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Business 06 May 2003 | 12:00 AM

Premium rates to stay

GREAT Eastern Life (M) Bhd does not expect any increase in its premium rates over the next 1 to 2 years, said chief executive officer Alex Foong.

Business 05 May 2003 | 12:00 AM

Steps to nursing a sick firm back to health

Book review by HAN AI LEEN. Title: Corporate Turnaround #8211; Nursing a Sick Company Back to Health. Author: Michael Teng. Publisher: Prentice Hall.

Business 03 May 2003 | 12:00 AM

RAM places hotels on rating watch

RATING Agency Malaysia Bhd (RAM) has placed a rating watch with a negative outlook on some hoteliers in Malaysia in view of the increasing threat from the Severe Acute Respiratory Syndrome (SARS) on the Industry.

Business 03 May 2003 | 12:00 AM

Dairy Farm expects Tops deal to be completed by 3rd quarter

Dairy Farm, which has concluded an agreement to buy 34 I>Tops/Isupermarkets from Royal Ahold, expects the deal to be completed by the 3rd quarter of 2003.

Business 02 May 2003 | 12:00 AM

Businesses remain wary of likely SARS impact

The local business community remains cautious about the likely impact of the Severe Acute Respiratory Syndrome (SARS) outbreak on its activities, even though the World Health Organisation (WHO) said the incidence of SARS has peaked in a number of affected countries.

Business 01 May 2003 | 12:00 AM

Euro, Aussie gain against greenback

THE euro and the Australian dollar continued to strengthen against the US dollar yesterday as investment money looked for better-yield assets. In early London trade, the euro hit a four-year high of US$1.1073, and the Aussie a three-year high of 62.19 US cents.

Business 30 Apr 2003 | 12:00 AM

Bank stocks may stay in favour

SELECT banking stocks with good asset quality and good dividend yield are expected to remain on investors#039; buying lists despite the current weak market conditions.

Business 29 Apr 2003 | 12:00 AM

Higher standards needed for medical and health insurers

THE further development and sustainability of the medical and health insurance (MHI) business in the long run depends largely on the cooperation, commitment and professionalism of all stakeholders.

Business 29 Apr 2003 | 12:00 AM

Tokyo stocks hit 20-year low, but easing SARS fears lift HK and Singapore

Japanese stocks plum-bed to fresh 20-year lows yesterday on dismay over Sony Corp's earnings, but the Hong Kong and Singapore markets firmed after the World Health Organisation (WHO) an-nounced that the two islands' severe acute respiratory syndrome (SARS) outbreaks had peaked.

Business 29 Apr 2003 | 12:00 AM

AIA targets RM30mil in premiums from new plan

AMERICAN International Assurance (AIA) Malaysia, which recently launched I>Lifestyle 5,/Ia new protection plan that provides second medical opinions to policyholders, expects RM30mil in business premiums for the scheme for the financial year ending Nov 30, 2003.