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Bright prospects for local ports

Today's CEO Outlook series features the country's four major port operators. They are Tan Sri G. Gnanalingam of Westport Malaysia, Basheer Hassan Abdul Kader of Northport (M) Bhd, Datuk Mohd Sidik Shaik Osman of Pelabuhan Tanjong Pelepas, and Datuk Ahmad Ibnihajar of Penang Port Sdn Bhd.

Sabah to privatise water supply

The Sabah government is ready to sign a water privatisation deal with Ranhill Utilities Bhd and hopes to finalise an agreement with the listed company before the New Year, Chief Minister Datuk Musa Aman said.

News in brief

Sino-US ties still quite fluid

Colin Powell, the American Secretary of State, stated recently that America's relations with China have been the best in recent years. If this is true this augurs well for Chinese premier Wen Jiabao's trip, set to begin Sunday, to the United States.

Sino-US ties still quite fluid

Colin Powell, the American Secretary of State, stated recently that America's relations with China have been the best in recent years. If this is true this augurs well for Chinese premier Wen Jiabao's trip, set to begin Sunday, to the United States.

US steel decision a move in the right direction

The latest decision by US President George W. Bush to scrap tariffs on steel imports has averted a global trade war.

Money Market

Report: US to repeal steel tariffs this week

The Bush administration has decided to repeal its 20-month-old tariffs on imported steel to head off a trade war that would have included foreign retaliation against products from politically crucial US states, I>The Washington Post/Ireported.

No anti-dumping duty on CTVs sold in US

The United States has not imposed an anti-dumping duty on colour television sets (CTV) imported from Malaysia because preliminary investigations found no reasonable basis to suspect Malaysia of practising dumping, said United States Department of Commerce (USDOC) on Monday.

Policy makers warn against protectionism

US Federal Reserve chairman Alan Greenspan and top International Monetary Fund (IMF) policy-maker Anne Krueger, fearing that decades of trade liberalisation are being reversed, have sounded stern warnings against signs of creeping protectionism.