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Business 25 Aug 2003 | 12:00 AM

Discontent rises against terminal migration organisation appointee

THERE has been strong discontentment in the local payments card industry since the announcement by Rhythm Consolidated Bhd in early June that it had been appointed sole terminal migration organisation (TMO) for the EMV (Europay MasterCard Visa) migration exercise. And the situation may just get unpleasant.

Business 25 Aug 2003 | 12:00 AM

JSPC plans overseas expansion

INFORMATION technology (IT) consultant JSPC i-Solutions Bhd plans to use the proceeds from its proposed listing on Mesdaq to fund the group's overseas expansion and new product development programmes, executive director Yip Siew Kee told I>StarBiz/Irecently.

Business 23 Aug 2003 | 12:00 AM

Unisys eyes 38% logistics market share

UNISYS Corp, which is beefing up its transportation division in Malaysia, plans to capture up to 38% market share in the local airport logistic services industry in the next two to three years.

Business 22 Aug 2003 | 12:00 AM

EMC seeks to expand mid-tier market sales

LEADING network storage solution provider EMC Corp expects sales to the mid-tier market #150; companies or departments within large organisations with IT spending of between US$100,000 and US$500,000 #150; to account for 30%#150;40% of its revenue in Malaysia.

Business 22 Aug 2003 | 12:00 AM

Mayban Unit Trust increases fund size forecast to RM2.5b

MAYBAN Unit Trust Bhd (MUTB) has revised its fund size forecast upward to at least RM2.5bil by June 30 next year, from RM2.2bil announced earlier, based on optimism of better sales in the wake of an improving KLSE performance.

Business 22 Aug 2003 | 12:00 AM

YTLE unveils IDD prepaid card, vending machine

YTL e-Solutions Bhd (YTLE) and its 70%-owned subsidiary, Extiva Communications Sdn Bhd, have jointly launched international direct dialing (IDD) prepaid card I>ExtiSave/Iand I>ExtiLoad/Ivending machines, allowing YTLE to make a foray into the lucrative mobile prepaid market.

Business 22 Aug 2003 | 12:00 AM

MOX posts 46% rise in net profit

INDUSTRIAL gas solutions provider Malaysian Oxygen Bhd (MOX) posted a 46% year-on-year increase in net profit to RM30.2mil for the third quarter ending June 30 on the back of a 27% rise in revenue to RM146.6mil.

Business 21 Aug 2003 | 12:00 AM

Asia-Pac airlines invest more in IT and telecoms

DESPITE being hit by the 'perfect storm' resulting from the SARS outbreak and Iraq war, airlines in the Asia-Pacific invested more in information technology (IT) and telecommunications in the first half 2003, said SITA Inc Asia-Pacific president Lim Soon Hock.

Business 20 Aug 2003 | 12:00 AM

Nova MSC fetches 100% premium on Mesdaq debut

NOVA MSC Bhd made a fine debut on the KLSE Mesdaq market yesterday, with its shares opening at double its public offer price of 28 sen, for a gain of 28 sen.

Business 20 Aug 2003 | 12:00 AM

FedEx adds Iraq to its global network

FEDEX Express, the world#039;s largest express transportation company, has added Iraq to its global network.