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THE insurance industry is expected to perform better this year compared with 2002, according to industry players. Last year, the life and general business recorded premium growth of 16.2% and 10.9% respectively.
B>BEIJING:/BDays after China conceded it bungled the handling of the SARS outbreak, public anger over the foul-ups is spreading like a virus.
THE World Bank has forecast that Malaysia#146;s economy would grow by 4.2% this year and 5.5% next year despite geopolitical uncertainties and the impact of the Severe Acute Respiratory Syndrome (SARS) outbreak on economic activity. It said strong economic fundamentals gave the country #147;greater flexibility to sustain economic recovery.#148;
Spain is split over plans to re-route the River Ebro. Those living in parched lands welcome the project but others fear it will wreck an ecologically important wetlands, EMMA ROSS-THOMAS reports.
When experts first heard of a respiratory disease spreading from person to person in Asia, there was fear that this could be the Big One that they had been dreading #8211; a re-run of the deadly 1918-1919 influenza epidemic that killed more than 20 million people around the world. Fortunately, this has proven unfounded, writes RAJEN M.
Samsung Electronics Co Ltd registered a worse-than-expected drop of 41% in first-quarter profit yesterday because of a slump in memory chip prices, but its shares rose on hopes for an industry rebound.