Low-end builders favored

Article Abstract:

Real estate stock prices in Malaysia has recovered in the 4th qtr of 1998 after suffering a sharp decline in the summer. This boost was supported by government incentives which offered price discounts, financing of up to 95% of a property's cost and reduced interest rates for buyers. Buyers are coming in droves for the residential segment of the industry. The industrial and commercial sectors failed to get buyers' attention. As such, industry analysts are advising a shift in building priorities for real estate developers. More should concentrate on the low-end residential market.

Land Subdivision and Land Development, Residential Buildings, Residential Building Construction, Subdividers & Developers, Residential construction, Finance, Real estate industry, Malaysia, House buying, Home buying

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Delayed Ramayana IPO is called worth the wait

Article Abstract:

Indonesia-based retail chain Ramayana Lestari Sentosa is set to offer its shares to the public. The company's plan for an initial public offering had earlier been delayed after a tragic Mar. 28, 1996, fire in one of its stores killed 10 people. Analysts believe that Ramayana's sound financial position and its dominance of the low-end segment of the consumer market will be the company's main selling points. The bright outlook of Indonesian retail stocks is another factor that could attract investors to snap up Ramayana shares.

Department Stores, Department Store Chains, Retail industry, Retail trade, Indonesia, Ramayana Lestari Sentosa

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Wariness of stocks remains: analysts say it's too soon to buy indebted firms

Article Abstract:

Most global investors say it is still premature to consider acquiring the stocks of greatly-indebted companies in Thailand, Korea and Singapore, eventhough the three countries were successful in slashing interest rates without diminishing their currencies. Many investors are considering playing the falling-rate approach. The interest rate drops will strengthen economic activity and allay the onus of debt-stricken companies.

Commodities Purchasing, Purchasing, Evaluation, Economic aspects, Thailand, Singapore, Business enterprises, Korea, Commodities

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