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Cash-rich Cathay can withstand SARS
Cathay Pacific Airways Ltd may be #8220;haemorrhaging#8221; US$3mil a day, but its financial position is nowhere as precarious as that of its code-sharing US partner American Airlines, which narrowly avoided a massive bankruptcy filing at mid-week when flight attendants joined two other unions in approving sweeping wage concessions to help turn the airline around.
Maxis mobile data revenue rising
MAXIS Communications Bhd is targeting a 10% contribution from its mobile data business to total mobile revenue this year, up from 7% last year, according to the general manager and head of mobile data business unit, Steve Martineau.
New Zealand rail operator's shares go into free fall
Shares in New Zealand's national railroad operator, Tranz Rail, plummeted 29 percent Wednesday following a newspaper report that said it was in a precarious'' financial state.
Tricubes set to tap new ICT solutions
TRICUBES Computers Sdn Bhd, best known for its participation in the government multipurpose card (GMPC) project, is poised to capitalise in one of the fastest growth areas in the information and communication technology (ICT) market - enterprise mobile solutions.
Western model stifles Asia
A LOT of frustrations that exist in Asia between ad agencies and their clients are due to Western business models being imposed on Asian markets, says Mediaedge:cia Asia Pacific's chief executive officer Mark Austin.
Japan slows down in bank lending
Lending by Japanese banks slipped in March and growth in the amount of money in the financial system slowed, highlighting the challenge facing the Bank of Japan (BoJ) in finding a policy to get the economy moving.
CI seen to trend slightly upwards
Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.