Business Times (Malaysia) articles from March 1999

Business Times (Malaysia) archives from March 1999

BUSINESS TIMES (MALAYSIA): Bumi Unit to be one-stop information centre: SC .
March 31, 1999... THE Securities Commission (SC) yesterday announced the establishment of a special Bumiputera Unit (Bumi Unit) within the office of the chairman which will begin operations on April 1. The Bumi Unit will be a one-stop information centre...

BUSINESS TIMES (MALAYSIA): Danamodal in deal with OBB, UMF .
March 31, 1999... DANAMODAL Nasional Bhd has signed two definite agreements with Oriental Bank Bhd (OBB) and United Merchant Finance (UMF), finalising the structure of and the terms and conditions for Danamodal's capital injection into the two institutions....

BUSINESS TIMES (MALAYSIA): Pernas registers lower operating profit of RM82m .
March 31, 1999... PERNAS International Holdings Bhd recorded an operating profit before interest of RM81.9 million for the 11 months to December 31 1998 as compared to RM160.4 million for the 12 months ended January 31 1998. The reduced profit is due to...

BUSINESS TIMES (MALAYSIA): Yee Lee sees tough year .
March 31, 1999... YEE LEE Corp Bhd foresees this year as challenging year and will continue to exercise at all times, effective cashflow management and prudent strategies. According to a statement by Yee Lee, it said that the significant increase in turnover...

BUSINESS TIMES (MALAYSIA): (Appointments) .
March 31, 1999... DHL Worldwide Express Sdn Bhd recently announced the appointments of two new management staff, Ms Saraswathy Thevy and Mr Lim Kok Ean, as the district managers for Prai and Sungai Petani, and Penang, respectively. Saraswathy, in her...

BUSINESS TIMES (MALAYSIA): Polymate to expand facility to meet sales rise .
March 31, 1999... POLYMATE Holdings Bhd is to expand its manufacturing facility to cater for its large increase in export sales. "Export sales have always been the main contributor towards Automotive Battery Industries Sdn Bhd (ABI) expansion programme and...

BUSINESS TIMES (MALAYSIA): International link helps agency face slowdown .
March 31, 1999... BEING part of an international network is like being part of an extended family which is bound together by the art of sharing and support. In business, the sharing may be in the form of information and experience as is in the case of...

BUSINESS TIMES (MALAYSIA): Tapping existing strengths .
March 31, 1999... ADVERTISING and marketing is not built on big budgets. More often than not marketing objectives are met by capitalising on existing strengths and enhancing customer relations. This is especially true in the case of the East West Arcade, a...

BUSINESS TIMES (MALAYSIA): Malaysia backs Nato air strikes .
March 31, 1999... BERLIN, Tues: Malaysia has always felt that conflicts and disputes should be resolved through dialogue and negotiations instead of the use of force. However, in the case of Kosovo, it supports the North Atlantic Treaty Organisation's...

BUSINESS TIMES (MALAYSIA): Exports to sustain earnings, says firm .
March 31, 1999... KUMPULAN H&L High-Tech Bhd hopes to maintain its earnings for this year on the back of an expected improvement in overall export sales. Speaking to reporters after the company's annual general meeting yesterday, chairman and managing...

BUSINESS TIMES (MALAYSIA): (Results) .
March 31, 1999... TRADEWINDS (M) Bhd has announced a group pre-tax profit of RM60.4 million for the 11-month period to December 31 1998 on the back of a turnover of RM557.4 million. The company said in a statement that the results are not comparable with...

BUSINESS TIMES (MALAYSIA): Ministry working on details of retrenchment fund .
March 31, 1999... THE Government is all for it, but employers hold an opposing view altogether. For the workers, however, the proposed national retrenchment fund is an added security that they can do with. Human Resources Minister Datuk Lim Ah Lek will...

BUSINESS TIMES (MALAYSIA): Cagamas chalks up RM240m pre-tax profit .
March 31, 1999... NATIONAL mortgage corporation, Cagamas Bhd achieved its sixth consecutive year of strong profit growth when its registered a pre-tax profit of RM240.2 million in 1998, 38.2 per cent higher than the previous RM173.8 million. Chairman Tan...

BUSINESS TIMES (MALAYSIA): 'Reinstate GSP to crisis-hit countries' .
March 31, 1999... BERLIN, Tues: Malaysia has urged the European Union (EU) to consider reinstating tariff preferences under the Generalised System of Preferences (GSP), in light of the economic and financial crisis, to countries whose products and sectors have...

BUSINESS TIMES (MALAYSIA): Nod for issuance of transitional provisions: Board .
March 31, 1999... THE Malaysian Accounting Standards Board (MASB) has approved the issuance of transitional provisions which allows an enterprise to retain the carrying amounts on the basis of their previous revaluations. This is subject to continuity in...

BUSINESS TIMES (MALAYSIA): APL to receive award from Philips Electronics North America .
March 31, 1999... PHILIPS Electronics North America has selected APL Ltd, the global container transportation and logistics provider, to receive its first-ever International Carrier of the Year Award. In a statement released in Kuala Lumpur, APL said the...

BUSINESS TIMES (MALAYSIA): Weak Asian currencies cause sharp drop in air travel .
March 31, 1999... THE recent collapse of several Asian currencies against the US dollar has caused a sharp decline in air travel in a number of the markets to and from, and within the Asia-Pacific region but Airbus Industrie says the impact on world air...

BUSINESS TIMES (MALAYSIA): MISC posts 22.5pc rise in group pre-tax profit .
March 31, 1999... MALAYSIA International Shipping Corp Bhd (MISC) posted a 22.5 per cent rise in group pre-tax profit to RM893.95 million from RM729.85 million for the year ended December 31 1998 in spite of the continuing Asian economic difficulties,...

BUSINESS TIMES (MALAYSIA): KL to sign US$700m loan pact with 13 banks today .
March 31, 1999... MALAYSIA will sign today a US$700 million (US$1 = RM3.80) syndicated loan agreement with 13 foreign banks under the US$30 billion Miyazawa Plan. The loan is guaranteed by the Export Import (Exim) Bank of Japan. Japan Finance Ministry's...

BUSINESS TIMES (MALAYSIA): Supercomal Tech to issue 3.05m new shares .
March 31, 1999... INTEGRATED wire and cable manufacturer Supercomal Technologies Bhd, which is to be the maiden listing on the Malaysian Exchange of Securities Dealing and Automated Securities (Mesdaq), is issuing 3.05 million new shares at RM3.20 per share by...

BUSINESS TIMES (MALAYSIA): Lucent to continue investing here .
March 31, 1999... LUCENT Technologies, a US-based information technology (IT) and communications-based conglomerate, will continue to invest in Malaysia and is committed to help the country develop its IT and multimedia industry. The opening of its US$15...

BUSINESS TIMES (MALAYSIA): Players adopt wait-and-see stand .
March 31, 1999... SHARES on the Kuala Lumpur Stock Exchange (KLSE) closed mixed yesterday as players adopted the wait-and-see stand ahead of the release of the Bank Negara report today. Analysts said the Central Bank's annual report will be able to shed...

BUSINESS TIMES (MALAYSIA): Existing copyright laws to be reviewed: Minister .
March 31, 1999... A SPECIAL task force, which was set up to study the flaws in the existing copyright laws, will look into similar legislations imposed by other countries to curb piracy in intellectual property, Energy, Communications and Multimedia Minister...

BUSINESS TIMES (MALAYSIA): Economy has bottomed out, signs of recovery: Survey .
March 31, 1999... A MAJORITY of the Chinese business community are optimistic of the Malaysian economic outlook in the next two to three years, saying that the local economy has bottomed out and would not deteriorate further. The Associated Chinese Chamber...

BUSINESS TIMES (MALAYSIA): 205 firms accorded MSC status: MDC chairman .
March 31, 1999... A TOTAL of 205 companies have been accorded the Multimedia Super Corridor (MSC) status, with 29 of them are world-class information technology (IT) and multimedia companies, Multimedia Development Corp (MDC) executive chairman, Tan Sri Dr...

BUSINESS TIMES (MALAYSIA): Property shares bullish .
March 31, 1999... SINGAPORE shares kept their gains at the close of trade yesterday, with sentiment boosted by bullishness in property shares and Monday's rally on Wall Street. The property index breached a 12-month high, lifted by rises in some...

BUSINESS TIMES (MALAYSIA): German companies plan to invest RM3bn (HL) .
March 31, 1999... GERMAN companies in Malaysia have pledged new investments of up to RM3 billion over the next five years, reflecting their confidence in the country's long-term prospects as well as the economy's ability to recover from the regional crisis...

BUSINESS TIMES (MALAYSIA): 'Govt will not interfere in US chat site ban' .
March 31, 1999... THE Government will not interfere with the move implemented by a US-based website owner to ban Malaysians from using its chat sites due to the users "abusive" behaviour. Instead, Energy, Communications and Multimedia Minister Datuk Leo...

BUSINESS TIMES (MALAYSIA): Quality of site probe practices down, says CIDB .
March 31, 1999... THE quality of site investigation practices and data has deteriorated in the last decade, Works Minister Datuk Seri S. Samy Vellu said yesterday. "There are about 200 site investigation companies operating in the country and about 700...

BUSINESS TIMES (MALAYSIA): KL Mutual launches nationwide campaign .
March 31, 1999... KUALA Lumpur Mutual Fund Bhd (KL Mutual) has launched a nationwide Employees Provident Fund (EPF) campaign open to all EPF contributors with half a million worth of unit trusts and gifts in store for lucky winners. Only sales booked on...

BUSINESS TIMES (MALAYSIA): Stocks surge .
March 31, 1999... HONG Kong stocks closed sharply higher yesterday as strong futures-led buying followed early gains sparked by Wall Street, where the Dow industrials closed above the 10,000-mark overnight, brokers said. The blue chip Hang Seng Index...

BUSINESS TIMES (MALAYSIA): New industry approach to eradicate hardcore poverty .
March 31, 1999... RURAL Development Minister Datuk Annuar Musa has described the Japanese carp rearing and orchid farm projects carried out by Nishikigoi (M) Sdn Bhd in Kuala Krai, Kelantan as an example of the Government's new approach to eradicate poverty...

BUSINESS TIMES (MALAYSIA): The road less travelled .
March 31, 1999... AFTER 22 months of being embroiled in economic turmoil, everybody seems to expect Bank Negara to say something nice about the economy today, when it comes out with its annual report. Now, this may just be wishful thinking, but it could also...

BUSINESS TIMES (MALAYSIA): Slightly lower .
March 31, 1999... THE CLSA Hong Kong 'H' Index slightly closed down 0.07 per cent to 411.42 on turnover of US$10.3 million. Datang down 4.5 per cent was the active counter on turnover of US$1.6 million. Chengdu Cable up 12.5 per cent was the biggest gainer...

BUSINESS TIMES (MALAYSIA): NEAC calls for unbiased reports .
March 31, 1999... I REFER to the article entitled, "Malaysia's economic upturn fails to convince", written by Ms Sheila McNulty as published in the March 25 1999 issue of the Financial Times. The National Economic Action Council (NEAC) is again writing to...

BUSINESS TIMES (MALAYSIA): Tin .
March 31, 1999... TIN price on the Kuala Lumpur Tin Market (KLTM) closed lower at RM19.56 sen per kg, down 22 sen yesterday, weighed down by the softer performance on the London Metal Exchange (LME), a broker said. The three-month kerb on the LME closed...

BUSINESS TIMES (MALAYSIA): Rubber .
March 31, 1999... DESPITE the lower buying interest, rubber prices in the Malaysian market were mostly up yesterday on technical adjustment, a broker said. "There is no sign of trading today," said the broker. Players were still sidelined after the...

BUSINESS TIMES (MALAYSIA): Regulating a rapidly evolving IT industry .
March 31, 1999... GREEK mythology has it that one of the labours of strongman Hercules was to slay the Lernean hydra. Despite his legendary strength, the hero found the task close to impossible as everytime he cut off one of the creature's many heads, two more...

BUSINESS TIMES (MALAYSIA): Malaysia .
March 31, 1999... MAJOR currencies ended lower against the ringgit yesterday. At 5.00pm, the Japanese yen weakened against the ringgit to 3.1536/632 from 3.1955/986 last Friday while the Singapore dollar fell to RM2.1857/927 from RM2.1945/960. The...

BUSINESS TIMES (MALAYSIA): Klibor futures close higher .
March 31, 1999... THE three-month Klibor futures contracts trade on the Commodity and Monetary Exchange of Malaysia (Commex) closed higher yesterday in Kuala Lumpur. Among the traded contracts, June 99 rose two ticks to settle at 94.07 (implied yield 5.93...

BUSINESS TIMES (MALAYSIA): Socso plans to increase investment in stocks (HL) .
March 30, 1999... THE Social Security Organisation (Socso) plans to increase its investment in stocks to ride on the expected uptrend in the Kuala Lumpur Stock Exchange (KLSE). Currently, 12 per cent of its RM6.67 billion funds are invested in the KLSE....

BUSINESS TIMES (MALAYSIA): Manufacturing wage bill dips 1.1pc in 1998 .
March 30, 1999... MANUFACTURERS in Malaysia last year spent less on their wage bill compared with 1997, in line with the reduction in workers employed as companies sought to rationalise their operations. The Statistics Department's figures for...

BUSINESS TIMES (MALAYSIA): Socso expects lower worker contributions .
March 30, 1999... THE Social Security Organisation (Socso) is expecting lesser contributions this year although the number of workers registered with the organisation will increase slightly, its director-general Datuk Wan Abdul Wahab Abdullah said. Last...

BUSINESS TIMES (MALAYSIA): ASD confident of best-ever results .
March 30, 1999... AMID the slowdown of the economy, discount house Amanah Short Deposits Bhd (ASD) is confident that for the financial year just ended December 31 1998, it will announce its best ever results - most likely to double the RM15.1 million pre-tax...

BUSINESS TIMES (MALAYSIA): Visa marketing efforts pay off .
March 30, 1999... A STUDY showed that Visa products led other payment cards in travellers' purchases of core international travel and entertainment products and services worldwide. Visa Asia-Pacific's director of travel and entertainment Ms Janet Tan said this...

BUSINESS TIMES (MALAYSIA): Effectiveness of job-matching mechanism queried .
March 30, 1999... LAST year, a total of 83,865 workers were laid off in the country while vacancies reported to the Manpower Department totalled 74,610. A total of 33,345 active job-seekers were registered with the Manpower Department. Human Resources...

BUSINESS TIMES (MALAYSIA): Poverty eradication goes on, downturn or not .
March 30, 1999... OFFICIAL statistics showed that Malaysia is expected to see a rise in its poverty level from 6.7 per cent last year to 8 per cent this year. Poor households in the country are expected to increase by 22 per cent while the incidence of...

BUSINESS TIMES (MALAYSIA): RHB unit in drive to woo European investors .
March 30, 1999... THE far-flung outpost of London-based Rashid Hussain Securities Ltd (RHSL) will continue to maintain its position as a leading stockbroking and research agency in Europe, and one of the few specialising in the Asean market. RHB Capital...

BUSINESS TIMES (MALAYSIA): H&L High-Tech targets ISO status .
March 30, 1999... H&L High-Tech Bhd expects operating conditions in the coming year to remain challenging and performance to be comparable to that achieved in the last financial year. "The Malaysian Government's introduction of selective currency controls...

BUSINESS TIMES (MALAYSIA): Arus Murni to diversify activities with acquisitions .
March 30, 1999... ARUS Murni Sdn Bhd's acquisition of shares in Saujaran Holdings Sdn Bhd (SHSB) for RM170.64 million, and Mother Earth Resources & Timber Sdn Bhd (MERT) for RM50.77 million will allow it to diversify group activities away from the financial...

BUSINESS TIMES (MALAYSIA): (Boardroom) .
March 30, 1999... MERGE Energy Bhd has appointed non-executive director Wan Mohd Hanafiah Wan Mohd Saman and executive director Jamal Mohd Aris as new members of the audit committee. Mr Teh Kok Leong has been appointed as the chairman of the committee....

BUSINESS TIMES (MALAYSIA): (Results) .
March 30, 1999... KHIND Holdings Bhd posted a group pre-tax profit of RM10.13 milllion for the year ended December 31 1998 on group turnover of RM77.36 million. Group after-tax profit was RM7.82 million, while group earnings per share was 34.17 sen. ...

BUSINESS TIMES (MALAYSIA): Mediterranean cruise set for further growth .
March 30, 1999... THE Mediterranean cruise sector, which has enjoyed continued success in terms of overall expansion in recent years, is set for further growth over the next five years, according to UK-based Ocean Shipping Consultants Ltd. Based on...

BUSINESS TIMES (MALAYSIA): Euro-Asian free trade zone proposed .
March 30, 1999... BERLIN, Mon: German Foreign Minister Joschka Fischer has suggested an even more ambitious goal for the 25-member Asia Europe grouping in the form of a Euro-Asian free trade zone. While not providing details, he noted that despite the...

BUSINESS TIMES (MALAYSIA): BP Amoco boss optimistic of oil industry here .
March 30, 1999... BP AMOCO Companies Malaysia chief executive Peter Wentworth is optimistic of the oil and gas industry in Malaysia with the presence of the world's three big players in the country. "The oil industry in Malaysia is well represented by the...

BUSINESS TIMES (MALAYSIA): Litrak willing to build elevated interchange: Samy Vellu .
March 30, 1999... TO PUT an end to the problems and controversy as a result of the temporary U-turn at Kelana Jaya, Damansara-Puchong Expressway (LDP) concessionaire Lingkaran Trans Kota Holdings Bhd (Litrak) has expressed willingness to take up the...

BUSINESS TIMES (MALAYSIA): Johor's 2nd port prepares for ops .
March 30, 1999... RECENT events in Malaysia may have cast some uncertainty over the fate of Johor's second port in Tanjung Pelepas, but a top official said it remains a sure thing. The new container port is totally geared up to begin commercial operations...

BUSINESS TIMES (MALAYSIA): Issuance of digital certs to hit 10,000 mark .
March 30, 1999... ADVANCING the development of e-commerce, MasterCard International announced that it envisages the issuance of digital certificates to more than 10,000 MasterCard cardholders by the year end, through Hong Leong Bank. This initiative comes...

BUSINESS TIMES (MALAYSIA): Northern Telecom aims to create unified network .
March 30, 1999... CANADIAN telecommunications equipment maker Northern Telecom Ltd is committed to develop a "unified data and telephony network" for all the major communications carriers. With the unified network, businesses will have the opportunity to...

BUSINESS TIMES (MALAYSIA): 3Com says VPN allows firms to reap benefits .
March 30, 1999... IN BUSINESS today, which has become more global, and where companies have become more connected while their executives are more mobile than ever before, there is a desperate need for cost-effective means of communication, as without them, the...

BUSINESS TIMES (MALAYSIA): New Tivoli, Symantec venture .
March 30, 1999... SOFTWARE companies Tivoli Systems and Symantec have announced the building of the new Tivoli Manager for Norton 2000 IT Director Edition with Symantec's Norton 2000 Corporate Edition. Tivoli Manager provides the tools for IT managers to...

BUSINESS TIMES (MALAYSIA): BizTone signs first deal with US firm .
March 30, 1999... MSC company, BizTone Sdn Bhd, which pioneers the software rental business, announced that it has signed on its first major account in the US. San Francisco-based despatchNet.com Inc , which develops software for the courier, car service,...

BUSINESS TIMES (MALAYSIA): When less is more .
March 30, 1999... AS FAR as the soon-to-be-launched Malaysian Communications and Multimedia Commission is concerned, less is more. In terms of regulation, that is. Its executive chairman Datuk Syed Hussein Mohamed stressed this point at an interview with...

BUSINESS TIMES (MALAYSIA): Xircom launches program .
March 30, 1999... XIRCOM Asia Pacific, which markets Xircom's range of PC cards for portable computers to fax and connect to networks and the Internet, has launched the Xcessories Fulfilment Program, which makes it easier for Xircom PC card users to buy spare...

BUSINESS TIMES (MALAYSIA): 'Psion palmtops functional' .
March 30, 1999... PSION, a maker of palmtop computers, announced that PsiWin 2.2, a software that enables its devices to interact with the PC, has received full Windows 98 certification. This means Microsoft has verified that Psion palmtops are "fully...

BUSINESS TIMES (MALAYSIA): Avert alerts users of PE .
March 30, 1999... AVERT, the Anti-Virus Emergency Response Team of software company Network Associates, advises computer users to watchout for the CIH 1.2 computer virus that affects PCs. Also called the PE-CIH.spacefiller Win32/CIH virus, it is scheduled to...

BUSINESS TIMES (MALAYSIA): FedEx-Intershop alliance .
March 30, 1999... FEDERAL Express Corp and Intershop Communications, a specialist in e- commerce software, have gone into a strategic alliance which makes Intershop the "preferred e-commerce solutions provider for FedEx in the Asia Pacific". With that, FedEx...

BUSINESS TIMES (MALAYSIA): Kasturi merges all courses .
March 30, 1999... KOLEJ Kasturi has integrated all its business and accounting courses with Microsoft's Press training programme. These include its Association of Business Executives (ABE), London Chamber of Commerce and Industry (LCCI) and Chartered Institute...

BUSINESS TIMES (MALAYSIA): (Advanced Micro Devices) .
March 30, 1999... ADVANCED Micro Devices (AMD) has promoted Kelvin Ong to director of Distribution Operation, Asia Pacific. In this capacity, he will be responsible for overseeing all sales distribution operation in the Asia Pacific, which includes China,...

BUSINESS TIMES (MALAYSIA): US must settle debt to UN .
March 30, 1999... IN OUR report "High time US settles its massive debts to the UN" which appeared yesterday, the third paragraph should read "... it could even be possible that the US may choose to arm the Kosovo Liberation Army (KLA) in order to enable it to...

BUSINESS TIMES (MALAYSIA): Find swift solution to wage woes .
March 30, 1999... WHATEVER has been said about trade unions in this country, nobody can accuse them of being selfish when it comes to making wage demands in these difficult times. Industrial Relations Department director-general Ismail Abdul Rahim readily...

BUSINESS TIMES (MALAYSIA): Shares fall 1.1pc .
March 30, 1999... HONG Kong share prices fell 1.1 per cent yesterday on a lack of fresh incentives ahead of the expiry of the March futures contract, dealers said. "There is no buying interest due to futures expiration. It is quiet with no new...

BUSINESS TIMES (MALAYSIA): Index down 3.86pc .
March 30, 1999... THE CLSA Hong Kong 'H' Index closed down 3.86 per cent to 411.71 on turnover of US$13.8 million. Yizheng Chemical up 2.7 per cent was the most active counter on turnover of US$2.4 million. Beiren Printing up 4.9 per cent was the best...

BUSINESS TIMES (MALAYSIA): Mart likely to trade higher .
March 30, 1999... Long term: Bearish. Short term: Higher at first, then a relapse into range-trading Momentum index: - 226 Relative strength index: 49 Observations: The CPO futures market climbed higher at first in follow- through buying...

BUSINESS TIMES (MALAYSIA): KYMM aims to stay key player in industry .
March 30, 1999... KYMM Holdings Bhd's immediate plan of action is to maintain its position as a key player in the corrugated and paper bag industry. In his annual statement, KYMM executive chairman Lim Kheng Yew says the company is continuing with its...

BUSINESS TIMES (MALAYSIA): Asia-Pacific 'best growth potential area' .
March 29, 1999... GERMAN chemical group BASF Aktiengesellschaft has reasons to believe that Asia-Pacific is still the region with the best mid- and long-term growth potential, says a member of the BASF board of executive directors, Mr Jurgen Hambrecht. ...

BUSINESS TIMES (MALAYSIA): MIA: Lower or abolish levy for new funds .
March 29, 1999... THE Malaysian Investors Association (MIA) is to suggest to the Government to lower or abolish the exit levy for new funds brought in on or after February 15. Speaking to reporters at the MIA's annual general meeting on Saturday, its...

BUSINESS TIMES (MALAYSIA): 'Unions not demanding unreasonable wage increments' .
March 29, 1999... TRADE unions are more aware now of the current economic situation and are not demanding unreasonable wage increments, Industrial Relations Department director-general Ismail Abdul Rahim said. He said in negotiating for new collective...

BUSINESS TIMES (MALAYSIA): Emphasis on petrochem to continue: BP Amoco (HL) .
March 29, 1999... BP AMOCO Companies Malaysia says it will continue to have an "ever- increasing" investment portfolio in the country. Chief executive Peter M. Wentworth said 80 per cent of BP Amoco's investments in Malaysia is in petrochemicals and only...

BUSINESS TIMES (MALAYSIA): MEF training workshops catch on .
March 29, 1999... THE number of participants at the training workshops organised by the Malaysian Employers Federation (MEF) has been picking up since early this year, another sign that the economy is improving. MEF associate consultants who conduct the...

BUSINESS TIMES (MALAYSIA): 'Lack of access to financial aid still the main problem' .
March 29, 1999... THE lack of access to financial assistance is one of the main problems faced by the Indian business community especially those operating small enterprises. Malaysian Associated Indian Chamber of Commerce and Industry (MAICCI) president...

BUSINESS TIMES (MALAYSIA): 'Don't go to errant outlets' .
March 29, 1999... POLICE have advised the public not to patronise errant entertainment outlets to avoid inconveniencing themselves during police raids. "This is because those picked up will be taken to the police station for investigation and the process takes...

BUSINESS TIMES (MALAYSIA): JW Marriott - a touch of classical Europe .
March 29, 1999... SITUATED in the heart of Kuala Lumpur at Jalan Bukit Bintang, JW Marriott Hotel Kuala Lumpur adds a touch of Europe to the premier shopping district of the city. JW Marriott has adopted a classical European theme, making one go back in...

BUSINESS TIMES (MALAYSIA): Guests can now shop around for best deals .
March 29, 1999... HOTEL guests are having a field day negotiating room rates as more and more hotels are offering accommodation at bargainable prices. JW Marriott Hotel general manager Simon Jongert said consumers are given more choices now as they can...