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Business 09 Sep 2003 | 12:00 AM

Hopewell net profit up strongly

Infrastructure and property company, Hopewell Holdings Ltd, reported yesterday a strong rise in annual net profit after it sold a power station in Indonesia earlier this year and spun off its infrastructure operations to help reduce debt.

Business 24 Sep 2003 | 12:00 AM

Foreign business news in brief

News in brief: 'LG, Samsung to set up shop in Iraq', 'China firm raises HK$2bil from IPO' and 'JFE in China steel sheet joint venture'.

Business 03 Oct 2003 | 12:00 AM

Proton: Plant in good spot to tap China market

PERUSAHAAN Otomobil Nasional Bhd (Proton) said its proposed manufacturing and assembly plant in Humen City, Dongguan, in the south-east province of Guangdong is ideally positioned to take advantage of the growing Chinese motor vehicle market.

Business 08 Oct 2003 | 12:00 AM

Proton segments market

PERUSAHAAN Otomobil Nasional Bhd (Proton) is well on its way to being a manufacturer focused on specific segments of the market, moving away from its 'safe option' profile of building one car for everyone.

Business 18 Oct 2003 | 12:00 AM

M’sia gains from HSBC jobs shift

HSBC Holdings plc, the London-based parent of HSBC Bank (M) Bhd, is set to shift a significant number of jobs from Britain to its new operational headquarters in Cyberjaya, its largest in the region.

Business 28 Oct 2003 | 12:00 AM


Business 11 Nov 2003 | 12:00 AM

MAS recovers from SARS, posts RM101m second quarter profit

MALAYSIA Airlines (MAS), which was 'stricken' by the SARS crisis in its first quarter, has staged a recovery to post a group net profit of RM101.1mil for the second quarter ended Sept 30.

Business 12 Nov 2003 | 12:00 AM

Under Shop expands ops

KUALA Lumpur-based The Under Shop Sdn Bhd, the owner-operator of I>Under Shop/I>, a chain of stand-alone retail outlets selling men's underwear, is expanding its operations in the region.

Business 14 Nov 2003 | 12:00 AM

Banker: No short-cuts to doing business in China

WANTING to do business in China? Forget shortcuts because there aren't any, counsels Hang Seng Bank Ltd vice-chairman and chief executive Vincent H.C. Cheng. Cheng was in Kuala Lumpur last week to talk about the risks and opportunities of doing business in China.

Business 16 Nov 2003 | 12:00 AM

Lim to lead technical furniture mission to China

Primary Industries Minister Datuk Seri Dr Lim Keng Yaik will lead an Economic and Technical Furniture mission to China from Nov 16 to Nov 22 to have a closer look at the development of the Chinese furniture industry and assess the major factors that have led to its rapid growth.