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Business 17 Jul 2003 | 12:00 AM

Astino aims to be key player

ASTINO Bhd, which will debut on the KLSE second board tomorrow, plans to consolidate its presence as a key player in the local metal roofing industry by 2005.

Business 18 Jul 2003 | 12:00 AM

Analysts eye dividend hike by banks

NEW rules on how much capital banks hold in reserve could free up Singapore lenders to pay higher dividends, sparking new interest from yield-hungry investors, analysts say.

Business 18 Jul 2003 | 12:00 AM

Finns avoid traffic jams with their mobile phones

As if today's cell phones weren't crammed enough with features, the famously wired Finns now look to be adding another: traffic congestion deterrent.

Business 18 Jul 2003 | 12:00 AM

Citigroup CEO resigns, names Prince as successor

B>NEW YORK:/B>B/B>After months of speculation, Citigroup chairman Sanford I. Weill announced that he is giving up his job as chief executive and naming long-time confidant Charles O. Prince as his successor.

Business 18 Jul 2003 | 12:00 AM

Rafidah: Malaysia close to signing Tifa with US

MALAYSIA is moving closer to signing a trade and investment pact with the United States that could pave the way for a bilateral free trade agreement with the country's largest trading partner, International Trade and Industry Minister Datuk Seri Rafidah Aziz said on Thursday.

Business 18 Jul 2003 | 12:00 AM

Despite SARS, China GDP still growing at hot pace

China#8217;s gross domestic product (GDP) grew a stunted 6.7% in the second quarter from a year ago #8211; the slowest pace in 12 years #8211; as the deadly SARS outbreak made a sharp but transient impact on the world#8217;s sixth biggest economy.

Business 18 Jul 2003 | 12:00 AM

Ingress confident of profit

AUTOMOTIVE component maker Ingress Corp Bhd is confident of maintaining last year#039;s revenue and profit levels despite uncertainties in the regional automotive industry.

Business 18 Jul 2003 | 12:00 AM

AWC plans to get more commercial building deals

AWC Facility Solutions Bhd, which is scheduled to assume the listing status of Trans Capital Holding Bhd on the KLSE second board at the end of next month, aims to increase the company#039;s exposure to commercial buildings to 5% in three years from less than 1% now, its executive director Harry Menon said.

Business 19 Jul 2003 | 12:00 AM

MMC can finish rail project in 3 years

CIVIL works on the multi-billion ringgit electrified double tracking rail project linking Johor Baru to Padang Besar could be completed in three years, according to a proposal by Malaysia Mining Corp Bhd (MMC) which submitted a tender bid jointly with Gamuda Bhd last month.

Business 19 Jul 2003 | 12:00 AM

Property sales to pick up in H2

PROPERTY sales, which have improved in the second quarter, are expected to pick up steam in the second half of this year, with the return of confidence in the economy and strong showing of the KLSE, industry players said.