Wednesday, 21 December 2011

Promotion of e-payment for the transfer of funds intensified

E-Payment will be promoted as a medium of transaction in the economy as well as appropriately, safely and profitably in terms of cost, for the transfer of funds. Bank Negara Malaysia's Financial Sector Plan 2011-2020 report, said the growth in e-payment is very encouraging, with growth significant in the overall method.
The use of e-payment per capita has doubled, from 22 in 2005 to 44 in 2010, with the huge growth in the use of debit cards, which rose by 8.2 times, Internet Banking by 6.3 times and the Interbank GIRO by 4.5 times.
"Within the next 10 years, the Bank aims to increase the number of e-payment transactions per capita to 200 by the end of 2020, compared to 44 transactions in 2010 and reduced by more than half of the check transactions from 207 million to 100 million a year," he said. The

Friday, 2 December 2011

Daihatsu is committed to help perodua

Daihatsu Motor Co. Ltd. said it will continue to provide support in terms of providing the latest technology to the Second Automobile Industries Sdn Bhd (Perodua) to allow business partners is to maintain its position as a leading compact car segment in Malaysia.

Japan's top manufacturers to assure that it will assist in the development of new models of TOYOTA and develop the technology vendors.
President Koichi Ina said the company was looking at Malaysia as a strategic market to expand its market exploration. He said the overwhelming response to the Myvi 1.5 SE, which was launched last June PERODUA is evidence of the potential for compact cars in Malaysia. He said the Myvi sales of about 10,000 units per month highlight that the vehicle offered meets NISSAN public taste and ability. "We want to ensure TOYOTA Toyota Japan continued to be the number one

Monday, 28 November 2011

Samsung Target sold 2 million Galaxy Note

SAMSUNG Electronics is targeting to sell two million units through the launch of a new Note Galaxy domestically latest Android-powered devices Galaxy on Tuesday. The Company is based in South Korea did not set any timeframe for a new Note Galaxy sales projections that are currently available in some countries.

Note the screen 5.3 inches (13.5 centimeters) is the model equivalent to a major Android device Samsung smartphone Galaxy and the Galaxy Tab.
Introduction of the model comes with a screen larger than a smart phone and smaller than the tablet proves that the company aimed to become a market leader model combines both smartphones and tablet functions. Samsung said, the model is merged into the smartphone mobile devices with used on a large screen tablet. "Galaxy Note is a revolution which opens a new category of

Wednesday, 23 November 2011

Google Malaysia drag 50.000 SMEs

GOOGLE Malaysia aims to attract up to 50,000 small and medium enterprises (SMEs) to develop an online business for a period of 12 months through its new initiative Get Malaysian Business Online (GMBO).
The initiative will also enjoy the support of the Malaysian Communications and Multimedia Commission (MCMC). My Domain Registry and ITrain Malaysia Sdn Bhd, offers many advantages to SMEs include the construction of free website.
Google Area General of Malaysia, Sajith Sivanandan, said in addition, a total of 10.000 first SMEs to participate will receive RM80 registration of domain names for free by. My Domain Registry. the SMEs, he said, only need to renew the annual license amounted to RM23 per year. "We in turn, will provide online advertising vouchers worth RM200 for free to 50,000 SMEs earliest to use to strengthen their presence on the Internet, "he said at the launch GMBO in Kuala Lumpur yesterday. Also present were Minister of Information, Communication and Culture Minister Datuk Seri Dr Rais Yatim, MCMC chairman Datuk Mohamed Sharil Tarmizi and Chief

Sunday, 20 November 2011

Planning to bring together ASEAN FTA

Association of South east Asian Nations ( ASEAN )and its dialogue partners are studying the possibility to expand and strengthen the economic integration by creating a single Free Trade Agreement (FTA) between the 10-member regional organization with all trading partners in East Asia.
ASEAN now has established a separate FTAs ​​with six dialogue partners in East Asia the ASEAN-China FTA (2005), ASEAN-Korea FTA (2006), ASEAN-Japan FTA (2009), ASEAN-India FTA (2010) and the Asean FTA -Australia and New Zealand (2010).
ASEAN leaders also recommends work plan for ASEAN to establish the ASEAN + 1 FTAs ​​templates, taking into account the East Asia Free Trade Area (EAFTA - ASEAN +3) and Comprehensive Economic Cooperation Agreement (ASEAN + 6). - Mustapa Mohamed, Minister of International Trade and Industry Minister of International Trade and Industry (Miti), Datuk Seri Mustapa Mohamed said ASEAN maintained to ensure convergence of the expansion process, the ASEAN Economic Ministers outlined a set of general principles in an effort to broaden and deepen ASEAN's relations with

Tuesday, 15 November 2011

candidate members of the FBM KLCI

NESTLE (Malaysia) Bhd, AirAsia Bhd and Bumi Armada Bhd is one of the three major  candidates are included in the component stocks of the FTSE Bursa Malaysia KLCI (FBM KLCI) to replace the PLUS Expressways Bhd and Gamuda Bhd, which is likely to be issued.
The benchmark index represents the 30th largest company on Bursa Malaysia in terms of full market capitalization, as well as to meet the criteria and passed the test liquid flotation.
PLUS will be out of the list of index components making up the steps of private companies, while Gamuda likely to be excluded as it was out of the list of 35 largest companies in Malaysia in terms of market capitalization. OSK Research, in a research note said, of the three candidates, Nestle companies are almost certain to be restored to the list of members on the FBM KLCI index half-year review next month. He said, the counter is in conformity with eligibility criteria

Tuesday, 8 November 2011

In 2015 Maybank to expand operations to achieve one-third of sharia

Maybank aims to expand its Islamic finance operations until it reaches one-third of its total operations by 2015. president and chief executive officer Datuk Seri Abdul Wahid Omar, said that last June the banking company's financing operations rose to 27 percent.

"In line with our aim to increase the Islamic banking operations not only in Malaysia but also throughout the Asean region, and 'progress' we are very good.
"The success of Islamic finance operations Maybank increase was due to the diversity of Shariah-compliant products, innovate and meet the needs of consumers lining," he told reporters after the ceremony of offering the Prime Maybank completed 2011/1432 AH Deputy Minister of Rural and

Thursday, 3 November 2011

Special package of economic protected

PACKAGE worth RM6 billion special stimulus provided in the Budget 2012 will function as a protector to the economy of the possibility of another round of world economic crisis, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
"It is to ensure that the country enjoys a higher economic growth if the recession does not occur, and if the opposite happened, then it will be able to protect our economy.
"If the recession in the United States (U.S.) and the zone of the European Union (EU), will almost certainly affect trade figures. "Because the government stressed the stimulus package is to protect the nation's economic strength," he told reporters after delivering a keynote address at Conference of Accountants and Malaysian Institute of Accountants ASEAN Federation of Accountants Conference on the 17th (MIA-AFA 2011) in Kuala Lumpur yesterday. In the 2012 Budget last month, the government has allocated a special stimulus package worth RM6 billion to be

Tuesday, 25 October 2011

Euro zone fund-level efforts

Surged yesterday after the Asian SHARE weekend meeting of European leaders shows the development of promising to address the regional debt crisis which could result in an economic downturn.
Euro zone rescue effort raising 440 billion euros (U.S. $ 610 billion), European Financial Stability Facility (EFSF), to convince the market that they have the means to protect countries like Italy and Greece are facing high debt burdens.
However, they just announced some concrete details of the weekend meeting with a promise to disclose all of the second summit on Saturday.
Investors will also monitor the yen reached a record high after the war, 75.78 against the U.S. dollar (U.S.) last Friday, before the dollar regain its strength to 76.15 yen in afternoon trading yesterday. The surge was led to the Minister of Finance of Japan to take steps to address the appreciation of their currencies are concerned the strengthening of the yen will affect Japan's exports.
Tokyo closed 1.90 percent or 165.09 points higher at 8,843.98, while Sydney jumped 2.73 percent or 113.1 points to be 4.255 and Seoul rose 3.26 percent or 59.94 points to 1,898.32. Hong Kong

Thursday, 29 September 2011

PNB shares to buy fresh SP Setia

CAPITALISATION Nasional Bhd (PNB) today made ​​the offer to acquire the shares not owned by the SP Setia Bhd, the local's largest real estate company in terms of sales, at a price per unit for the ordinary shares of RM3.50 and 91 sen unit for a warrant.
Offer a whole was estimated at RM6.9 billion is submitted after the PNB and the stakeholders together (PAC) until yesterday over 33.17 per cent equity in SP Setia, thus surpassing the 33 percent minimum that requires it to make a mandatory takeover offer (MGO).
If true, the deal will emerge the largest takeover in Malaysia's property sector in almost 20 years. Maybank Investment Bank Bhd (Maybank-IB), acting on behalf of PNB said in a statement yesterday, said the offer price represents a premium of 40 cents, or 11:43 per cent over the closing price of SP Setia on Tuesday at RM3.50 before it suspended trading yesterday. Maybank-IB said, PNB intends to maintain its listing status on Bursa Malaysia's property. "If the total acceptance of the offer saw the spread of share ownership by the public in SP Setia is less than 25 percent, the party making the offer will explore various options or suggestions to improve

Thursday, 22 September 2011

World economic growth down

International Monetary Fund (IMF) down global economic growth for 2011 and 2012 between 0.3 to 0.5 percent due to continued economic problems in the European Union (EU) and the United States. In the World Economic Outlook report for September, the IMF projected growth rate of four per cent for 2011 and 2012 compared with 4.3 percent and 4.5 percent in June.

IMF projections for the U.S. declined to 1.5 and 1.8 percent from 2.2 and 2.6 per cent, while for European countries, its economy is expected to grow by 1.6 and 1.1 per cent compared to two and a projected 1.7 percent in June.
Expected to be less affected Asian countries within the IMF projections with China is now

Saturday, 10 September 2011

CKD Volkswagen models in December

MODEL local assembly (CKD) for the Volkswagen Passat and Polo result pact ties between DRB-Hicom Bhd and Volkswagen AG (VW) will be released by the end of this year, said Managing Director of Volkswagen Group Malaysia (VGM), Ricky Tay. Two models of passenger vehicles through the cooperation of the Malaysian automotive conglomerate and Europe's largest automotive company, will be installed in the automotive complex, Pekan, Pahang.

He said production of the CKD model, VW will strengthen efforts to increase market share in the country to 10 percent within the next few years, in line with the desire to be the market leader for non-national car in Malaysia.
As of last June, the vehicle manufacturer based in Wolfsburg, Germany in this country is 1.4

Thursday, 25 August 2011

DRB-Hicom income increased

INCOME DRB-Hicom Bhd's first financial quarter ended June 30, 2011 increased to RM1.58 billion from RM1.55 billion recorded in the same quarter the previous year.
"Better revenue performance was supported by higher revenue contribution from services, and real estate, construction and assets," said group managing director Datuk Seri Mohd Khamil Jamil.

However, the group's operating profit fell slightly to RM146.31 million from RM152.26 million in the same quarter the previous year. Mohd Khamil explains lower profits was caused by supply disruptions due to natural disasters components in Japan in March. However, he is confident effects of the earthquake and tsunami in Japan did not affect the performance of the group in

Tuesday, 23 August 2011

Gold prices remain high

PRICE gold continues to surge to the highest in the history of the U.S. $ 1,888.90 per ounce, or about RM180 1 gram yesterday due to lingering worries over the possibility of the United States (U.S.) recorded recession
doubled, while the debt crisis in Europe deepened.
Uncertain market conditions when this has encouraged investors choose to invest in precious metals because they are among the best hedge investments during the economic crisis. Affin Investment Bank head of research, Dr Nazri Khan, said he expects the gold price will hit U.S. $ 1.900 per ounce in the near term due to continued U.S. dollar weakness and fears of recession in the U.S. again.

He said he also saw the price of gold has the potential to reach U.S. $ 2000 per ounce by the end of this year due to demand for precious metals as investors prefer to invest in gold when the market volatility of the world. "The drop in ratings due to U.S. to promote the U.S. bond

Friday, 19 August 2011

Panasonic's sales target RM2b

PANASONIC Malaysia Sdn Bhd is looking at sales of RM2 billion through its extensive energy business segment by March next year, thereby contributing 50 percent of the company's overall sales in the country.
Managing Director, Jeff Lee, said the target was driven continuous investment in environmentally friendly products and services supported Panasonic's brand strength will increase the confidence of consumers and distributors.
He said the commpany is now focusing on a comprehensive energy solution business in a new direction in line with the target of becoming the number one green innovation in the electronics industry by 2018. "We are confident of achieving the target despite the many challenges including the shortage caused by the earthquake in Japan March and volatile global economic situation, "he said after launching the Panasonic ECONATION declaration in Kuala Lumpur

Thursday, 18 August 2011

Philippine company to buy equity Esso

Speculation about who will take over the company's 65 percent equity stake in ESSO Malaysia Bhd from ExxonMobil International Holdings Inc (EMIH) answered when the Philippine conglomerate, San Miguel Corp. emerged as the buyer.
Company based in Mandaluyong City, Metro Manila on Tuesday to complete the sale purchase agreement (SPA) with EMIH to acquire a stake at U.S. $ 206,020 million (RM614.25 million), or RM3.50 per share.
Price was 29 percent lower than current prices which Esso Malaysia in the final session of trading on Bursa Malaysia yesterday, the shares jumped 14.1 percent, or 61 cents to close at RM4.95 per share. Based on current share price of Esso Malaysia, 65 per cent stake sale should be at a price of about RM760 million. However, to understand the main factors EMIH release the 65 percent equity stake to San Miguel at lower prices following the Philippine company's willingness to make additional investments in Malaysia Esso oil refinery facility in Port Dickson, Negeri Sembilan at the time future. The facility now produces a variety of products

Saturday, 13 August 2011

Hong Leong to sell a banking license

HONG Leong Bank Bhd, which took over the assets and liabilities of EON Capital Bhd (EONCap) involving transactions worth RM5.06 billion in May, now has the option of either selling the investment bank's license MIMB Investment Bank Bhd, a subsidiary EONCap the Hong Leong Investment Bank or other parties.
The sale is necessary to meet the banking requirements in the country that only allows for individual institutions have an investment banking license. Managing Director and Chief Executive of the group, Yvonne Chia said the company currently has two investment banks following the acquisition of the license is EONCap.
"Currently we have the option to sell it to Hong Leong Investment. At the same time we also have several parties interested in buying them. However I can not comment further on this, "he said

Friday, 12 August 2011

DHL is confident the profit gained in Asia

DHL Global Forwarding confident that combines its ground transport services network could boost the company's business growth in Asia, particularly among small and medium entrepreneurs (SMEs).
Managing Director, Dennis van der Meijs, said the service linking Singapore, Malaysia and Thailand, known as ASIACONNECT DHL, DHL and DHL ASIANET ASIALINE was going to give space to the customer using ground shipping services are well-equipped, flexible and safe.
He said, Asia is projected to become a major contributor to group earnings was due to the growing market potential compared to other markets. "Last year, 60 percent from about 3 to 4 billion euros of income attributed to the Asian region and we expect a more significant increase for the financial year after This, "he told reporters after launching the network consolidation in Kuala Lumpur yesterday. Dennis said, with predictions that the SME market in Asia will

Saturday, 6 August 2011

Asian shares plunge

MARKETS Asian stocks plunged yesterday in line with the plunge in the United States (U.S.) and Europe as the world was now taking on another financial crisis. Investors have lost confidence in the more depressed by the statistics of a weakening U.S. economy and a warning from the head of the European Commission that the debt crisis euro zone is likely to spread to other countries.

"It is the worst weekend of the transaction," said IG Markets analyst Ben Potter in Sydney, adding that all sectors are expected to face a shot.
Tokyo fell 3.72 percent or 359.30 points to close at 9,299.88, while Hong Kong plummeted 4.29 percent or 938.60 points to end at 20,946.14. Sydney fell four per cent or 171.1 points to 4,105.4 and Seoul fell 3.70 percent or 74.73 points to 1,943.74. Sydney loss of 8.72 percent in four days ago, while Seoul fell by approximately 10.5 per cent in the same period. Taipei recorded the largest fall when plunged 5:58 per cent or 464.14 points to close at 7,853.13. Shanghai down 2.15 per cent or 57.62 points to 2,626.42, while Mumbai shed 3.10 percent in afternoon trading. Concerns hit Asia from Europe and the U.S., which saw the Dow Jones

Thursday, 4 August 2011

TM, Google help SMEs

TELEKOM Malaysia Bhd (TM) strategic partnerships with providers of international search engine Google Inc. to offer online marketing medium for operators of small and medium enterprises (SMEs).
The first such joint venture between TM and the most popular search engine global, see TM offers a platform for advertising through Google searches, ie Google Adwords, to SME customers in Malaysia.

Google Adwords is a service that enables companies to publish the ads quickly and easily on the Google website and website partners. Executive Vice President SME Division TM, Azizi A Hadi, said the joint venture, TM will offer Google AdWords marketing coupons to customers PKSnya in Malaysia that can be used to launch online marketing campaigns. "Initially, coupons valued at between RM150 and RM500 will be given free to 50,000 SME customers and the Office In A Box TM

Wednesday, 3 August 2011

Project contact Johor, Jakarta

Malaysian`s ICT COMPANIES, Symphonet Sdn Bhd and Indonesia's telecommunication company, PT Indonesian Internet Interconnection (3i) to build fiber optic telecommunications cable linking the seabed between the two countries over 1.200 kilometers (km).
The two companies formed a consortium to implement the project called Singapore-Jakarta Cable System (JJCS).

Symphonet Chief Executive, Datuk Baharum Salleh, said telecommunications cable will be built as a bridge between Singapore and Jakarta with several other connections to Singapore, Batam, Jambi, Bangka Island and India. He said when completed by the fourth quarter of next year, cable is capable of carrying more than 20 terabit (Tbps) per second to accommodate the increasing use of Internet, data transfer, video and voice traffic between the two countries and other connections in its path. "Development of the cable directly to the Johor Iskandar Malaysia will enhance the 'Southern Hub' at the same time provide an alternative provider of telecommunications services in Indonesia channel traffic out of them without using the existing routes. "We will benefit from the growth potential of large data, voice traffic and broadband

Tuesday, 2 August 2011

PR penetrating the third world markets

Several of Indonesia intends to partner with Malaysian companies to penetrate third country markets in the construction sector, said Deputy Chief Executive of the Malaysia External Trade Development Corporation (Matrade), Dr Wong Lai Sum. He said they were interested in exploring business opportunities with Malaysian companies in countries such as Algeria, North Africa, West Asia and ASEAN countries.

"This is the first time they expressed a desire to establish cooperation with us," he said in Jakarta. Wong, who is in the capital city of Indonesia for the Specialised Marketing Mission Matrade in construction and related services, said the company was in talks with companies about possible cooperation in the construction of roads, buildings and shopping malls, commercial and residential properties.
"They are also keen to forge alliances in other parts of ASEAN, as ASEAN expanded to realize its objective of becoming a common market, it should be no barriers," he said. delegation of 20 individuals of several companies specializing in the construction sector took part in the marketing mission.

Performance is projected gold prices continued to surge

Projected INVESTMENT in gold and will return up to 24 percent per annum during the next three years the price of precious metals is expected to reach U.S. $ 2.100 seauns by 2014.
Head of Investment Strategy Standard Chartered Bank (StanChart), Steve Brice, said demand for gold would continue to grow, especially from China and India due to rising disposable incomes in both countries.
He said the global economic situation uncertain because of the debt problem in the United States (U.S.) and European central banks continued to promote the worldwide increase their gold reserves. "We are confident with the performance of gold prices is expected to increase further due to demand as investors see commodities as an investment hedge, "he said at a media briefing on the expected investment second half in Kuala Lumpur yesterday. Brice said he expects the gold price could reach U.S. $ 1.650 seauns by the end of this year. The interest rate environment is negative in the U.S. also lead to increased demand for gold because normally it is very high

Saturday, 30 July 2011

20 new Chevron gas station

Chevron Malaysia Ltd. , the operator of the brand Caltex service stations in Malaysia, plans to open up 20 new stations within the next few years involving an investment of up to RM15 million each.
The move is aimed at increasing the share of the local oil retail market to 14 percent from about 10 percent now.

Director of its support, Faizah Abdul Samad, said the company currently has 429 stations, including six newly opened this year. He said, overall the group plans to open nine stations this year. He said the focus of the opening of new stations are in the Klang Valley and Other key locations throughout the country, except for Sabah and Sarawak. Faizah said Caltex has not entered Sabah and Sarawak due to some difficulties from technical aspects even able to do so. "We are able to expand its operations in two states, but the constraints of some aspects of

Friday, 29 July 2011

Proton is confident the market dominated

PROTON Holdings Bhd is confident of maintaining its position as the leading passenger vehicle market this year, and will now give greater emphasis on user satisfaction. Consequently, the national carmaker wants to be more consistent in terms of quality of production model new, especially towards the preparation for its maiden issue of global cars, P3-21A early next year.

Managing director Datuk Syed Zainal Abidin Syed Mohamed Tahir, said the company was very satisfied with the achievements of the first six months of this year which saw a 32 per cent of PROTON's domestic market by selling about 85.000 vehicles throughout the period.
We are pleased with the position, but want to continue such performance by increasing the level of display quality of each new model Proton. "It is in line with the current position of the company that saw increasing acceptance of the PROTON brand over the last few years, thus

Wednesday, 20 July 2011

Petrofac to take over shares RNZ

PETROFAC Ltd., the giant British oil and gas engineering is in talks to acquire a significant stake in the RNZ Integrated (M) Sdn Bhd, which is one of six companies licensed offshore engineering major PETRONAS.
Industry sources said the acquisition of majority shareholding RNZ Integrated aims to strengthen the company's position is based in Jermyn Street London to bid for more service contracts and the development of small oil wells in the more risky sea with PETRONAS.
A small oil well development activities and the sea in Australia is now gaining the attention of big international companies due to a serious commitment of the government in an effort to increase the country's total oil reserves. "Drawing on the developments, the British companies are strategizing to improve the reach of its involvement in oil industry and gas industry in Malaysia with the potential to take over local companies, with RNZ target acquisition. "Talks involving the two parties (Petrofac and RNZ Integrated) is in progress and understand oil and gas engineering giant Britain is keen to take over 50 per cent stake in RNZ Integrated. "However, they are still at an early stage and no agreement has not been finalized," he told The Star in Kuala Lumpur. RNZ Integrated led Managing Director and Chief Executive Officer, Rozali Ahmad, however, could not be contacted for comment on the incident. The source said , Petrofac

Tuesday, 19 July 2011

PRICE gold surged past the U.S. $ 1.600 for 1 auns

PRICE gold surged past the U.S. $ 1.600 1 auns yesterday, the highest level in history, due to continued buying investors divert investments to precious metals such as fear debt problems deepened in Europe and the United States (U.S.).
Commodity prices continued to strengthen in morning trade today with the surge to U.S. $ 1,600.10 seauns Market Blooms London after witnessing upward trend since Friday.
Head of Research at Affin Investment Bank, Dr Nazri Khan, said the uncertainty of the resolution of debt problems in Europe and the U.S. caused investors to shift the focus to gold because the precious metal is considered as the safest investment during the crisis. He said the gold price is expected to continue upward trend potential to reach U.S. $ 1.650 seauns in the

Sunday, 17 July 2011

D'Tandoor expanded into Indonesia

D'Tandoor Food Industries Sdn Bhd , the owner of the restaurant chain of North Indian cuisine, D'Tandoor aimed to enter the Indonesian market by the end of this year following the market potential of the rapidly growing republic.
It also supported the emphasis Ministry of Domestic Trade, Cooperatives and Consumer Affairs (the ministry) to the local franchisors to explore the market in Indonesia and several other countries including West Asia, India and China.
Commenting on the matter, founder and managing director, Abdul Malik Abdullah, said he is confident the market potential of neighboring countries with similar cultures and religions of Malaysia, thus encouraged to continue to monitor market developments in the country. "ministry last June to bring 24 local participating franchisors Franchise Expo in Jakarta and we got positive feedback on products and plans to expand its business there, "he told The Star. April, D'Tandoor signed a memorandum of understanding (MoU) with the Bama Krama Group, based in United Arab Emirates (UAE ) as a franchisee for D'Tandoor restaurant chain with an investment value reached 8 million dirhams (RM6.54 million). Under the agreement, Bama manners will open 10

Regional Economic market lesion

Negative INDICATIONS the United States (U.S.), Europe and China last week as well as credit rating downgrades and uncertainty over the U.S. and Europe following the government's debt issues, affecting market sentiment.
Things that also affect the local market which saw the FTSE Bursa Malaysia KLCI (FBM) has a correction to test the level of support.
Compared to the previous week, the FBM KLCI fell 17.49 points, or 1.1 per cent to 1,577.25 with a loss suffered some heavyweights like Genting Bhd shares (-38 cents), CIMB (-17 cents), AMMB (-31 cents) and Maybank ( -12 cents), accounting for nearly 60 percent of the index fall. Average daily trading volume and value, respectively, decreased significantly to 759.8 million shares and RM1.44 billion compared with 931.3 million shares and an average of RM1.73 billion last week. Last week , the proposed merger Sapura Crest Petroleum and Kencana Petroleum shook the market. 's largest new entity will be in a better position to bid for larger contracts and more complex, especially abroad. The proposed merger does not create a concern because as a The merged entity, it will have a net debt position of RM1.6 billion from RM200 million net cash position prior to the merger. However, the current stock price and Kencana SapuraCrest not

Wednesday, 13 July 2011

Old Town shares surged

Old Town, Ltd., a manufacturer of beverage products immediately and the operator Old Town White Coffee cafe chain to be listed on the Main Market of Bursa Malaysia yesterday, surged to 12 per cent or 15 sen to RM1.40 per share as compared to the reference price of RM1. 25 per unit.
Its share price opened at RM1.38 per share, up 13 cents before surging to the highest level of daily RM1.40 per share shortly after that.
But profit -taking emerging after the price of these counters closed at RM1.32 per unit, up 5.6 percent, or seven cents compared to the reference price. On the whole the average market price during trading yesterday Old Town is RM1.34 per share for 51.75 million shares traded, valued at RM69 .41 million. Its chairman, Datuk Dr Ahmed Tasir Lope Pihie, said he is satisfied with the

Mercedes sold 3.900 vehicles

MERCEDES-BENZ Malaysia (MBM) to sell 3.900 units of passenger and commercial vehicles in the first six months of this year, the best since it was established in the country.
Chief Executive Officer, Roland S Folger, said it was increased by 22.6 per cent compared with 3.182 units sold during the same period last year.
Clearly, the company last year recorded sales of 7,000 units involving total 5.003 1.967 units of passenger cars and commercial vehicles. "Based on the encouraging performance in the first half of this year, we are on track accurately create a new record in passenger and commercial

Monday, 11 July 2011

11.000 new Myvi before raya

COMPANY Second Automobile (TOYOTA) aims to deliver between 10,000 and 11,000 units of new Perodua Myvi has been booked by July.
's managing director, Datuk Aminar Rashid Salleh, said the first week of this month, 1,000 units already delivered, and last month the company deliver 2,000 units of new Myvi.
"Recently received very encouraging for the new Myvi since it opened on 4 June. So far, we have already received 17.000 orders for the capital. "We strive to deliver as many cars before the festival to meet customers' dreams to go spend a highway to the village with a new car," he told reporters after the end of the session to test drive the new Myvi car media in Singapore recently.

Aminar said driving test session held at the request of members of the media for a longer

Saturday, 9 July 2011

Long term investment plan

When we buy shares or invest in a company, indirectly, we agreed to also bear the risk in the business performance of companies. Each investor must realize that the value of shares can fall shattered to be worth even a cent if the company went bankrupt.
Many people, especially new investors involved with stock investing is usually difficult to choose which stocks to buy and when the right time to invest in assuming their investment knowledge is too shallow, or at least worried that stock prices may have been too high and likely to fall back at any time. If possible they want to get good profit in a short time and at the same time afraid of losing the investment made.

Investing strategies

The best time to invest in shares is not actually located to the seconds, hours, minutes or days, right to buy shares, but more dependent on the duration of an investment - that is for short periods, medium or long term. In fact, no one know whether the shares of a company or the stock market as a whole will rise or fall at any given time. However, a wise and experienced

Friday, 8 July 2011

Japanese car industry to recover the effect of the tsunami

PRODUCER Japanese cars are now starting to recover from the negative effects of the destruction following the earthquake and tsunami that hit the northeast Japan last March. Deputy Chairman UMW Toyota Motor Sdn Bhd, Takashi Hibi, said that car production is beginning to be able to overcome delays in production as experienced in the period April to May following the disruption of operations.

"We are beginning to be a recovery path by June," he said after a dialogue between the Federation of Chambers of Commerce and Industry of Japan in ASEAN (FJCCIA) and Secretary General of ASEAN, Dr Surin Pitsuwan in Kuala Lumpur yesterday.

Hibi, who is also chairman FJCCIA, said in April, Japanese companies have factories in ASEAN had to slow down the operation because of the disaster triggered disruption of supply chains around

Sime Darby sold 70.000 vehicles

SIME Darby Motors Sdn Bhd, the automotive business of Sime Darby Bhd had sales of up to 70.000 vehicles in the year ended 30 June, 16.7 percent higher than the set target of 60,000 units previously. 's managing director, Datuk Lawrence Lee, said of the total market China accounted for sales of 27,000 units during the financial year July 30, 2010 until June 30, 2011.

He said, based on performance, the company is confident its operations arm of the income contribution of China to the company's overall earnings, will increase more than 35 percent compared to only 30 per cent recorded last year.
"The performance thus shows China operations, which includes markets in mainland China, Hong Kong and Macau, remains the largest revenue contributor to the company until now. "It's expectations, especially after you know the results of the third quarter of the current financial year when the three countries posted revenue of RM4.6 billion or about 45 percent over other markets such as Malaysia, Singapore, Thailand, Australia and New Zealand, "he said in Chengdu, China, yesterday. Elaborating, he said the operation in China will remain a key driver growth of the company and it will continue to increase investment to strengthen the position in respective regions. He said the company will take advantage of China's regional economic environment better and encouraging the growth of industrial sector to increase sales of luxury vehicles and open more branches in various cities with potential. "significant contribution the income of the company placing it among our priorities for the next expansion plan, we will strengthen the presence in the region by allocating more investments to open more branches and bringing in new brands in China, "he said.

Thursday, 7 July 2011

Tokyo Stock Exchange reached its highest level

SHARE Asia closed mixed yesterday, with Tokyo recorded the highest closing price since the earthquake on March 11 following the vote of confidence in the United States, however, reduced the debt ratings of Portugal little impact on market sentiment.
Wall Street's stock performance is increased slightly, after a long weekend has provided some direction in the marke
Tokyo shares rose 1.10 per cent, or 110.02 points to 10,082.48, the highest recorded since March 11 and the first time it closed above 10,000 points since 2 May. Seoul closed 12:44 per cent, or 9:44 points higher at 2,171.19 and Sydney or 6.9 percent up 00:14 points to 4.605. However, Hong Kong fell 0.38 per cent while the Shanghai download 0:51 per cent. In New York, the Dow Jones,

Tuesday, 5 July 2011

AirAsia Airbus A320 200 book Neo

AirAsia Bhd, the operator of low-cost carrier, is expected to be among the world's largest airline group following the orders 200 Airbus A320 Neo, said Senior Consultant Aerospace & Defense, Frost & Sullivan, Kunal Sinha. "AirAsia Agreement in respect of the single largest order with Airbus in terms of number aircraft. The group currently operates 89 A320 aircraft and has orders for 86 A320 aircraft. A total of 200 neo-engined A320 CFM LEAP-X will be delivered from 2016 to 2026, "he said in Singapore.

Sinha said the growth in commercial aircraft network is likely to switch to a new area of ​​Asia Pacific, China and West Asia. States, he said, is expected to follow different patterns that make the North American and European markets mature.

Sunday, 3 July 2011

Exchange Weekly: FBM KLCI hit its highest level

Composite Index FTSE Bursa Malaysia (FBM) rose and closed at new record levels last week.
It is stimulated by events 'decorate account' for the first half of the domestic market and foreign market rally after a major borrower agreement to settle 70 percent of government debt when Greece has enacted measures to continue the relief efforts.
Consequently, the FBM 18:28 KLCI gained points, or 1.17 percent last week to close at new record high of 1,582.94, with the increase in CIMB (+25 cents), Hong Leong Bank (+82 cents) and Gamuda (+20 cents) contributed about 40 per cent increase index. The average daily trading volume and value in their margin decreased to 903.5 million shares worth RM1.65 billion, compared with an average 920.4 million shares worth RM1.53 billion last week. We began to enter the second half

Bumi Armada to the Main Market

BUMI Armada Bhd, which will be listed on the Main Market of Bursa Malaysia this month is on track to become a leader strong services sector, offshore oil and gas in Asia within five years.
Executive director and chief executive officer Hassan Basma Assad, said the company is now close to a major player in Asia marine transport services storage system (FPSO) and offshore support vessels (OSV).
"As a company, to achieve the target we need to remain competitive, healthy and continued to record profits. "In terms of regional competition, we were very close to the main competitors from Hong Kong and Singapore," he said in an interview with The Star in Kuala Lumpur, recently. In the FPSO segment, Basma said Bumi Armada aims to become the world's fourth largest players and the largest in Asia in terms of fleet size by 2013. "We are now approaching the first

Friday, 1 July 2011

Firefly wingspan to South Asia

COMPANY community airline, Firefly, plans to add new destinations in South and North within the next five years, said managing director Datuk Eddy Leong. He said the company will explore new routes in North Asia, including Taiwan, Japan and South Korea, and Indian subcontinent in Southeast Asia.

"We will fly over the ASEAN as part of a long-term plans to offer flights to popular destinations," he said after launching Firefly's inaugural flight to Sibu, Sarawak.
Under code-sharing with its parent company Malaysia Airlines (MAS), Firefly offers the Kuala Lumpur-Sibu, using B737-800 for the Kuala Lumpur-Sandakan beginning August 1. Leong said, Firefly will also identify new domestic destinations such as Kuala Lumpur to Kuching, Miri and Bintulu and at the same time, making Singapore as a hub airport for connecting flight to

Understand the term stock investments to help increase skills

Today I will explain about some of the popular terms in stock investing. I hope after this we can talk about investment in shares and eventually with the shared knowledge and experience to be more involved in investing in the stock market.
These terms are listed with reference to Malay glossary issue Routledge, 2001. Among the terms you need to know in share investments include:
1. Bull market bull market refers to the stock market increased by 20 percent or more in a long period is usually due to the improved performance of listed companies recorded a profit growth results benefited from an expanding economy. The term is said to have originated from the habits of the bull that attacked the victim on the gore. Examples bull market is a rising market trend began in August 1998 to early 2000. At that time, many people make a profit on their investment.
2. Bear market trend situation of the market plunged 20 percent or more in the long run due to favorable economic conditions. Associated with the nature of the bear that attacked the victim down menghenyak habit with sharp claws. Examples of the bear market is the performance of the Malaysian stock market which plunged during the 2008 impact of the global economic crisis.
3. Earnings per share more popular English term that referred to in EPS or 'Earnings per share.

Inflow of foreign funds push strengthening FBM KLCI

Bursa Malaysia recorded its highest closing level yesterday supported the inflow of foreign funds into local market following the country's economic prospects are expected to remain strong as well as shopping 'decorate account' half of the final day. At the close yesterday, the Kuala Lumpur Composite Index FTSE Bursa Malaysia (FBM ) increasing by 4.06 points or 0.26 percent to 1,579.07 points ahead of the previous closing high of 1,576.95 points, recorded on 6 January.

Dealers said although the global market situation is still in a state of uncertainty, especially following the debt crisis of Greece and the U.S. economic slowdown, but investor confidence in the local market remained strong.
"There is a purchase by foreign investors that were detected on the blue chips, especially in the finance, technology and construction. "The surge in the index today (Monday) is also generated activities decorate account 'by fund managers," he said. Following the increase,

Bumi Armada launches IPO at RM2.03 billion

services Provider of offshore oil and gas industry internationally, Bumi Armada Bhd yesterday launched its initial public offering (IPO) valued at RM2.03 billion, after re-listing on the Main Market of Bursa Malaysia.
It was the largest IPO so far this year in the local stock market and one of the largest in Asia.
For the IPO, a company owned by tycoon Ananda Krishan is offering 644.26 million shares, of which 461.9 million was allocated to selected investors and foreign institutions, while 102.49 million to Bumiputera investors approved. A total of 79.86 million is being offered for subscription to retail investors, with 29.28 million for public subscription, while the 21:29 million for directors, employees and individuals who contributed to the success of the company. For the shares allocated to retail investors, it is offered at an indicative price of RM3.15 per share to the final price is determined after the pricing of the institution determined through the bidding process. Based on the indicative price for retail investors, the IPO Bumi Armada, will generate RM2.03 billion. It also puts the value of the company's market capitalization at about RM9.5 billion after the listing is scheduled on 21 July. Executive Director who is also Chief Executive of Bumi Armada, Assad Hassan Basma, said part of the capital raised from the IPO will be used to strengthen the company's business in existing markets. He said the company will explore the opportunities available in those markets as well as attempting to enter new markets in Latin America, Africa and Asia. "We are bidding for six projects, each on average worth between U.S. $ 300 million to U.S. $ 500 million domestically and abroad, "he said at a press conference after the prospectus launch IPO in Kuala Lumpur yesterday. Basma said, going forward, the strategic focus group is continuing its growth in four business segments of the marine transport ( FPSO), transportation and installation (T & I), offshore support vessels (OSV) and oilfield services (OFS).

Thursday, 30 June 2011

4.000 target UMW Toyota hybrid cars

UMW Toyota Motor Sdn Bhd aims to sell hybrid cars to 4,000 units this year compared to just 200 units last year.
Its president, Ismet Suki, said the 20-fold increase following the government's move to exempt import taxes and excise duties on cars involved until December 31, 2011 as announced in Budget 2011 by Prime Minister Datuk Seri Najib Razak, in October last year.
Consequently, the government hopes that the government extend the tax exemption to boost hybrid and electric car market locally. "UMW Toyota hopes the government will continue this initiative as it will encourage the development of green technology, thus helping to create a more sustainable automotive industry, especially in the context of car production environmentally friendly in line objective of making Malaysia a hub for green technologies, "he said after introducing the model Toyota Vios 1.5G Limited in Seri Kembangan yesterday. Ismet said so far, May this year, UMW Toyota has sold 980 units of hybrid cars which 800 units are model Prius, while 180 units Lexus CT200h. "Of the targeted 4,000 units sales this year, 2,500 units expected to be donated while the rest Lexus Prius model CT200h," he said. For the overall sales target of Toyota vehicles this year, he said he continues to maintain the original target of 90,000 units driven the total industry volume (TIV), which remained strong despite the global automotive sector is interrupted following the earthquake and tsunami that struck Japan last March. He said the Vios which contributes one-third of total Toyota sales of 94.000 units a year ago, is expected to be the largest contributor with a target of 30.000 units this year. "We have sold 12,000 units and is confident of achieving the target Vios 30,000 units through the introduction of Limited Vios 1.5G," he said. Meanwhile, the Vios 1.5G Limited, targeted to young people on the street is priced at RM89 including insurance begins, 600 per unit. Comes with a Metallic Silver color, Coal Black, White, Medium Silver Metallic, and new colors Deep Amethyst Mica Metallic, it will show the front of the more interesting with a new grille and Aerokit designed.

Wednesday, 29 June 2011

Improved financial performance Tradewinds

Tradewinds (M) Bhd, a related company which controls 60 percent of farm supply and 50 per cent of national sugar supply is expected to record a better financial performance this year. Its chairman, Datuk Syed Abdul Jabbar Shahabudin said the expectation is based on many factors, including increased productivity and price high crude palm oil, the forward purchase rice at competitive prices and projected increases in exports of sugar.

"Tradewinds will add three more palm oil processing plant involving an investment of RM120 million, with the first building in Kuala Suai, Miri, Sarawak this year.
"In addition to rice mill upgrade, we will also add two storage warehouses of sugar this year, which as a whole suggests 2011 as another good year to the Tradewinds," he said after the group's Annual General Meeting in Kuala Lumpur yesterday. Present managing director Bakry Hamzah and Tradewinds Plantation Bhd chief executive, Chan Seng Fatt. The group recorded its highest pre-tax profit amounted to RM825.546 million in the year ended December 31, 2010, compared to RM349.225 million in the previous year on the income of RM5.575 billion . Syed Abdul Jabbar, said the proposed acquisition of the entire interest in Mardec Ltd by Prisma Spectrum Sdn Bhd, a wholly owned subsidiary of Tradewinds Plantation, of the Semi Bayu Sdn Bhd, is expected to be finalized in the third quarter of this year and will start contributing to the group's net profit as early as the fourth quarter this year. He said, for a start Mardec expected to contribute about RM20 million to RM30 million net profit a year Tradewinds Plantations. Meanwhile, Bakry said they will focus better to improve the rice harvest this year in addition to receiving adequate security of supply from abroad, particularly from Vietnam and Thailand. of rice country, he said enough. Malaysia, he raised the country's rice reserves to 292,000 tons from 92.000 tons during the Asian financial crisis of the past. The amount is enough to cover an emergency supply for six months. Tradewinds in December last year took over 54 per cent stake in Padiberas Nasional Bhd (Bernas). The amount of rice sold BERNAS grow by 1.6 percent to 1.33 million tonnes last year, compared with 31.1 tonnes the previous year. Tradewinds is dominated by Tan Sri Syed Mokhtar Al-Bukhary recorded a profit before tax RM183.949 million in the first financial quarter ended March 31, 2011, increased 34.7 percent compared to RM136.537 million the same quarter the previous year. It is derived from income rose to RM1.461 billion from RM1.299 billion.

The share price of CPO rose RM1.48

Share prices of CPO Malaysia Holdings Bhd (MSM Holdings) jumped up 42 per cent to RM1.48 or RM4.98 per share on its maiden trading day at the Main Market of Bursa Malaysia, making it among the initial public offering (IPO) the best performance in terms of price increase in more than three years.
FELDA sugar business wing of shares of Global Ventures Holdings Sdn Bhd, which opened at RM4.45 per unit yesterday morning, up 95 cents or 27.14 per cent compared to the reference price of RM3.50 per share IPO price that is offered to institutional investors.
It then jumped to the highest level of RM4.98 by end of day the afternoon trading session and remained high before closing at RM4.89 per share, up RM1.39 or 39.71 per cent. CPO Holdings is also the most actively traded counters on Bursa Malaysia yesterday with a total of 101 million shares worth RM464 million transacted, thereby making it a market leader. Dealers said IPO premiums exceeding RM1 on the first day of trading is complicated witnessed in recent years and the last big jump when the premiums are re-listing of Sime Darby Bhd in November 2007 increased RM2.10 per share and Deleum Bhd in June 2007 with an increase of RM1.43 per unit. Meanwhile, the MSM Holdings chairman Tan Sri Mohd Isa Abdul Samad to review the developments, said a very pleased with the warm welcome given to the company's stock investors was. He said it was a good start and it shows investors are very confident of the prospects of the company. "This is a good start. We hope it will survive not only today but for next time, "he told reporters after the inaugural listing of the company in Kuala Lumpur yesterday. Also present were Director General of FELDA, Datuk Dzulkifli Abdul Wahab; Group President and Chief Executive of the Global Group FELDA Datuk Sabri Ahmad and President and Chief Executive of the MSM Holdings, Chua Say Sin. Mohd Isa, who is also Chairman of Felda said it will manage the business as possible to ensure the company's stock is getting the attention of investors. CPO Holdings IPO on Bursa Malaysia involves 255.64 million ordinary shares with 21.09 million shares allocated to institutional investors. Listing of the mo-dal generate RM796 million through the sale of 227.53 million shares to domestic and international institutional investors and RM95 million from the sale of 28.12 million shares to retail investors. Based on the offer price of RM3.50 per unit to institutional investors, capital markets MSM Holdings reached RM2.46 billion during the listing. On the FELDA schemes after listing MSM Holdings, Mohd Isa said, it depends on the time and specific strategies and instructions from Prime Minister Datuk Seri Najib Tun Razak, who is also responsible for the FELDA . He said Felda always ready to see some of his and his company has the potential to be listed on Bursa Malaysia. In addition, Mohd Isa said the Felda also received hundreds of business proposals from outside parties. "For the biomass alone, we received over 50 proposals, "he said. However, he said, it will examine first before deciding to venture into new business. Mohd Isa said, FELDA is also offered to develop thousands of hectares of land in other countries such as Papua New Guinea, Cambodia, Myanmar, Suriname, Sierra Leone and Indonesia. He said he is currently at the end of the study to reclaim about 20,000 hectares in Myanmar. He said, now has 853,000 Felda land in Malaysia.

Tuesday, 28 June 2011

World central bank wary of the financial crisis risks

BANK world's leading center issued a warning to investors to be willing to accept smaller profit margins due to actions of the bank refuses a loan fund in preparation to avoid another financial crisis. They are also advised banks around the world about the need to raise interest rates to ensure inflation under control.

Bank for International Settlements (BIS) said the new rules for banks saw their capital buffers increase gradually in order to provide returns that can be expected and smaller.
However, the BIS, the main organization to monitor other major central banks, said in its annual report that the bank managers and shareholders perform the modification, as expected. He said that interest rates may go up because of global monetary policy is needed in order to withstand strict inflation pressure and avoid the risk of financial stability. General Manager of the bank, Jaime Caruana, said the global financial crisis that occurred in 2008-2009 still haunt the world, but there are signs that the return of excessive risk-taking happen again. He warned that the threat of unsustainable public debt , commodity and energy prices are soaring and inflation is already threatening many countries. "Although encouraged investors to take risks is part of crisis management, but there is a possibility of some event, they will cross more than they should," he said. He said, the problem more fiscal appear on the European countries owe in large scale, such as Portugal, Greece and Ireland, the other major economies also need to carefully and quickly improve their position in order to avoid another global crisis. "I see a need to increase the monetary policy appropriate level, "he told reporters in Basel, Switzerland. Globally, short-term interest rates have shown a negative reading with sharply since last year. Raise interest rates to reasonable levels to reduce excessive risk-taking incentives and support necessary restructuring and adjustment in the balance sheet.

MAS proposes less fuel efficient cargo flight

malaysia Airlines (MAS) plans to reduce the load capacity of its flights on the third and fourth quarters of this year to reduce operating costs if the price of jet fuel continues to rise, said Managing Director and Chief executive officer Tengku Datuk Sri Azmil Zahruddin Raja Abdul Aziz said. "If we know note the tension in the Middle East and fuel prices go up, we may not increase flight capacity as before.

"One thing we will do is reduce a bit and could see more reduction in capacity in the third and fourth quarters of this year, compared to the second quarter.
"At current jet fuel prices, we can not increase flight capacity," he said after the annual general meeting (AGM), the national carrier in Kelana Jaya yesterday. 's first financial quarter and saw Airlines has increased its flight capacity by 11 percent compared to before. Tengku Azmil said, to reduce costs due to rising fuel prices, Malaysia Airlines hedge fuel prices jetnya 25 percent for this year, at U.S. $ 130. Meanwhile, the chairman Tan Sri Dr Munir Majid, who was asked in relation to a research note Maybank Investment Bank suggested that MAS be taken private, said they consider all the options and business as long as it benefits the group in the future. "What we can do is highlight the options available, but it is the right of shareholders to decide," he said. Khazanah Nasional Bhd is the largest shareholder controls about 69 per cent stake in MAS, while the Employees Provident Fund (EPF) was 11 percent. Maybank IB in a research note issued from the MAS proposed listing on Bursa Malaysia and instead consider a list of Firefly, MAS Engineering, MASkargo and well as terminal services. The research firm considers issuing from the list of Bursa Malaysia Airlines is not an unusual idea and instead enable MAS to get higher ratings when the intention was reinstated later. MAS recorded a net loss of RM242.339 million in the first financial quarter ended March 31 compared RM310.047 million net profit in the same quarter the previous year.

Monday, 27 June 2011

TOYOTA 3S open in Ayer Keroh

COMPANY Second Automobile Sdn Bhd (Perodua) will open a sales, service and spare parts (3S), in Malacca next month, said managing director Datuk Aminar Rashid Salleh. He said the company is finalizing the land deal with the state government to open the center in Ayer Keroh.

"The state government has previously offered land in Autocity, Malacca but because the place was still new, we think it does not correspond to our interests.

We chose the area near the Crocodile Farm, Ayer Keroh, as a hypermarket is expected to be built there. We are confident it can attract people, "he said at a media briefing in conjunction with the Eco-Challenge NISSAN 2011, Malacca, yesterday. He declined to state the construction cost is expected 3S end of next year's operations. Currently managing 16 TOYOTA 3S center in the country. In other developments, Aminar Rashid said the company would receive a warm welcome to the new version of the Myvi. "Up to June 24, we received roughly 12,000 Myvi reservations and expect the end of July, about 2.000 to 3.000 new Myvi will be on the road, "he said. Aminar Rashid explained, the tsunami in Japan affect its operations and cause delays in the new Myvi delivery to customers. However, he said the company maintains sales target of 195,000 units and the new Myvi is expected to contribute 50 percent of its sales.

Mercedes-Benz sales rose two-digit bay

MERCEDES-Benz Malaysia Sdn Bhd expects sales of the model circulation in the country will increase by double-digit this year compared to last year, due to better market environment during the quarter.
President and Chief Executive Officer, Roland S Folger, said for five months until May this year, sales of passenger vehicles segment model for increased 13 percent to 2.208 units, compared to 1.959 units for the same period last year.

For the commercial vehicle segment, he said, sales rose 21.9 percent to 78 units versus 64 units, while Mitsubishi Fuso truck is added 42.6 percent to 810 units from 568 units. "We are aiming to increase sales this year, driven higher demand for luxury passenger vehicles. With a waiting list of between three and six months depending on the model, it illustrates the strong demand for Mercedes-Benz vehicles this year, "he said. He was speaking at an exclusive interview after the 100 days leading Mercedes-Benz Malaysia since 1 March to replace Peter Honegg now undertake the task as a Managing Director and Chief Executive Officer of Mercedes-Benz India. Last year, Mercedes-Benz Malaysia recorded sales growth of 28.2 percent or 5.003 units of passenger vehicles segment, which recorded the highest achievements of the German vehicle manufacturers.

Sunday, 26 June 2011

Analysis: U.S. economy influences the performance of GDP

in recent years, external economic indicators have started to show a less favorable outlook.
Is the latest statistics from the United States (U.S.), which shows total employment in the plantation sector is not created, the user quite quickly which is 54.000 in May compared with 232,000 recorded during the previous month.
in adition the us unemployment rate also showed an increase of 0.1% to 9.1% in may.
.this fear is based on the fact that the U.S. is one of Malaysia's largest trading partner. In addition, the relationship between the U.S. and Malaysia for the growth of Gross Domestic Product ( GDP) remains high at 86.9 percent. It means that the performance of the GDP of both countries have a strong positive relationship. If, in the U.S. economy experienced a decline, likely our economy will move towards the same, and vice versa. This argument is supported on export growth electrical and electronic (E & E), which became the largest export countries contracted four per cent in April compared to the same month the previous year due to declining exports to the U.S.. Thus, it is very important for our country to ensure the internal or domestic economy will continue to generate economic activity as a stronghold resistance to the overall economic performance. However, there are some shortcomings that need to be solved in order to achieve the aspiration. For example, statistics on Construction Industry Development Board (CIDB) shows the number of priority projects in the first quarter of 2011 was 589, or a decrease of 64.5 per cent over the period the same period last year. Based on the breakdown by categories, sectors such as infrastructure, residential and non-residential contracted 70.5 percent, 66.5 percent and 63.1 percent from a year earlier. In addition, many government development expenditure related to infrastructure development is also decreasing 12 percent in the first quarter of 2011. As a result, output growth for the construction sector experienced a decline of 3.8 percent in the first quarter of 2011 compared to 5.6 per cent recorded during the fourth quarter of 2010. In addition, the delay in implementation of construction projects can also impact on the economy. academic studies have shown some delay in the implementation of the project and others, who do not carefully plan by the contractor, the construction of weak management, lack of experience, lack the financial resources, the problem of sub-contractors, shortage of raw materials and labor. In an effort to rationalize government subsidies , domestic demand, particularly private sector expenditure is also experiencing a period of adjustment thus increasing the risk of a slowdown in private spending. Should the issue be given attention by all parties to ensure the construction sector growth is not retarded and could be a catalyst for sustainability of the country. This is due to the network with other sectors such as manufacturing, financial and professional services. Through the multiplier effect, economic growth, particularly the domestic sector will be more robust if the smooth running of the contract can be increased to a level more efficient. - The writer is Economic Analyst at Malaysian Rating Corporation Bhd ( MARC)


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