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OSK-UOB Unit Trust eyes RM1.5b fund by year-end

OSK-UOB Unit Trust Management Bhd, the largest stock broking-backed unit trust management company in the country and the ninth largest player in terms of total funds under management, is hopeful of achieving a fund size of RM1.5bil by year-end.


Outlook subdued for global industry

The outlook for global industry is subdued at best with manufacturing surveys from the United States, Europe and Japan showing either the barest evidence of growth or outright contraction.


Don't waste old batteries

There may be as many as five million registered mobile phone subscribers in the country, and the number is escalating, given the incredible convenience offered by this nifty gadget. Every year, 2.5 million cell phone batteries are discarded, and most of them eventually end up as hazardous wastes which pollute the water we drink. But all this can be avoided if only users would send their used batteries for recycling.


UOB net profit gets acquisition boost

UNITED Overseas Bank (UOB) reported yesterday a 15.1% rise in 2002 net profit, becoming Singapore#146;s most profitable bank after the acquisition of rival Overseas Union Bank (OUB) boosted its loans portfolio.


Malaysians spending habits

MALAYSIANS spend a high percentage of their household income on food, groceries and personal care items, ranked joint third among the ten important economies in the Asia-Pacific region minus Japan.


Housing loans to expand at slower pace

Housing loans should continue on an expansionary trend this year, albeit at a slower pace owing to economic and geopolitical uncertainties.

AseanPlus News

Taiwan's premier pushes for economic stimulus bills

Taiwan's legislature opened a new session on Tuesday with Premier Yu Shyi-kun pushing for several bills aimed at spurring the economy and curbing rising unemployment ahead of the 2004 presidential race.


Better Q2 Sime results seen

SIME Darby Bhd is expected to show bigger profits for the 2nd quarter of its current financial year but all eyes will be on whether the company raises its interim dividend accordingly.


Dulling the senses

Mary Schneider: Girl, intoxicated.


Soothing the aches in bones

Whether you are 20 or 80, you should take measures to protect yourself from disorders like osteoporosis and rheumatoid arthritis.