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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

Saleh upbeat about DRB-HICOM prospects

OPTIMISTIC - that#039;s how group chairman Tan Sri Mohd Saleh Sulong feels about the DRB-HICOM Bhd group#039;s prospects this year.

Business

Allianz emerges as major risk insurance player after alliance

ALLIANZ General Insurance Malaysia Bhd has become one of the major industrial risk insurance players in Malaysia with a significant market share just two years into its strategic alliance with Germany#146;s Allianz AG, according to chief executive officer William Mei.

Business

US factory data upbeat

US manufacturing stepped out of the doldrums in December, expanding by a lot more than expected, but the improvement was at odds with other soft economic news recently, and did not change expectations for a gradual recovery in 2003.

Business

Unit trust sector positive on growth

EVEN though 2003 will be a challenging year for the unit trust industry in view of the global economic slowdown and depressed investment environment, many unit trust management companies are still optimistic that the industry will continue to grow this year.

Other Sport

Hammers' boss Roeder sees tide turning after Cup escape

West Ham boss Glenn Roeder believes a dramatic FA Cup win over Nottingham Forest can be the spark that ignites the Hammers season.

Business

2003 uptrend for Islamic bonds

AS the equity markets continue to take a beating in the uncertain global geopolitical climate, economists are more bullish on the growth prospects of the bond markets, particularly Islamic private debt securities (PDS), this year.

Nation

Tribute song sums up gratitude for his contributions

Prime Minister Datuk Seri Dr Mahathir Mohamad received a standing ovation from more than 30,000 people yesterday when the song I>Thank You For Being A Friend /I/I>was specially dedicated to him at the ground-breaking ceremony for Universiti Tunku Abdul Rahman (Utar).

Business

Choppy trading of CPO likely

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.

Business

Index futures can hold steady

MDEX Index Futures. A weekly column by G.M. Teoh.