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Business 17 Mar 2003 | 12:00 AM

BMW targets Asia as focal point

LIKE other global carmakers, BMW Group realised the fact that the Asian market is too big to be ignored. And to acquire a slice of the lucrative market, the German luxury carmaker has put Asia as its focus of attention in the next ten years, said BMW Group director Dr Michael Ganal.

Business 15 Mar 2003 | 12:00 AM

UM Land unloved but has potential

IF you were to view The United Malayan Land Bhd's (UM Land) web page, you would be greeted with the saying: I>Like the tree, UM Land grows on deep, strong roots so it may bear rich fruit./I>

Business 15 Mar 2003 | 12:00 AM

Merging the plantations

IT is telling that Datuk Seri Abdullah Ahmad Badawi cited Permodalan Nasional Bhd#039;s (PNB) plantation companies as an example when he spoke about the move to merge government-linked companies.

Business 15 Mar 2003 | 12:00 AM

Relief over Loy Yang bid withdrawal

WHEN Sime Darby Bhd and Genting Bhd first announced their intention to jointly bid for Australia#039;s Loy Yang Power in January, the market barely nudged.

Business 15 Mar 2003 | 12:00 AM

Private matters

BOUSTEAD Holdings Bhd has joined the growing list of parent corporations eager to convert their listed subsidiaries into wholly-owned entities.

Business 14 Mar 2003 | 12:00 AM

Analysts: Withdrawal won't affect Sime, Genting

THE decision by Sime Darby Bhd and Genting Bhd to withdraw from bidding jointly for a stake in the Loy Yang power plant in Australia will have little impact on heir bottom line projections, analysts said.

Business 13 Mar 2003 | 12:00 AM

KL market snaps losing streak on technical rebound

THE local stock market snapped a five-day losing streak yesterday, with the KLSE Composite Index (CI) closing 9.88 points higher at 629.10 on bargain hunting and signs of reduced tension between the United States and Iraq.

Business 08 Mar 2003 | 12:00 AM

Heavyweights fail to give impetus

IF the Kuala Lumpur Stock Exchange's performance over the last two weeks is anything to go by, the deluge of corporate results released into the market in recent weeks have provided investors with little in the way of encouragement.

Business 08 Mar 2003 | 12:00 AM

Govt may issue RM18bil bonds

MALAYSIA may sell up to RM18bil of government bonds this year to help fund its pump-priming measures, according to Rating Agency Malaysia Bhd (RAM).

Business 28 Feb 2003 | 12:00 AM

BMW to unveil big plans for presence in M’sia soon

GERMAN luxury-car maker Bayerische Motoren Werke (BMW) will soon un- veil details of plans that will enable it to have a more prominent presence in Malaysia, including the possibility of manufacturing component parts locally.