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Employers in Asia are increasingly turning to wage freezes in 2003 with salary hike prospects clouded by a shaky global economic rebound and the threat of a US war with Iraq, according to a survey report published yesterday.
Citibank, a unit of US financial titan Citigroup Inc, will pay about 600 million yuan (US$72mil) for a 5% stake in Shanghai Pudong Development Bank in its first strategic partnership in the potentially huge China market.
DDB International president (Asia-Pacific) Michael Bray is generous in his praise of DDB Worldwide's Malaysian operations, Naga DDB.
The Asia Pacific Institute of Information Technology (APIIT) was recently awarded a research grant amounting to about RM1mil from the Multimedia Grant Scheme (MGS) for its proposed product #8220;Fileshield#8221;.
Long regarded as bourgeois entertainment for capitalist exploiters, theme parks these days are held in greater esteem.
Going into 2003, Malaysia economic recovery is expected to be sustainable in spite of a slowing US economy. We see real GDP sustaining at 4.3% in 2003 (2002e: 4.0%).
DEVELOPING a hobby into a lucrative business and having that company listed on the second board of the KLSE is a feat. What's interesting is that the venture involved ornamental fish breeding, unlike the more popular technology or manufacturing-related businesses of companies seeking listing on the KLSE.
B>SINGAPORE:/BLike a slip road going into a major expressway, the waters where a major naval disaster took place on Friday night were always crowded with ships.
Malaysian rally ace Karamjit Singh and co-driver Allen Oh are in line for honours in the 2002 National Sports Awards, which will be presented in April.
Irish racing outfit, Meritus, led by motorsport veteran Peter Thompson, has launched an all-out campaign to secure top talent to continue the team#8217;s proven track record in Asian motorsports with an expanded 2003 programme.