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Blue chips remain bullish
THE large corporates in Malaysia are bullish about 2005. Tenaga Nasional Bhd (TNB) president and CEO Datuk Che Khalib Mohamad Noh expects the utility giant to continue to shine and deliver. Malaysia International Shipping Corp Bhd (MISC) is somewhat insulated from external market volatilities, says MD and CEO Datuk Shamsul Azhar Abbas. Genting Bhd chairman, president and chief executive Tan Sri Lim Kok Thay has plans to further widen the scope of the group's investment.
Nestle targets 4%-5% revenue growth
NESTLE (M) Bhd aims to achieve 4% to 5% growth in revenue this year in line with the prevailing strong economic fundamentals and as rising consumer and business confidence spurs spending.
MCMC will be able to force firms to open up lines for broadband
The Malaysian Communications and Multimedia Commission (MCMC) will be given more clout to force fixed-line telephone service providers to open up connections to third-party broadband service providers.
Ugly women get less aid, Islamic Council rapped for not being fair
Auditor-General Tan Sri Dr Hadenan Abdul Jalil has chided the state Islamic Religious Council for not being fair to less attractive single mothers when giving out monetary aid.
Citibank remains customer-focused
CITIBANK Bhd, which has been registering high double-digit growth annually for its unit trust distribution business, aims to continue to repeat the feat by remaining customer-focused and delivering quality products that suit their diverse investment needs.
Firms enlightened on blackouts
Complaints of 30-minute power failures experienced by multinational companies an average of four times a year dominated a one-hour dialogue session held with Tenaga Nasional Berhad and the Selangor State Investment Committee.
A case for having a company secretary
The Companies Commission (CCM) of Malaysia established the corporate law reform committee pursuant to sections 17 and 19 of the Companies Commission of Malaysia Act 2001 to review the Malaysian corporate law under its corporate law reform programme to ensure that the reform programme will be conducted effectively and objectively.