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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 03 Jan 2003 | 12:00 AM

Southern Steel sees better 2003 results

SOUTHERN Steel Bhd sees a 10% improvement in performance this year with the construction industry expected to make a rebound after the Chinese New Year, according to chairman Datuk Abdullah Mohd Yusof.

Business 03 Jan 2003 | 12:00 AM

Genting Sanyen moving ahead with lastest innovations

ARMED with the latest technologies and innovations from around the globe, the Genting Sanyen group is moving forward confidently to build on its vision of a #147;new generation box plant#148;, and lifting packaging standards in Malaysia to the next level.

Business 04 Jan 2003 | 12:00 AM

Mitek projects brisk sales of Matrix metal-wood roof truss system

MITEK Asia Sdn Bhd expects sales of its Matrix metal-wood roof truss system, targeted at middle-and high-cost houses and institutional buildings, to be good.

Business 07 Jan 2003 | 12:00 AM

Siemens CEO on two-day business visit to Malaysia

THE president and CEO of Siemens AG, Dr Heinrich von Pierer, arrived in Kuala Lumpur yesterday for a two-day visit during which he will have discussions with Malaysian government officials and businessmen on economic issues and possible joint ventures.

Business 08 Jan 2003 | 12:00 AM

Avenue Assets hopes to return to the black for financial year 2003

INVESTMENT holding company, Avenue Assets Bhd, expects to return to the black for the financial year (FY) ending Jan 31, 2003, its managing director Gooi Hoi Soon said.

Business 10 Jan 2003 | 12:00 AM

Nestle the popular choice for defence

NESTLE (M) Bhd has proven to be a good defensive stock that has consistently rewarded shareholders with impressive dividends.

Business 11 Jan 2003 | 12:00 AM

Urgent remedy for Actacorp

The recent restructuring scheme is expected to bear fruit as the new company would have a steady flow of income from PSC Asset Holdings' 21-storey, Menara PSCI in Penang.

Business 11 Jan 2003 | 12:00 AM

Tractors M'sia to open 3 more Cat Rental Stores

TRACTORS Malaysia Holdings Bhd will be opening 3 more Cat Rental Stores #8211; 1 each in Bintulu in May, and in Butterworth and Kuantan towards the 2nd half of this year.

Business 11 Jan 2003 | 12:00 AM

Seagate records revenue of US$1.7bil in second quarter

SEAGATE Technology Inc has reported consolidated revenue of US$1.734bil for its second fiscal quarter ended Dec 28, 2002; with its Asia-Pacific operations making the highest contribution of 34%.