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Business

S’pore sees faster 2004 growth

The city-state's economic growth rate may triple in 2004 from this year's sluggish pace, due to rising global demand for its computer chips and electronic goods, Deputy Prime Minister Lee Hsien Loong said yesterday.

AseanPlus News

Megawati: Aceh war helps defend territorial integrity

Indonesia's president told troops yesterday that the war in Aceh has caused 'bitter suffering'' but that it was necessary to ensure the country remains intact.

Business

Surge in trading volume augurs well for stockbrokers

THE buoyant market sentiment in the third quarter and resultant rise in trading volume on the KLSE augur well for the bottom lines of stockbroking companies.

Other Sport

Nigeria get a Hamm-ering

Mia Hamm stamped her famous name all over the women#8217;s World Cup on Thursday, inspiring the United States to a 5-0 rout of Nigeria that should guarantee the defending champions a quarter-final place.

Business

CI up, brokers rejoice

THE relatively better stock market performance over the past two quarters has not only brought cheer to investors but also stockbroking companies.

Lifestyle

Hanging on

Found exclusively on the islands of Borneo and Sumatra, orang utans may well be facing extinction in the wild as their habitat continues to shrink, leaving them vulnerable to starvation and poaching. An estimated 13,000 orang utans remain in Sabah today but they may all disappear over the next 20 years unless serious efforts are taken to protect these unique primates.

Business

Fairfax full-year profit doubles

Australian newspaper publisher John Fairfax Holdings Ltd reported yesterday its full-year profit had more than doubled, thanks to tighter cost controls, improved advertising revenues and a smaller loss at its Internet business.

Business

People friendly budget expected

Being an election year, we can probably look forward to a reduction in corporate and personal taxes to be the agenda, says Tan Boon Lee Malaysian Association of Hotel Owners president.

Business

A smaller budget deficit on the cards

THE Budget 2004 to be presented on Sept 12 is expected to be another deficit budget, though the size may be smaller when compared with the average deficit of 4.5% of gross domestic product (GDP) during the 1998-2003 period, says Dr Rozali Mohamed Ali, Association of Banks in Malaysia chairman.

Business

MAS passenger traffic back to pre-SARS level

MALAYSIA Airline's (MAS) passenger load factor returned to its pre- SARS level of 74% last week, reflecting a remarkable recovery in the demand for its services, MAS chairman Tan Sri Azizan Zainul Abidin said.