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AseanPlus News 09 Apr 2003 | 12:00 AM

Carmakers to raise investment in joint venture

GEELY Group, a privately owned mainland carmaker, and its Hong Kong partner Guorun Holdings, plan to #8220;multiply#8221; investment in their newly launched joint venture to take advantage of the car boom in China.

Other Sport 20 Apr 2003 | 12:00 AM

Renault finally get the right mix

At a quiet airport west of Paris every Wednesday morning, they board a plush eight-seat Piper Cheyenne III propeller aircraft for an hour-long flight across the Channel. Most of them look like managers in a multi-national company on a trip to discuss global product strategy #8211; and in a way, they are.

Nation 15 May 2003 | 12:00 AM

Towards a re-united MCA

THE MCA's protracted internal conflict can be overcome if its feuding leaders are willing to make conciliatory efforts based on the premise that unity is above all considerations within the party, MCA vice-president Datuk Seri Ong Ka Ting said.

Business 15 Oct 2003 | 12:00 AM

Autoair shares up on talk of major Middle East deal

THE share price of Autoair Holdings Bhd shot up yesterday on speculation that the automotive air-cond maker will be signing a major deal with a Middle East client which could boost its future earnings.

Business 16 Oct 2003 | 12:00 AM

Dr M: Perwaja failed due to poor management

PERWAJA Steel Sdn Bhd failed because the people who ran it did not fully understand the steel-making process and technology involved, said Prime Minister Datuk Seri Dr Mahathir Mohamad.

Business 29 Oct 2003 | 12:00 AM

Proton eyes stake in Italian bike maker

PERUSAHAAN Otomobil Nasional Bhd (Proton) is eyeing at least 50% equity in renowned Italian motorcycle manufacturer MV Augusta Motor SpA in an effort to accelerate its own motorcycle programme.

AseanPlus News 15 Jan 2004 | 12:00 AM

Tax breaks for firms to help the jobless

THE State will introduce a new series of tax incentives to encourage re-employment of unemployed workers displaced from state-owned enterprises (SOEs) during corporate restructuring.

Business 17 Feb 2004 | 12:00 AM

Proton and EON deny report on termination of distribution deal

EDARAN Otomobil Nasional Bhd (EON) and Perusahaan Otomobil Nasional Bhd (Proton) have refuted yesterday a newspaper report that the long drawn out negotiations over their distribution agreement had been terminated.

Business 11 May 2004 | 12:00 AM

Lion group to invest US$2.7bil over the next 10 years

THE Lion group intends to invest US$2.7bil over the next 10 years to expand its core businesses both at home and abroad, with a big chunk going to China, said its chairman Tan Sri William Cheng.

Business 14 Jun 2004 | 12:00 AM

Lessons to be learnt from Thai experience

While Thailand does not have a home-grown car brand, it has firmly established itself as the centre for the Asean automotive industry.