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Canon makes China the focal point in Asia

ASIA, which contributed 10%, or US$3.05bil to Canon group's total sales last year, is expected to be a significant region in the camera and office equipment manufacturer's expansion plan in the next five years.

New Suzhou plant is largest production facility in the world

CANON Inc last week celebrated the official opening of Canon Suzhou, a US$100mil plant engaged in the production of colour digital copiers and versatile digital copiers.

Water privatisation projects to be deferred

The Energy, Water and Communications Ministry will ask the Cabinet to temporarily halt approval of water privatisation projects pending further study, Minister Datuk Seri Dr Lim Keng Yaik said yesterday.

Asia oil imports hit record high in 2003

Oil demand from Asia hit a peak of 21.6 million barrels a day (bpd) last year and the region's dependence on oil imports reached a record high at 64%, Hawaii-based FACTS Inc said in a report.

Puncak Niaga privatisation believed to be on track

PUNCAK Niaga Holdings Bhd is on track to finalising its water privatisation agreement with the Federal Government by May, a company spokesman told I>StarBiz /I>yesterday.

Ministry should be custodian of our environs

From WONG EE LYNN, Rawang

Fed chief: Rates must rise at some point

United States Federal Reserve chairman Alan Greenspan said that US interest rates must rise at some point, but seemed to rule out an imminent increase by saying more vigorous growth have not yet sparked broad price pressures.

Water association to discuss latest development with officials

THE water industry has voiced concern over the Federal Government's move to put on hold all water privatisation projects in the country, saying it could further disrupt water supply operations.

Toyota planning science fiction technology expo

In 1939, General Motors (GM) wowed millions at the New York World Fair with its 'Futurama' exhibit purporting to show in model form what life would look like in 1960.

Koreans play down chances against China

SOUTH Korea's coach has admitted that his women's badminton team have little chance of dislodging Uber Cup champions China and said it was a 'miracle' his players had reached today's final.