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Business 07 Jan 2003 | 12:00 AM

Delta out to double its haulage

DELTA Haulage Transport (M) Sdn Bhd is hopeful of doubling its transport of unladen containers boxes from 700 monthly currently to 1,500 next year.

Business 07 Jan 2003 | 12:00 AM

Ling: M’sian ports need RM4b more investments

MALAYSIAN ports require investment of a further RM4bil to increase capacity and to have sufficiently trained staff to cater for the additional volume, said Transport Minister Datuk Seri Dr Ling Liong Sik.

Business 08 Jan 2003 | 12:00 AM

NOL shares sink after CEO quits abruptly

Shares in Neptune Orient Lines Ltd (NOL) sank as much as 7% yesterday after the abrupt departure of its chief executive a day earlier.

Business 09 Jan 2003 | 12:00 AM

Hefty payout seen for departing NOL chief

Loss-making Singapore flag carrier Neptune Orient Lines Ltd (NOL) could face a hefty payout after its Danish chief executive Flemming Jacobs made an abrupt departure this week, joining a growing list of foreign talent leaving underperforming state-linked companies.

Business 09 Jan 2003 | 12:00 AM

HK plans to raise taxes and trim civil service

Hong Kong Chief Executive Tung Chee-hwa announced yesterday plans to increase taxes, cut the size of the civil service and slash the pay of top officials in a bid to wipe out the territory#8217;s growing fiscal deficit.

Business 10 Jan 2003 | 12:00 AM

Hempel investing RM22mil in marine coating plant

DANISH paint maker Hempel group, through its local arm Hempel Coatings (M) Sdn Bhd, is investing RM22.4mil in a new marine coating plant in Kluang, Johor.

Business 10 Jan 2003 | 12:00 AM

MISC keen on investing in NOL subsidiary

MALAYSIA International Shipping Corp Bhd (MISC) has indicated its interest in a potential investment in American Eagle Tankers Ltd, a unit of Neptune Orient Lines Ltd (NOL), but has yet to enter into any formal agreement.

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 11 Jan 2003 | 12:00 AM

Sweeter achievement in a challenging environment

Westport has, to date, shown tremendous growth patterns, since initiating operations in 1997. Judging by the huge expansion plans the volumes should surge even further.

Business 11 Jan 2003 | 12:00 AM

Loss-making NOL to pay exiting CEO S$4.3m

Loss-making Neptune Orient Lines' (NOL) chief executive and group president Flemming Jacobs, whose sudden departure was announced earlier this week, is to receive about S$4.3mil in compensation.