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Business 11 Jul 2003 | 12:00 AM

South-East Asia low-cost airlines set to take flight

THE concept of air travel in South-East Asia is transforming as low cost airlines (LCAs), now restricted to just a few countries in the region, take off.

Business 11 Jul 2003 | 12:00 AM

Mesdaq and second board rally amid rotation of interest

SHARES on the KLSE second board and the Mesdaq market rallied yesterday, even as a number of blue chips continued to consolidate after healthy gains over the past few weeks.

Business 11 Jul 2003 | 12:00 AM

IRB tightens transfer pricing rules

THE noose is tightening on companies that use price or cost manipulations in transactions with related parties to #147;adjust#148; their tax bills following the introduction by the Inland Revenue Board (IRB) of sweeping new guidelines that could paralyse this practice.

Business 12 Jul 2003 | 12:00 AM

Hong Leong to buy or sell up to 20 million MPI shares

Hong Leong Industries Bhd (HLI) has proposed to purchase and/or sell up to 20 million shares or a stake of about 10% in Malaysian Pacific Industries Bhd (MPI) through the open market or stockbrokers.

Business 12 Jul 2003 | 12:00 AM

Earnings poised to improve in H2

MALAYSIAN corporate earnings, after having taken a hit in the second quarter, are expected to turn around in the second half this year in line with the improving economic outlook, analysts said.

Letters 13 Jul 2003 | 12:00 AM

Industry rhetoric is all it is

Being a hub of optical disc piracy is not the kind of 'Malaysia Boleh' spirit to transport the country to ICT renown. But recording industry pundits need not lecture anyone about these problems, especially when they are better employed supporting concerted action against pirates.BUNN NAGARA writes from behind the headlines.

Letters 13 Jul 2003 | 12:00 AM

Towards a healthier smoke-free nation

B>SEOUL:/BRevised enforcement provisions of the National Health Promotion Law are drastically changing the nation's smoking culture these days.

Business 13 Jul 2003 | 12:00 AM

HP, Home Depot lift Dow

US stocks ended higher on Friday as a bullish call on computer and printer maker Hewlett-Packard Co and a brokerage firm#8217;s upgrade of retailer Home Depot lifted the blue-chip Dow.

Business 14 Jul 2003 | 12:00 AM

Improving economy to boost Artwright orders

MIDDLE to high-end office furniture maker Artwright Holdings Bhd is confident of securing new orders in view of the improving global and domestic economic environment.

Business 14 Jul 2003 | 12:00 AM

The birth of Ikea

IKEA founder Ingvar Kamprad was born in Smهland, in the south of Sweden and raised on a farm called Elmtaryd, near the village of Agunnaryd.