Analysts say Jaya Tiasa has investment allure

Article Abstract:

Jaya Tiasa Holdings of Sarawak, Malaysia, a timber company, is expected to stay an appealing investment target despite the hairy performance of the currency market. Its strength as a stock asset is due to the fact that US dollars are used to price its products that basically target the Chinese and Japanese export markets. The company will generate 178.5 million ringgits or $53.9 million in net profits for a 27% gain from the earlier period for the year closing April 30,1997, according to Sarawak Securities' Hudson Teh.

Offices of Bank Holding Companies, Bank holding companies, Investment Holding Companies, Timber tracts, Standing Timber, Timber Tract Operations, Management, Investment companies, Malaysia, Jaya Tiasa Holdings

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Asian currencies slide on doubts over recoveries

Article Abstract:

Currencies in Southeast Asian nations continue to decline as investors become doubtful whether these nations will recover from the currency crisis. Malaysia Prime Minister Mahathir Mohamad's threats to prohibit currency trading affect its relationship with the Philippines and Thailand. Malaysia's ringgit has declined against the dollar by 4.5% hours after his speech. Other factors contributing to the crisis include the increasing inflation and weak banking systems in the region.

Exchange Rates, Southeast Asia

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The tortoise among tigers, the Philippines advances

Article Abstract:

The economic condition of the Philippines remains strong compared to its other Asian neighbors in the face of currency crisis that continues to affect the entire region. The relatively better economic condition of the country is being attributed to its moderate economic growth unlike Indonesia, Malaysia and Thailand, which are experiencing economic overheating due to rapid economic growth over the last decade.

Gross National Product, Asia, Philippines

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