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Jewellery players upbeat on local market

RETAIL jewellery outlets are mushrooming in Malaysia, especially in the Klang Valley. In the face of more intense competition, the retail jewellery players still remain fairly optimistic about the Malaysian market.


Treasure hunters end up in police lock-up

I>TAMIL Nesan /I>highlighted the story of 10 men who went on a treasure hunt in the compound of a deceased philanthropist's house on Saturday and ended up in the police lock-up.


Brilliant Rose diamond business glitters forever

A DIAMOND lasts forever and Brilliant Rose Diamond Boutique plans to do the same.


Two held over murder of elderly housewife

Police arrested two suspects in the past few days in connection with the murder of a 69-year-old housewife in Malau early this month.


Gold dealer arrested to help in probe

A gold dealer, who took five days to report he had been robbed of RM600,000 in jewellery and gems last week, has been arrested.


Festive shopping to pick up next week

Chinese New Year shopping is expected to heat up towards the end of the month with retailers expecting monthly sales to increase between 15% and 20%, Malaysian Retailer-Chains Association president Datuk Dr Chin See Keat said.


Gold price soars to 6-year high

GOLD prices climbed further yesterday, hitting a six-year high of US$364.50 in Asia trading as heightened fears of war between the US and Iraq prompted investors to pour money into the traditional safe haven.


Bank of Taiwan keen to set up branch in Malaysia

From the Chinese Press: Human Resources Minister Datuk Dr Fong Chan Onn said he would convey to the Cabinet the Bank of Taiwan's interest in setting up a branch in the country.


Widow's millions go to charity

SINGAPORE: Advertising executive Henry Lim will have to move out of the two-storey house he has called home for all his life.


News briefs from Hong Kong

News brief from Hong Kong including: On-the-job training for job hunters; Ecstasy pills strapped to man#8217;s body; Chopstick lesson costs man dearly.