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Business 03 May 2003 | 12:00 AM

Foreign business news in brief

Foreign business new in brief including from New York that Prudential Financial Inc, the No. 2 US life insurer, has completed the purchase of Skandia Insurance Co#8217;s American Skandia Inc unit for about US$1.2bil.

Business 03 May 2003 | 12:00 AM

ASCM members to decide soon on minimum commission rates

OVER the next few days, the stockbroking industry is expected to know whether the minimum commission rates announced recently by the Association of Stockbroking Companies Malaysia (ASCM) would be maintained or reduced.

Business 30 Apr 2003 | 12:00 AM

Nanyang Golden Bulls for SMEs

SMALL and medium-sized enterprises (SMEs) have received another boost in the form of the I>Golden Bull /I>awardsI/I>initiated by Chinese daily I>Nanyang Siang Pau/I>

Business 30 Apr 2003 | 12:00 AM

OSK to set up e-trading terminals

OSK Futures and Options Sdn Bhd plans to set up electronic trading terminals in 15 more towns by the end of the year, its general manager Steven Lai said. It currently has 48 such terminals in 15 towns country-wide.

Business 25 Apr 2003 | 12:00 AM

Rafidah: Export quality furniture

INTERNATIONAL Trade and Industry Minister Datuk Seri Rafidah Aziz yesterday urged local wood-based furniture manufacturers and exporters to further expand Malaysian furniture#039;s share in the global market by making high value-added and quality furniture.

Business 22 Apr 2003 | 12:00 AM

Manufacturing growth may slow

The manufacturing sector may grow at a lower rate this year than the 5% forecast earlier, said International Trade and Industry Minister Datuk Seri Rafidah Aziz.

Business 22 Apr 2003 | 12:00 AM

Rafidah: Miti reviewing 2 acts

THE International Trade and In- dustry Ministry (Miti) is reviewing the Industrial Coordination Act (ICA) and the Promotion of Investments Act (PIA) to ensure their continued relevance, according to its minister Datuk Seri Rafidah Aziz.

Business 12 Apr 2003 | 12:00 AM

Rainmaker role model

TALENTED. Charismatic. Down-to-earth. Forward-thinking. Supportive. This is how one would describe Harres Tan. He is undeniably a rainmaker and role model in the local information technology (IT) industry.

Business 10 Apr 2003 | 12:00 AM

US House passes bill to ban conflict diamonds

B>WASHINGTON:/BDiamonds that finance and fan African civil wars would be banned from US import and export under a bill passed by the House of Representatives this week.

Business 09 Apr 2003 | 12:00 AM

Low airfares seen with suspension of pricing mechanism

The Market Development Programme (MDP), which sets the minimum airfares, would be suspended for a three-month period to allow signatory airlines to set their own airfares and promote low fares.