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Nation 15 Jan 2003 | 12:00 AM

Budget expenses, PM advises states

All state governments have been directed to be careful with their expenditure and plan all projects according to their budgets.

Business 17 Jan 2003 | 12:00 AM

KLSE winning streak into 5th day

THE KLSE extended its winning streak into a 5th consecutive day yesterday, with news of corporate takeovers providing further mo-mentum to an already buoyant market.

Business 18 Jan 2003 | 12:00 AM

Arresting the declining dividend rate

Arresting the declining dividend rate BizWeek will run a series of articles, written by EPF's investment division, every fortnight. With funds exceeding RM190 billion, the keeper of the people's money is keen to tell its story on many pertinent issues related to investments.

Business 19 Jan 2003 | 12:00 AM

US stocks down as giants slide

B>NEW YORK:/BInvestors sold off stocks on Friday, pushing the Nasdaq to its biggest percentage loss in a month as poor outlooks from Microsoft Corp and International Business Machines Corp sank hopes for a quick improvement in corporate profits in 2003.

Business 21 Jan 2003 | 12:00 AM

War clouds cast pall on US economy

A cloud of uncertainty from the prospect of a US war with Iraq is casting a dark shadow on the world#8217;s richest economy, which entered the new year with a worrying lack of momentum.

Business 22 Jan 2003 | 12:00 AM

EPF plans to invest RM130mil in IT to improve service

THE Employees Provident Fund (EPF) plans to invest about RM130mil in information technology (IT) over the next three years to provide better service to its 10.3 million members and 340,000 contributing employers, said deputy chief executive officer II Rusma Ibrahim.

Business 22 Jan 2003 | 12:00 AM

Singapore may slip back into recession, warns Barclays

Weak export growth and sluggish domestic demand could push Singapore#8217;s economy back into recession in the first half of the year, Barclays Capital warned in a report yesterday.

Business 24 Jan 2003 | 12:00 AM

Low returns aside, Palmco shares worth the hold

IF an investor had bought one lot of Palmco Holdings Bhd shares for RM1,840 in January 1990 and held on to it up to Dec 31, 2002, he would have netted a gain of RM3,007, inclusive of dividends and capital gains.

Business 24 Jan 2003 | 12:00 AM

AMR posts aviation's largest loss

AMR Corp, the corporate parent of American Airlines, has posted the biggest yearly loss in aviation history. The world#8217;s largest airline, battling a perception that it would have to follow some major rivals into bankruptcy, reported on Wednesday a loss of US$3.5bil for 2002, and warned that it must cut costs drastically to keep flying.

Business 25 Jan 2003 | 12:00 AM

Priming a pump

THE government plans to pull on the pump. The objective is simple #8211; to mitigate the risks in the external environment by creating adequate domestic growth drivers.