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Business 16 Apr 2003 | 12:00 AM

Petronas boss for top Iraq oil job?

PETROLIAM Nasional Bhd (Petronas) president and chief executive officer Tan Sri Mohd Hassan Marican has been identified by two leading British newspapers as a possible candidate for appointment by the US administration to help manage Iraq's oil industry in the post-Saddam Hussein era.

Business 29 Apr 2003 | 12:00 AM

MNRB takaful sector to begin ops in July

MALAYSIAN National Reinsurance Bhd (MNRB) expects its 100%-owned subsidiary Takaful Ikhlas Sdn Bhd to begin operations in the takaful reinsurance sector in July, said its chief executive officer and managing director Anuar Mohd Hassan.

Business 02 May 2003 | 12:00 AM

Hong Leong to bank on Islamic ops

HONG Leong Bank Bhd expects its Islamic banking operations to chalk up a higher contribution to the group#039;s total earnings for the year ending June 30, 2003, in view of the rising demand for its syariah-based products.

Business 16 May 2003 | 12:00 AM

It’s crucial to raise productivity

Lately, Malaysia has become very concerned about its capability to compete globally. Our past advantages #150; whatever they may have been #150; are in doubt.

Business 19 May 2003 | 12:00 AM

HSBC Malaysia regional hub for Islamic financing

INTERNATIONAL banking group HSBC is strategically positioning its unit HSBC Bank Malaysia Bhd to be its Islamic financial business hub for the South-East Asian region, HSBC Bank Malaysia deputy chairman and chief executive officer Zarir J. Cama told I>StarBiz/I>.

Business 23 May 2003 | 12:00 AM

Bank Islam to open four new branches

BANK Islam (M) Bhd will be opening four new branches this year - three in Kuala Lumpur and one in Pontian, Johor - increasing the number of its outlets to 87 from 83.

Business 25 May 2003 | 12:00 AM

Venture into food and beverage sector, SMIs told

Small and medium industries (SMIs) should venture into the food and beverage (FB) sector, especially in the halal food segment, SMI Association president Looi Teong Chye said.

Business 27 May 2003 | 12:00 AM

Commerce Trust expects new syariah fund to hit RM100m by year-end

COMMERCE Trust Sdn Bhd expects its newly launched I>syariah /I>compliant fund called Lifetime Dana Barakah to bring total funds under its Islamic-based unit trust schemes to close to RM100mil by end of this year.

Business 27 May 2003 | 12:00 AM

SMIs urged to go into FB sector

SMALL-and medium-scale industries (SMIs) should venture into the food and beverage (Famp;B) sector, especially in the I>halal/Ifood segment, SMI Association president Looi Teong Chye said.

Business 28 May 2003 | 12:00 AM

Syariah unit trusts offer good returns too, says CEO

SYARIAH funds should not be sidelined and perceived by investors as generating lower returns than conventional unit trust funds which are mainly equity-based, according to Pacific Mutual Fund Bhd chief executive officer Michael Auyeung.