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Business 01 Jan 2003 | 12:00 AM

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 01 Jan 2003 | 12:00 AM

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 04 Jan 2003 | 12:00 AM

Lessons on giving reality a twist

A LITTLE over a month ago, the chief creative officer of Lowe Partners Worldwide, Adrian Holmes, was in the city to give a back-to-basics talk titled I>Thinking Inside the Box/I>.

Business 04 Jan 2003 | 12:00 AM

KFCH to sell all non-core assets

KFC Holdings (M) Bhd (KFCH) will be selling its non-core, non-related assets including Wisma KFC,as part of its efforts to streamline operations to remain focused, said managing director Johari Abdul Ghani.

Business 04 Jan 2003 | 12:00 AM

D'Arcy to handle Time dotCom marketing jobs

D#8217;ARCY Malaysia, which is part of the Publicis Group, has been awarded Time dotCom Bhd's marketing communication business, in a multi-way shootout that includes incumbent Grey Worldwide Malaysia, Batey Ads and McCann Erickson.

Business 04 Jan 2003 | 12:00 AM

Foreign business news briefs

Foreign business news briefs including from New York that IBM Corp has closed a deal to sell its hard-disk drive assets to Hitachi Ltd for US$2.05bil, as part of an effort to cut non-performing assets.

Business 05 Jan 2003 | 12:00 AM

Trick to succeeding with teams

What made Atilla the Hun, Genghis Khan and Alexander the Great succeed? Not unsurprisingly, it is the same thing that makes modern companies successful. The answer is good teamwork with motivated leadership, of course.

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 07 Jan 2003 | 12:00 AM

Jerneh well-equipped for challenges ahead

FOR decades, general insurers in the main sounded quite confident and sanguine when it came to making business forecasts.

Business 10 Jan 2003 | 12:00 AM

Big AOL Time Warner write-down likely

AOL Time Warner Inc is expected to make another write-down of several billion dollars #8211; on top of the record US$54bil charge it took last year #8211; increasing the strain on its balance sheet, analysts and investors say.