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Business 04 Jan 2003 | 12:00 AM

Investing in property abroad

JASON Tan, 34, started investing in Australian properties in 1995, two years before the financial crisis pulled the rug from under the feet of Asia. Today, he has one property in Malaysia, one in Singapore and six in Australia.

Business 04 Jan 2003 | 12:00 AM

Who buys them?

Here is a quick rundown of the type of investors who purchase properties abroad.

Business 06 Jan 2003 | 12:00 AM

Show houses to boost sales

THE RM2mil Hartamas Regency show residence looks like a big double-storey detached house from outside. However, the moment you step inside this air-conditioned building, you#146;ll be surprised to find that it houses a penthouse, an apartment and a sales office complete with water features, lounge area, and even mock-up lifts.

Business 07 Jan 2003 | 12:00 AM

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 08 Jan 2003 | 12:00 AM

DR Group to expand Skymall to more airports

DR Group Holdings Sdn Bhd hopes to expand its all-under-one-roof Skymall shopping experience at the Langkawi International Airport to other airports in the country, according to general manager Arshad Desa.

Business 11 Jan 2003 | 12:00 AM

MoU to buy six A380s signed

PENERBANGAN Malaysia Bhd (PMB) signed a memorandum of understanding (MoU) yesterday with Airbus to buy six A380-800 passenger aircraft, which can cost up to US$1.5bil.

Business 11 Jan 2003 | 12:00 AM

Cheam - the turnaround guy

CHEAM Tat Inn stunned the local information technology (IT) industry in early 2000 when he resigned as managing director of Compaq Computer Corp Malaysia, a position he held for only six months, to join Silicon Valley-based Arcadian Wireless Inc, a start-up.

Business 11 Jan 2003 | 12:00 AM

Commercial real estate for individuals

The country#8217;s demographics are changing and this results in investment opportunities emerging through demographic trends.

Business 16 Jan 2003 | 12:00 AM

Little to cheer about Bandar Raya

FAMED for its luxury housing projects in Bangsar and adjoining Bukit Bandar Raya #150; properties in Bangsar command a premium as it remains one of the most sought-after address after Kenny Hills and Damansara Heights #150; this developer is no stranger to property owners in the Klang Valley.

Business 18 Jan 2003 | 12:00 AM

US$2b Q2 net loss for Sun Microsystems

Server and software maker Sun Microsystems Inc has reported its largest net loss to date after taking more than US$2bil in acquisition-related charges, but managed to squeeze out a small operating profit thanks to stronger pricing and lower-than-expected component costs.