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From CONCERNED INVESTOR of Kuala Lumpur.
MALAYSIA Airlines (MAS) is planning to purchase 39 new jetliners under an estimated US$1bil plan to replace nearly half of its fleet, a company executive said.
In a move to raise revenue, Kelantan will approach the Federal Government for approval to extract logs from areas more than 1,000m above sea level.
SUNWAY Holdings Inc Bhd's wholly owned unit, SunBlock Sdn Bhd, a manufacturer of concrete pavers and concrete slabs, expects its turnover to increase to RM40mil this year from RM30mil previously, said executive director Danny Ng.
BUDGET 2005 involves an intricate task. In his maiden budget presentation, Prime Minister Datuk Seri Abdullah Ahmad Badawi, who is also Finance Minister, will seek to balance pressure from two opposing directions: to reduce the budget deficit and increase incentives to spur other economic activities.
MALAYSIA Airlines Cargo Sdn Bhd's (MASkargo) network expansion drive is expected to increase revenue by more than 20%, said Malaysia Airlines senior general manager (cargo) J. J Ong.
By SEAH CHIANG NEE.
TODAY'S budget, to be tabled by Prime Minister Datuk Seri Dr Mahathir Mohamad, is significant in more ways than one.
AS WITH most people, we do have a long wish list as far as Budget 2004 is concerned. Realistically though, we would have to balance our expectations against various considerations, says Tan Beng Ling, Surf88 CEO.
IT#039;S the time of year when most of us turn our attention to the budget.