Tuesday, May 8, 2012

News Bits | 8 May 2012

Reports
§  Newz Bits [download report]

Malaysian news
§  Bumi Armada: Bags US$65m job
§  RHB Cap: Home financing to drive retail loan growth
§  UMW: JV unit UMW Toyota opens body and paint centre in Bukit Raja
§  MMC Corp: Plan for KTMB on track
§  MMC Corp: Hopes to start MRT job by January
§  MPHB: AA Anthony in MBO talks
§  TSM Global: Takeover price at RM1.25 per share
§  Automotive: Contribution to GDP at 6-8% by 2020
§  Automotive: Perodua to invest RM1.2bn over the next 3 years
§  Aviation: AirAsia, MAS seek intensive ties
§  Building Materials: Malaysian timber exports expected to rise 5% this year
§  Property: MRB eyes RM1.5bn project

Global news
§  US: Consumer credit increases by most in over 10 years
§  Europe: Greek Government Mandate to Pass to Syriza as Samaras Fails
§  Europe: German manufacturing orders increase more than forecast
§  Europe: ECB financing to Portuguese banks declined in April
§  Indonesia: Growth eases to 6.3% in Indonesia


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