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Business 06 Jan 2004 | 12:00 AM

Local paints, coatings industry poised to outpace manufacturing

MALAYSIA'S paints and coatings industry, estimated to be worth RM1.3bil in 2002, is expected to outpace the manufacturing sector and may hit a high of 14% a year for the next five years to 2008, RAM Consultancy Services Sdn Bhd said.

Business 10 Dec 2003 | 12:00 AM

IMF: No imminent need to unpeg ringgit

THERE is 'no imminent need' for Malaysia to unpeg the ringgit, an International Monetary Fund (IMF) official said yesterday. But he urged the authorities to study it, to allow greater policy flexibility.

Business 05 Dec 2003 | 12:00 AM

HSBC looks to boost presence in China

HSBC Holdings Plc, the largest foreign bank in China, is looking to boost its presence in China by acquiring stakes in domestic financial institutions.

Business 01 Dec 2003 | 12:00 AM

Ta Win’s Shanghai plant to drive growth

Copper wire manufacturer Ta Win Holdings Bhd expects its new plant in Shanghai, when fully operational in mid-2004, to boost revenues and profits and set it on a course for future growth.

Business 17 Nov 2003 | 12:00 AM

Citigroup beefing up Islamic ops

CITIGROUP Islamic banking vehicle, Citi Islamic Investment Bank E.C. (CIIB), aims to strengthen its position in the global Islamic banking business through its diversified range of alternative Islamic products and services for the international market.

AseanPlus News 08 Nov 2003 | 12:00 AM

Shenzhen seeks top experts in Europe

The city government of Shenzhen has sent a delegation to major European countries to attract 500 professionals, especially Chinese who have studied and worked there, for 55 selected local firms.

Nation 06 Nov 2003 | 12:00 AM

Penang signs pact with Karnataka

A government-run electronics consortium in Penang signed a pact with the government of the southern Indian state of Karnataka to jointly manufacture and design hardware and develop customised products for global markets.

Business 28 Oct 2003 | 12:00 AM


Business 23 Oct 2003 | 12:00 AM

Citigroup members appointed to arrange US$250mil Sukuk issue for Bahrain

THE Bahrain Monetary Agency (BMA) has appointed Citi Islamic Investment Bank (CIIB), Bahrain and Citigroup Global Markets Ltd (CGML) to arrange, structure and lead manage its upcoming US$250mil Sukuk issue.

Business 17 Oct 2003 | 12:00 AM

Nissan half-year profit jumps 15%

Nissan Motor Co reported yesterday a 15% increase in half-year operating profit, as a slew of new models drove sales higher in every major car market.