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Business 28 Jan 2004 | 12:00 AM

News in brief

Business 28 Jan 2004 | 12:00 AM

TNB slips into the red on forex losses

DESPITE achieving higher operating profits, Tenaga Nasional Bhd (TNB) has slipped into the red on a net basis for its fiscal first quarter owing to foreign exchange translation losses arising mainly from the ringgit's weakness against the yen and other currencies in which much of the company's debt is denominated.

Business 22 Jan 2004 | 12:00 AM

Stronger Asian growth seen

ECONOMIC growth across Asia is expected to gain ground more decisively this year, with growth rates likely to be above market expectations, an international research house said in its New Year assessment on Asian economies released recently.

Business 18 Dec 2003 | 12:00 AM

Manufacturing sales surge to RM30.5bil

MANUFACTURING sales surged 11.7% to RM30.5bil in October from RM27.3bil recorded during the same month last year on strong demand for Malaysian-made goods.

Business 13 Dec 2003 | 12:00 AM

Goldman Sachs upbeat on Malaysia

Goldman Sachs has reaffirmed its bullish view on the Malaysian economy, citing the country's participation in the regional export recovery, strong recovery in the private sector capital expenditure (capex) in the third quarter and expectations of bank lending growth to accelerate sharply next year.

Business 05 Dec 2003 | 12:00 AM

Japanese companies feel better but capex still modest

B>TOKYO:/BAfter 10 quarters of gloom, Japanese companies are finally feeling better about business conditions, thanks to robust exports and profits, a government survey showed yesterday.

Business 02 Dec 2003 | 12:00 AM

Big plans for Bintulu Port

SMALLER in size and less well known than those on the peninsula it may be, but the port of Bintulu, flagship and main revenue earner of KLSE-listed Bintulu Port Holdings Bhd, is already poised for bigger things.

Business 28 Nov 2003 | 12:00 AM

Aussie firms bump up investment spending

Confident Australian companies invested a larger-than-expected A$13.94bil in their businesses in the third quarter, although data suggest their spending plans may not be so robust over the rest of the fiscal year ending June 30, 2004.

Business 21 Nov 2003 | 12:00 AM

Maxis sees 20% more subscribers next year

MAXIS Communications Bhd expects growth in its cellular subscriber base to be in the high teens or close to 20% next year.

Business 25 Oct 2003 | 12:00 AM

Re-branded Celcom in next growth phase

CELCOM (M) Bhd's re-branding exercise has thrust the group into its next growth phase where the focus would be on giving customers a new brand experience while driving profitability for all stakeholders.