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Business 03 Jan 2003 | 12:00 AM

Asian employers turn to wage freeze

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.

Business 03 Jan 2003 | 12:00 AM

Citibank buys 5% of Pudong Bank

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.

Business 04 Jan 2003 | 12:00 AM

DDB aims for top three in region

DDB International president (Asia-Pacific) Michael Bray is generous in his praise of DDB Worldwide's Malaysian operations, Naga DDB.

Education 05 Jan 2003 | 12:00 AM

RM1mil for work on anti-porn software

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;.

Letters 05 Jan 2003 | 12:00 AM

Entertainment dreams ride high

Long regarded as bourgeois entertainment for capitalist exploiters, theme parks these days are held in greater esteem.

Business 06 Jan 2003 | 12:00 AM

How sustainable is our recovery?

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%).

Business 06 Jan 2003 | 12:00 AM

Xian Leng hopes to net main board listing

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.

AseanPlus News 06 Jan 2003 | 12:00 AM

Close shave for vessels daily

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.

Other Sport 07 Jan 2003 | 12:00 AM

Karamjit and Allen can vie for Sportsman Award

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.

Other Sport 09 Jan 2003 | 12:00 AM

Ambitious Meritus in search of fresh talent

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.