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Business

Lonpac sets aside RM5mil for Internet insurance

GENERAL insurer Lonpac Insurance Bhd has allocated RM5mil in its efforts to implement Internet insurance by 2004.

Business

Klang Valley’s next residential hot spots

FUTURE hot spots for residential properties in the Klang Valley over the next 10 years would be near the Guthrie Corridor Expressway area such as Kumpulan Guthrie Bhd#039;s Bukit Jelutong, SP Setia Bhd#039;s Bandar Setia Alam and Road Builders Bhd#039;s Shah Alam II projects.

Business

Samsung to source more from SEA

SAMSUNG Electronics Co Ltd#039;s procurement division, which procures materials and components and supplies them to units within the group, expects to raise the proportion of materials it sources from the South-East Asia region this year.

Business

Going international on Islamic products

CIMB Group is expanding its reach in the Islamic financial market with a goal to becoming a predominant player given its strong market position and track record in the conventional market.

Business

PLUS on a steady path

PLUS Expressways Bhd has indeed come a long way. But one thing has remained certain through the wild swings of the economy, the rise and fall of its parent United Engineers (M) Bhd that led to its own indebtedness and change of control - it has always been a prized asset.

Business

Metamorphosis of Taman Seputeh

SOME things never change. Some do. Taman Seputeh is going through a metamorphosis. After all, how long can all that tranquillity and green possibly last?

Business

Symphony creates minor stir with MIH buy

HARDLY three weeks after its Valentine#039;s Day listing, Symphony House Bhd has created a minor stir on the share market with its proposed acquisition of Malaysian Issuing House Sdn Bhd (MIH) for RM2.45 million cash. It was, by far, the most active counter on the Kuala Lumpur Stock Exchange (KLSE) on Wednesday (the day the announcement was made) and Thursday.

Business

Heavyweights fail to give impetus

IF the Kuala Lumpur Stock Exchange's performance over the last two weeks is anything to go by, the deluge of corporate results released into the market in recent weeks have provided investors with little in the way of encouragement.

Business

Slowdown in corporate earnings growth generally

EXCEPT for the plantation sector whose bottom line was buoyed by strong crude palm oil prices, the recently released financial results for the quarter ended Dec 31 last year indicated a general slowdown in corporate earnings growth.

Business

KPN posts record net loss but sees progress

Dutch telecoms group KPN reported yesterday a record 2002 net loss of 9.54 billion euros, but posted a robust core profit that underlined its strong operational performance last year.