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BERNAMA The Malaysian National News Agency articles from October 2001

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BERNAMA The Malaysian National News Agency archives from October 2001

KLSE UPDATE: 9:30 A.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 9:30 a.m. today, there were 20 gainers, 151 losers and 61 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 603.58 down 2.22 points, the Emas Index was at 144.92 down 0.51...

KLSE UPDATE: 10:00 A.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 10:00 a.m. today, there were 29 gainers, 248 losers and 91 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 602.16 down 3.64 points, the Emas Index was at 144.65 down 0.78...

KLSE UPDATE: 10:30 A.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 10:30 a.m. today, there were 42 gainers, 284 losers and 104 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 601.51 down 4.29 points, the Emas Index was at 144.51 down...

KLSE UPDATE: 11:00 A.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 11:00 a.m. today, there were 52 gainers, 304 losers and 138 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 601.93 down 3.87 points, the Emas Index was at 144.63 down...

SHARE PRICES REMAIN SOFT AT MIDMORNING.
October 31, 2001... KUALA LUMPUR, Oct 30 -- Share prices on the Kuala Lumpur Stock Exchange (KLSE) remained soft on institutional selling of blue chips while selected lower liner stocks continued to be dominated by speculative interests, said dealers. At 11...

KLSE UPDATE: 11:30 A.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 11:30 a.m. today, there were 68 gainers, 325 losers and 156 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 602.86 down 2.94 points, the Emas Index was at 144.80 down...

KLSE UPDATE: 12:00 NOON.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 12:00 noon today, there were 87 gainers, 331 losers and 168 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 602.98 down 2.82 points, the Emas Index was at 144.78 down...

KLSE UPDATE: 12:30 P.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 12:30 p.m. today, there were 87 gainers, 345 losers and 181 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 603.68 down 2.12 points, the Emas Index was at 144.87 down...

SHARE PRICES CLOSE LOWER AT MIDDAY.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Share prices on the Kuala Lumpur Stock Exchange (KLSE) closed lower across the board during the morning session on the continued selling of blue chips and the presence of speculative buying interest on...

KLCI FALLS FURTHER ON WEAK CASH MARKET.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur Composite Index (KLCI) futures contracts traded on the Malaysia Derivatives Exchange remained on the downtrend at the morning close today. The futures investors opted to stay sidelined...

KLIBOR FUTURES YET TO BE TRADED AT MIDDAY.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- There were no transactions for the three-month KLIBOR futures contracts on the Malaysia Derivatives Exchange (MDEX) at midday close. November 2001 settled unchanged at 96.75 (implied yield 3.25 percent),...

KLSE UPDATE: 3:00 P.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 3:00 p.m. today, there were 102 gainers, 354 losers and 184 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 603.34 down 2.46 points, the Emas Index was at 144.83 down...

SHARE PRICES MIXED AT MID-AFTERNOON.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Share prices on the Kuala Lumpur Stock Exchange (KLSE) were mixed at mid afternoon with the Composite Index drifting downwards on lack of interest on bluechips. At 3:35 pm, the benchmark Composite Index...

KLSE UPDATE: 4:00 P.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 4:00 p.m. today, there were 137 gainers, 360 losers and 192 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 604.17 down 1.63 points, the Emas Index was at 145.04 down...

MOST MAJOR CURRENCIES OPEN FIRMER AGAINST RINGGIT.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Most major currencies, except the Singapore dollar, were firmer against the ringgit amid the weaker US dollar in overseas markets. The ringgit remained quoted at 3.8 per US dollar A dealer said the...

INTERBANK RATES TO REMAIN STABLE.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Interbank rates are expected to remain stable today as liquidity levels in the monetary system will be kept at manageable levels by Bank Negara Malaysia (BNM). The central bank has forecast a larger cash...

KLIBOR FUTURES UNTRADED.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- There were no transactions for the three-month KLIBOR futures contracts on the Malaysia Derivatives Exchange (MDEX) in the early session today. November 2001 settled unchanged at 96.75 (implied yield 3.25...

MOF TO SUBMIT MOTOR INSURANCE RECOMMENDATIONS TO CABINET.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The Ministry of Finance (MOF) will submit its recommendations on new motor insurance premiums to the Cabinet early next month, says deputy finance minister Datuk Chan Kong Choy today. Bank Negara...

AUSSIE EXPORTS OUTWEIGH IMPORTS BY A$545 MILLION.
October 31, 2001... MELBOURNE, Oct 30 (Bernama) -- Exports again outweighed imports in September, giving Australia its eighth trade surplus in a row, official figures showed today. Australia's balance on the trading of goods and services came in better than...

ARMY'S FIRST GRATUITY FINANCING PLAN TAKES OFF.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The EON Bank Group (EON Bank) today launched the first gratuity Islamic financing scheme of its kind for retiring army personnel who come the armed forces pension scheme. The army gratuity scheme allows...

CINTE TECHTEXTIL CHINA TO BE HELD IN SHANGHAI.
October 31, 2001... FRANKFURT, Oct 30 (Bernama) -- Messe Frankfurt GmbH (MFG), the organiser of a number of textile shows both in Frankfurt and in a number of overseas venues, has changed the name of the China International Nonwovens and Technical Textiles...

STRIVE TO BE "FOR-ALL-SEASONS ENTERPRISES", SAYS RAFIDAH.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The International Trade and Industry Minister, Datuk Seri Rafidah Aziz said that local enterprises and industries need to learn to be "for-all-seasons enterprises" and able to survive under any market stress,...

WORLD CLASS SHOPPING CENTRES MUST HAVE WORLD CLASS MANAGEMENT, SAYS ABDULLAH.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Deputy Prime Minister Datuk Seri Abdullah Ahmad Badawi today expressed his displeasure at the condition and state of cleanliness of public amenities, saying that world-class shopping centres must be matched...

LONG WAY TO GO FOR M'SIAN SERVICES EXPORT INDUSTRY, SAYS MUSTAPA.
October 31, 2001... PETALING JAYA, Oct 30 (Bernama) -- Despite making great strides in promoting education and tourism overseas, Malaysia still has a long way to go in terms of exporting its services sector, said National Economic Action Council (NEAC) executive...

SOME 91,000 PEOPLE LET OFF FROM PAYING TAX UNDER 2002 BUDGET.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- A total of 91,000 income earners might not be paying tax for the year 2002 with the reduction by one to two percent in the maximum rate of personal income tax under the 2002 Budget proposals. "These...

DESIGN AND MULTIMEDIA CREATIVITY FORUM AT MINES ON THURSDAY.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- A forum on design solutions and content creation will be held at the MINES Exhibition and Convention Centre near here on Thursday. It will be officiated by Datuk Leo Moggie, the minister of energy,...

RAFIDAH TELLS LOCAL MANUFACTURERS TO BE MORE COST-COMPETITIVE.
October 31, 2001... PENANG, Oct 30 (Bernama) -- Malaysian manufacturers must be more cost-competitive because cost is a vital element for having the necessary competitive edge, says international trade and industry minister Datuk Seri Rafidah Aziz today. ...

MALAYSIA TO STEP UP PROMOTION EFFORTS IN MIDDLE EAST MARKET.
October 31, 2001... KUCHING, Oct 30 (Bernama) -- Malaysia aims to step up its promotional efforts to tap the potentially big Middle East market, apart from China and India, to make up for any shortfall in tourist arrivals from Europe and the US. The...

STEPS TAKEN TO SPOT AND ADJUST LAWS THAT HAMPER "K-ECONOMY" PLANS.
October 31, 2001... SERI KEMBANGAN, Oct 30 (Bernama) -- The government is studying the existing range of laws and practices to identify those provisions that work against the realisation of transforming Malaysia into a country with a knowledge-based economy...

SHARE PRICES EXTEND DOWNTREND.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Share prices on the Kuala Lumpur Stock Exchange (KLSE) extended its downside trend to open lower as heavyweights succumbed to selling pressure. At 9:43 am, the benchmark Composite Index fell 2.49 points...

KLCI OPENS LOWER.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur Composite Index (KLCI) futures contracts on the Malaysia Derivatives Exchange were traded lower early today. Dealers said the weak opening was due to bearish sentiment in tandem with the...

BOEING WELCOMES QANTAS DECISION ON 737-800 PURCHASE.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The Boeing Company today welcomed news from Australian flag carrier Qantas Airways on its decision to acquire 15 Boeing 737-800s to meet its domestic fleet expansion plans. The first of the airplanes will...

TIME DOTCOM UNVEILS REMODELLED WEBSITE.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Time dotCom Bhd, an integrated communications solutions provider, today unveiled its totally redesigned and refocused website at www.time.com.my. "Our goal is to give our customers the best possible...

PROMET IN RESTRUCTURING TALKS WITH LIKELY RESCUERS.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Promet Bhd, the construction-based company is negotiating with potential "white knight" parties to formulate a new restructuring scheme, said Promet acting managing director, Lee Keat Hin. "We hope to...

RUSSIA KEEN TO SHARE TECHNOLOGIES WITH M'SIAN COMPANIES.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Russia's Bareskov Institute of Catalysis is keen in sharing technologies with Malaysian companies which specialised in the petrochemistry, catalysis, biochemistry and environment protection fields. The...

INVENTEC CAN PRODUCE UP TO 2,000 UNITS OF COMPAQ'S PC PER MTH.
October 31, 2001... PENANG, Oct 30 (Bernama) -- Inventec Electronic (M) Sdn Bhd, which has been given exclusive manufacturing deal to manufacture personal computers (PCs) for Compaq Computer Corporation (M) Sdn Bhd, is able to produce 1,000 to 2,000 units of PCs...

SUNRISE EXPECTS SIZEABLE INCREASE IN SALES NEXT YEAR.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Sunrise Bhd, a developer of high-end properties, expects a substantial rise in sales next year following the double launching of two condominium projects, Mont'Kiara Damai and Laman Suria, in the second half...

LONPAC TARGETS 15 PCT GROWTH IN MOTOR INSURANCE PREMIUMS.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- General insurer Lonpac Insurance Bhd has targeted a 15 percent increase in writing motor insurance premiums within a year following the launch of its 24-hour emergency car assistance programme, says chief...

BERNAS LAUNCHES BUMI WHOLESALERS PROGRAMME.
October 31, 2001... KOTA KINABALU, Oct 30 (Bernama) -- Padiberas Nasional Bhd (Bernas) today launches the state level bumiputera rice wholesalers programme to assist them in strengthening their small scale businesses. The national level programme was...

KL TIN ENDS FIRMER AT US$3,700.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The price of tin traded on the Kuala Lumpur Tin Market (KLTM) settled US$29 higher at US$3,700 per tonne today due to the presence of ample buying interest in the market, said a dealer. The market ended...

PARLIAMENT TO BE IN DEEPAVALI RECEES FROM NOV 9 TO 18.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Parliament will be in recess from Nov 9 till Nov 18 on the occasion of Deepavali and resume sitting on Nov 19. Dewan Rakyat Speaker Tun Dr Mohamed Zahir Ismail said the Prime Minister, Datuk Seri Dr...

JAMES WONG CONFERRED LANGKAWI AWARD 2001.
October 31, 2001... KUCHING, Oct 30 (Bernama) -- Former Sarawak Minister of the Environment and Public Health Datuk Amar James Wong has been conferred the 10th annual Langkawi Award for this year for his contributions to preserving the environment. He...

MUKAH TO BE TURNED INTO ANGLERS' PARADISE.
October 31, 2001... KUCHING, Oct 30 (Bernama) -- Mukah, a coastal fishing town, slated to become the administrative headquarters of the Mukah Division early next year, will be turned into an angler's paradise. Sarawak Minister of Tourism Datuk Seri Abang...

TRAIN SERVICES RESTORED BETWEEN TAMPIN AND SEREMBAN.
October 31, 2001... SEREMBAN, Oct 30 (Bernama) -- Train services between Tampin and Seremban disrupted following landslides at KM464.75 and KM465 in Rahang here on Sunday have been restored, Keretapai Tanah Melayu (KTM) said today. While repairs were in...

FARMERS TOLD TO KEEP AWAY FROM TIGER TRAPS.
October 31, 2001... TRIANG, Pahang, Oct 30 (Bernama) -- Farmers in the Felda Kumai land scheme have been advised to keep away from the iron traps that have been placed in the area by the National Park and Wildlife Department to trap marauding tigers. Tigers...

MALAYSIAN DIPLOMATS MUST UNDERSTAND COUNTRY'S STAND, SAYS ABDULLAH.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Malaysian diplomats must understand the country's policy on terrorism and explain the stand to their host governments, Datuk Seri Abdullah Ahmad Badawi said today. "All Malaysian diplomats must understand...

POLICE SEIZE 90 VIDEO GAME MACHINES IN SIMULTANEOUS RAIDS.
October 31, 2001... KLANG, Oct 30 (Bernama) -- Police conducted a five-hour "ops gempur syiling" on several illegal video game outlets here last night and seized 90 video game machines. Klang OCPD ACP Karn Kam Peng said today the operation headed by him was...

TERENGGANU TAXI DRIVERS WILL NOT RAISE FARES.
October 31, 2001... KUALA TERENGGANU, Oct 30 (Bernama) -- The Federation of Terengganu Taxi Drivers Associations has decided not to raise fares following the 10 sen increase in the price of petrol and diesel. Its Chairman, Hashim Mohamad said the decision...

NO FEDERAL TERRITORY MOSQUE COMMITTEE MEMBER SACKED.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- No mosque or surau committee member in the Federal territory has been sacked for any reason since the appointments in October last year, the Dewan Rakyat was told today. Parliamentary secretary to the...

SPECIAL COMMITTEE TO RAISE AND LOWER PASSING MARKS.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The Malaysia Examinations Board (LPM) and the Malaysia Examinations Council (MPM) have set up a special committee which will raise and lower the passing marks for public examinations, the Dewan Rakyat was...

SHAMANS HELP COPS SOLVE CRIMES LINKED TO WITCHCRAFT.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The police have readily available services of religious experts and shamans to help them deal with crimes employing witchcraft (pukau), the Dewan Rakyat was told today. There was a belief that witchcraft...

PROPOSED AMENDMENT FOR LONGER DETENTION OF HARDCORE ADDICTS.
October 31, 2001... SUNGAI PETANI, Oct 30 (Bernama) -- Studies show that hardcore addicts are the troublemakers in drug rehabilitation centres, Home Ministry Secretary-General Datuk Seri Aseh Che Mat said today. "They influence the new inmates to riot, burn...

TERENGGANU CUP FINAL GOALIE ZUBIR WILL NOT RETIRE.
October 31, 2001... KUALA TERENGGANU, Oct 30 (Bernama) -- Zubir Ibrabim who will take charge of goal for Terengganu at Saturday's Malaysia Cup final with Perak at the National Stadium in Bukit Jalil will not retire after the match. Taking the cue from...

TRIBUNAL FILES 753 CONSUMER CLAIMS UP TO THIRD QUARTER.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The tribunal handling consumers' complaints has filed a total of 753 claims this year up to September, of which 568 cases have been settled, the Dewan Rakyat was told today. As for the remaining 185...

ANNOUNCEMENT OF SECOND LINK SITE NOT RUSH JOB, SAYS SAMY VELLU.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Works Minister Datuk Seri S. Samy Vellu has denied in the Dewan Rakyat that he hastily announced an alternative site for Penang's proposed second link with the mainland following criticisms over the choice of...

[0] DESIGN AND MULTIMEDIA CREATIVITY FORUM AT MINES ON THURSDAY.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- A forum on design solutions and content creation will be held at the MINES Exhibition and Convention Centre near here on Thursday. It will be officiated by Datuk Amar Leo Moggie, the minister of energy,...

FMM RE-ELECTS ZAIN HASHIM AS PRESIDENT.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Tan Sri Zain Hashim was re-elected as president of the Federation of Malaysian Manufacturers (FMM) by the FMM Council at its 33rd Annual General Meeting here today. The FMM Council also elected four FMM...

ASEAN TO DISCUSS ISSUES WITH IMPLICATIONS ON THE REGION.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The 7th Asean Summit to be held in Brunei next week is expected, among others, to discuss current issues which have implications on Asean besides the normal agenda of strengthening Asean co-operation and...

NACRA WINNERS TO BE ANNOUNCED ON NOV 6.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Winners of the National Annual Corporate Report Awards or NACRA 2001 will be announced on Nov 6, 2001, NACRA said in a statement here today. It said that minister of domestic trade and consumer affairs...

KLSE UPDATE: 4:30 P.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 4:30 p.m. today, there were 176 gainers, 364 losers and 183 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 603.47 down 2.33 points, the Emas Index was at 144.94 down...

SIME DARBY'S REPRESENTATION IN PALMCO TO BE DECIDED SOON.
October 31, 2001... PUTRAJAYA, Oct 30 (Bernama) -- Palmco Holdings Bhd will convene a board of directors meeting in one to two weeks to decide on Sime Darby's representation, IOI Corporation (IOI Corp) executive chairman Tan Sri Lee Shin Cheng said here today....

MUSTAPA ON POSER OF USING TRUST FUND TO BUY UNSOLD "BUMI" PROPERTIES.
October 31, 2001... PETALING JAYA, Oct 30 (Bernama) -- A proposal that a special trust fund be set up to acquire unsold "Bumiputras-designated" commercial properties has failed to materialise because of the mixed nature of the affected assets, said National...

KLSE UPDATE: 5:00 P.M.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- At 5:00 p.m. today, there were 200 gainers, 316 losers and 226 counters traded unchanged on the Kuala Lumpur stock Exchange. The KLCI was at 603.19 down 2.61 points, the Emas Index was at 145.01 down...

SHARE PRICES CLOSE BROADLY LOWER.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Share prices on the Kuala Lumpur Stock Exchange (KLSE) ended the day lower on a quiet market. Dealers said investors were seen nibbling selected stocks with no firm buying amid lack of fresh indicators....

RUBBER PRICES CLOSE FIRMER.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Rubber prices extended its rally today but the market still remained quiet. A dealer said the short supply of raw material (latex) due to the raining season has helped to firm up the prices. He said...

KLCI FUTURES FINISH LOWER.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur Composite Index (KLCI) futures contracts traded on the Malaysia Derivatives Exchange (MDEX) ended lower, taking a cue from the weaker cash market. Dealers said futures investors and...

SHORT TERM RATES KEPT STABLE.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Short-term rates closed steady on the money market today as Bank Negara mopped up some funds to keep interbank rates stable amidst the excess liquidity. A dealer said the overnight rate moved between 2.80...

M'SIAN TELCOS IN TALKS WITH SIEMENS ON USING UMTS TECHNOLOGY.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Siemens, which initiated research on the Universal Mobile Telecommunications System (UMTS) in 1992, is talking with several Malaysian telecommunication operators on the possibility of adopting the system, it...

ALL MAJOR CURRENCIES CLOSE FIRMER AGAINST RINGGIT.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- All major currencies ended firmer against the ringgit today, following the weakening of the US dollar in overseas markets. The ringgit followed the US dollar as it still pegged at 3.8 per dollar. At...

TPOS NEED TO BE MARKET-DRIVEN, FORUM TOLD.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Delegates from 18 Trade Promotion Organisations (TPOs) attending the 15th Asian Trade Promotion Forum (ATPF) here agreed that TPOs have to be market-driven to effectively serve their clients. "Some of...

MARC ASSIGNS "A" RATING FOR BANK ISLAM.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Malaysian Rating Corporation Bhd (MARC) had assigned a financial institution rating of A (single A flat) to Bank Islam Malaysia Bhd (BIMB). BIMB also qualified for a short-term rating of MARC-1. In a...

LOCAL PAPER PRODUCERS SUFFER SEVERE LOSSES.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The local self-copy paper (SCP) or carbonless NCR (non-carbon required) manufacturers welcomed the government's announcement that it would investigate the practice of dumping SCP in the local market as they...

AMIN SHAH TELLS LOCAL SHIPOWNERS TO USE LOCAL YARDS.
October 31, 2001... JOHOR BAHARU, Oct 30 (Bernama) -- Shipowners should fully use local shipbuilding facilities and techology to further enhance shipping capacity and boost external trade, says the president of the Association of Marine Industries of Malaysia...

IOI TO FOCUS ON OIL PALM PLANTATIONS & PROPERTIES.
October 31, 2001... PUTRAJAYA, Oct 30 (Bernama) -- IOI Corporation Bhd (IOI Corp) will maintain its profitability by focusing on core activities in oil palm plantations and developing affordable properties, said executive chairman Tan Sri Lee Shin Cheng today....

THE ONE ACADEMY WINS CREATIVE MULTIMEDIA PROJECT AWARD.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The One Academy team has won the national creative multimedia development project award which was launched on Oct 15, 2000 by the Minister of Energy, Communications and Multimedia, Datuk Amar Leo Moggie. ...

MALAYSIAN-MADE JEWELLERY WILL CONTINUE TO FIND STRONG MARKET ABROAD.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- The International Trade and Industry Minister, Datuk Seri Rafidah Aziz hopes that with creativity and innovation, coupled with technology and aggressive marketing, Malaysian-made jewellery will continue to...

KLIBOR FUTURES CLOSE UNTRADED.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- There were no transactions for the three-month KLIBOR futures contracts on the Malaysia Derivatives Exchange (MDEX) at the close here today. November 2001 settled unchanged at 96.75, December 2001 stayed...

AWARENESS NEEDED TO BRIDGE DIGITAL DIVIDE.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernam) -- People in the Asia Pacific should raise their awareness levels on the importance of the information, communication and technology (ICT) industry in order to narrow the digital divide, said the Minister of...

OSK LAUNCHES DUAL HYPERLINK TO PROVIDE ADDITIONAL SERVICE TO CUSTOMERS.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- OSK Holdings today launched its Strategic e-Partners Dual Hyperlink on its homepage to provide additional services to its customers, said Jaymes Ong, its general manager group consumer marketing today. ...

SIEMENS TO CAPTURE ASEAN MARKET THROUGH 3G TECHNOLOGY.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Siemens Malaysia Sdn Bhd plans to dominate the Asean telecommunication market by the year 2005 through its new offering, the 3G (third generation) technology called Universal Mobile Telecommunications Systems...

CPO FUTURES PRICES CLOSE FIRMER.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Crude palm oil (CPO) futures prices on the Malaysia Derivatives Exchange (MDEX) closed firmer second day running this week due to the short covering, said a dealer. He said talks on good export data plus...

JEWELLERY CIRCLES TO ACHIEVE RM20 MLN REVENUE FROM ITS NEW FLAGSHIP STORE.
October 31, 2001... KUALA LUMPUR, Oct 30 (Bernama) -- Jewellery Circles Sdn Bhd, which opened its new Flagship Store today, hopes to broaden its customer base and achieve its target of reaping RM20 million revenue next year. "With the opening of our Flagship...

NEWS IN BRIEF: OCTOBER 30, 2001.
October 31, 2001... -- PUTERA CAPITAL BHD posted a pre-tax loss of RM2.745 million in its first quarter ended Aug 31, 2001 compared with a pre-tax profit of RM117,000 in the same period of the preceding year. Its turnover decreased by two percent to RM16.788...

SATANG JAYA PLANS TO MANUFACTURE SPAREPARTS.
October 31, 2001... KUANTAN, Oct 30 (Bernama) -- Satang Jaya Sdn Bhd, a company which provides maintenance services for safety and survival equipment, planned to manufacture its own spareparts which are required in such an industry. Its executive director,...

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