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Business 11 Dec 2003 | 12:00 AM

Big investors pile into China Life as pricing nears

China Life Insurance, marketing the world's biggest initial public offering (IPO) this year at up to US$3bil, has attracted enough interest from institutional buyers to cover its order book by nearly 10 times, sources familiar with the deal said yesterday.

Business 08 Dec 2003 | 12:00 AM

Humility in a corporate world

HUMILITY still prevails in the corporate world. At least that trait is still portrayed by some people like Chia Song Kun, who despite the massive wealth they have made or donated, is still very much known as a plain Mr Chia.

Business 03 Dec 2003 | 12:00 AM

EOX in joint venture with Thai firm

EOX Group Bhd, through its wholly-owned subsidiary, Whittler Company Ltd, has formed a joint-venture company with Bangpakong Terminal Public Co Ltd (BTC) in Thailand.

Business 29 Nov 2003 | 12:00 AM

IRB’s new tool to boost revenue

IF the latest study showing how tax authorities worldwide are clamping down on #147;transfer pricing#148; is at all indicative, gloom and penalties are in store for unprepared firms when the Inland Revenue Board (IRB) comes knocking on the door.

Business 28 Nov 2003 | 12:00 AM

Taiwan shares close off November with modest rise Friday

Taiwan shares ended higher Friday led by technology issues, the day after the island's legislators approved a referendum law thought unlikely to provoke an angry response from China.

Business 24 Nov 2003 | 12:00 AM

Germany joins France in showdown over euro budget rules

Germany joins France in the European Union dock this week as finance ministers consider whether to punish the two overspenders for violating euro rules on deficits or let them off the hook yet again.

Business 22 Nov 2003 | 12:00 AM

GIIG says it controls Bakun project now

GULF International Investment Group (GIIG) Capital has confirmed that it is proceeding to take control of the Bakun hydroelectric power project through its proposed 60% stake in Sarawak Hidro Sdn Bhd.

Business 21 Nov 2003 | 12:00 AM

Trust banks see rise in will-managing business

The will the elderly Japanese man had prepared to reassure his wife about her financial future was having the opposite effect, emboldening her to go on shopping sprees.

Business 20 Nov 2003 | 12:00 AM

US dollar slides to all-time low against the euro

THE US dollar slid to an all-time low of 1.1975 against the euro and near a three-year low of 107.86 versus the Japanese yen in Asia trade yesterday.

Business 12 Nov 2003 | 12:00 AM

What a franchisor should bring to the table

IF you're thinking of buying a franchise, it's important that you understand what you should expect from your franchisor.