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Business 03 Feb 2004 | 12:00 AM

ACCC won’t appeal Loy Yang ruling

Australia's competition watchdog has decided not to appeal against a court ruling approving a bid by Australian Gas Light Co (AGL) for a 35% stake in Loy Yang power station in Victoria state.

Business 15 Jan 2004 | 12:00 AM

No plan for new bonds this year, says TNB

TENAGA Nasional Bhd (TNB) has no plans to issue new bonds this year, but instead will raise RM4.4bil by mid-2004 through the sale of its RM3.6bil Kapar power plant as well as stakes in several independent power producers, said chairman Datuk Dr Awang Adek Hussain.

Business 07 Jan 2004 | 12:00 AM

MASkargo introduces the first paperless Neutral Air Waybills in China

MALAYSIA Airlines Cargo Sdn Bhd (MASkargo) recently scored another 'first' by pioneering the usage of Neutral Air Waybills (NAWB) for the air cargo community in China.

Business 28 Dec 2003 | 12:00 AM

The year of the pre-emptive strike

Many things can be said of 2003 when turmoil struck the world. But most of all, it was the year when the Bush doctrine of unilateral military action against other countries deemed worthy of 'regime change' was put into terrible effect in Iraq, as the United Nation stood and tottered helplessly at the sidelines. The world will not be the same again. MARTIN KHOR reviews the year that is about to pass us by.

Business 24 Dec 2003 | 12:00 AM

New core centres to drive growth

The three CEOs we feature today are entrepreneurs who have carved a name for themselves in their respective businesses. They are Datuk Shahril Shamsuddin of the Sapura group of companies, Datuk Kevin Tan of TSH Resources Bhd, and Datuk Lim Kim Hong of I-Berhad.

Business 18 Dec 2003 | 12:00 AM

WTO summit ends without breakthrough

THE World Trade Organisation ended its special follow-up meeting to the failed Cancun Ministerial Conference without any breakthrough, thus confirming doubts whether there can be any progress in talks next year.

Business 14 Nov 2003 | 12:00 AM

F&N rewarding shareholders with generous 20 sen dividend

FRASER Neave Holdings Bhd (FN) has proposed a total net dividend of 20 sen per share for the year ended Sept 30, and coupled the announcement with an assurance that future dividends would be maintained at 'a good rate'.

Business 27 Oct 2003 | 12:00 AM

More distribution income expected from unit trusts

JUDGING from the improvement in the equity market, coupled with the rise in the volume of shares traded, investors can expect to reap more distribution income (dividends) for unit trust funds this year.

Business 17 Oct 2003 | 12:00 AM

Delegates: Make forum annual event

THE inaugural two-day OIC Business Forum ended yesterday with delegates proposing that such forum be held annually to further strengthen business cooperation among the OIC member countries.

Business 28 Sep 2003 | 12:00 AM

Secret to success in labour relations

One of the secrets to success in labour relations is maintaining a system of checks and balances between management and labour, a manager at one of the world#8217;s largest automobile corporations said.