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Business

Views from Malaysian CEOS on the impact of Iraq war

Most Malaysian CEOs have expressed optimism that the US-led Iraq war would be short and therefore would have minimal impact on the Malaysian economy.

Business

Coles Myer H1 earnings up 28%

B>SYDNEY:/BColes Myer Ltd, Australia#146;s biggest retailer, signalled yesterday that its turnaround plan was on track after it reported a 28% jump in first-half earnings before charges on cost savings.

Business

Global effort to curb money laundering

THREE DAYS before Sept 11, 2001, Mohamed Atta, the man who piloted American Airlines flight 11 into the North Tower of the World Trade Centre (WTC) in New York, wired out a total of US$7,860 from two grocery stores in Maryland. On Sept 10, Marwan al-Shehri sent US$5,400 from a Greyhound bus terminal in Boston before he commandeered United Airlines flight 175 the next day, crashing it into the WTC South Tower. In both cases, the recipient of the funds was a terrorist support network based in the United Arab Emirates (UAE).

Business

Stanchart Asia seeks expansion

STANDARD Chartered Bank is doing well in Asia, and looking for opportunities to expand.

Business

North, South American CEOs upbeat about growth

The spectre of a US war on Iraq and terrorism has not daunted most chief executive officers, with North American and South American CEOs more confident about revenue growth than counterparts in Europe and Asia, a study revealed.

Business

Spotlight on the role of CEOs

CHIEF executive officers (CEOs) have probably never had it tougher. These days, when they are not being accused of lacking in vision, they are punished for paying themselves too much.

Business

A robust heart and a soul that is true

BY WONG SULONG

Business

MAS has to hard sell to capture more passengers

AT Malaysia Airlines#146; (MAS) latest briefing, managing director Datuk Md Nor Yusof decided to promote three scenic spots the carrier flies to instead of jumping straight into a financial presentation.

Business

EPF contributions grossly insufficient for retirement needs

YESTERDAY, I commented that the 10.5 million members of the Employees Provident Fund (EPF) must be prepared to receive relatively low dividends (between 4% and 5%) on their contributions for the next few years.

Business

CEO Insights series to focus on strategic issues

BUSINESSWEEK'S CEO Insights series, in its second year, will address the strategic issues facing chief executive officers (CEOs) across Greater Asia, dnmStrategies Ltd said.