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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.

Mohd Azlan re-appointed KLSE chairman

DATUK Mohd Azlan Hashim has been re-appointed executive chairman of the KLSE committee, and Datuk Mohaiyani Shamsuddin deputy chairman.

Wooing China, Mid-East tourists

TODAY'S CEO OUTLOOK 2003 features two CEOs in the hotel sector and one in the information technology (IT) industry

Average lending rates likely to decline, says SJ Securities

AVERAGE lending rates are expected to come off slightly, which is not surprising as focus of loans growth is retail driven, said SJ Securities research head Anthony Dass.

How sustainable is our recovery?

Going into 2003, Malaysia economic recovery is expected to be sustainable in spite of a slowing US economy. We see real GDP sustaining at 4.3% in 2003 (2002e: 4.0%).

Don: More Bali-like attacks this year

The al-Qaeda terrorist organisation is likely to surprise with more Bali-like attacks this year, an academician warned.

Insurance mergers gaining pace

THE ongoing consolidation in the insurance industry, despite some minor hiccups initially, has been quite successful, and is seen forming the foundation for further mergers.

PNB still on lookout for quality investments

PERMODALAN Nasional Bhd (PNB) will continue to look for quality investment opportunities across all sectors of the Malaysian economy, including undervalued stocks of companies with resilient business and prudent management, chairman Tan Sri Dr Ahmad Sarji Abdul Hamid said.

Group remains a serious security threat

THE Jemaah Islamiah (JI) group remains a threat to Singapore even though two waves of arrests by the Internal Security Department (ISD) have severely disrupted its local network.

Nestle the popular choice for defence

NESTLE (M) Bhd has proven to be a good defensive stock that has consistently rewarded shareholders with impressive dividends.