Proton's privileged status gives its shares a head start

Article Abstract:

Malaysia's national car producer, Perusahaan Otomobil Nasional Bhd. (Proton), is seen as a good short-term stock investment due to perks provided to it by the government in the form of tax breaks which makes its cars competitive. The viability of long-term investment in the company's stock is still open to speculation given that the company's products have not fully penetrated the international market. Proton is projected to earn net profits of $228.2 million for 1996, more than double its earnings in 1995. Proton has a current capacity of 180,000 units annually which will be increased to 500,000 units.

Motor Vehicles & Parts, Transportation Equipment Manufacturing, Motor Vehicles and Equipment, Automobile industry, Securities, Perusahaan Otomobil Nasional Bhd.

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'The Asean Way' gets black eye in Malaysia

Article Abstract:

An otherwise peaceful conference in Malaysia on East Timor's bid for independence from Indonesia was marred by a demonstration, led by the youth wing of the nation's ruling coalition government. Some 46 participants from 11 countries were deported and 59 were detained while only seven members of the demonstration were rounded up. Although the deportations and mass arrests are human rights violations, Malaysia claims that it opposed the conference due to its Asean membership. Based on the Asean Way, fellow members, as Indonesia is, must be protected in the name of brotherhood.

International Affairs, Regional Trade Groups, Social policy, Political aspects, Indonesia, East Timor, Association of Southeast Asian Nations, Indonesian foreign relations, Malaysian foreign relations

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Thailand still offers comfort to Khmer Rouge

Article Abstract:

The Thailand government officially supports the legitimate government of Cambodia. However, it has also chosen to continue its collaboration with the Khmer Rouge. Thai companies and entrepreneurs continue to pay the guerilla group for the privilege of cutting timber or mining for rubies without interference from the government. Many foreign states have urged Thailand to make an earnest effort to isolate the Khmer Rouge but trade at the border continues.

Thailand, International relations, Thai foreign relations, Cambodia, Cambodian foreign relations, Khmer Rouge

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