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Perusahaan Otomobil National Bhd (Proton) has executed an agreement with Japanese companies Mizayu Seisakusho Co Ltd and Nissho Iwai Corp (NIC) for the purpose of forming a joint venture company to be called Miyazu (Malaysia) Sdn Bhd.
AKN Messaging Technologies Bhd (AKN MTech) expects to increase its subscriber base to 50 million over the next three months from 9 million as a result of its expansion to Thailand, Singapore, Hong Kong and Indonesia, said managing director Lim Seng Boon.
US Federal Reserve chairman Alan Greenspan has vowed to keep interest rates low for a long time even as he predicted a hearty economic recovery.
HSBC Bank Malaysia Bhd was named Malaysia#146;s Best Consumer Internet Bank for 2003 by Global Finance magazine in its I>#147;World#146;s Best Internet Banks#148;/Icompetition.