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Business 03 Jan 2003 | 12:00 AM

Citibank buys 5% of Pudong Bank

Citibank, a unit of US financial titan Citigroup Inc, will pay about 600 million yuan (US$72mil) for a 5% stake in Shanghai Pudong Development Bank in its first strategic partnership in the potentially huge China market.

Business 04 Jan 2003 | 12:00 AM

Titan committed to growth in Malaysia

TITAN Petrochemical Polymers Bhd is fully committed to the development of the Malaysian petrochemical industry.

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 08 Jan 2003 | 12:00 AM

Africa can learn from the experience of East Asian nations

COUNTRIES in Africa can learn from the development experiences of Malaysia and other East Asian countries, said United Nations Development Programme (UNDP) Associate Administrator Zephirin Diabre.

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 22 Jan 2003 | 12:00 AM

Asia-Pac venture capital bodies formalise ties

THE Asia Pacific Venture Capital Alliance (APVCA), initially formed on the basis of informal collaboration among members, has formalised its establishment to strengthen cooperation.

Business 22 Jan 2003 | 12:00 AM

Feedback from businesses vital for WTO negotiations

BUSINESS communities have an important role in shaping their country#039;s national position for World Trade Organisation (WTO)-related issues as their inputs would help governments develop sound negotiating positions.

Business 31 Jan 2003 | 12:00 AM

MD happy with Baswell shares’ debut

SHARES of Baswell Resources Bhd enjoyed a 10-sen premium on their debut on the KLSE second board yesterday, with an initial trade of 100 lots at RM1.60, the highest for the day.

Business 18 Feb 2003 | 12:00 AM

China loosens rules on foreign investments

China's Ministry of Foreign Trade and Economic Cooperation has issued new rules to loosen restrictions on foreign investment in the country's foreign trade companies and to allow more foreign investors to set up foreign trade joint ventures in China, the I>International Business/Idaily said.

Business 18 Feb 2003 | 12:00 AM

Pensonic taps Viet home appliance market

PENSONIC Holdings Bhd has made the first move towards its goal of becoming the first Asean home electrical appliance brand by venturing into Vietnam with the recent appointment of Asia Dragon Vietnam Co Ltd as distributor for its products in the country.