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Business 16 Jul 2003 | 12:00 AM

YLI unit signs pact on China water project

YLI Holdings Bhd said its 37%-owned Pinang Water Ltd (PWL) has signed a pact with the Chinese government to construct a 100,000 cu m per day water treatment plant for Yi Chun City on a build, operate and transfer basis.

Business 16 Jul 2003 | 12:00 AM

Talam to launch two projects in Selangor

TALAM Corp Bhd hopes to launch two new housing projects in Selangor by the end of the year on a joint-venture basis with their respective landowners.

Business 16 Jul 2003 | 12:00 AM

CA expects sales to grow 30%

BUSINESS management software specialist Computer Associates (CA) sees a 30% growth in sales in Malaysia this year, according to its managing director for South Asia, Piti Pramotedham.

Business 17 Jul 2003 | 12:00 AM

News in brief

News in brief on Cahaya Mata, Granite Industries, Southern Bank and PBA Holdings.

Business 17 Jul 2003 | 12:00 AM

Protasco unit eyes more tie-ups with CPG

KUMPULAN Ikram Sdn Bhd, a wholly-owned subsidiary of Protasco Bhd, is eyeing opportunities related to infrastructure projects in Asean and Asia Pacific in collaboration with CPG Laboratories Pte Ltd of Singapore.

Business 17 Jul 2003 | 12:00 AM

Knowing your staff

Sun Tzu's Management Leadership. A weekly column by Dr Ong Hean Tatt. This week he says that the hardest part of the work of a leader is to mix with, understand and motivate his staff.

Business 17 Jul 2003 | 12:00 AM

Mier upgrades GDP growth forecast to 4.3%

THE Malaysian Institute of Economic Research (Mier) has upgraded its 2003 gross domestic product (GDP) growth forecast for the country to 4.3% from 3.7% following the early containment of the SARS outbreak and the recent surge in industrial output which indicated an unexpectedly rapid upturn for the manufacturing sector.

Business 17 Jul 2003 | 12:00 AM

Mier: Ringgit 10% undervalued against US dollar

THE ringgit is undervalued by some 10% against the US dollar and other major currencies, but any attempt to de-peg the local currency from the greenback may affect the competitiveness of Malaysian exporters, said Malaysian Institute of Economic Research (Mier) executive director Dr Mohamed Ariff.

Business 17 Jul 2003 | 12:00 AM

EON gears up for super dealer role

EDARAN Otomobil Nasional Bhd (EON) is geared up to meet the stiffer competition brought on by its new role as a super dealer of Proton Edar, said chairman Tan Sri Mohd Saleh Sulong.

Business 17 Jul 2003 | 12:00 AM

Greenspan vows to keep rates low

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.