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Business 11 Apr 2003 | 12:00 AM

Vehicle sales, distribution new core business of Transwater

THE proposed corporate restructuring of Transwater Corp Bhd would see the injection of a new core business into the Transwater group, which would involve the sales and distribution of Hyundai/ Inokom passenger vehicles and light commercial vehicles in Malaysia.

Business 07 Apr 2003 | 12:00 AM

South Korea: an inspiring story

SOUTH Korea#039;s incredible growth and integration into the modern world economy over the past 30 years is an inspiring story to the developing world.

Business 05 Apr 2003 | 12:00 AM

EON gets a new deal

THE tortuous negotiations between Edaran Otomobil Nasional Bhd (EON) and Perusahaan Otomobil Nasional Bhd (Proton) that began three years ago and led to an impasse tells us one thing about the nature of the corporate environment.

Business 05 Apr 2003 | 12:00 AM

The Week Ahead

Some business events in the week ahead

Business 28 Mar 2003 | 12:00 AM

Prudential to buy Hyundai units

Prudential Financial Inc has agreed to buy an 80% stake in Hyundai Group#8217;s ailing money management operations for US$400mil, strengthening the US No. 2 life insurer#8217;s foothold in South Korea.

Business 22 Mar 2003 | 12:00 AM

February car sales down sharply

VEHICLE sales in February fell substantially due to the short working month and lower sales of national cars, according to the Malaysian Automotive Association (MAA).

Business 18 Mar 2003 | 12:00 AM

Kah to set up more branches

KAH Bintang Auto Sdn Bhd, a subsidiary of Oriental Holdings Bhd, which is the franchise holder of the Hyundai cars in Malaysia, will open three to four new sales branches in the country within the next two years.

Business 16 Mar 2003 | 12:00 AM

Ready to cut bank rates in case of war

Countries from India to Australia may have to cut interest rates and raise government spending to buffer their economies from a decline in trade and consumer spending that#8217;s likely to result from a war in Iraq, investors say.

Business 13 Mar 2003 | 12:00 AM

S. Korea sees wider accounting probe

South Korean regulators yesterday pressed for an investigation of shipping firm Hyundai Merchant Marine Co Ltd, sending new shockwaves through markets a day after prosecutors arrested 10 executives of conglomerate SK Group in a US$1.2bil accounting scandal.

AseanPlus News 10 Mar 2003 | 12:00 AM

Global CEOs to discuss business plans in Shanghai

MORE than 350 officials from economic, financial and commercial circles all over the world will meet in Shanghai from Sept 16 to 18 to attend the 2003 Forbes Global CEO Conference.