BERNAMA The Malaysian National News Agency articles from February 2000

BERNAMA The Malaysian National News Agency archives from February 2000

START ON PROJECTS, IMT-GT MOU SIGNATORIES URGED.
February 29, 2000... From M.Hamzah Jamaludddin HADYAI, Feb 29 (Bernama) -- Signatories of the memorandum of understandings (MoUs) under the Indonesian-Malaysian-Thailand Growth Triangle (IMT-GT) sub-regional economic cooperation have been urged to find ways...

AMO AIMS TO TRIPLE ITS ECnet HUBS THIS YEAR.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Advanced Manufacturing Online (AMO), a provider of e-commerce solutions for high technology manufacturing, targets to triple the number of manufacturing companies subscribing as hubs to its ECnet service this...

CI STEADY IN MID-AFTERNOON WITH TELEKOM SUPPORT.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The benchmark Composite Index (CI) managed to stay steady in mid-afternoon due to gains on Telekom shares, a dealer said. Despite concerns highlighted by analysts on prospects of lower-than- expected...

TNT SET TO BECOME GLOBAL LEADER IN DEMAND CHAIN MANAGEMENT.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- TNT, the global provider of mail, express and logistics services, today announced that it will launch @TNT, a newly-designed demand chain management system in the second half of this year. It said in a...

SUNWAY VENTURES INTO MEDICAL SECTOR WITH RM100 MLN MEDICAL CENTRE.
February 29, 2000... PETALING JAYA, Feb 29 (BERNAMA) -- Well-known property and construction firm, Sunway Group, now aims to become one of Malaysia's leading private medical groups by investing RM100 million to build the Sunway Medical Centre here. "Our...

SONY RECALLS INFOLITHIUM ION BATTERY PACKS.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Sony (Malaysia) Sdn Bhd is recalling its InfoLithium Ion battery packs, models NP-F750 and NP-F550, manufactured in Japan between March 1999 and May 1999 after tests in Japan discovered some of these battery...

KLSE UPDATE: 5:00 PM.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- At 5:00 pm today, there were 216 gainers, 534 losers and 103 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 982.24 down 1.53 points, the Emas Index was at 255.51 down 0.76...

PEG SIGNS MOU FOR IT LINK UP WITH THAILAND'S SATHYA SCHOOL.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The APEC Business Advisory Council (ABAC) meeting in Bangkok today witnessed the signing of a memorandum of understanding by the APEC Partnership for Equitable Growth (PEG) to provide computers and implement...

KL SHARES RECOUP EARLIER LOSSES, BLUECHIP BUYING SUPPORTS CI.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- KL share prices ended mostly lower today but managed to recoup earlier losses with local funds providing support on bluechip issues in late trading, a dealer said. This recovery was spurred mainly by...

OOCL WANTS TO SEE PORT KLANG AS ONE OF ITS TRANSPORTATION HUBS.
February 29, 2000... PUTRAJAYA, Feb 29 (Bernama) -- Orient Overseas Container Line (OOCL), a Hong Kong-based global container transportation company, is keen to make Port Klang one of its transportation hubs, said OCCL (Asia Pacific) Ltd's managing director, Jim...

PUNCAK NIAGA'S PRE-TAX PROFIT UP 79.5 PCT TO RM102.76 MLN.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Puncak Niaga Holdings Bhd, which is involved in the operation, maintenance, construction, rehabilitation and refurbishment of water treatment facilities, has chalked up a 79.5 percent jump in pre-tax profit...

MALAYSIA CAN SUSTAIN ECONOMIC MOMENTUM, SAY ANALYSTS.
February 29, 2000... SINGAPORE, Feb 29 (Bernama) -- Malaysia's latest economic figures including a stronger-than-expected fourth quarter growth capping a 5.4 percent rebound in its Gross Domestic Product (GDP) last year has buoyed forecasts that it will be able...

PERNAS TURNS AROUND FROM A LOSS TO PROFIT IN FY '99.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Pernas International Holdings Bhd turned around to chalk up a group pre-tax profit of RM26.5 million for the financial year ended Dec 31, 1999 from a loss of RM128.4 million a year earlier. This was...

KLCI FUTURES CLOSE MIX.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The Kuala Lumpur Composite Index futures traded on the Kuala Lumpur Options and Financial Futures Exchange (KLOFFE) closed mixed today. Feb 2000 contract ended 11.7 points lower at 975.8 (settlement at...

RM566 MILLION PRE-TAX PROFIT FOR MAGNUM.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Magnum Corporation Bhd posted a group pre-tax profit of RM566.243 million for the year ended Dec 31, 1999, reversing the huge loss of RM296.528 million recorded in the previous year. However, the group...

MAS RETURNS IN THE BLACK, PRE-TAX PROFIT AT RM60.95 MLN.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Malaysian Airline System Bhd (MAS) has returned in the black with a pre-tax profit of RM60.95 million registered for the nine months ended Dec 31, 1999, after suffering a pre-tax loss of RM702.66 million in...

KUB MALAYSIA RETURNS TO BLACK IN FY 99.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- KUB Malaysia Bhd chalked up a pre-tax profit of RM133.533 million for the financial year ended Dec 31, 1999 compared with a loss of RM59.186 million in the year before. Sales, however, was down to...

BHL PRE-TAX SOARS TO RM83.230 MILLION.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Ban Hin Lee Bank Bhd (BHL) pre-tax profit for the year ended December 31, 1999 increased to RM83.230 million from RM45.837 million in the previous year. However, its turnover decreased to RM433.677...

M'SIAN COMPANY GETS AIRPORT CONCESSION IN SOUTH AFRICA.
February 29, 2000... From Arul Rajoo PIETERSBURG, South Africa, Feb 29 (Bernama) -- Malaysia's Penambang Group has been awarded a 50-year concession to manage the Pietersburg Gateway International Airport under South Africa's first airport privatisation...

TELEKOM MALAYSIA OPTIMISTIC OF IMPROVED EARNINGS.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Telekom Malaysia Bhd, the premier telecommunications provider in Malaysia, has registered a 47 percent drop in group pre-tax profit to RM884.2 million for the financial year ended Dec 31, 1999 but is,...

MULTI-PURPOSE CHALKS UP STERLING RESULTS IN FY 99.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Multi-Purpose Holdings Bhd (MPHB) achieved a group pre-tax profit of RM249.24 million for the financial year ended Dec 31, 1999, a solid reversal from the loss of RM551.98 million incurred a year earlier. ...

TELEKOM TO TURN AROUND MOBIKOM BY 2003, NO PLANS TO SHUT OFF OPERATION.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Telekom Malaysia Bhd plans to turn around Mobikom Sdn Bhd from a loss-making cellular subsidiary into a profitable one by 2003, said its chief executive Datuk Wira Mohamed Said Mohamed Ali today. ...

HALIM: RESTRUCTURING PLANS BEARING FRUITS, RENONG BACK ON TRACK.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Renong Bhd today reported a pre-tax profit of RM173 million for the first half year ended Dec 31, 1999 versus a loss of RM1.26 billion in the previous year's corresponding period. For the second quarter...

TAKAFUL MALAYSIA EXPECTS HIGHER PREMIUM INCOME.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Syarikat Takaful Malaysia Bhd (Takaful Malaysia) expects its premium income to rise from the family takaful insurance and general takaful insurance for the year ending June 30, 2000, said its chief executive...

SANUSI JUNID APPOINTED IIUM PRESIDENT.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Former Kedah Menteri Besar Tan Sri Sanusi Junid has been appointed the fourth president of the International Islamic University Malaysia (IIUM). IIUM Rector Prof M Kamal Hassan, in a statement here today,...

MUHAMMAD IS OURS - KELANTAN BA.
February 29, 2000... KOTA BAHARU, Feb 29 (Bernama) -- The Kelantan BA will not release shuttler Muhammad Hashim to play for other teams, said association secretary Nik Ariff Nik Mansor. "This is the final decision by the Kelantan BA," he said when contacted...

BB-RATED COMPANIES CAN ALSO RAISE BONDS.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The Ministry of Finance (MOF) said BB-rated companies could also raise capital through the issuance of bonds and that this would not be confined to BBB-rated companies. The move was aimed at widening the...

GIRL DEFENDS HERSELF ON INCEST CHARGE.
February 29, 2000... KOTA BAHARU, Feb 29 (Bernama) -- A 17-year-old girl elected to defend herself in the Syariah High Court here today on a charge to committing incest with her father. She is charged with committing the offence at a house in Jalan Dusun...

FIVE DETAINED OVER ROBBERY AT JEWELLERY-PROCESSING HOUSE.
February 29, 2000... PETALING JAYA, Feb 29 (Bernama) -- The police have detained five men suspected to be involved in last Sunday's robbery at a processing house in Subang Jaya, involving some RM50,000 worth jewellery. Petaling Jaya OCPD Datuk Dell Akbar...

SABAH KARATE BODIES TOLD TO MERGE.
February 29, 2000... KOTA KINABALU, Feb 29 (Bernama) -- The Sabah Karate Association (SKA) and Association of Shotokon Karate Sabah (ASK) have been told to reunite in order to form strong team for the 9th Malaysia Games (Sukma) which the state will host in 2002....

RINGGIT ENDS MIXED AGAINST MAJOR CURRENCIES.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The ringgit finished mixed against major currencies today. Against the Japanese yen, the ringgit reversed yesterday's rise to end lower at 3.4566/607 from 3.4813/832. A dealer said the US dollar rose...

STRONG WINDS AND ROUGH SEAS IN COASTAL WATERS OF EAST COST.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The strong winds and rough seas warning in the coastal waters of the east coast of Peninsular Malaysia has been extended until 8pm on Thursday, the Meteorological Department said today. The warning was...

INTERBANK RATES FLAT TODAY.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The local interbank rate was flat today with Bank Negara Malaysia bent on leaving the one-month and two-month rates at current levels, dealers said. The central bank had ealier today said it would mop up...

PAHANG NOT AFFECTED BY TUAN KAMREE'S WALKOUT - JAMAL.
February 29, 2000... KUANTAN, Feb 29 (bernama) -- The surprise walkout by Tuan Kamree Tuan Yahya will not affect preparations by the Pahang M-League squad, said Pahang FA vice-president Datuk Jamal Nasir Ismail. He said Pahang had able replacements to fill...

BANK NEGARA EXCHANGE RATES: FEB 29.
February 29, 2000... THE FOLLOWING IS THE BEST QUOTATIONS AVAILABLE FROM COMMERCIAL BANKS IN KUALA LUMPUR AT 12.00 NOON TODAY, ISSUED BY BANK NEGARA: (UNITS OF FOREIGN CURRENCY PER UNIT OF MALAYSIAN RINGGIT) (BUYING TT/O.D) (SELLING O.D) US DOLLAR:...

SNAKE TRADER ARRESTED FOR SMUGGLING 2,000 SNAKES.
February 29, 2000... ALOR SETAR, Feb 29 (Bernama) -- Wildlife Protection and National Parks Department (Perhilitan) officers intercepted a lorry carrying 2,000 live snakes and arrested a snake trader on the Bukit Kayu Hitam Highway near Jitra here last night. ...

KLIBOR FUTURES END HIGHER.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Three-month Klibor futures contracts on the Commodity and Monetary Exchange of Malaysia (Commex) closed higher today. A dealer said investors were cautiously buying the futures on anticipation of...

SOLUTION IN SIGHT FOR MAAU CONTROVERSY.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The crisis with regard to certain appointments in the Malaysian Amateur Athletics Union (MAAU) looks likely to be resolved soon following a meeting today. "We have found the best formula to end this...

SPORTS: MOTORING-TUNKU MUDZAFFAR ELECTED UAM VICE CHAIRMAN.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Automobile Association of Malaysia (AAM) chairman Tunku Mudzaffar Tunku Mustapha has been elected vice-chairman of the Asian Motorcycle Union (UAM). The UAM, formed in 1998, is the governing body for all...

FILIPINO AND INDONESIAN ILLEGALS DEPORTED.
February 29, 2000... KOTA KINABALU, Feb 29 (BERNAMA) -- Some 975 illegal immigrants from the Philippines and Indonesia were today deported from Sabah. Federal Special Task Force (Sabah and Labuan) prevention unit assistant director ACP Suhaimi Mohamed Ali...

KEDAH PLANS TO DEVELOP ECO-TOURISM AT BERIS DAM.
February 29, 2000... SUNGAI PETANI, Feb 29 (Bernama) -- The Kedah government plans to develop eco-tourism at the proposed Beris Dam, Menteri Besar Datuk Seri Syed Razak Syed Zain said today. The state government welcomed investors to participate in the...

CPO FUTURES FINISH SLIGHTLY STEADIER.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Crude palm oil futures contracts on the Commodity and Monetary Exchange of Malaysia (COMMEX) ended slightly steadier today due to short covering activities. A dealer said trading sentiment improved on...

MIC SEEKS GOVERNMENT INTERVENTION ON ESTATE PROBLEMS.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- MIC is seeking the government's intervention to solve the many problems besetting some 200,000 estate workers in the country, said party president Datuk Seri S Samy Vellu. He said a report on estate...

CARNIVAL TRADERS MUST LIVE UP TO THEIR END OF BARGAIN.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Steps will be taken to ensure that only quality goods are sold at government-sanctioned shopping carnivals, Domestic Trade and Consumer Affairs Minister Tan Sri Muhyiddin Yassin said today. Traders and...

MINIMUM WAGE PROPOSAL COUNTER-PRODUCTIVE, SAYS MEF.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The Malaysian Employers Federation (MEF) said today the proposal to implement a national minimum wage is counter-productive as it can allegedly lead to erosion of competitiveness. MEF executive director...

COURT: GERMAN CHARGED WITH IMPERSONATING DOCTOR.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- A German national pleaded not guilty in the Sessions Court here today with cheating a bank branch manager by impersonating a doctor. Frank Stefan Gerold, 44, of Subang Jaya, is alleged to have cheated...

PERLIS UMNO TO NOMINATE MAHATHIR AND ABDULLAH.
February 29, 2000... KANGAR, Feb 29 (Bernama) -- Perlis Umno has decided to nominate Datuk Seri Dr Mahathir Mohamad for the party presidency and Datuk Seri Abdullah Ahmad Badawi for the deputy presidency. Menteri Besar and state Umno chief Datuk Seri Shahidan...

ABDULLAH SAYS HE IS NOT "HABIBIE".
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Datuk Seri Abdullah Ahmad Badawi said today there is no question of his having a "Habibie syndrome" as a result of his close relationship with Prime Minister Datuk Seri Dr Mahathir Mohamad. The deputy...

INDUSTRIAL WASTE TREATMENT AND DISPOSAL REGULATIONS TO BE REVIEWED.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The Industrial Waste Treatment and Disposal Regulations will be reviewed, said Science, Technology and Environment Minister Datuk Law Hieng Ding. "The Regulations were drawn up 21 years ago and the review...

PARLIAMENT: SEXIST REMARKS ISSUE CLOSED, SAYS ZAHIR.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Dewan Rakyat Speaker Tun Mohamed Zahir Ismail today regarded the issue of sexist remarks closed when he granted Thong Fah Chong (BN-Ipoh Timur)'s request to make correction to the Feb 21 Hansard. "I hope...

MORE FREQUENT IMT-GT BUSINESS COUNCIL MEETING PROPOSED.
February 29, 2000... HAT YAI, Feb 29 (Bernama) -- The head of the Malaysian delegation to the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Business Council gathering tonight proposed that the council arrange more frequent meetings to create more...

12 TEAMS FOR NATIONAL UNDER-15 HOCKEY MEET.
February 29, 2000... KUALA TERENGGANU, Feb 28 (Bernama) -- Twelve teams will participate in the national under-15 boy's hockey tournament to be held here from March 3 to 11, said Terengganu Hockey Association president Datuk Abu Bakar Daud. He said here...

TWO BROTHERS PLEAD NOT GUILTY TO ROBBERY CHARGES.
February 29, 2000... KUCHING, Feb 29 (Bernama) -- Two brothers pleaded not guilty in the Magistrate's Court here today to separate charges of committing robbery at knife-point at the Kuching Waterfront here two weeks ago. A 17-year-old labourer and an...

MARA TO SPONSOR MORE STUDENTS ABROAD THIS YEAR.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The country's rebounding economy and improved financial standing is permitting Mara to double to 500 the number of its sponsored students overseas this year. Entrepreneur Development Minister Datuk...

M'SIA STAYS FREE OF Y2K LEAP-YEAR BUG, SAYS OPS CENTRE.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Malaysia completed the rollover into leap year 2000 today without any reports of systems disruption due to the so-called millennium bug. "As at 12.30 this morning the National Operations Centre has not...

P'PINES TO RAISE TRADE ROW ISSUE WITH WTO.
February 29, 2000... MANILA Feb 29 (Bernama) -- The Philippines will go to the World Trade Organisation (WTO) should it fail to settle its festering trade row with Australia, an official said today. Presidential spokesman Jerry Barican said the problem is...

KLCI FUTURES CLOSE MIXED AT MIDDAY.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The Kuala Lumpur Composite Index futures on the Kuala Lumpur Options and Financial Futures Exchange (KLOFFE) closed mixed at midday today. A dealer said near term contracts were lower at between five and...

HIGH COURT POSTPONES EVICTION CASE TO MARCH 6.
February 29, 2000... KUCHING, Feb 29 (Bernama) -- The High Court here today adjourned to March 6 this year the hearing of a case to evict 20 people from a piece of land formerly owned by the state at Jalan Petanak here. Justice Datuk Ian Chin allowed the...

TEN MORE INDUSTRIAL INSTITUTES TO BE BUILT UNDER 8TH MALAYSIA PLAN.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The government plans to build 10 more industrial training institutes (ITI) under the Eighth Malaysia Plan, Human Resources Minister Datuk Dr Fong Chan Onn said today. He said the move, which would cost...

NOMINATE ABDUL AZIM FOR SUPREME COUNCIL, SAYS FT YOUTH.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The Federal Territory Umno Youth has urged all the 165 Umno divisions to nominate Youth Exco member Abdul Azim Mohamed Zabidi as the movement's sole candidate to contest a Supreme Council (MT) seat in the May...

TH GROUP REVERSES FINANCIAL POSITION TO RECORD IMPRESSIVE PROFITS.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Main-board listed TH Group Bhd recorded an unaudited pre-tax profit of RM66 million for the sixteen months ended Dec 31, 1999, substantially reversing the financial position of the group since it took over...

AMCORP'S POST RESTRUCTURING FAIR VALUE RM7.80 PER SHARE, SAYS DKBR.
February 29, 2000... KUALA LUMPUR, Feb 29(Bernama) -- Arab-Malaysian Corporation Bhd (Amcorp)'s post restructuring fair value is RM7.80 per share, implying a 91 percent share upside, said Dresdner Kleinwort Benson Research (DKBR). "A caveat to the price...

DANAHARTA TO RESTRUCTURE RM30 BLN LOAN BY JUNE.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Pengurusan Danaharta Nasional Bhd expects to restructure a total of RM30 billion in gross loans by June this year, said managing director Datuk Azman Yahya. "We target to address non-performing loans of...

BATTLE FOR NUMBER TWO POST IN MIC MAY NOT TAKE PLACE AFTER ALL.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The May MIC elections may not see a tussle for the number two post between incumbent Datuk S.Subramaniam and Datuk G.Palanivel after all, according to party officials and observers. Palanivel, the...

TV3 CONFIDENT OF RETURNING IN THE BLACK.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Sistem Television Malaysia Bhd (TV3) hopes to return in the black in one or two years time or perhaps in the current year, said its managing director Hisham Datuk Abdul Rahman today. His confidence was...

BNM: NO GLITCHES IN BANKS ON FEB 29 ROLLOVER.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Bank Negara Malaysia (BNM) announced today that all financial institutions under its jurisdiction had crossed over into Feb 29, 2000 without any problems in their computer systems. The central bank said...

PUBLIC BANK: INSURANCE TO FINANCE LONG-TERM PROJECTS.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Public Bank said the insurance industry is forging ahead to play a bigger role in mobilising long-term deposits to support long-term projects in the country. This was to be achieved partly through a...

KLSE UPDATE: 4:00 PM.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- At 400 pm today, there were 129 gainers, 653 losers and 71 counters traded unchanged on the Kuala Lumpur Stock Exchange. The KLCI was at 970.64 down 13.13 points, the Emas Index was at 252.47 down 3.80...

KLSE UPDATE: 9:30 AM.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- At 9:30 am today, there were 513 gainers, 72 losers and 126 counters traded unchanged on the Kuala Lumpur Stock Exchange. The KLCI was at 988.84 up 5.07 points, the Emas Index was at 257.90 up 1.63...

BARGAIN HUNTERS PROP UP SHARE PRICES IN EARLY TRADE.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Bargain hunters, especially retail players, propped up share prices in early trade today, mostly on second liners, a dealer said. He added that the early retail interest managed to turn around market...

RINGGIT OPENS MIXED AGAINST MAJOR CURRENCIES.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The ringgit opened mixed against major currencies this morning. The local currency fell against the Japanese yen to 3.4604/638 from 3.4813/832 at yesterday's close. In early Tokyo trade today, the...

KLSE UPDATE: 10:00 AM.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- At 10:00 am today, there were 141 gainers, 509 losers and 152 counters traded unchanged on the Kuala Lumpur Stock Exchange. The KLCI was at 977.69 down 6.08 points, the Emas Index was at 254.30 down 1.97...

KLIBOR FUTURES UNTRADED IN EARLY EARLY TRADING.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Three-month Klibor futures contracts on the Commodity and Monetary Exchange of Malaysia (Commex) were untraded as of 10:00 am this morning. Yesterday, the traded contracts of March 2000, June 2000 and...

A WEALTH OF HERBAL CURES AT THE IBANS' BACKYARD.
February 29, 2000... KUCHING, Feb 29 (Bernama) -- The use of jungle herbs as traditional medicine among the Ibans in Sarawak has a long history, providing the only relief when modern medicine was still unavailable. Such wealth of indigenous knowledge had long...

KLSE UPDATE: 10:30 AM.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- At 10:30 am today, there were 62 gainers, 673 losers and 92 counters traded unchanged on the Kuala Lumpur Stock Exchange. The KLCI was at 977.62 down 6.15 points, the Emas Index was at 253.74 down 2.53...

TA ANN RECORDS RM56.5 MLN GROUP PRE-TAX PROFIT FOR 1999.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- Ta Ann Holdings Bhd, a Sarawak-based timber industry player posted a group pre-tax profit of RM56.578 million for the year ended Dec 31, 1999, up 21.2 percent from the forecast of RM46.696 million as stated...

EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD: FEB 29.
February 29, 2000... SELLING BUYING BUYING TT/OD TT OD 1 US DOLLAR 3.8250 3.7750 3.7650 1 AUSTRALIAN DOLLAR 2.3560 2.3090 2.2930 1 BRUNEI DOLLAR 2.2390 2.1950 2.1870 1 CANADIAN DOLLAR 2.6420 2.5900 2.5780 1 DEUTSCHEMARK 1.9090 1.8530 1.8430 1 EURO DOLLAR...

KLSE UPDATE: 11:00 AM.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- At 11:00 am today, there were 53 gainers, 720 losers and 65 counters traded unchanged on the Kuala Lumpur Stock Exchange. The KLCI was at 971.05 down 12.72 points, the Emas Index was at 251.91 down 4.36...

PARLIAMENT: 18 STILL THE AGE TO QUALIFY FOR MOTORCYCLE LICENCE.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The government has no plans to raise from 18 to 21 the qualifying age for a motorcycle licence as it believes this will not help to reduce the accident rate. Deputy Transport Minister Tan Sri Ramli Ngah...

CI SLIPS FURTHER ON SELLING PRESSURE.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- The benchmark Composite Index (CI) of the Kuala Lumpur Stock Exchange slipped further at mid-morning today as selling pressure persisted knocking off earlier gains. A dealer said that the largely followed...

PRESIDENTIAL RACE IN FULL SWING.
February 29, 2000... MOSCOW, Feb 29 (Bernama-RIA Novosti) - The race for the presidency is in full swing in Russia, with less than a month left before the March 26 polls. Competition is fierce, with practically all of the 11 presidential candidates making it...

MIDDAY MALAYSIAN FOREIGN EXCHANGE, FEB 29.
February 29, 2000... US ----------------------- 3.7995/8005 S'PORE ------------------- 2.2155/2173 YEN ---------------------- 3.4434/4469 DM ----------------------- 1.8873/8885 STERLING ----------------- 6.0727/0774 EURO --------------------- 3.6912/6937

KLSE UPDATE: 12:00 NOON.
February 29, 2000... KUALA LUMPUR, Feb 29 (Bernama) -- At 12:00 noon today, there were 62 gainers, 727 losers and 54 counters traded unchanged on the Kuala Lumpur Stock Exchange. The KLCI was at 972.66 down 11.11 points, the Emas Index was at 252.37 down...

KLSE UPDATE: 12:30 PM.
February 29, 2000... KUALA LUMPUR, Feb 28 (Bernama) -- At 12:30 pm today, there were 74 gainers, 718 losers and 50 counters traded unchanged on the Kuala Lumpur Stock Exchange. The KLCI was at 993.20 down 9.42 points, the Emas Index was at 259.28 down 3.64...