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Tahan expects RM2.5mil in premiums from civil servants

COMPOSITE insurer Tahan Insurance Malaysia Bhd hopes to generate RM2.5mil in premium income from the government employees market via a salary deduction programme, said its chief executive officer, Razidan Ghazalli.

NPM expects RM1b sales

NATIONAL Panasonic (M) Sdn Bhd (NPM) is optimistic that its sales for the current financial year ending March 31, 2004 would surpass the RM1bil mark, managing director Jiro Tomotani said.

Only 8.9% of managers in Japan are women

Only 8.9% of managerial positions are occupied by women in Japan, compared with the Philippines 58.1% and US 46%.

Lucrative ground for investors

SRI Lanka is inviting Malaysian businessmen to invest in the war-torn island nation as it steps up efforts to lay the groundwork for peace.

Public Bank: Govt stimulus impact positive

THE government#039;s economic package is expected to have positive impact on the economy in the short and long term.

Suncity confident hotel occupancy rates will return to normal by Q2 next year

SUNWAY City Bhd (Suncity), the owner of Sunway Lagoon Resort Hotel which saw occupancy rates drop to a historic low of 40% in April, sees a glimmer of hope this month as the trend has bottomed out and things are likely to return to normal by the second quarter of this year.

FMM: Wide measures to have extensive impact

THE Federation of Malaysian Manufacturers (FMM) said the wide range of measures under the economic package would have extensive impact on all economic sectors, directly and indirectly.

Greater spending power with cut in EPF contribution

CONSUMERS who were thinking of tightening their purse strings are unlikely to do so now that extra money is being put in their pockets following the announcement of the government#039;s economic package.

The package needs good delivery


Package to stimulate growth

Prime Minister Datuk Seri Dr Mahathir Mohamad will unveil the Government's long-awaited economic stimulus package tomorrow. WONG SULONG provides a layman's guide to why the government is taking this initiative and the outlook for the Malaysian economy.