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Card earns credit for good cause

In July, MBf Cards (Malaysia) Sdn Bhd launched its first Visa credit card and called it the Gaia card.


Bank Islam sees credit card revenue going up

BANK Islam Malaysia Bhd expects the credit card business to contribute about 5% and 10% to its consumer banking revenue by the financial years ending June 30, 2004 and 2005, respectively.


Six companies awarded for promoting growth of SMIs

TENAGA Nasional Malaysia Bhd, Motorola Multimedia Sdn Bhd, Intel Electronics (M) Sdn Bhd, IBM Malaysia Sdn Bhd, Credit Guarantee Corp Malaysia Bhd and Cisco Systems (M) Sdn Bhd were recognised yesterday for contributing to the promotion and development of small- and medium-sized (SMIs) industries in the country.


EON Bank targeting niche customers for Islamic pawn-broking

EON Bank Bhd is targeting niche customers for its Islamic pawn-broking, or I>Ar-Rahnu,/Iwith focus on private sector employees and the self-employed, deputy group chief executive officer Abdul Jamel Pawanteh said.


AmBank growing tough HP market

AMBANK Group is confident of growing market share in the hire-purchase segment despite stiff competition from other financial institutions.


Gold riding at over 7-year high

Gold jumped to its highest level in over seven years yesterday as the surprise decision by the Organisation of Petroleum Exporting Countries (Opec) to cut oil output combined with a weak US dollar to burnish the metal's allure as a safe-haven asset.


Weakening US dollar leads to gold price hike

THE US dollar has been depreciating against several Asian currencies in recent months due to growing concerns over the United States' widening trade deficit and 41-year low interest rates, which caused capital to flee the world's largest economy.


Oil & gas buoyed by growth potential

It seems like punting on the oil and gas counters is the only game in town, judging by the spectacular surge in their share prices. In our special focus today, I>StarBiz/Ipresents two contrasting sides of the oil and gas story, plus the high flyers that have been hogging the limelight on the KLSE.


Guidebook on buying property

SHE claims to have #147;seriously negotiated#148; some 200 properties over the last 15 years. She owns about 50 properties, most of them tenanted. If these claims sound unbelievable, perhaps her newly-published book I>Property Jewels/I>, the country#039;s first guidebook on property investment is proof that action speaks louder than words.


Stocks slip as investors cash in

US stocks ended slightly lower on Friday, as investors locked in gains from a strong rally the previous day, while debt prices were narrowly mixed in directionless trade amid a dearth of news on the economy.