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Business

Optimistic mood in IT industry

OUR CEO OUTLOOK 2003 today features the Malaysia-based CEOs of three of the largest IT corporations #8211; Datuk Wong Siew Hai of Intel Corp, Khatijah Shah of SAP, and T.F. CHONG of Hewlett-Packard (HP). The three CEOs are looking forward to 2003 as they expect a pickup in the world economy will boost spending on IT.

Business

Wooing China, Mid-East tourists

TODAY'S CEO OUTLOOK 2003 features two CEOs in the hotel sector and one in the information technology (IT) industry

Business

Foreign business news briefs

Foreign business news briefs including from New York that IBM Corp has closed a deal to sell its hard-disk drive assets to Hitachi Ltd for US$2.05bil, as part of an effort to cut non-performing assets.

Business

China venture a boon for Megan

BARELY a month has passed since Megan Media Holdings Bhd was transferred to the main board of the Kuala Lumpur Stock Exchange.

Business

Blue chip stocks take a dip

Blue chips slipped on Friday, falling over a weak earnings forecast from the world's No. 1 home-improvement retailer Home Depot Inc, but the Nasdaq managed to eke out a tiny gain, extending its 2003 rally for a second day.

Business

Konica and Minolta to merge

Konica Corp and Minolta Co, two film photography giants struggling for a foothold in the digital era, have agreed on a merger that could propel them into the big league of office machine makers.

Business

Cheam - the turnaround guy

CHEAM Tat Inn stunned the local information technology (IT) industry in early 2000 when he resigned as managing director of Compaq Computer Corp Malaysia, a position he held for only six months, to join Silicon Valley-based Arcadian Wireless Inc, a start-up.

Business

NEC Australia to supply Telekom with boadband

NEC Corp of Japan said NEC Australia Pty Ltd had won a RM16mil contract to supply Telekom Malaysia Bhd with broadband xDSL platform through Pernec Corp Bhd, NEC's joint-venture company.

Business

New waves in IT gadgets

MAJOR manufacturers of mobile phones, handhelds, notebooks and printers are optimistic of the IT gadgets market growth but have mixed feelings about fierce competition from Chinese brands.

Business

US official: More can be done to combat piracy

MALAYSIA#146;S enforcement of intellectual property rights (IPR) is commendable, but more can still be done by the government to combat the problem, according to US Department of Commerce assistant secretary for market access and compliance William H. Lash III.