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Business 19 Jun 2003 | 12:00 AM Premium

WPP scores in battle for Cordiant

British advertising giant WPP Group plc has entered exclusive talks to buy troubled smaller rival Cordiant Communications Group plc, putting it on the verge of plucking yet another deal from the grasp of French rival Publicis Group SA.

Business 25 Jun 2003 | 12:00 AM Premium

Queries over US rate cut

As the Federal Reserve gears up to apparently cut US interest rates to 1958 levels, many economists are asking a simple question: Why?

Business 04 Sep 2003 | 12:00 AM Premium

New media giant emerging

B>PARIS: /B>US television network NBC has won Vivendi Universal's marathon show business auction with a proposed merger to create a new entertainment industry giant worth more than US$40bil.

Business 09 Sep 2003 | 12:00 AM Premium

Maintaining momentum of recovery

IN the effort to move back to a balanced budget position, the government should manage the rollback of its spending in a manner that will not cause the economy to manifest a withdrawal symptom. Another two to three years of reducing budgetary deficit is tolerable, says Zulkifli Jamzah, Mayban Securities Sdn Bhd head of research.

Business 09 Sep 2003 | 12:00 AM Premium

SMIs: Sales tax waiver can boost consumption

A WAIVER on sales tax for all small- and medium-sized industries (SMIs) and service tax for the tourism industry could help further stimulate domestic consumption, said SMI Association of Malaysia president Looi Teong Chye.

Business 13 Sep 2003 | 12:00 AM Premium

Budget does not meet some expectations

BUDGET 2004 does not meet some expectations but is in line with our low expectations, says Seow Choong Liang, head of research, KN Kenanga Bhd.

Business 13 Sep 2003 | 12:00 AM Premium

No effect on car sales despite excise duty levy

THE government#039;s decision to levy excise duties on imported cars is not likely to affect car sales because it may not result in reduced prices for new cars, say car makers and distributors.

Business 13 Sep 2003 | 12:00 AM Premium

Developers: New move on low-cost housing timely

DEVELOPERS lauded the #147;timely#148; reprieve from having to build low- and low-medium-cost housing as the responsibility will be taken over by the government, particularly through Syarikat Perumahan Negara Bhd (SPNB).

Business 14 Sep 2003 | 12:00 AM Premium

Effective corporate tax actually lower

THIS is the first question-and-answer session provided by PricewaterhouseCoopers for readers of I>The Star/Ion various aspects of Budget 2004. Two other articles will appear in I>StarBiz/Itomorrow and Tuesday.

Business 22 Sep 2003 | 12:00 AM Premium

SPNB to seek new housing areas for low-cost houses

SYARIKAT Perumahan Negara Bhd (SPNB), entrusted by the government to construct low-cost houses, will source for the right locations and funding for such housing needs of the people, Deputy Housing and Local Government Minister Datuk Peter Chin said.