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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.

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.

Business 11 Jul 2003 | 12:00 AM

IRB tightens transfer pricing rules

THE noose is tightening on companies that use price or cost manipulations in transactions with related parties to #147;adjust#148; their tax bills following the introduction by the Inland Revenue Board (IRB) of sweeping new guidelines that could paralyse this practice.

Business 02 Aug 2003 | 12:00 AM

Asia takes up drumbeat of cheery news

A string of mostly cheery figures from across Asia yesterday has reinforced the recent message from Europe and the United States that the global economy is slowly looking up.

Business 30 Aug 2003 | 12:00 AM

Global deflation a low probability event, says report

DESPITE the downward trend in global prices, a global deflation crisis is still a low probability event, Public Bank said in the August 2003 issue of I>Public Bank Economic Review/I>.

Business 03 Nov 2003 | 12:00 AM

Rafidah: Revive trade talks

Diverging agendas between the developed and developing nations resulted in the failure of the World Trade Organisation (WTO) Ministerial Conference in Cancun, Mexico, two months ago. But, writes International Trade and Industry Minister Datuk Seri Rafidah Aziz, the outcome of the meeting should not be cause for despair. She explains why the trade talks collapsed and calls on the WTO to focus on areas where convergance of views exists.

Business 03 Dec 2003 | 12:00 AM

Asian stock markets to remain buoyant, says JP Morgan

HIGH liquidity, stronger currencies and robust domestic growth will keep Asian stock markets buoyant next year notwithstanding anticipated interest rate hikes and political concerns in certain parts of the region. Investor interest will also be shifting from cyclical I>beta/Istocks to those with long-term growth potential.