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Business 16 Jul 2006 | 12:00 AM

Lawmakers approve referendum on widening Panama Canal

Panama's congress approved holding a national referendum on a US$5.3bil (rm19.5bil) proposal to widen the Panama Canal to allow it to handle a new generation of giant container ships.

Business 01 May 2006 | 12:00 AM

Back to nature at Kayu Manis Orchard

RESIDENTS of the Leisure Farm Resort in Gelang Patah, Johor, have a new attraction that they can be proud of: a scenic orchard by a lake. Called the Kayu Manis Orchard Nursery, it will be another good reason why people should buy a home in the resort.

Business 02 Feb 2006 | 12:00 AM

Apple sued over potential hearing loss from iPods

SAN FRANCISCO: A Louisiana man claims in a lawsuit that Apple's iPod music player can cause hearing loss in people who use it.

Business 31 Jan 2006 | 12:00 AM

Mobile-phone unit rings up higher fourth quuarter sales for Vivendi

Vivendi Universal posted yesterday a 7% rise in fourth-quarter sales, boosted by its SFR unit, France's number two mobile-phone operator, which helped compensate for disappointingly weaker music and games sales.

Business 30 Dec 2005 | 12:00 AM

COSCO Pacific to acquire 20 percent stake in Egyptian port

HONG KONG: Ports investor COSCO Pacific Ltd. said it has signed an agreement to buy a 20 percent stake in the Suez Canal Container Terminal in Egypt - it's first port investment in the Middle East.

Business 02 Dec 2005 | 12:00 AM

IJM-Kumpulan Europlus tie-up set to benefit all

IF ongoing talks by construction giant IJM Corp Bhd to acquire a 25% stake in another construction outfit, Kumpulan Europlus Bhd (K Euro), is finally sealed, there will be substantial benefits to be reaped by all parties involved.

Business 30 Nov 2005 | 12:00 AM

Tanjong buying power assets in Egypt

TANJONG Plc has signed a conditional agreement for the purchase of EDF International SA's power assets in Egypt for US$307mil (about RM1.2bil).

Business 28 Nov 2005 | 12:00 AM

IJM Properties a rising star

THE IJM group's aggressive property drive was initiated in the last two to three years as one of the many strategies to cushion against the slowdown in the country's construction sector.

Business 26 Nov 2005 | 12:00 AM

Vivendi expects net profit of US$2.4bil

French telecoms and media group Vivendi Universal SA expects to make an adjusted net profit of nearly two billion euros (US$2.4bil) this year, said chief executive Jean-Bernard Levy.

Business 08 Oct 2005 | 12:00 AM

Small construction players likely to gain from proposals

The Budget proposal to increase the development expenditure is an added fillip for the construction sector, but this is likely to benefit mostly the mid-cap to smaller companies, analysts said.