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Nation

Penang to boost tourism sector reeling from SARS

The state government will soon launch a massive promotion to boost the tourism sector now reeling from the Severe Acute Respiratory Syndrome (SARS) crisis.

Nation

SARS spawns seven kinds of ‘detested’ folk

THERE are seven types of people who are 'most detested' following the Severe Acute Respiratory Syndrome (SARS) outbreak, according to an article in I>Sin Chew Daily/I>.

Business

Kulim Hi-Tech Park not hurt by slowdown

DESPITE the global economic slowdown, it is business as usual at Kulim Hi-Tech Park (KHTP) in Kedah, which has not experienced any adverse impact, while efforts are underway to attract new foreign investors.

Nation

Fong: Malaysia stable despite war and SARS

The rate of employee retrenchment between year 2001 and last year dropped by 30.6%, a total of 26,457 workers in 2002 compared to 38,116 the year before, said Datuk Dr Fong Chan Onn.

Business

Solectron to retrench 180 employees tomorrow

SOLECTRON Corp, a leading provider of electronics manufacturing and supply-chain management services, is retrenching 180 of its non-direct operational employees effective tomorrow.

Business

New Gamuda home scheme to hit RM150m sales

GAMUDA Land, the developer of Bandar Botanic, an integrated township 6km outside Klang, Selangor, expects to hit RM150mil in sales with its BBHOMES scheme.

Business

Airports reel under SARS attack

Airports in the country are reeling from the combined effects of the Severe Acute Respiratory Syndrome (SARS) and the Iraq war, with total income dropping by 60% in this month alone.

Business

Stiglitz: Don't count on US for recovery

Any countries counting on a post-Iraq revival in the US economy to help them out of their own slowdowns are probably in for disappointment, according to Nobel prize-winning economist Joseph Stiglitz.

Nation

Fong: SARS-hit sectors should not consider retrenchment

The SARS-hit service sector must not consider retrenchment as an option in dealing with the drop in business, Human Resources Minister Datuk Dr Fong Chan Onn said.

Business

SP Setia sees earnings uptrend

PROPERTY sales may be softening but SP Setia Bhd group managing director Datuk Liew Kee Sin is confident the group's massive 3,000-acre project, Bandar Setia Alam in the Klang Valley, will be a money churner for many years to come.