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Business 20 Mar 2003 | 12:00 AM

Wah Seong to expand on joining PEG

KLSE main board listed Wah Seong Corp Bhd (WSC) will further expand its business opportunities in the pipe coating oil and gas related areas when it becomes a consortium member of the Partnership for Equitable Growth (PEG).

Business 18 Mar 2003 | 12:00 AM

ABN Amro Bank pre-tax profit soars 6-fold to RM71m

STRONG growth in corporate banking revenues pushed ABN Amro Bank Bhd pre-tax profit up more than six-fold to RM70.7mil, despite a reduction in interest income.

Business 15 Mar 2003 | 12:00 AM

Pension assets in United States fall

THE value of state employee pension plans has plunged over the past three years, with the assets in the plans now worth less than the benefits they are committed to pay, according to a new study.

Business 15 Mar 2003 | 12:00 AM

More high dividends in the offing

CARLSBERG Brewery Malaysia Bhd#039;s latest announcement of a generous dividend is a trend that is likely to be emulated by Malaysian companies.

Business 15 Mar 2003 | 12:00 AM

Grey hat turned white

THERE'S this awesome sense of having power, absolute power, in your hands, recalls data security specialist Joseph Magee of the time some 10 years ago when he hacked into the phone switch of a telephone company serving the Philadelphia district in the United States.

Business 12 Mar 2003 | 12:00 AM

Market players hail new measures introduced by Government

CAPITAL market players and observers have generally welcomed the new measures unveiled by the government to boost the market, but they do not expect an immediate effect given the current global uncertainties and poor market sentiment.

Business 11 Mar 2003 | 12:00 AM

Boustead makes offer in bid to privatise Kuala Sidim

BOUSTEAD Holdings Bhd has made a proposed voluntary offer to acquire the remaining 54.2 million shares or 43.5% of the issued and paid-up share capital in Kuala Sidim Bhd it does not already own for RM325mil or RM6 per share.

Business 11 Mar 2003 | 12:00 AM

Maybank expects 10% annual growth in Japan business

MALAYAN Banking Bhd, which has set up a Japan desk with Mizuho Corporate Bank Ltd of Japan, expects a 10% annual growth in trade volume in view of the growing confidence among Japanese entrepreneurs in the Malaysian economy.

Business 10 Mar 2003 | 12:00 AM

Going international on Islamic products

CIMB Group is expanding its reach in the Islamic financial market with a goal to becoming a predominant player given its strong market position and track record in the conventional market.

Business 01 Mar 2003 | 12:00 AM

OSK offering special cards for its associates and staff

OSK Holdings Bhd yesterday launched its OSK Priority Card together with the OSK Priority Club for customers, business partners, shareholders and employees.