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Sunday, 16 August 2009
Kenanga Today - 17 Aug 2009
Corporate News
· Incentive for airlines
· Ideal Property to launch RM1.1bil project in Penang
· Banks ready to implement new framework by January 2010
· Mayland to expand retail mall business
· Hartalega 1Q net profit doubles to RM26m
· Sunrise posts RM43.15m net profit in 4Q
· Hap Seng's acquisition of Menara Citibank at RM235m
Foreign News
· Porsche buy launches VW drive for world domination
· $25bn Colonial Bank closed down by US regulators
· Doha deal could boost world GDP US$300b-US$700b
· China Merchants plans rights issue
· 1,200 new cars hit Beijing every day: state media
· China to start cutting carbon emissions in 2050: FT
· Japan's big businesses expect recovery by mid-2010
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