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Business 05 Sep 2003 | 12:00 AM

Citibank: M’sia has good operating environment

CITIBANK Bhd sees Malaysia as having a very good general operating environment for banks, said chief executive officer Piyush Gupta.

Business 04 Sep 2003 | 12:00 AM

New media giant emerging

B>PARIS: /B>US television network NBC has won Vivendi Universal's marathon show business auction with a proposed merger to create a new entertainment industry giant worth more than US$40bil.

Business 04 Sep 2003 | 12:00 AM

SEC wants details of NYSE chairman’s pay package

B>NEW YORK:/BThe top US securities regulator is seeking details of the US$140mil in compensation doled out to New York Stock Exchange (NYSE) chairman Richard Grasso, saying it raised many questions about the way the exchange was governed.

Business 03 Sep 2003 | 12:00 AM

Hiap Tek gains 15 sen premium on main board debut

HIAP Tek Venture Bhd shares made their debut on the KLSE main board yesterday with the first trade done at 70 sen for a 15 sen premium over their initial public offer (IPO) price of 55 sen.

Business 02 Sep 2003 | 12:00 AM

Phony health insurance plans on the rise in US

Phony health insurers are pocketing millions of dollars in premiums while leaving their victims with huge, unpaid medical bills, according to a report released last Thursday.

Business 02 Sep 2003 | 12:00 AM

M’sia working hard to maintain pace of FDIs

MALAYSIA was once among the front-runners together with Hong Kong and Singapore in receiving foreign direct investments (FDIs). The country is now working very hard just to maintain the pace.

Business 02 Sep 2003 | 12:00 AM

Tax experts to host hotline service

IN CONJUNCTION with Budget 2004, the Malaysian Institute of Accountants, in collaboration with the Malaysian Institute of Taxation, will host a hotline for the public on Sept 13 from 9am to noon, while Tax Advisory and Management Services Sdn Bhd (TAMS) will hold a series of tax seminars nationwide.

Business 01 Sep 2003 | 12:00 AM

Preparing a suitable estate plan

WHILE more and more upwardly mobile professionals are beginning to draft their own wills, the vast majority of Malaysians still have not prepared a detailed, well-crafted estate plan.

Business 01 Sep 2003 | 12:00 AM

South Korea seeks cooperation on new five-day workweek

South Korea's government Monday asked companies and workers to cooperate in the country's preparations for a five-day workweek.

Business 30 Aug 2003 | 12:00 AM

Making banking transactions more transparent

BANK Negara will enhance the scope of Bankinginfo #150; a joint consumer education programme it initiated with the Association of Banks in Malaysia #150; to include the rates and fees charged by all banking institutions on retail products.