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Business 04 Jan 2003 | 12:00 AM

Lessons learned from the market

The stock market is in a way, the epitome of the school of hard knocks, writes YEOH KEAT SENG.

Business 05 Jan 2003 | 12:00 AM

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 12 Jan 2003 | 12:00 AM

Only cheer from the festive overindulgence


Business 12 Jan 2003 | 12:00 AM

Laura Ashley sales down in Europe

SLUGGISH sales by its European outlets pulled down the overall performance of Laura Ashley, the Malayan United Industries Bhd-owned high street fashion company, which has joined the ranks of disappointed Christmas retailers.

Business 17 Jan 2003 | 12:00 AM

ATMs upgraded to chip-based transactions

MORE than 95% of the 3,839 automated teller machines (ATMs) in the country have been upgraded to chip-based technology, Malaysian Electronic Payment System Sdn Bhd (MEPS), the service provider and technology partner for smart card implementation for local financial institutions, said in a statement.

Business 18 Jan 2003 | 12:00 AM

Baswell is confident of furniture business

THERE are many in the furniture industry that might view the future of their business with a sour visage. With over 3,000 players in Malaysia and a likely growth of only 5 per cent per annum for the next 5 years, the threat of extinction is only too ominous.

Business 26 Jan 2003 | 12:00 AM

Festive shopping to pick up next week

Chinese New Year shopping is expected to heat up towards the end of the month with retailers expecting monthly sales to increase between 15% and 20%, Malaysian Retailer-Chains Association president Datuk Dr Chin See Keat said.

Business 28 Jan 2003 | 12:00 AM

MRA boss: Leverage on retail tech

LOCAL retailers must leverage on retail technology for their survival and to remain competitive following the entry of foreign hypermarkets into Malaysia#146;s lucrative retail sector, the Malaysian Retailers Association (MRA) president Ramli Idris said.

Business 28 Jan 2003 | 12:00 AM

Prices of plastic resins up 30%

PRICES of plastic resins, both local and imported, have increased substantially between 15% and 30% in late January this year compared with November 2002.

Business 29 Jan 2003 | 12:00 AM

US music retailers in Net joint venture

Major US music retailers have launched a service to deliver music via the Internet, a step they hope will save them from piracy that has raged on even after the demise of the Napster online song-swapping service.