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Business 05 Mar 2003 | 12:00 AM

Favourable OECD report boosts Aussie to 3-year high

The Australian dollar powered through 61 US cents to a three-year high yesterday after the Organisation for Economic Co-operation and Development (OECD) praised Canberra for its sound management that made Australia one of the world#039;s best performing economies.

Business 10 Mar 2003 | 12:00 AM

Transitional years crucial for Asean

THE next few transitional years will be very important for Asean. #147;We all have to reinvent the model,#148; said Citigroup#039;s new chief country officer Piyush Gupta.

Business 15 Mar 2003 | 12:00 AM

World markets extend rally as uncertainty over Iraq lifts

MOST stock markets around the world continued to rally yesterday on the belief that war in Iraq would break out at any moment, removing the element of uncertainty that has for months eroded investor sentiment.

Business 26 Mar 2003 | 12:00 AM

OECD convenes KL roundtable on corporate governance

THE Organisation for Economic Cooperation and Development (OECD) is convening a roundtable of high-level regulators, experts and business leaders in Kuala Lumpur for three days beginning today to complete a white paper on corporate governance in Asia, according to a statement.

Business 27 Mar 2003 | 12:00 AM

Best practices proposed for institutional investors

THE Securities Commission (SC) proposes to introduce a set of best practices and standards for institutional investors to help them vet investee companies for corporate governance.

Letters 13 Apr 2003 | 12:00 AM

Low childbirth alarm goes off

SEOUL: Korea's population grew by 0.63% over the past year, but demographers predict a net decline beginning in the next decade at the earliest. Seeing a red warning light flashing, social welfare officials are already working on high-fertility incentives, and other measures, to encourage childbirth.

Business 24 Apr 2003 | 12:00 AM

Malaysian accounting standards second to none in region

Letter to the Editor from Datuk Oh Chong Peng.

Business 25 Apr 2003 | 12:00 AM

SARS takes increasing toll on Asia

Economic fallout in Asia from the Severe Acute Respiratory Syndrome (SARS) crisis mounted yesterday as the World Bank cut its regional growth forecast, Hong Kong received a credit rating blow, and investors dumped shares in Asian retailers and exporters to China.

Business 07 Jun 2003 | 12:00 AM

M'sia productivity grows by 2.5%

MALAYSIA'S productivity grew by 2.5% last year, attributed to higher capacity utilisation in industries from an improvement in both domestic and external demand, National Productivity Corp (NPC) said in its 2002 report.

Business 04 Jul 2003 | 12:00 AM

Aussie hits five-year high against US dollar

THE Australian dollar hit a five-year high against the greenback at 68.16 US cents in early Asia trade yesterday, in the wake of the Reserve Bank of Australia's decision to leave interest rates unchanged at 4.75% for the 13th consecutive month.