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Business 16 Apr 2004 | 12:00 AM

I-Dee Asia expects 100,000 to use website

I-DEE Asia Sdn Bhd, a subsidiary of Mesdaq-listed Intelligent Edge Technologies Bhd expects at least 100,000 new subscribers for its first proprietary 3D Avatar interactive digital entertainment website, I>www.i-dee.com.my/I>, by year-end, Intelligent Edge chairman Tan Sri Sheriff Kassim said.

Business 16 Apr 2004 | 12:00 AM

StanChart upbeat on insurance products sales

STANDARD Chartered Bank Malaysia (StanChart), whose general insurance sales exceeded RM90mil last year, expects the figure to grow by 15% over the next three years in line with the rising medical cost and affluent population, general manager for wealth management, Goh Teck Eng, said.

Business 16 Apr 2004 | 12:00 AM

Program selling by hedge funds drags down market

THE KL stock market dipped further yesterday as program selling of local shares by offshore hedge funds continued for a second day.

Other Sport 16 Apr 2004 | 12:00 AM

China fail to get the better of tiny Andorra

China failed to get the better of tiny Andorra in an international friendly here on Wednesday, coming away with a scoreless draw.

Business 16 Apr 2004 | 12:00 AM

15%-20% returns from new Hwang-DBS fund

HWANG-DBS Unit Trust Bhd (HDBSUT) expects its new fund, Hwang-DBS Select Small Caps Fund, to deliver a return of 15%-20% over the next three years, said adviser Teng Chee Wai.

AseanPlus News 16 Apr 2004 | 12:00 AM

11 held over fake bank note deposits

Police were yesterday questioning 11 people suspected of feeding fake notes worth more than US$2,500 (RM9,500) into bank cash deposit machines.

Business 16 Apr 2004 | 12:00 AM

Hong Kong, Australia strike deal for more air services

Airline traffic could pick up between Hong Kong and Australia after the two sides reached an agreement to liberalise services.

Business 16 Apr 2004 | 12:00 AM

UN official on threats to Asia-Pacific economic growth

Developing Asia-Pacific economies overcame the SARS crisis and fallout from the Iraq war and are poised for stronger growth this year, but poverty remains a major challenge and China's economy runs the risk of overheating, a U.N. official warned Friday.

Business 16 Apr 2004 | 12:00 AM

Lion repays RM2bil debts

IN a decisive move to reduce its borrowings, the Lion group has repaid RM2.1bil to its bankers - one of the largest debt repayments in the corporate sector.

AseanPlus News 16 Apr 2004 | 12:00 AM

Shanghai’s new rule to curb house speculation

INVESTORS who make profits by buying commercial houses as futures and then selling them to other buyers will have to rethink their business methods after Shanghai legislators passed a rule on Wednesday, which will take effect from April 20, to limit such investments.