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All must gear up for role in Proton vision
To set the stage for Proton to join the big boys in the motor vehicle industry, the government and vendors must share its visionAxiata to place out up to 20pc of XL
Axiata Group Bhd (6888) plans to offer up to 20 per cent equity interest in its 86.5 per cent-owned subsidiary, PT XL Axiata Tbk, via an international offering.RBS: Buy ringgit against won, yen
The bank recommends entering a three-month forward contract to sell the won at 339.36 per ringgit and the yen at 26.74 per ringgit
- INDUSTRIES
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AUTO/TRANSPORT
S-Class to help drive Mercedes-Benz sales
MERCEDES-BENZ Malaysia Sdn Bhd sold 355 passenger cars last month, putting it on track to sell around 4,000 units this year.
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BANKING/FINANCE
Quek sets stage for more bank deals
Malaysian billionaire Quek Leng Chan’s latest gamble to gobble up one of the country’s smallest banks could set the stage for a new round of dealmaking in the banking sector.
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BIZFOCUS
Is economic terrorism a threat to SE Asia?
The overwhelming evidence from militant attacks over recent decades is that the impact is almost always temporary
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BRANDING
'Brand building is about delivering on a promise'
Building a brand is not about spending on advertisement, but about delivering product promises to customers, says a branding council executive.
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BROKERS/VIEW
DiGi.Com: Neutral, target price RM23.10
OSK Research has maintained its "neutral" call on DiGi.Com Bhd (6947), eventhough the company has signed a deal to sell Apple Inc's iPhone in the country.
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COMMODITIES
Palm oil exports likely to rise
Malaysia's palm oil exports in 2010 are expected to surpass last year's RM49.5 billion, given the higher average prices of crude palm oil (CPO).
- Palm oil narrows price gap with rival soyaoil
- Agronomist: Revive cocoa planting industry in Sabah
- Top rubber producers won't intervene over prices
- Malaysia mulls perks for palm oil millers to be green IPPs
- Malaysia's commodity export earnings likely to fall
- Natural rubber prices on the march, may surpass RM10 mark
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FRANCHISING
Chaswood seeks franchisees to expand Teh Tarik Place
It was the passion of sipping teh tarik that got two friends to start a new style of mamak restaurants around the Klang Valley three years ago.
- LOOKING AHEAD TO 2010: Players have high hopes for govt support
- Franchise industry remains resilient
- Bumi travel agency launches franchise,seeks participants
- Naza aims to be franchisee for more automotive brands
- Naza Tutti Frutti expects fruitful growth in first year
- Grandpolitan plans more Tony Roma outlets in Asia
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INSURANCE
Prudential's premium growth driver
Prudential Assurance Malaysia Bhd (PAMB) expects its latest protection plan called "PRUmy child" to boost its education insurance segment to contribute between 15 to 20 per cent to overall new business this year .
- AXA Affin: BH Insurance to boost ranking
- Prudential sees big potentiaI in untapped Bumi mart
- AXA Affin charts strategy to boost market share by fivefold
- Manulife to launch up to 10 unit trust funds this year
- Takaful Ikhlas expects non-motor business to grow 52pc this year
- Insurance industry on growth track
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LOGISTICS
Maersk aims to sail into 'modest' profit
COPENHAGEN: Danish shipping and oil group AP Moller-Maersk said it would return to a "modest" profit in 2010 after weak global trade knocked freight rates and dragged it to a deeper loss than expected for 2009.
- Westports expects to handle more than 5m TEUs this year
- PKA won't extend grace period for enforcement of new rules
- Fitch: Asian shipping firms face challenges
- SATS expects Senai Airport traffic to grow significantly
- Tanjung Manis Port to become gateway for central Sarawak
- Penang Port sets course towards higher productivity
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PROPERTY
Idea House expected to use GE tech, says Sime
Sime Darby Property Bhd, the property arm of Sime Darby Bhd, is expected to sign a partnership agreement with General Electric Co within the next two to three weeks to deploy its sustainable products and technology for the Idea House project in Shah Alam, Selangor.
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RETAILING
London's Rodial finds Perfect Malaysian partner
London-based international skincare expert Rodial Ltd plans to expand its presence in Asia and increase regional share by venturing into the Malaysian market.
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SMEs
Google Analytics boost for SMEs in Malaysia
Google Inc, developer of the award-winning search engine, is providing Malaysian small and medium enterprises (SMEs) a simple and flexible analytical tool to strengthen their online marketing and business.
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AUTO/TRANSPORT
- IPOWATCH
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China’s K-Star gets nod for Bursa listing
K-Star Sports Ltd, a sports shoe maker from China, has received the green light to float its shares on Bursa Malaysia's Main Market.
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