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Business 22 Mar 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including that United Food sees double-digit growth

Business 21 Mar 2003 | 12:00 AM

More Mid-East investments

WITH the start of the Iraqi conflict, the point has been raised in some business circles whether this would lead eventually to a diversion of Middle East investments to this country, since Malaysia is deemed to have many advantages and seen as a friendly Islamic nation.

Business 21 Mar 2003 | 12:00 AM

Affin Bank launches new telephone banking service

AFFIN Bank Bhd has launched a new service, AffinReach, which incorporates telephone banking and a call centre for its customers.

Business 21 Mar 2003 | 12:00 AM

AirAsia expects fuel price hike

AIRASIA Sdn Bhd chief financial officer Raja Mohd Azmi Raja Razali said the war would cause a surge in price of aviation fuel (at the initial stage of the war), which would increase the airline's operational cost but this should slowly come down to a more acceptable price once the war is over.

Business 12 Mar 2003 | 12:00 AM

MAS eyes RM75mil profit from promo ticket sales

MALAYSIA Airlines (MAS) is targeting a profit of between RM50mil and RM75mil from ticket sales during the three-day promotion on airfares at the Matta International Travel Fair this weekend, its regional assistant general manager, Malaysia and Asean, Datuk Rashid Khan said.

Business 10 Mar 2003 | 12:00 AM

Resort adds 5-star facilities

LANGKAWI Lagoon Resort will be expanding its facilities to offer more five-star amenities, including a spa and retail shops over the sea, to position itself as the premier resort in Langkawi.

Business 01 Mar 2003 | 12:00 AM

Genting and Resorts World 2002 profits soar

GENTING Bhd and Resorts World Bhd reported huge increases in profit for 2002 financial year from a year ago, but saw profit in the fourth quarter dragged down by losses from Star Cruises Ltd and write-down of investment and assets.

Business 27 Feb 2003 | 12:00 AM

HP first-quarter earnings beat expectations

B>SAN JOSE/B>: Computer and printer maker Hewlett-Packard Co (HP) has posted better-than-expected first-quarter earnings, spurred by cost savings from its merger with Compaq Computer Corp and improved demand for PCs during the holidays.

Business 27 Feb 2003 | 12:00 AM

43% growth for motor vehicle sales in January

TOTAL motor vehicle sales in the country rose 43% to 39,696 units in January from December, but showed barely any growth when compared with the same month last year, according to data released by the Malaysian Automotive Association (MAA) yesterday.

Business 22 Feb 2003 | 12:00 AM

KFC Holdings Bhd -  Consensus net profit estimate FY12/03:RM61m

KFC HOLDINGS (Malaysia) Bhd made a net profit of RM61.35 million for financial year ended Dec 31 2002 on the back of a RM1.25 billion turnover.