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Business

Optimistic mood in IT industry

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.

Business

A promising year lies ahead

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

Business

Asian employers turn to wage freeze

Employers in Asia are increasingly turning to wage freezes in 2003 with salary hike prospects clouded by a shaky global economic rebound and the threat of a US war with Iraq, according to a survey report published yesterday.

Business

D'Arcy to handle Time dotCom marketing jobs

D#8217;ARCY Malaysia, which is part of the Publicis Group, has been awarded Time dotCom Bhd's marketing communication business, in a multi-way shootout that includes incumbent Grey Worldwide Malaysia, Batey Ads and McCann Erickson.

Business

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

Lessons on giving reality a twist

A LITTLE over a month ago, the chief creative officer of Lowe Partners Worldwide, Adrian Holmes, was in the city to give a back-to-basics talk titled I>Thinking Inside the Box/I>.

Business

Swiss Re: US$40b global insurance losses last year

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.

Business

Adapting to rapidly changing ICT

INFORMATION and communications technology is developing so rapidly that new approaches to skills development and decision-making must be acquired, said Professor Brian Clayton, vice-president of University of Nottingham, Malaysia campus.

Business

Property sector needs a boost

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).

Business

Profit surge makes Kulim a CI performer

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.