Economic Overview Investments Retail's Corner

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Economic Overview Investments Retail's Corner Investments Economic Overview EON Bank opens its 129th branch SGL Carbon to invest up to RM900m… Key statistics Latest release Previous rate New Plant for Nissans Five new investors to open hub in… Quarterly GDP growth 5.8% (3Q2006) 6.2% (2Q2006)* ICT enterprises spurring demand for… Annual GDP growth 5.3% (2005) 7.1% (2004) Sabah palm oil cluster draws RM1 b Consumer Price Index (CPI) 3.1% (Sep-06) 3.3% (Sep-06) C&C Bintang invests in new Mazda… Penang will benefit from Multitest… Industrial Production Index (IPI) 133.4 (Oct-06) 136.0 (Sep-06) Saudi Aramco looks to Asia for… UOB to open five branches this week Base Lending Rate (BLR) 6.72% (Oct-06) 6.72% (Sep-06) Packeteer sets up Kuala Lumpur… Exchange rate: RM to US dollar RM3.618 (30/11) RM3.648 (31/10) Brooklands to set up Citroen service… Rotterdam boost for Malaysia's… Source: Department of Statistics Malaysia & Bank Negara Malaysia HSBC sees strong growth * Revised upward from 5.9% quoted previously StanChart in expansion drive Boost for local aerospace industry Malaysia’s Gross Domestic Products (GDP) expanded by 5.8%, driven by CIMB launches branch in Kota services, manufacturing and agriculture sectors as well as the external Jabat Yakin to raise funds for RM2b sector. Bank Negara Malaysia (BNM) expects the GDP for the full year of NLY to invest RM15 million on land… 2006 to exceed the official forecast of 5.8% due to accelerated Two biotech plants to start ops next… Government spending and stronger domestic demand. Weng Meng opening more doors… HeveaBoard aims to lower gearing… The international reserves of BNM amounted to RM294.9 billion or Kencana eyes niche platform… th Hammar plans to build service centre equivalent to USD80 billion as at 30 November 2006. The reserves Schutz: Malaysia an ideal hub position is sufficient to finance 8.2 months of retained imports and is 6 times the short term external debt. Water tariff in Selangor, Kuala Lumpur and Putrajaya has increased Retail’s corner st effective 1 November 2006. There will be no increase for the first 20 cubic MUI to buy 91% of Metrojaya metres used, 13% higher for the next 15 cubic metres and 17.6% more for New image for Petaling Street every cubic metres after 35 metre cubics. Although the increase will not Coffee boost in Cyberjaya have huge impact on domestic or commercial users, however, it does not Three more yoga outlets augur well for the country’s economy, which has been beleaguered by the PSB Prop building RM10mil complex high inflation rates. Tenants receive their keys A green surrounding for shoppers Despite a stronger opposing voice from China, Taiwan hopes Malaysia can Cheetah picks up the pace consider Taiwan as trading partner under the same framework that both Outlet sees to your needs in a… countries have established earlier. Due to political differences with China, it Tropicana Mall to provide steady… has been harder for Taiwan to sign trade agreements with many countries Delifrance plans two more hotel bistro in the world. Guardian to open 20 more outlets… Three years old and expanding US indicated that the third round talk of the US-Malaysian Free Trade Outlet in new US store concept Agreement (FTA) as productive and provided significant momentum for Subway expands to nine Cheetah ventures into ladies’… further progress towards concluding the agreement by next year. KFCH plans 16 outlets next year Malaysia confident of achieving 8%… Malaysia’s export growth slowed down in September to 10.4% (year on Bata steps up expansion, upgrade year) in relation to the 14.7% growth recorded a month earlier. The Nando's operator expects RM31m… September’s export is valued at RM52.63 billion. The reduction was mostly due to softening crude oil prices which had reduced demand for country’s shipment. JS Values Research & Consultancy Sdn Bhd 1 of 25 pages Know your neighbourhood Deputy Finance Minister Datuk Dr Awang Adek Hussin indicated that the Ministry of Finance has given approval to all projects planned under the High rates until flats get own meters 9MP. Under the 9MP, the Government plans to spend RM200 billion for No repairs pending investigation public development whilst RM46.5 billion will be spent on development Residents living in fear after landslide expenditure in 2007. Residents fume over dump in their… Drive for LRT service for south… The slowdown in industrial output growth in September, due to a 115 dengue cases in Kajang last… deceleration in production growth in the manufacturing and electricity IWK: Clogged pipes the cause of… sectors, was largely caused by weaker external demand, an economist Panel to champion cause of condo… Badly eroded slope behind SMK St… from RAM Consultancy Services Sdn Bhd said. The easing was sharper Streetlights for snatch theft-prone area than expected, with a less robust US economy affecting Malaysian exports, Plight of villagers on the move managing director and chief economist Yeah Kim Leng said The Residents want ministry’s help Department of Statistics yesterday reported that industrial output in Businesses taking over Bangsar… September rose 3.6% year-on-year, compared with the 5% increase Ipoh dessert hawkers get new sit recorded in August City Hall looks at solving congestion Drain upgrade to curb floods Datuk Seri Abdullah Ahmad Badawi will unveil the blueprint for the Fears over plan to build bungalows… Iskandar Development Region (Iskandar). The Prime Minister wants the Watery chaos area to be the cornerstone of Malaysia’s economic development and one Don’t wash your hands just yet… of the best areas in the world to work, live and play. Abdullah expects the End to water in sight for two areas 2,500 sq km zone to transform the state into a world-class business hub on Concern over security matters par with Hong Kong and Shenzen in China. Iskandar will stretch from Johor Parking system meets objections Bahru to Senai in the north, the Port of Tanjung Pelepas (PTP) in the west Worrisome workers’ quarters and Pasir Gudang in the east. Landslide affects 12 houses No sign off bluish liquid in river now Malaysia’s trade, which includes the wholesale, retail, hotel and restaurant Khir brings cheer to victims sectors, grew 6.3% in the first half of 2006. The growth was higher than the Landslide threat at Klang courts overall GDP growth of 5.7% amid fears of weakening consumer spending. Council says Kajang safe, but… Taking builders to task over flash… Groups gather to protest development The Consumer Price Index (CPI) for October rose 3.1% (y-o-y), the lowest Injunction set aside, authorities… in 15 months. For January to October 2006, the inflation rate rose 3.7% Investors grill Chief Minister year on year. The increase was brought about by jumps in the indices of all Residents uneasy over goings on at… main groups except clothing and footware as well as communications, Road collapses in landslide in Bukit... which dropped 1.3% and 1.4%, respectively. Desa Jaya folks air worries on crime… Developers in high-risk areas notified BNM left the Overnight Policy Rate (OPR) unchanged at 3.5%, against a Mayor: No project approved for Gasing backdrop of a moderating inflation rate and strong economic growth Torchlights for SS14/7’s patrollers outlook for the year. This was in line with the market expectations. Traders find new market a letdown No end in sight to motorists' woes Some positive signs after years of… Temple in danger of collapse Family's fears to be removed, finally Traders unhappy over barriers JS Values Research & Consultancy Sdn Bhd 2 of 25 pages INVESTMENTS EON Bank opens its 129th branch Top EON Bank group has opened its 129th branch at Ampang Point, Ampang. The branch was officially opened by group chief executive officer Albert Lau Yiong on Sept 18. (The Star-3rd November 2006) SGL Carbon to invest up to RM900 million in Malaysia factory Top Germany-based SGL Carbon, the world’s leading maker of carbon and graphite products, intends to shift some of its production from Europe to Malaysia to tap growing demand from the steel industry in Asia for graphite electrodes. SGL Carbon anticipates a total investment of between €150 million and €200 million (RM700 million and RM934 million) for its project in Banting over the next six years. The initial phase of the project, which will involve a €50 million (RM234 million) investment, will be a 30,000-tonne graphite electronic plant. Production is expected to begin in late 2008. (New Straits Times-3rd November 2006) New Plant for Nissans Top Come the second quarter of next year, Nissan cars would be rolling off Edaran Tan Chong Motor Sdn Bhd’s new assembly plant in Serendah, Selangor. The new plant, costing around RM191 million, would begin operations then with a single shift production capacity of 14,000 units of vehicles per annum and assemble two new models. It has maximum production capacity of RM54,000 units per annum, much bigger than Edaran Tan Chong’s existing plant in Segambut which assembles between 30,000 and 33,000 vehicles a year. (New Straits Times-5th November 2006) Five new investors to open hub in PKFZ Top Five investors have expressed strong interest to set up their business hubs at the 28.3 ha site of the Port Klang Free Zone (PKFZ) that was opened for business last Wednesday. According to PKFZ managing director Noel Gulliver the five organisations were from the logistics and value-adding sectors. “Apart from that, there will be another ten investors who have made inquiries to take up a total of 14 units at the light industrial section while four others were interested to occupy the office space at the business complex.
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