A promising year lies ahead


  • Business Premium
  • Thursday, 02 Jan 2003

Rebuilding the brand name again – that's the top priority for Datuk Ramli Abbas, group CEO of Celcom (M) Bhd. 

Although the growth of cellular phones in Malaysia will still be very strong in the next five years, Ramli faces the difficult task of regaining the number one spot in the cellular business for Celcom. Although Celcom was Malaysia's first mobile operator and had the first mover advantage, poor management in recent years has allowed rival Maxis to overtake and stretch its lead. 

Ramli comes to Celcom with strong credentials, having built up the Motorola business in Malaysia. 

For Rainer Althoff, CEO and president of Siemens Malaysia, the German industrial conglomerate remains very much a leader in its various fields in Malaysia. 

Althoff believes Siemens and its various business units – energy, transport, telecommunications and healthcare – are well positioned to take advantage of an economic recovery. 

An electrical engineer, Althoff has spent most of his career with Siemens and has been in his current job for the past four years. 

For Noorazam Aziz, director-general of the Labuan Offshore Financial Services Authority, 2002 has been a stellar year and 2003 looks equally promising.  

Given the rise of terrorism and the hunt for terrorists' financial networks, tax havens like Lofsa will come under increasing pressure from foreign governments and international regulatory authorities to provide more disclosure. 

Noorazam's good work has not gone unnoticed, and he may soon be rewarded. 

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