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Business 03 Jun 2003 | 12:00 AM

Dazhong plans to sell its stake in Allianz JV

China#8217;s Dazhong Insu-rance aims to sell its stake in a mainland venture with Germany#8217;s Allianz, trying to enhance its financial health before going for a public listing, a Dazhong executive said on Monday.

Business 31 May 2003 | 12:00 AM

Japanese life insurers report weaker solvency margin ratios

B>TOKYO: /B>The bulk of Japan's top life insurers reported yesterday falls in a key gauge of their ability to pay policy obligations, highlighting the precarious state of their financial health as stock prices plunged in the past year.

Business 28 May 2003 | 12:00 AM

Developers fret about new accounting rule

AN INTERNATIONAL accounting standard on the treatment of investment properties that Singapore may adopt is giving property developers some sleepless nights.

Business 28 May 2003 | 12:00 AM

Analysts: Worst over for SARS-hit airlines

WITH the lifting last weekend of a travel ban to Hong Kong and China#8217;s Guangdong province by the World Health Organisation, the first glimmers of hope are appearing for Asia#8217;s embattled airlines, which have been struggling with poor passenger numbers and bottom lines, hit by the Severe Acute Respiratory Syndrome (SARS) virus.

Business 28 May 2003 | 12:00 AM

Awards for SMIs and SMEs

THE SMI Association of Malaysia is organising its second annual SMI Recognition Award Series 2003 to recognise the achievements of small- and medium-sized industries (SMIs) and small-and medium-sized enterprises (SMEs) in Malaysia.

Business 27 May 2003 | 12:00 AM

AXA Affin sees premium boost

AXA Affin Assurance Bhd, a leading player in the motor insurance sector, expects a better set of results this year, partly due to the company#039;s cost cutting and risk management measures.

Business 24 May 2003 | 12:00 AM

Amcham welcomes economic package

THE American Malaysian Chamber of Commerce (Amcham) said it welcomes what it describes as a well rounded and timely economic package.

Business 24 May 2003 | 12:00 AM

Apex to build new warehouse in Subang Jaya

APEX Healthcare Bhd plans to build a new office and warehouse complex in Subang Jaya, Selangor, its managing director Dr Kee Kirk Chin said.

Business 23 May 2003 | 12:00 AM

Healthcare sector awaits details

THE healthcare industry players have expressed disappointment over the lack of details on promoting health tourism despite the sector being touted as one of the country's new growth area.

Business 22 May 2003 | 12:00 AM

Japanese banks need to stave off crisis

B>TOKYO:/BCentral bank governor Toshihiko Fukui said Japan could see a financial crisis #147;at any time#148; unless its banking sector is fixed, adding that the country#039;s banks are becoming more vulnerable to shocks.