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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.

Business 01 Apr 2003 | 12:00 AM

Relsited Lion counters off to a rocky start

SHARES of companies in the Lion group, which have been suspended since March 5, got off to a rocky start on being requoted yesterday, with their investment value down by 9% and 34%.

Business 27 Mar 2003 | 12:00 AM

UEM-Renong to unveil revamp

THE United Engineers (M) Bhd (UEM)/Renong Bhd group unveils today its long-awaited restructuring plan aimed at putting the group on a stronger growth path.

Business 26 Mar 2003 | 12:00 AM

Lion Group completes debt, corporate revamp

The Lion Group has completed its debt and corporate restructuring exercise and has asked the KLSE for the resumption of trading in the shares of four of its publicly-listed units.

Business 21 Mar 2003 | 12:00 AM

United warns of coming war cutbacks; other airlines also poised

United Airlines told its employees to expect layoffs as early as Friday as it and other carriers prepared to reduce flying schedules and staffing as a result of the U.S. war with Iraq.

Business 20 Mar 2003 | 12:00 AM

Ipco buys into China Gas for HK$304mil

Sngapore-listed Ipco International Ltd has bought into piped natural gas distributor, China Gas Holdings Ltd, to become the Hong Kong-based company#039;s largest shareholder.

Business 20 Mar 2003 | 12:00 AM

Comfort shareholders vote for merger

Shareholders of Singapore#8217;s dominant taxi operator Comfort Group Ltd have voted for a merger with Delgro Corp, paving the way for the creation of the city-state's largest land transport group.

Business 19 Mar 2003 | 12:00 AM

News in brief

News in brief on Berjaya Sports, MISC, Bell 7 Order and other firms.

Business 15 Mar 2003 | 12:00 AM

Hot Stock - Celcom

THIS telco stock resumed its upward momentum in late October last year after correcting the overbought condition of the previous rally but at a much slower pace this time.

Business 14 Mar 2003 | 12:00 AM

News in brief

News in brief on Nestle, Tanco and other firms.