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Business 04 Dec 2003 | 12:00 AM

News in brief

Nation 29 Nov 2003 | 12:00 AM

Firm to promote investment in Tamil Nadu

Tamil Nadu Industrial Development Corporation (Tidco) has commissioned 71 joint-venture projects with foreign and local companies covering a wide range of areas.

Business 24 Nov 2003 | 12:00 AM

From bicycles to award winning cars

Kia Motors Corp, South Korea's oldest automaker, was founded in 1944 as Kyungsung Precision Industry, which made bicycle parts by hand. Today it is one of the most recognisable car makers in the world.

Business 24 Nov 2003 | 12:00 AM

Hyundai’s goal to be top five in the world

It will be no easy task for the Hyundai Automotive Group, which owns Kia Motors Corp, to achieve its plan of becoming the world's top five automaker by 2010. Elaine Ang reports from Seoul.

Business 15 Nov 2003 | 12:00 AM

For the record

IN our Nov 10 story on United Engineers (M) Bhd, we featured a picture of the Penang Bridge with the caption it was built by UEM.

Business 13 Nov 2003 | 12:00 AM

Kia Motors Q3 net profit rises 25%

Kia Motors Corp, South Korea's second largest vehicle maker, reported a 25% rise in quarterly earnings yesterday, buoyed by brisk sales of its pricey recreational models and smaller warranty provisions.

Business 12 Nov 2003 | 12:00 AM

Hyundai surprises with earnings rise

Hyundai Motor Co, South Korea's top vehicle maker, reported a surprise 1.7% rise in quarterly net profit, thanks to a lower tax burden and smaller losses at its financial units.

Business 11 Nov 2003 | 12:00 AM

News in brief

News briefs on MTD Capital, Country Heights, Tanah Emas, Temasek Holdings, Panglobal, APL, Texchem and Hyundai-Berjaya.

Business 11 Nov 2003 | 12:00 AM

Surprise drop in Hyundai Heavy third quarter net

Hyundai Heavy Industries Co, the world's largest shipbuilder, has reported a surprise 85% fall in quarterly earnings due to sluggish performance in non-core operations.

Business 11 Nov 2003 | 12:00 AM

Hyundai Motor reports 19-percent drop in sales in third quarter

Hyundai Motor Co., South Korea's largest automaker, said Tuesday its third-quarter sales dropped 19.1 percent to 5 trillion won (US$4.3 billion), suffering from weak domestic sales and a seven-week strike that disrupted operations until early August.