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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.
NATURAL and man-made catastrophes in 2002 caused economic losses estimated at US$40bil worldwide, of which the insurance industry was liable for around US$12bil, according to preliminary estimates derived from Swiss Reinsurance Company (Swiss Re) I>sigma/Ireport.
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).
WITH 2002 being a favourable year for world commodity markets, many plantation companies have been benefiting from the surge in crude palm oil prices. Thus, it comes as no surprise that many are putting aside a larger cash horde to reward shareholders.