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Business 17 Mar 2003 | 12:00 AM

KL remains important to Cathay

MALAYSIA remains an important market for Cathay Pacific Airways although it has no immediate plans to mount additional flights here, said its deputy director and chief operating officer David Turnbull.

Business 18 Mar 2003 | 12:00 AM

Bank: SMIs should seek listing as soon as ready

SMALL- and medium-scale industries (SMIs) should seek a listing on the KLSE as soon as they are ready, according to Affin Merchant Bank first vice-president (corporate finance division) Tan Kim Seng.

Business 18 Mar 2003 | 12:00 AM

Coles Myer H1 earnings up 28%

B>SYDNEY:/BColes Myer Ltd, Australia#146;s biggest retailer, signalled yesterday that its turnaround plan was on track after it reported a 28% jump in first-half earnings before charges on cost savings.

Business 19 Mar 2003 | 12:00 AM

Guidelines for financial planners

THE Geneva-based International Organisation for Standardisation (ISO) is in the process of formulating benchmarking guidelines for the international community of financial planners, scheduled for introduction in late 2005.

Business 20 Mar 2003 | 12:00 AM

Golden Frontier Vietnam facility ready soon

GOLDEN Frontier Bhd, a KLSE second board company specialising in corrugated fibreboard cartons, expects its new RM11mil facility in Vietnam, currently undergoing construction, to begin operations in October.

Business 20 Mar 2003 | 12:00 AM

Fed holds fire on rates, pledges surveillance

US Federal Reserve policy-makers have held interest rates at 1961 lows, contending that uncertainties caused by the pending war in Iraq are so extreme they could not gauge the American economy#8217;s prospects.

Business 21 Mar 2003 | 12:00 AM

Higher insurance premiums

THE general insurance sector is expected to experience a hike in premiums and reinsurance rates, according to MCIS Zurich Insurance chief executive officer L. Meyyappan.

Business 21 Mar 2003 | 12:00 AM

CPO prices dip to a three-month low

CRUDE oil prices dipped further to a three-month low yesterday as the market moved in anticipation of a swift victory by the United States army, and little disruption to Middle East crude flows.

Business 21 Mar 2003 | 12:00 AM

AirAsia expects fuel price hike

AIRASIA Sdn Bhd chief financial officer Raja Mohd Azmi Raja Razali said the war would cause a surge in price of aviation fuel (at the initial stage of the war), which would increase the airline's operational cost but this should slowly come down to a more acceptable price once the war is over.

Business 21 Mar 2003 | 12:00 AM

Regional travellers to cover drop in volume

IN the short-term, the Iraqi war will cause a drop in the volume of travellers from Europe, the US and possibly the Middle East to Malaysia, but regional arrivals within South-East Asia and North-East Asia will not be severely impacted, said Reliance Shipping and Travel Agency Sdn Bhd executive director Tan Sin Chong.