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Business 17 Jan 2003 | 12:00 AM

Maybank good long-term buy

A TIP for successful stock investment: it pays to invest in and hold on to a good company.

Business 18 Jan 2003 | 12:00 AM

Yung Kong output to rise 20%

YUNG Kong Galvanising Industries Bhd plans to increase production of galvanised iron steel sheets by 20% this year from 60,000 tonnes per year currently to meet both domestic and overseas demand.

Business 18 Jan 2003 | 12:00 AM

KLIA passenger traffic up 12.3%

PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.

Business 18 Jan 2003 | 12:00 AM

Kuok arm targets RM140m sales

THE Kuok group#146;s property development arm Johdaya Karya Sdn Bhd is confident of hitting RM140mil in sales from the condominium tower project it is launching in April #150; some five years after construction was put on hold following the regional economic crisis.

Business 22 Jan 2003 | 12:00 AM

KLSE volume at 9-month high

THE KLSE Composite Index (CI) resumed its ascent yesterday to end at the day#039;s high of nearly 676 points in heavy trading, after recent good news revived positive sentiment on equities. Total volume for the day surged to a nine-month high of 633.4 million shares from 442.7 million on Monday.

Business 22 Jan 2003 | 12:00 AM

Asia-Pac venture capital bodies formalise ties

THE Asia Pacific Venture Capital Alliance (APVCA), initially formed on the basis of informal collaboration among members, has formalised its establishment to strengthen cooperation.

Business 22 Jan 2003 | 12:00 AM

Sohu.com continues its turnaround with Q4 profit

Chinese media company Sohu.com, once written off as another flamed-out Internet portal, has roared back to life with a fourth-quarter profit #8211; its second ever #8211; that was well ahead of forecasts.

Business 23 Jan 2003 | 12:00 AM

Astro Plantation investing RM100mil in redevelopment project

ASTRO Plantation Sdn Bhd will be investing about RM100mil to redevelop the Taman Sri Tebrau wet market and food court, built in the 1980s, into a mixed development property project.

Business 23 Jan 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including from Bangalore that Indian affiliates of Hong Kong#8217;s Hutchison Whampoa Ltd have claimed a world first with the launch of a service in which mobile phones are automatically updated with text news headlines.

Business 24 Jan 2003 | 12:00 AM

Govt ready to enact privacy and data protection law

THE government is prepared to enact a privacy and data protection law to address the growing concern among Internet users about invasion of their privacy via the Web, Second Finance Minister Datuk Jamaludin Jarjis said.