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Business 03 Jun 2005 | 12:00 AM Premium

CIMB to offer corporate advisory services in S’pore

CIMB Bhd, Malaysia's largest investment bank, will leverage on the GK Goh Holdings connection to offer corporate advisory services in Singapore.

Business 03 Jun 2005 | 12:00 AM Premium

Instant noodle inventor bows out at age 95

Momofuku Ando, the man credited with inventing instant noodles, will bow out of the business frontline at age 95 after seeing his cups of quick, hot and inexpensive meals sweep the world.

Business 07 Jun 2005 | 12:00 AM Premium

Better returns towards year-end

FUND managers are adopting a cautious approach in their investments in the sluggish equity market although several strongly believe the market will improve towards the end of the year.

Business 10 Jun 2005 | 12:00 AM Premium

CIMB beckons investors

COMMERCE International Merchant Bankers Bhd (CIMB) is prepared to give financing for purchases of shares in companies considered non-marginable by other financial institutions and stockbroking firms, its director and head of corporate finance Loh Shai Weng said.

Business 19 Jun 2005 | 12:00 AM Premium

From restaurant bus boy to budget hotel owner

When Kalvin Ng arrived in New York 15 years ago, he decided that if he was going to work in a restaurant it was not going to be an Asian one.

Business 27 Jun 2005 | 12:00 AM Premium

ISS targets SMIs for revenue growth

ISS Consulting (M) Sdn Bhd (ISS) is banking on the small and medium-sized industries (SMIs) to contribute to its double-digit revenue growth for 2005. The information technology (IT) and management consulting firm, which focuses exclusively on implementing SAP's enterprise resource planning software, is looking to expand its customer base, comprising mostly large enterprises, by adding more SMI clients.

Business 05 Jul 2005 | 12:00 AM Premium

Khazanah begins talks for stake in Indonesia’s Bank Lippo

KHAZANAH Nasional Bhd has begun talks to buy at least 25% of PT Bank Lippo, Indonesia#039;s ninth largest lender by assets, as it seeks to expand in the region.

Business 07 Jul 2005 | 12:00 AM Premium

Indonesia won’t allow Bank Lippo stake sale until 2006

Indonesia's central bank won't allow PT Bank Lippo's majority shareholder to sell its stake until next year, said Siti Fadjriah, a deputy governor at Bank Indonesia.

Business 13 Jul 2005 | 12:00 AM Premium

Islamic banking thriving in London

WHILE the bombers in London remain faceless, should their motivation by some measures be religious, the perpetrators couldn't have chosen a worst target.

Business 20 Jul 2005 | 12:00 AM Premium

HP to cut 14,500 jobs, overhaul retirement plan

Hewlett-Packard Co.'s plan to cut 14,500 jobs and overhaul its retirement benefits not only chisels away at its high corporate costs but also its reputation as one of Silicon Valley's most employee-friendly firms.