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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

IJM plans to list plantation unit

IJM Corp Bhd expects to list its wholly-owned subsidiary IJM Plantations Bhd (IJMP) in three months, the timeframe usually taken by the courts to grant approval for a capital reduction exercise.

Business

Ratings

#183;MALAYSIAN Rating Corp Bhd (MARC) has assigned Islamic corporate debt ratings of I>MARC-1ID/AAAID/Ito B>SIME DARBY BHD/B>#146;s proposed RM1.5bil I>Al-Murabahah /I>commercial papers and medium-term notes.

Business

Brisk sales at Taman Tasik Indah

CRYSTAL Hill Properties Sdn Bhd has seen brisk sale of its Taman Tasik Indah project in Jalan Ipoh with 40% of 310 units of upmarket three-storey terrace houses snapped up during the pre-launch sale.

Business

Bright days ahead for Mont’ Kiara

SUNRISE Bhd, developer of the prestigious Mont#039;Kiara condominiums, is ushering in the new year with hopes of investing abroad and securing more joint-venture deals with landowners.

Business

ITU teams up with satellite consortium

THE International Telecommunication Union (ITU) is partnering Inmarsat Ltd to help promote rural telecoms and support emergency communications in least developed countries (LCD).

Business

November IPI up 6.4% to 191.5

THE Industrial Production Index (IPI) grew by 6.4% to 191.5 in November compared with a year ago, but fell 3.6% month-on-month from October.

Business

Isyoda banks on hydraulic and construction works

THE pie in the construction sector may be shrinking but there is still enough work to go around for the big as well as the small players. And with the recent announcement that more pump-priming measures are on the way, construction companies must be rubbing their hands with glee at the possibility of more opportunities.

Business

The task ahead

SISTEM Televisyen Malaysia Bhd (TV3) is nothing short of happy with the strides that it has made turning its television rating around following moves to improve content and operational efficiency over the last 12 months.

Business

Tokio Marine poised to expand into other areas

FOLLOWING its recent acquisition of the insurance business of Amanah General Insurance Bhd (AGIB) for RM93.1mil, Japan-based Tokio Marine Insurans (M) Bhd (TMIM) is setting its sights on expanding its growth in a number of key business areas.