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Business 26 Mar 2004 | 12:00 AM

Swiss Re chalks up better-than-expected net profits

Swiss Re swung to higher-than-expected net profits of 1.7 billion Swiss francs (US$1.34bil) in 2003 amid strong demand for property/casualty reinsurance and another improvement in its financial services unit.

Business 20 Mar 2004 | 12:00 AM

Versus the CI

Sidek Kamiso writes on Golden Hope, IP, Tan Chong, PO and Mrgan Media

Business 01 Jan 2004 | 12:00 AM

BOP surplus widens by 67.5% in Q3

THE surplus in Malaysia's overall balance of payments (BOP) widened by an impressive 67.5% or RM5.6bil to RM13.9bil for the third quarter of 2003 from RM8.3bil in the second quarter, the statistics department said Wednesday.

Letters 30 Dec 2003 | 12:00 AM

Prioritise tax refunds for retirees

From Tax Refund for Retiree, Ampang.

Business 22 Nov 2003 | 12:00 AM

MNRB optimistic of higher profit for current year

MALAYSIAN National Reinsurance Bhd (MNRB) is optimistic of reporting better results for its current financial year to March 31, after posting a 77% increase in six months group pre-tax profit to RM58.3mil.

Business 31 Oct 2003 | 12:00 AM

Govt revenue seen to reach RM99.5bil in 2005

FEDERAL government revenue is expected to increase at an average rate of 5.6% per annum to RM99.5bil in 2005.

Business 13 Sep 2003 | 12:00 AM

BOP position expected to remain fundamentally strong

MALAYSIA#039;s overall balance of payments (BOP) position is expected to remain fundamentally strong and record a net inflow of RM15.2bil this year compared with RM14.2bil last year.

Business 01 Sep 2003 | 12:00 AM

LPI Capital reaping its harvest

TWO years after putting its liberalisation plan in action, LPI Capital Bhd through its wholly-owned subsidiary London Pacific Insurance Co Bhd (LonPac) is beginning to see the results by the striking numbers it achieved during the period.

Business 01 Jul 2003 | 12:00 AM

Reduced surplus in 1st quarter balance of payment

MALAYSIA has recorded a 47.8% decrease in the surplus of its overall balance of payments (BOP) to RM1.2bil for the 1st quarter this year compared with RM2.3bil in the 4th quarter of 2002.

Business 10 Jun 2003 | 12:00 AM

RAM reaffirms Aseambankers’ A2 and P1 ratings

ASEAMBANKERS Malaysia Bhd#039;s long-term and short-term ratings have been reaffirmed at A2 and P1 by Rating Agency Malaysia Bhd (RAM).