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Business 08 Jul 2005 | 12:00 AM

Calls to end Japanese ex-bureaucrats' migration to corporate posts

As the No. 2 at Japan's state-run highway agency, the unidentified bureaucrat wielded enormous power over the country's major road-builders.

Business 29 Aug 2006 | 12:00 AM

Seal Polymer to double capacity of gloves output

Seal Polymer Industries Bhd will have an annual production capacity of 3.96 billion gloves by the end of next month, double its capacity a year ago, said chief executive officer Datuk Seri Stanley Thai Kim Sim.

Business 06 Jul 2005 | 12:00 AM

Foreign business news in brief

News briefs, including from London that British Airways said on Monday a switch to IFRS accounting standards had boosted its 2004 profits but chopped its net assets by almost 50% as employee benefits were moved to its balance sheet.

Business 29 Jul 2005 | 12:00 AM

BT Group quarterly profits rise 24%

British telecommunications company BT Group PLC reported a 24 percent increase in quarterly net profit Thursday, boosted by strong demand for its new wave services such as high-speed Internet connections.

Business 07 Jul 2005 | 12:00 AM

Macquarie gets A$168mil fees from funds

Macquarie Bank Ltd, Australia's largest listed investment bank, boosted performance fees from managing funds by four-fold to A$168mil, as share sales of infrastructure assets rose almost a fifth in Asia.

Business 10 Aug 2005 | 12:00 AM

Qantas axes managers

Qantas Airways Ltd said yesterday it would slash nearly 200 management jobs by September in a three-year cost-cutting plan that remained on track to exceed A$1.5bil by June 2006.

Business 10 Aug 2005 | 12:00 AM

Sony expects camcorder sales to rise 35%

SONY (M) Sdn Bhd expects revenue contribution from its camcorder and digital imaging division to rise to between 32% and 35% for the financial year to March 2006 from 30% the previous year.

Business 30 Aug 2006 | 12:00 AM

QL to build two plants in Lahad Datu

QL Resources Bhd has invested about RM75mil to RM150mil to buy two plots of land in Lahad Datu, Sabah, in a bid to expand the company's crude palm oil business, said managing director Chia Song Kun.

Business 29 May 2007 | 12:00 AM

M'sian businesses urged to look at Gulf states

Malaysian companies and businesses should look at Kuwait and other Gulf states for new opportunities, Datuk Seri Abdullah Ahmad Badawi said