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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.
Southern Steel sees better 2003 results
SOUTHERN Steel Bhd sees a 10% improvement in performance this year with the construction industry expected to make a rebound after the Chinese New Year, according to chairman Datuk Abdullah Mohd Yusof.
Genting Sanyen moving ahead with lastest innovations
ARMED with the latest technologies and innovations from around the globe, the Genting Sanyen group is moving forward confidently to build on its vision of a #147;new generation box plant#148;, and lifting packaging standards in Malaysia to the next level.
Mitek projects brisk sales of Matrix metal-wood roof truss system
MITEK Asia Sdn Bhd expects sales of its Matrix metal-wood roof truss system, targeted at middle-and high-cost houses and institutional buildings, to be good.
Siemens CEO on two-day business visit to Malaysia
THE president and CEO of Siemens AG, Dr Heinrich von Pierer, arrived in Kuala Lumpur yesterday for a two-day visit during which he will have discussions with Malaysian government officials and businessmen on economic issues and possible joint ventures.
Avenue Assets hopes to return to the black for financial year 2003
INVESTMENT holding company, Avenue Assets Bhd, expects to return to the black for the financial year (FY) ending Jan 31, 2003, its managing director Gooi Hoi Soon said.
Nestle the popular choice for defence
NESTLE (M) Bhd has proven to be a good defensive stock that has consistently rewarded shareholders with impressive dividends.
Urgent remedy for Actacorp
The recent restructuring scheme is expected to bear fruit as the new company would have a steady flow of income from PSC Asset Holdings' 21-storey, Menara PSCI in Penang.
Tractors M'sia to open 3 more Cat Rental Stores
TRACTORS Malaysia Holdings Bhd will be opening 3 more Cat Rental Stores #8211; 1 each in Bintulu in May, and in Butterworth and Kuantan towards the 2nd half of this year.
Seagate records revenue of US$1.7bil in second quarter
SEAGATE Technology Inc has reported consolidated revenue of US$1.734bil for its second fiscal quarter ended Dec 28, 2002; with its Asia-Pacific operations making the highest contribution of 34%.