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Business 10 Jul 2003 | 12:00 AM

39% of Asia-Pac firms hit by economic crime: Survey

THIRTY-NINE per cent of businesses in the Asia-Pacific have suffered from economic crime in the last two years with an average recovery on loss of 20% or less, a survey showed.

Business 29 Jun 2003 | 12:00 AM

Cooking up creative ideas

It was an abrupt change of career for Sani Ong when he was left with a pastry and confectionery business to handle.

Business 24 Jun 2003 | 12:00 AM

Indonesia's largest IPO since 1997 crisis

Indonesia's largest bank has said it will sell a 20 percent stake to the public next month - the largest initial public offering in Indonesia since the 1997-98 Asian financial crisis.

Business 14 Jun 2003 | 12:00 AM

SK Corp head gets jail for accounting fraud

Chey Tae-won, the chairman of South Korea#8217;s biggest oil refiner, SK Corp, was sentenced to three years in jail yesterday for his part in a US$1.2bil accounting fraud.

Business 13 Jun 2003 | 12:00 AM

Shanghai cracks down on murky property deals

The Shanghai authorities vowed yesterday to crack down on bribery in land deals as a high-profile lawsuit alleging official corruption threatened to expose under-the-table transactions in China#8217;s financial hub.

Business 06 Jun 2003 | 12:00 AM

Francis Yeoh named one of 25 top Asian leaders

YTL Corp Bhd managing director Tan Sri Francis Yeoh has been named as one of the 25 top leaders in Asia#039;s forefront of change in I>Business Week#039;s/Isixth annual special report.

Business 03 Jun 2003 | 12:00 AM

After scandals, G8 seeks wider accounting rules

Leaders of the Group of Eight (G8) world powers yesterday restated pledges to crack down on financial crime and called for globally recognised accounting standards to prevent more corporate scandals in their backyards.

Business 19 May 2003 | 12:00 AM

India to join ranks of developed countries by 2020

India's finance minister predicted his country would experience explosive growth'' and become a developed economy by 2020 because of its creativity.

Business 03 May 2003 | 12:00 AM

Most US firms to expand in Asia

ABOUT three-fourths of US businesses in a Gallup poll expect to expand in Asia this year, spelling growing confidence for the world#039;s fastest growing region even as it continues to battle the Severe Acute Respiratory Syndrome (SARS) outbreak.

Business 17 Apr 2003 | 12:00 AM

ASA appoints new chairman

THE Advertising Standards Authority of Malaysia (ASA) has appointed former judicial officer Datuk Shaik Daud Ismail as its chairman with effect from Jan 1 this year.