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Business 03 Jan 2003 | 12:00 AM

Salcon out to double profit

WATER engineering specialist Salcon Engineering Bhd, a 51% subsidiary of Kumpulan Emas Bhd, is targeting to double its pre-tax profit and turnover to RM36.4mil and RM337mil respectively, for the financial year ending July 31.

Business 05 Jan 2003 | 12:00 AM

Fast-food and movies at TikTok DVD shops

McDonald's Corp has put a fast-food twist on dinner and a movie, installing DVD-rental machines outside some of its restaurants, the latest move in its efforts to attract more customers.

Business 06 Jan 2003 | 12:00 AM

No regrets becoming a hotelier

ALEXANDER Jovanovic, who studied to be a registered nurse in Australia, ended up instead working as a hotelier.

Business 08 Jan 2003 | 12:00 AM

Baswell confident of hitting revenue target

RUBBERWOOD furniture maker Baswell Resources Bhd, which is en route to a listing on the KLSE second board, is confident of meeting its revenue target of RM64mil for its financial year ending Sept 30, 2003.

Business 11 Jan 2003 | 12:00 AM

MDV aims to okay RM800mil loans

MALAYSIA Debt Ventures Bhd (MDV), a debt financier and development facilitator for information and communications technology (ICT) companies, aims to approve loans totalling over RM800mil to information technology (IT)-related firms incorporated in Malaysia by the end of this year.

Business 18 Jan 2003 | 12:00 AM

The light shop

Johan Fernandez surveys a light shop in Newe Jersey run by a Malaysian woman who prides herself in promoting and selling mostly Malaysian products.

Business 18 Jan 2003 | 12:00 AM

SterilGamma ready to spread wings to China

INTEGRATED one-stop sterilisation and logistics service provider SterilGamma (M) Sdn Bhd, en route to a listing on Mesdaq by the end of this year, is ready to spread its wings to China

Business 22 Jan 2003 | 12:00 AM

EPF plans to invest RM130mil in IT to improve service

THE Employees Provident Fund (EPF) plans to invest about RM130mil in information technology (IT) over the next three years to provide better service to its 10.3 million members and 340,000 contributing employers, said deputy chief executive officer II Rusma Ibrahim.

Business 24 Jan 2003 | 12:00 AM

MAS expects 15% cargo growth

MALAYSIA Airlines expects its air cargo division, Malaysia Airlines Cargo Sdn Bhd (MASkargo), to register at least 15% growth in cargo volume this year, senior general manager (cargo) J. J. Ong said.

Business 24 Jan 2003 | 12:00 AM

Response good to Symphony House IPO

SYMPHONY House Bhd, which is en route to a listing on the KLSE Mesdaq market, has secured an oversubscription rate of 1.39 times for the five million shares available to the public in its initial public offering (IPO).