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Business 19 Jan 2007 | 12:00 AM

News in brief

News briefs including: Salcon, partners win Lankan job, Tanjung gets Petronas contract, GDP likely to ease to 5.2%, says Mier and AirAsia unveils new Macau-KK route

Business 19 Jan 2007 | 12:00 AM

AirAsia unveils new Macau-KK route

AirAsia Bhd islaunching a new route connectingMacau with Kota Kinabalu.

Business 19 Jan 2007 | 12:00 AM

Timber prices shoot up

Prices of South-East Asian timber products have risen sharply across the board in the aftermath of the severe thunderstorms and flooding in production areas.

Business 18 Jan 2007 | 12:00 AM

Most Asian markets rise as Japanese stocks hit 9-month high

Most Asian markets advanced Thursday, with Japanese stocks hitting a nine-month high after the central bank decided to leave interest rates unchanged.

Business 15 Jan 2007 | 12:00 AM

Enter the extreme entrepreneur

IT is often discussed whether Malaysia lacks a competitive edge in manufacturing following the rise of low-cost countries like China and Vietnam.

Business 15 Jan 2007 | 12:00 AM

Chinese business news in brief

Statistics from the Shanghai welfare lottery centre show that last year, a millionaire was born every six days in the city through buying welfare lotteries.

Business 14 Jan 2007 | 12:00 AM

China's exporters suffering as currency rise

BEIJING (AP): Dependent on exports to the United States, the Hebei Lihua Hat Co. saw its profits wiped out as China's currency rose steadily against the dollar over the past year.

Business 13 Jan 2007 | 12:00 AM

Panasonic boss dives to get away

Breaktime for the CEO is a time to recharge and rejuvenate. He comes back tothe workplace brimming with new ideas and a smile for everyone! Starting today,StarBizfeatures the other facet of the dynamo you see on workdays, but maynot get to know in the weekends. The series appears every fortnight. Today, wefeature Panasonic Malaysia managing director Hiroshi Nakamura.

Business 11 Jan 2007 | 12:00 AM

China set to act on ballooning reserves

China, the first country to amass US$1tril in reserves, is set to revamp the way it manages that stockpile, and investment managers have reason to be both eager and nervous.

Business 11 Jan 2007 | 12:00 AM

China steel mills seek long-term contracts

Steel mills in China, the world's top consumer and producer of the metal, are seeking long-term freight contracts for iron ore, adding to upward pressure on dry bulk rates that are already at 21-month highs.