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F&N pre-tax profit increases 26.1% for first quarter

FRASER Neave Holdings Bhd's (FN) pre-tax profit rose 26.1% to RM39.5mil for the first quarter ended Dec 31, 2002 compared with the previous corresponding quarter.

Malaysia safe for tourists, says Kadir

The Government did not see the need to take special security measures after the Sept 11 terrorist attacks on the United States and the Bali bombing incident because it regarded the country as safe for tourists.

Police nab man who ran off with money

The moneychanger who allegedly fled with several hundred thousands of ringgit belonging to many foreign workers has been arrested.

Foreign maids protest against HK levy, pay cut

HONG KONG: Thousands of foreign workers poured onto the streets of downtown Hong Kong yesterday in the largest protest so far against government plans to levy a new tax and cut wages for foreign nationals working as maids.

Singapore success story

Singapore#8217;s proximity coupled with top-ranked institutions has made it the choice of Malaysians bright enough to gain a place

Business circle unfazed by Jakarta’s move

THE business and industry circles are unfazed by Indonesia's temporary halt to send its workers overseas, with most trade leaders saying that the move will have only a minimal impact on the Malaysian economy.

Be ready for war, bosses told

Employers have been urged to make contingency plans to ensure that workers' welfare are looked into in case a war breaks out between the US and Iraq.

Helping traders hire aliens

The Human Resources Ministry will propose that associations representing small traders who cannot employ foreign workers act on their behalf to apply for the workers.

IOI interim pre-tax profit doubles

PLANTATION giant IOI Corp Bhd has turned in a sterling performance for its first half ended Dec 31, 2002, with group pre-tax profit almost doubling to RM414.2mil from RM215mil a year earlier, thanks to buoyant crude palm oil (CPO) prices.

Magnum net profit of RM221mil-RM251mil seen

MAGNUM Corp Bhd is expected to announce later this month a 2002 net profit of between RM221.3mil and RM251mil, with some brokers seeing pressure on the results from declining sales in the company's numbers forecasting operations (NFO) as a result of competition from illegal betting and the repatriation of foreign workers last year.