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Data attest to Japan recovery

The decline in bank lending slowed and money supply expanded at a faster rate in May, data released yesterday showed, providing further evidence of economic recovery.

MNC aims to double profit

THE MNC group, comprising mobile business solution provider MNC Consulting Sdn Bhd and mobile consumer services provider MNC Wireless Sdn Bhd, aims to double its profit to RM3mil this year on expected revenue of RM12.5mil, chief executive officer Jasmine Lee told I>StarBiz./I>

Is Fels really a tyrant?

THE close-up of a blotchy, stern-looking man on the cover of I>Allan Fels: A Portrait of Power/I- and simply the words 'portrait of power', really - conveys the impression that Allan Fels must be a rather tyrannical figure. Not true, says author and journalist Fred Brenchley.

Promet shares delisted from MSEB

The shares of Promet Bhd, a Practice Note No. 4/2001 (PN4) company, were removed from the official list of the Malaysia Securities Exchange Bhd (MSEB) with effect from 9am yesterday.

Megan Media tripling output to meet demand

AT the rate Megan Media Holdings Bhd is going on with increasing the output of its data storage products to cope with the global demand, it looks set to hit its target of 20 million recordable discs a month next year.

RAM rates four CDS issues worth RM5.9bil in November

PRIMARY investors were offered four issues of corporate debt securities (CDS) rated by Rating Agency Malaysia Bhd (RAM) and worth RM5.94bil from the financial services, property and real estate, and infrastructure and utilities sectors in November.

Cuba aims for stronger trade ties

Cuban Ambassador to Malaysia, Pedro Monzon Barata, talks about the growing trade ties between his country and Malaysia.

IBM makes managing data easy

IBM has made it easier for large organisations to manage and share their vast amount of information. The IBM TotalStorage SAN File System, available from today, provided a single centralised point of control to manage files and databases which would simplify data administration and result in lower total costs, said IBM Asean/South Asia storage systems group product manager Rathiga Renganathan.

SC outlines reduction of IPO time-to-market

THE reduction in the time-to-market (the duration between the time a prospectus is issued until the company is listed) for initial public offerings (IPOs) from 25 market days currently to 13 market days starting Dec 1 is applicable to public offer sizes of up to 20 million shares.

SC to reduce time-to-market for IPOs

THE Securities Commission (SC) will reduce the time-to-market for initial public offerings (IPOs) - the duration between the time the prospectus is issued until the company is listed - from 25 market days currently to 13 market days starting Dec 1.