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Business 04 Feb 2003 | 12:00 AM

Banking on new growth avenues

WHILE banks may not be tempted to initiate another round of huge bank merger exercises just yet, there seems to be a trend in the industry for banks to look at other avenues or means to position themselves as tomorrow#146;s winners.

Business 10 Feb 2003 | 12:00 AM

Offering more for MICE events

Property Talk: A weekly column by S.C. Cheah.This week he says that the proposed Kuala Lumpur Convention Centre, to be launched Tuesday, will add another landmark to the capital city.

Business 10 Feb 2003 | 12:00 AM

Humble start for a millionaire

CHOO Koo Oan, a successful retailer of electrical home appliances, has come a long way. Born in Junjong, Kedah, Choo was sent to Penang as a youngster in the early 1950s to be educated and was expected to be a success. Thirty years later, this humble man became a self-made millionaire by selling electrical home appliances.

Business 11 Feb 2003 | 12:00 AM

PCCW abandons courtship of C&W

PCCW Ltd, Hong Kong's dominant phone company, said yesterday it was abandoning its courtship of Cable Wireless plc and apologised for any market confusion its interest in the British carrier had caused.

Business 12 Feb 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including from Hong Kong that the chief executive of Asia Television (ATV) is reportedly in talks to sell part of his stake in the company to several investors, including Japan#8217;s Dentsu group.

Business 14 Feb 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including from Hong Kong That China Resources Power (CRP) is reportedly buying four mainland power plants from Sithe, an independent power producer under French-American media group Vivendi Universal.

Business 14 Feb 2003 | 12:00 AM

MAHB expects better turnover at its airports

MALAYSIA Airports Holdings Bhd (MAHB) expects passenger traffic at all the airports it manages to further improve this year, according to general manager (research, planning and investor relations) Iskandar Mizal Mahmood.

Business 14 Feb 2003 | 12:00 AM

Asian stocks to rise 20%-30% once Iraqi crisis is over: ING

Asian stocks are expected to rise by 20-30% once a clear resolution has emerged over the crisis in Iraq, and Korean and Taiwanese companies are expected to outperform, ING Financial Markets said.

Business 15 Feb 2003 | 12:00 AM

Foreign news in brief

Foreign news in brief including from London that BP plc is selling its interests in 14 natural gas fields in the North Sea as part of its global shift away from older and less profitable energy ventures.

Business 15 Feb 2003 | 12:00 AM

KSU shareholders seeking EGM to oust directors and chairman

TWO shareholders of KSU Holdings Bhd are seeking an EGM to remove nine directors of the company, including the chairman.