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Lady luck smiles on PM Thaksin

BANGKOK: At his birthday party earlier this month, economist Dr Virabongsa Ramangkura lauded Prime Minister Thaksin Shinawatra as one of the greatest Thai leaders since World War II.

Sombre mood in the UN

By JOHAN FERNANDEZ.

Global deflation a low probability event, says report

DESPITE the downward trend in global prices, a global deflation crisis is still a low probability event, Public Bank said in the August 2003 issue of I>Public Bank Economic Review/I>.

Mahathir was right, says IMF

The International Monetary Fund (IMF) said Malaysia's approach to peg the ringgit in dealing with the Asian financial crisis was the correct move.

Chandra thankful for how currency crisis was handled

DR CHANDRA Muzaffar, a former close aide of Datuk Seri Anwar Ibrahim, said Malaysians are thankful now that the country did not go the way of the former deputy prime minister and finance minister in tackling the currency crisis of the late 90s.

A Cape Malay’s rise in the ANC

A CAPE Malay has emerged as the leader of the ruling African National Congress in Western Cape, better known as the heartland of the Cape Malay, whose ancestral roots can be traced back to the Malay Archipelago three century ago. K.Y. PUNG met this young articulate leader in Cape Town in South Africa recently.

Don’t corner Muslims

JAKARTA: After saying his pre-dawn prayers at the At-Taqwa mosque in a housing complex in East Jakarta, a man approached his old friend, a Catholic neighbour who was jogging near the mosque. But this time the face of the engineering lecturer looked grim.

Prudent budget with many goodies

IT#039;S the time of year when most of us turn our attention to the budget.

IMF: World economy picking up but too soon to drop guard

B>DUBAI:/BThe world economy is showing signs of life but the pace and strength of the recovery is still unclear and policy-makers cannot afford to drop their guard, the International Monetary Fund (IMF) said yesterday.

Jamaluddin: GDP to surpass 4.5% in 2003

Second Finance Minister Datuk Dr Jamaluddin Jarjis said Malaysia's economy could surpass this year's projected 4.5% growth owing to the present upbeat global economic scenario.