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Wednesday March 21, 8:49 AM

MARKETS-MALAYSIA-STOCKS =2 KUALA LUMUR

FACTORS TO WATCH

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- Malaysia wants a stronger currency and believes exporters will be able to cope with a slow and steady appreciation of the ringgit, Prime Minister Abdullah Ahmad Badawi said on Tuesday.

Abdullah told an interview with Reuters and CNBC that he welcomed a strong ringgit as a vote of investor confidence.

For full story, please double click on [ID:nKLR15714]

- Malaysian state car maker Proton Holdings Bhd is talking only to German carmaker Volkswagen AG about a strategic alliance, Prime Minister Abdullah Ahmad Badawi told Reuters on Tuesday.

For full story, please double click on [ID:nKLR30934]

- Malaysia's premier kept his options open on Tuesday on the timing of the next election, saying the return of opposition figure Anwar Ibrahim into active politics next year would not tempt him to call an early poll.

For full story, please double click on [ID:nKLR200391]

- Malaysian annual inflation probably held at 3.2 percent in February, a Reuters poll showed, meaning interest rates should also be stable for a while, but lower prices may herald a loosening in policy later in the year.

For full story, please double click on [ID:nKLR621]

- Malaysia's RHB Investment Bank plans to set up business in another Asian country as it looks at regional expansion for future growth amid rising competition at home, its chief executive said on Tuesday.

For full story, please double click on [ID:nKLR621]

- Malaysia's third-largest builder by revenues, IJM Corp , plans to list two Indian units, starting from the end of 2007, as it looks to snare more projects overseas, a top company official said on Tuesday.

For full story, please double click on [ID:nKLR206142]

 


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