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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