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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 06 Jan 2003 | 12:00 AM

Stockwatch

Izwan Idris writes on TNB, Litrak, WCT, IOI Corp and MAS.

Business 06 Jan 2003 | 12:00 AM

Smaller companies head to Asia for investments

Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.

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 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

Silver lining for Asian carriers

THE global airline industry looks like heading into troubled skies this year with a US-Iraq war being unavoidable at this juncture, but regional airlines should do fairly well, with intra-Asian travel picking up momentum.

Business 11 Jan 2003 | 12:00 AM

MoU to buy six A380s signed

PENERBANGAN Malaysia Bhd (PMB) signed a memorandum of understanding (MoU) yesterday with Airbus to buy six A380-800 passenger aircraft, which can cost up to US$1.5bil.

Business 16 Jan 2003 | 12:00 AM

Elite seen returning to profit in current year

UNITED Engineers (M) Bhd (UEM) expects its wholly-owned subsidiary Expressway Lingkaran Tengah Sdn Bhd (Elite) to return to profitability in the current financial year ending Dec 31, UEM managing director Abdul Wahid Omar said.

Business 17 Jan 2003 | 12:00 AM

Malaysia now South-East Asia's largest Internet centre

THE number of Internet users in Malaysia jumped 35% last year to 5.7 million, making it South-East Asia#8217;s largest Internet centre.

Business 17 Jan 2003 | 12:00 AM

Siemens aims for more UMTS deals

SIEMENS AG aims to secure more universal mobile telecommunications systems (UMTS) network contracts from telecommunications firms in the Asia-Pacific region.