Treasure island

Article Abstract:

Hewlett-Packard Co. plans to invest $270 million in its businesses in Penang because labour costs are cheap, the workers are experienced, Penang is near to suppliers and there are no language problems. Other Southeast Asian regions are experiencing economic problems but Penang hopes to continue to attract foreign investors. Intel and Motorola are both planning to set up regional distribution centres in Penang. Komag is expanding its factory and Packard Bell-NEC opened an assembly and distribution centre in Penang rather than Singapore. Kuala Lumpur is also managing to attract foreign investors.

Multinational Corporations, Foreign operations, Economic aspects, Hewlett-Packard Co., HWP, Electronics industry, Southeast Asia, Penang, Malaysia (State)

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Prepare for flight: Singapore frets as Kuala Lumpur goes scripless

Article Abstract:

Singapore's brokers and major Malaysian stock holders are concerned about Kuala Lumpur's plans to convert completely to scripless trading, though most think the Clob will survive and that the conversion will take longer than planned. The change will make Clob International, an over-the-counter electronic exchange in Singapore, less competitive against the KLSE, and raises other complications. Already Clob's share of total Singapore trading has fallen, and its draw-down could throw many brokers out of work.

Securities & Commodities Exchanges, Financial Services, Finance and Insurance, Management, Cover Story, Malaysia, Kuala Lumpur Stock Exchange Bhd.

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Shaky haven

Article Abstract:

Amcol Holdings' dramatic collapse could drag down the Singapore stockmarket, especially other Indonesia-linked listings. Amcol's share price leapt from S$2.10 to S$4.64 in a year before 1995 results showed net profit plunging 52.5%. A public fight for control of the company followed, then, on July 25, 1996, the company was placed under judicial management. Wealthy Indonesians were apparently using Singapore as a shelter against political uncertainty, but are now likely to go elsewhere.

Securities Exchanges, Real Estate, Real Estate and Rental and Leasing, Foreign investments, International trade, Holding companies, Exchanges, Statistics, Singapore, Indonesia, Amcol Holdings Ltd.

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