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Business 06 Jan 2003 | 12:00 AM

Smaller companies head to Asia for investments

Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.

Business 12 Jan 2003 | 12:00 AM

Catering in extreme conditions

B>B/B>ILLING itself as the #8220;hotelier of extremes#8221;, France's Catering International Services (CIS) has tapped into dramatic growth feeding workers in some of the toughest locations on the planet.

Business 18 Jan 2003 | 12:00 AM

KLIA passenger traffic up 12.3%

PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.

Business 22 Jan 2003 | 12:00 AM

Founder taking popular Mecca-Cola to the Middle East

#8220;Mecca-Cola#8221; inventor Tawfik Mathlouthi is bringing his popular product to the Middle East, confident that in troubled times a politicised soft drink will sell in the heart of the Islamic world.

Business 30 Jan 2003 | 12:00 AM

Exports of Karisma to start this year

THE country#146;s first national scooter, the I>Karisma 125/I>, will be exported in nine months, according to national motorcycle distributor Edaran Modenas Sdn Bhd (Emos).

Business 01 Feb 2003 | 12:00 AM

What lies ahead for the auto sector

It was expected. Year 2002 was indeed a record-breaking year for the automobile industry. Vehicle sales grew 9.7 per cent to 434,954 units. This year too in terms of volume, most expect sales (in units) to reach an all-time high (with one or two contrarian points of view), with an estimated growth of 3.5 per cent to 4 per cent.

Business 11 Feb 2003 | 12:00 AM

Big breweries buy into Mideast malt business

They've got the body and the head of beer, the taste of a fruity soft drink and - all-important in a part of the world where Islam's ban on drinking alcohol is taken seriously by many - some even have a clerical stamp of approval.

Business 26 Mar 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including from Shanghai that Chinese carmaker SAIC-Chery, which signed a deal last month to set up a plant in Iran, is in talks to expand output into Vietnam and Bangladesh as well.

Business 27 Mar 2003 | 12:00 AM

Rafidah: Effects of war starting to impact economy

THE effects of the war in Iraq have started to be felt in the Malaysian economy with some sectors, such as shipping, beginning to encounter higher costs resulting from war risk premiums of as much as RM150 per container, according to International Trade and Industry Minister Datuk Seri Rafidah Aziz.

Business 29 Mar 2003 | 12:00 AM

Bakun in major power sale deal

THE Bakun Hydroelectric dam project would be selling more than a third of its 2,400-MW power generating capacity to the massive US$2bil aluminium smelting plant near Bintulu, under the terms of a memorandum of understanding (MoU) signed yesterday. Second Finance Minister Datuk Jamaludin Jarjis witnessed the signing.