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YAHOO! Inc may have diversified into fee-generating services so as to reduce its reliance on advertising sales, but that does not mean the world's largest Internet portal is slowing down efforts to attract advertisers. In Malaysia, at least, it is clearly becoming more aggressive.
FFM Bhd, which owns the country#039;s largest flourmill, is not only in flour business. It is also into edible oil refinery, animal feeds and poultry farming, shipping and the manufacture of polybags.
TWO investment banks (one Middle Eastern and one European) are expected to take up about 15% to 20% equity stake in the country#039;s no-frills airline, AirAsia Sdn Bhd, for about US$20mil or RM76mil.
For years, Bombay's legendary lunch-delivery system run by a legion of mostly illiterate I>dabbawallahs/Iwas an institution that didn#8217;t go beyond the city#8217;s borders. Now the low-tech network, known for its clockwork precision delivering dabbas (metal lunch boxes), or tiffin (lunch), is giving tips to the high corporate flyers on the basics of management and planning.
PEOPLE have been cracking jokes about the postal services for ages. Stereotypes such as indifferent clerks, grumpy postmen and slow deliveries are fodder for such gags. Some don't realise the importance of Pos Malaysia.
A FEW years ago, there were those who thought engineer Danesh Pannirselvam was crazy when he voiced his plans to market #8220;unheard of#8221; communications technology such as VoIP (Voice-over Internet Protocol #8211; the transmission of telephone calls over a data network like one of the many networks that make up the Internet). Now VoIP has become common practice and, consequently, Danesh is vindicated.
#8220;HISTORY often repeats itself#8221; and that's precisely what market pundits are hoping for this time around.
UNDERSTANDING the local culture and ethics are key ingredients for successful business ventures, according to language instruction and cross- cultural training specialist Berlitz (M) Sdn Bhd.