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Business 24 Mar 2003 | 12:00 AM

Challenges and growth of Islamic debt markets

In the third of a series of 6 articles, economist Baljeet Kaur Grewal looks at the growth of the private debt securities market and within that niche, the growth of Islamic debt instruments.

Business 24 Mar 2003 | 12:00 AM

Key to nurturing future leaders

HORTICULTURAL shows aside, there probably aren#146;t too many business events in Kuala Lumpur where one is handed a packet of sunflower seeds at the door and told to #147;grow tomorrow#146;s leader? today#148;.

Business 23 Mar 2003 | 12:00 AM

Hooked on a profitable line

A FEW years ago, there were those who thought engineer Danesh Pannirselvam was crazy when he voiced his plans to market #8220;unheard of#8221; communications technology such as VoIP (Voice-over Internet Protocol #8211; the transmission of telephone calls over a data network like one of the many networks that make up the Internet). Now VoIP has become common practice and, consequently, Danesh is vindicated.

Business 22 Mar 2003 | 12:00 AM

News in brief

News in brief on Telekom, BAT, Kumpulan Emas, DRB-HICOM, Carlsberg, and Arab-Malaysia Corp.

Business 21 Mar 2003 | 12:00 AM

Reports of fires at Iraqi oil wells feed fears of widespread sabotage

Flames lit up the nighttime desert sky from the direction of Iraq's petroleum center Basra, and U.S. and British forces entering southern Iraq saw oil wells on fire.

Business 20 Mar 2003 | 12:00 AM

War or not, offshore marine sector hums on

The din of metalwork at the sprawling workshop of Cooper Cameron, a major maker of oil and gas pressure control equipment, is music to Erik Peyrer#146;s ears and the refrain could well be #147;it#146;s business as usual#148;.

Business 19 Mar 2003 | 12:00 AM

Intan plans to sell rest of stake in Metropolitan

INTAN Utilities Bhd has proposed divesting its remaining 70% equity interest in Metropolitan Utilities Corp Sdn Bhd via a management buy-out for RM84mil, and subscribing to 46.17% of the enlarged share capital in the management buy-out entity, Jauhari Harapan Sdn Bhd, for RM31.5mil.

Business 19 Mar 2003 | 12:00 AM

Waterco plans to invest RM2mil in ops expansion

AUSTRALIA-BASED Waterco Ltd plans to invest RM2mil this year to expand its Malaysian manufacturing operations in light of higher demand for water treatment equipment from Europe.

Business 18 Mar 2003 | 12:00 AM

YTL seeks more regulated utilities

BRITAIN is key to YTL Power International Bhd#039;s quest to become a global infrastructure player by operating a network of regulated utilities, said its managing director, Tan Sri Francis Yeoh.

Business 17 Mar 2003 | 12:00 AM

Global effort to curb money laundering

THREE DAYS before Sept 11, 2001, Mohamed Atta, the man who piloted American Airlines flight 11 into the North Tower of the World Trade Centre (WTC) in New York, wired out a total of US$7,860 from two grocery stores in Maryland. On Sept 10, Marwan al-Shehri sent US$5,400 from a Greyhound bus terminal in Boston before he commandeered United Airlines flight 175 the next day, crashing it into the WTC South Tower. In both cases, the recipient of the funds was a terrorist support network based in the United Arab Emirates (UAE).