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Business 12 Nov 2003 | 12:00 AM

Samsung Malaysia sees 2003 sales hitting RM1bil

SAMSUNG Malaysia Electronics Sdn Bhd hopes to achieve sales of US$270mil or more than RM1bil this year, its managing director Kim Jeong-Wook said yesterday.

Business 12 Nov 2003 | 12:00 AM

News in brief

Business 13 Nov 2003 | 12:00 AM

Singapore media industry set for rationalisation

The Singapore government said yesterday the city-state's two main media companies, currently haemorrhaging losses due to increased competition and a sluggish local economy, could close unprofitable operations.

Business 22 Nov 2003 | 12:00 AM

SPH sells property

Singapore Press Holdings Ltd has sold for S$118.9mil the 10,485-sq-m site on which the former headquarters of its 158-year-old English daily, I>The Straits Times/I>, stands. The buyer is Marco Polo Developments Ltd, a mid-sized property developer controlled by Hong Kong's Wheelock and Co Ltd.

Business 22 Nov 2003 | 12:00 AM

Survey: Jobs growth to hit 6% next year

MALAYSIA is expected to register a 6% growth in employment next year, a survey by Multimedia Development Corp (MDC) unit Knowledge Worker Exchange Sdn Bhd (KWX) showed.

Business 28 Nov 2003 | 12:00 AM

American IT giants may move 200,000 jobs overseas

US technology services giants such as IBM could move as many as 200,000 engineering jobs annually overseas in the next decade as they trim white-collar workforces in the United States, according to industry groups and economists.

Business 29 Nov 2003 | 12:00 AM

UEM Group rediscovers its touch

WHEN one talks about brands, names such as I>Lux/I>, I>Colgate/I>, I>St Michaels/I>, I>Maxis/I>, and even I>National/Icome to mind. Very rarely would someone think of UEM or Renong as a brand.

Business 05 Dec 2003 | 12:00 AM

Energy efficient motor pact signed

Eight companies from the electric motor manufacturing, supply and import industries in Malaysia signed yesterday an agreement to certify and facilitate local production of high efficiency and energy efficient electric motors.

Business 06 Dec 2003 | 12:00 AM

CIMB launches online trade facility

CIMB Bhd has launched an online trading facility for its share margin financing customers to help them take advantage of the current positive market sentiment.

Business 08 Dec 2003 | 12:00 AM

Denmark proves setting up shop in far east a success

DENMARK, a European country renowned for centuries for maritime trading, has certainly proved that it can set sail and set up shop successfully as far east as Malaysia.