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.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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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.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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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.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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