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Business 02 Jul 2003 | 12:00 AM

Strong rally by world markets in first half of 2003

WORLD stock markets recorded a strong rebound in the first half of the year despite earlier concerns about the fallout of from war in Iraq and the Severe Acute Respiratory Syndrome (SARS) outbreak.

Business 10 Jul 2003 | 12:00 AM

Supercomal: Cable sales to rise 5%-10%

SUPERCOMAL Technologies Bhd expects sales of Category 3 and 6 cables, which are used for high-speed transmission of data, audio and visual information, to increase by 5% to 10% each month, said group non-executive chairman Datuk Mohamad Supradi Md Noor.

Business 10 Jul 2003 | 12:00 AM

Berjaya Sports Toto expects better performance

BERJAYA Sports Toto Bhd expects a better showing in the current year ending April 30, 2004, following the award of higher payouts for the first prize in its four-digit draws.

Business 10 Jul 2003 | 12:00 AM

On the move

ALCATEL Network Systems (M) Sdn Bhd has appointed B>Datuk Dr Norraesah Mohamad/Bits chairman. The appointment is its first such since the company's incorporation in 1992.

Business 11 Jul 2003 | 12:00 AM

PJSB to produce double-walled storage tanks for the oil and gas sector

PEMBINAAN Jayabumi (Sarawak) Berhad (PJSB), scheduled to list on the KLSE second board on Aug 14, is introducing in the fourth quarter double-walled underground petroleum storage tanks to enlarge its market share in the oil and gas sector.

Business 11 Jul 2003 | 12:00 AM

S. Korea enters recession

Grappling with its first recession since the 1997/98 Asian financial crisis, South Korea cut interest rates to a record low of 3.75% yesterday and slashed its growth forecast for the year.

Business 11 Jul 2003 | 12:00 AM

Sunway Medical Centre expects to break even this year

SUNWAY Medical Centre Bhd, a unit of the Sunway group, is optimistic of breaking even later this year after operating for just over three years and incurring an investment of RM100mil.

Business 11 Jul 2003 | 12:00 AM

China bouncing back from SARS impact

China's economy is bouncing back strongly from the impact of the Severe Acute Respiratory Syndrome (SARS) outbreak, with exports and factory output surging in June from a year ago, as production of passenger cars jumped almost 83%.

Business 11 Jul 2003 | 12:00 AM

S’pore economy in deep contraction

The city-state eased monetary policy yesterday after the economy suffered its worst-ever contraction in the June quarter, but factories and consumer spending are bouncing back, the government said.

Business 11 Jul 2003 | 12:00 AM

Health Solutions to ride on 20% growth of the industry

HEALTH Solutions (South East Asia) Sdn Bhd aims to achieve more than RM30mil in revenue this year compared with over RM20mil last year.