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RM11.8bil 9-month balance of payments surplus
MALAYSIA recorded a balance of payments surplus of RM11.8bil in the first nine months of 2002, against a deficit of RM600mil in the corresponding period a year ago, the Statistics Department said yesterday.
Allianz emerges as major risk insurance player after alliance
ALLIANZ General Insurance Malaysia Bhd has become one of the major industrial risk insurance players in Malaysia with a significant market share just two years into its strategic alliance with Germany#146;s Allianz AG, according to chief executive officer William Mei.
ASN investors get 5 sen a unit income
PERMODALAN Nasional Bhd (PNB) has declared an income distribution rate of five sen per unit for its Amanah Saham Nasional (ASN) scheme for the financial year ended Dec 31, 2002.
Investing in property abroad
JASON Tan, 34, started investing in Australian properties in 1995, two years before the financial crisis pulled the rug from under the feet of Asia. Today, he has one property in Malaysia, one in Singapore and six in Australia.
Lessons learned from the market
The stock market is in a way, the epitome of the school of hard knocks, writes YEOH KEAT SENG.
US factory data upbeat
US manufacturing stepped out of the doldrums in December, expanding by a lot more than expected, but the improvement was at odds with other soft economic news recently, and did not change expectations for a gradual recovery in 2003.
Fighting the Bears
Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?
How high can it go?
ASK around.It is a foregone conclusion that the local stock market is currently not too far off its lowest ebb. The mostpertinent question is how high can the Kuala Lumpur Composite Index (CI)go in 2003?
A kampong boy made good
After 19 years as political secretary to the Prime Minister, Datuk Abdul Aziz Shamsudin was made Deputy Education Minister two years ago. But things did not come on a silver platter for this kampung boy. B>Shahanaaz Habib /B>has the story.
