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Sun Power expects 30% increase in battery sales

HANDPHONE battery manufacturer Sun Power Energy Sdn Bhd expects to record about 30% growth in sales from RM5mil to RM6.5mil this year due to the high demand for such products in both the local and regional markets, CEO Matthew Cheah said

KL stock market falls 21.9 points

THE Kuala Lumpur Composite Index shed 21.93 points on Monday to 813.44, closing lower for the third consecutive trading day, as markets around Asia experienced the biggest plunge in two-and-a-half years.

Border area offers view of peace

A firefight last July at the Korean Demilitarised Zone (DMZ), 10 minutes#8217; drive from Kang Tae-rang#8217;s brick house, reminded the 62-year-old razor blade maker why he was able to buy his land so cheaply.

Foreign business news in brief

News briefs, including from Paris that the French bank BNP Paribas yesterday posted a 31% rise in first-quarter profit, beating forecasts, on growth in money management results, capital gains, and fewer loan loss provisions.

Team wins matches and hearts

They undertook the tour of Pakistan amidst uncertainty, fearing the unknown gunman who might target them because he bore a grudge against the rulers in Islamabad or New Delhi. The Indian Home Ministry almost cancelled the tour, citing security concerns. Coomi Kapoor looks at how cricket diplomacy won the day.

Fair to showcase brands with global recognition

Manufacturers, distributors and retailers who have penetrated into five countries or more will showcase their brands and products at the International Brands Consumer Fair (Ibcof) 2004, the country's first trade and consumer brand exhibition.

AmBank credit card market share set to rise

AMBANK Bhd is confident of capturing a larger slice of the credit card market partly through innovative products, said retail banking head Mohamed Azmi Mahmood.

LG Philips plans US$1bil IPO

LG Philips LCD Co, the world's largest maker of liquid crystal displays, plans to raise more than US$1bil from an initial public offering in the third quarter, to help finance construction of new factories.

Samsung expanding market share through Brand Plaza

Samsung Malaysia Electronics (SME) Sdn Bhd plans to expand its market share through its branding concept called the Brand Plaza to Penang and Johor Baru to further enhance its presence in Malaysia, said managing director Won Jong Duk.

Foreign business news in brief

Business briefs on: 'High business sentiment in Japan', 'China Minsheng Bank's profit up', 'Thai exports rise' and 'Talks on ship building deal between Korean and British companies'.