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IAG proposes donation to charity by shareholders

Shareholders in IAG Insurance would have to donate 2% of the company's annual profits to charity under a new proposal put forward by former director Richard Talbot.

AIA survey: Only 18% not well covered

ONE among almost every five Malaysians stands to face serious financial difficulties within just three months if he or she is forced to stop work through illness or accident, a survey has found.

PanGlobal’s insurance arm sees RM300m sales in two years

PANGLOBAL Insurance Bhd (PGi), the insurance arm of PanGlobal Bhd, aims to expand its customer base and double its sales to RM300mil within the next two years.

De Cigar Shoppe a novelty in Ipoh

A LOVE of fine quality cigars has inspired a marketing consultant to open Ipoh's first cigar shop with a Cuban concept.

Facing challenge of retirement

AS the years go by, many of the 24 million Malaysians will be joining the club of retirees. For them, retirement could be their biggest challenge yet.

SP Setia gives back to society via charitable trust

SP SETIA Bhd, which is well regarded for its track record of rewarding its shareholders, is also living up to its image as a good corporate citizen.

AmBank aims 40,000 more Al-Taslif cardholders

AmBank aims to sign up 40,000 more I>Al-Taslif/Icredit cardholders next year in view of positive response received so far, senior general manager, group Islamic banking, Ahmad Zaini Othman said.

Travel Fair 2005 to generate RM100mil sales for MAS

MALAYSIA Airlines (MAS) expects its Travel Fair 2005 to generate some RM100mil in sales, a 50% increase over last year's RM68mil at the inaugural event.

Li Ka Shing's C$1.2b CIBC stake to be sold for charity

Hong Kong tycoon Li KaShing said on Wednesday he would sell his C$1.2bil (US$1bil) stake in Canadian Imperial Bank of Commerce, or about 4.9% of the bank, and donate the proceeds to his charitable foundations.

WTO upholds Brazil's complaint over US aid to cotton farmers

The World Trade Organisation on Thursday upheld a ruling condemning government help for cotton producers in the United States, saying that many U.S. programmes include illegal export subsidies or domestic payments that are higher than permitted by WTO rules.