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Business 17 Feb 2011 | 12:00 AM

Egypt bank closures add strain on economy

CAIRO (AP) - The closure of Egypt's banks for two of the past three weeks has added strain on an economy already reeling from the evaporation of tourism and a prolonged stock market closure caused by the political upheaval that ousted longtime leader Hosni Mubarak.

Business 19 Dec 2007 | 12:00 AM

Hiap Teck looks abroad for 50% revenue

Hiap Teck Venture Bhd expects its overseas operations to contribute 50% to total revenue by the financial year ending July 31, 2009, from about 30% now.