profit of RM905.9mil for the financial year ended Dec 31, 2002 compared with RM820.3mil in the previous year.

Business 21 Mar 2003 | 12:00 AM

Banks likely to become more cautious

IT#8217;S still too early in the day to gauge how banks may be impacted by the US-Iraqi war, but traditionally, being a conservative sector, banks are expected to turn more conservative.