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Business 03 Jan 2003 | 12:00 AM

Wooing China, Mid-East tourists

TODAY'S CEO OUTLOOK 2003 features two CEOs in the hotel sector and one in the information technology (IT) industry

Business 06 Jan 2003 | 12:00 AM

How sustainable is our recovery?

Going into 2003, Malaysia economic recovery is expected to be sustainable in spite of a slowing US economy. We see real GDP sustaining at 4.3% in 2003 (2002e: 4.0%).

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

Versus the CI

Liew Lai Jing and P.W. Thong write on WWC, Hong Leong Bank, Top Glove, MISC and Tanjong.

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 17 Jan 2003 | 12:00 AM

Southern Bank launches chip-credit card

SOUTHERN Bank Bhd (SBB) has launched a new chip-based credit card based on the Euro MasterCard Visa (EMV) platform, a platform that all chip-based cards worldwide are expected to migrate to by 2006 as it allows for multiple applications to be loaded and provides an extremely high level of security.

Business 18 Jan 2003 | 12:00 AM

In pursuit of transparency

THIS is a tale of two press releases. The first came out on Dec 12 and it was from the Securities Commission (SC). The other was issued a month later by Raytheon Company, a defence and aerospace systems supplier listed on the New York Stock Exchange.

Business 18 Jan 2003 | 12:00 AM

Bumpy ride for Park May

IS PARK May Bhd walking in its parent's footsteps? Last year, Renong Bhd was in danger of falling into negative shareholders' funds and had to moot a private placement to raise RM400 million to help it out of that predicament.

Business 18 Jan 2003 | 12:00 AM

Things look up for Sime Darby

SIME Darby Bhd, Malaysia's oldest conglomerate, with very diversified interest, can look forward to another good year ahead.

Business 22 Jan 2003 | 12:00 AM

Visa expects to at least maintain sales volume in Malaysia

VISA International, which attained a 30% increase in card sales volume in Malaysia for the first nine months of 2002, is confident of at least maintaining the figure, if not surpassing it, this year, said June Seah, Visa International#039;s senior manager for Asia-Pacific.