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Asian nations seen to lead growth in 2004

ASIAN economies are expected to continue outperforming the rest of the world in 2004 against the backdrop of an overall global recovery.


New breed of fund managers emerging

CORPORATE boardrooms are facing increasing pressure for environmentally responsible practices from a new breed of fund managers wielding trillions of dollars, UN experts said last week.


Guessing game for tech giants

China's ever changing technology priorities are a high-stakes gamble for many of the world's top chipmakers, most of which have found the odds stacked against them as they try to guess Beijing's agenda.


Lucent’s possible violation of US law highlights China risks

Revelations that Lucent Technologies Inc's senior executives in China may have violated US law banning the payment of bribes overseas is unlikely to be an isolated case in a country where corruption is common despite government campaigns to stamp it out, analysts said.


Experts: Be prepared for tax audits

MANY companies are taking unnecessary risks with their levels of unpreparedness for tax audits, said Ernst amp; Young Tax Consultants executive director Kenneth Lim.


ADB says no consensus among nations to admit North Korea

North Korea wants to join the Asian Development Bank to seek economic aid for its impoverished people, but the bank's member nations are split on whether to admit the isolated communist nation, the ADB's president said Monday


Malaysian banks to put on better show in second quarter says ING

LOCAL banks, whose pre-tax profits collectively grew 5% quarter-on-quarter during the first three months of the year despite weaker interest income, are expected to improve their performance in the second half 2004 with a recovery in loan growth, said ING Financial Markets, which has maintained its overweight rating on the banking sector.


Self-defence against illness



All eyes on banks’ results

Financial results for the banking sector are due soon and investors are avidly monitoring the numbers. In June loan aprovals were at their highest since the 1998 financial crisis.


Domestic roaming only for rural areas?

THE Government seems to be caught in a tug of war with cellular operators over the implementation of domestic roaming if there are connectivity problems after 2005. No operator wants to open its network in the urban centres to its rivals although it does not mind doing so for the remote areas. But before domestic roaming can be implemented, the Government would have to spell out the areas that should be open for domestic roaming and address the commercial, technical and operational issues that operators faced. Three industry players share their views withIStarBiz/Iassistant news editor B.K. SIDHU. /B>