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OUR CEO OUTLOOK 2003 today features the Malaysia-based CEOs of three of the largest IT corporations #8211; Datuk Wong Siew Hai of Intel Corp, Khatijah Shah of SAP, and T.F. CHONG of Hewlett-Packard (HP). The three CEOs are looking forward to 2003 as they expect a pickup in the world economy will boost spending on IT.
OPTIMISTIC - that#039;s how group chairman Tan Sri Mohd Saleh Sulong feels about the DRB-HICOM Bhd group#039;s prospects this year.
A FURTHER decline in rental values in the office and retail sub-sectors and increasing construction cost in the property sector are among the trends expected this year, according to a survey by international property consultancy C.H. Williams Talhar and Wong (WTW).
FURNITURE manufacturer Tom-isho Holdings Bhd expects to be back in the black for the current financial year ending July 31, 2003, after finishing the last 2 years in the red.
TAHAN Insurance Malaysia Bhd, which will go full force in re-branding its insurance products after completing the merger with its two insurance partners, expects revenue from insurance premiums to grow 20% to 25% this year.
PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.