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Wooing China, Mid-East tourists

TODAY'S CEO OUTLOOK 2003 features two CEOs in the hotel sector and one in the information technology (IT) industry

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.

Bank of China chief to head watchdog

Bank of China president Liu Mingkang will step down to take charge of a new banking regulatory body expected to be split off from the central bank later this year, according to banking and government sources.

No regrets becoming a hotelier

ALEXANDER Jovanovic, who studied to be a registered nurse in Australia, ended up instead working as a hotelier.

New York Life plans aggressive expansion in China and India

The biggest life insurer in the United States New York Life Insurance is planning an aggressive expansion to make China its largest overseas market, according to state press.

Siemens CEO on two-day business visit to Malaysia

THE president and CEO of Siemens AG, Dr Heinrich von Pierer, arrived in Kuala Lumpur yesterday for a two-day visit during which he will have discussions with Malaysian government officials and businessmen on economic issues and possible joint ventures.

News Corp to gain broader China broadcast rights

News Corp#8217;s year-old Mandarin-language TV channel is set to gain new rights from Beijing which will expand its broadcast area in China to selected venues throughout the country, according to an industry source.

China FDI tops US$50b, seen higher in 2003

Foreign firms invested a record US$52.7bil in China in 2002 and may pour in even more this year, lured by cheap labour and an economy that has defied a global slowdown, economists said yesterday.

HSBC reportedly buying stake in another China bank

Global banking giant HSBC will take a 15% stake in the Bank of Communications, China#8217;s fifth largest bank, a Beijing-backed newspaper reported yesterday.

Foreign business news in brief

Foreign business news in brief including from Helisinki that Finnish telecoms equipment maker Nokia has won contracts worth more than US$70mil to expand a GSM network and services for Beijing Mobile Communications Co Ltd.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.