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Business

NEAC: M’sian businesses need to raise productivity further

MALAYSIAN businesses need to be more aggressive in raising their level of productivity, as well as find their niche in global markets, said National Economic Action Committee (NEAC) secretariat head Dr K. Govindan.

Business

Enriching people and brands globally

FOURTEEN year-old People #039;n Rich-H (PRH), threw a great bash over the week to celebrate its 14th anniversary and to officially announce its joint venture with Hakuhodo Inc of Japan that gives Hakuhodo a 25 per cent equity stake in People #039;n Rich#039;s advertising arm.

Business

Maxis rings up group pre-tax profit of RM1.28bil

MAXIS Communications Bhd has posted a whopping group pre-tax profit of RM1.28bil for the financial year ended Dec 31, 2002 compare with RM777.6mil in the corresponding period a year earlier.

Business

Pros & cons of measures

#8220;IT is the best the government can do in the current situation,#8221; says Alliance Merchant Bank's head of research Nor Zahidi Alias. He joins a chorus of other market observers and analysts on the recent 10-point measures to give the capital market a boost.

Business

Equity funds hope for short war

A QUICK resolution to the US-Iraq war is expected to enhance the demand for equity funds while re-ducing demand for bond and fixed income funds, according to industry players.

Business

Lion takes a bold move forward

ASK the bankers. They will tell you this about Tan Sri William Cheng. He is a staunch advocate of the rule that every sen borrowed must be repaid.

Business

Good upside potential for stocks

AT current price levels, local equities offer longer term investors generous upside potential with fairly limited downside risk, said KLSE vice-president of the securities issues division, Johan Abdullah.

Nation

Sign up, Fong tells firms

Legal action will be taken against errant employers who fail to register their companies with Human Resources Development Berhad (HRDB) by Nov 6.

Business

Property sector asks for grants, waivers

WITH the property sector expected to benefit from the government#039;s stimulus package to be announced by the Prime Minister today, players in the sector are proposing measures that range from grants to first-time house buyers to a stamp duty waiver for purchasers of residential property.

Business

Esso on track to return to the black

ESSO Malaysia Bhd is confident of returning to profitability based on its strong business fundamentals and structure, and the stabilising product supply costs, chairman Rob Fisher said.