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Business 02 Jan 2003 | 12:00 AM

A promising year lies ahead

CEOS believe Malaysia will do well in 2003 despite uncertainties for the global economy.

Business 04 Jan 2003 | 12:00 AM

Chapter on Clob to close with little impact

THE Central Limit Order Book, known fondly or otherwise as Clob, will soon be put to rest.

Business 06 Jan 2003 | 12:00 AM

Smaller companies head to Asia for investments

Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.

Business 22 Feb 2003 | 12:00 AM

Emerging economies need to strike balance

THERE is a need for emerging market economies to strike a balance between the need to maximise the benefits of the financial globalisation and to maintain financial stability for long-term sustainable growth, according to a Public Bank research paper published in the January issue of its I>Economic Review/I>.

Business 22 Feb 2003 | 12:00 AM

Malaysia M&A - one step back, two steps forward

Foreign acquisitions fell in 2002, but this was more than offset by growth in deals done by Malaysian acquirers. The bright spot? Malaysian corporates are venturing abroad again.

Business 07 Mar 2003 | 12:00 AM

WCT gets US$27mil facilities for Bahrain F1

STANDARD Chartered Bank announced the successful completion of a cross-border dual syndicated facilities for WCT Engineering Bhd worth US$27mil to be used for the construction and maintenance of the Bahrain International Formula One (F1) racing circuit.

Business 08 Mar 2003 | 12:00 AM

PLUS on a steady path

PLUS Expressways Bhd has indeed come a long way. But one thing has remained certain through the wild swings of the economy, the rise and fall of its parent United Engineers (M) Bhd that led to its own indebtedness and change of control - it has always been a prized asset.

Business 18 Mar 2003 | 12:00 AM

Gold, oil prices soar again on threat of war

GOLD and crude oil prices spiked up again but the US dollar lost strength in Asia yesterday as fears of an impending war loomed after the United States hardened its resolve to launch a military attack against Iraq.

Business 20 Mar 2003 | 12:00 AM

India's tech firms warn of possible economic fallout from Iraq war

India's technology companies on Thursday warned that American policies that led to its attack Iraq might impact the global economy more than the war itself.

Business 21 Mar 2003 | 12:00 AM

Reports of fires at Iraqi oil wells feed fears of widespread sabotage

Flames lit up the nighttime desert sky from the direction of Iraq's petroleum center Basra, and U.S. and British forces entering southern Iraq saw oil wells on fire.