Oil above US$42 in Asia Thursday

February 26th, 2009

Oil prices inched higher above $42 a barrel Thursday in Asia as a lower-than-expected U.S. crude inventory increase sparked investor optimism that the collapse in demand may be slowing.

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Small Q4 growth seen in Malaysia

February 26th, 2009

The Malaysian economy for the fourth quarter last year is expected to at best post a small growth but economists will be watching for tell-tale signs on how fast conditions have deteriorated.

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M’sia Government decision on seven tolled roads soon

February 26th, 2009

The Malaysian Government is expected to make a decision on road toll rates soon, possibly before the end of this week, as it owes compensation to the concessionaires for at least two months and more will be owed without a decision.

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