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Business 05 Jan 2003 | 12:00 AM

Mekong Airlines expects profits after first year

Mekong Airlines, Cambodia#8217;s new designated carrier, targets to achieve 90% passenger load factor when it commences operations on Jan 15, said Mekong Air Services Sdn Bhd managing director Chung Leik Kok.

Business 07 Jan 2003 | 12:00 AM

PMB looking at six A380s for MAS

PENERBANGAN Malaysia Bhd (PMB), the holding company for Malaysia Airlines, is in negotiations with Airbus Industrie to buy at least six units of A380, the world#039;s largest passenger jetliner.

Business 08 Jan 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including from Jakarta that Indonesia#8217;s foreign direct investment (FDI) approvals dropped 35% to US$9.74bil in 2002 from US$15.06bil the prior year, government figures showed. State investment agency BKPM said just over 1,000 new projects were approved last year, down from 1,180 in 2001.

Business 11 Jan 2003 | 12:00 AM

Big brother is watching

THE 2001 Gene Hackman flick I>Behind Enemy Lines/Iwas an otherwise forgettable testosterone #8211; fuelled action thriller that featured the usual two-dimensional bad guys and predictable plot lines. But to Kent Kresa, 64, it #8211; or at least the 30-second scene that plugged a fictional version of technology.

Business 11 Jan 2003 | 12:00 AM

MoU to buy six A380s signed

PENERBANGAN Malaysia Bhd (PMB) signed a memorandum of understanding (MoU) yesterday with Airbus to buy six A380-800 passenger aircraft, which can cost up to US$1.5bil.

Business 17 Jan 2003 | 12:00 AM

Virgin Blue boosts fleet as it looks offshore

Discount Australian airline Virgin Blue is boosting its fleet with 10 Boeing 737-800 aircraft and an option for 40 more, as it battles Qantas Airways and targets international routes.

Business 18 Jan 2003 | 12:00 AM

MAS hits turbulence after smooth flight

The year 1990 was I>Visit Malaysia Year/I>. Planeloads of tourists were arriving and Malaysia Airlines (MAS), being the national carrier, was enjoying brisk business.

Business 25 Jan 2003 | 12:00 AM

MAS in talks to buy new Boeing planes

BOEING is in preliminary talks with Malaysian Airline System Bhd (MAS) on the possibility of supplying the national carrier with new middle-of-the-market (MOM) commercial aircraft.

Business 28 Jan 2003 | 12:00 AM

Tech chiefs see dim 2003

Technology executives have been scrambling to tone down expectations for 2003 after hard-learned lessons that their customers cannot predict the future.

Business 29 Jan 2003 | 12:00 AM

GE Plastics to spend RM3.8mil in Klang manufacturing facility upgrade

GE Plastics Malaysia will invest US$1mil (RM3.8mil) this year to upgrade its multi-walled polycarbonate sheet manufacturing facility in Klang.