Eileen Ng

Sri Lankan PM seeks to allay peace fears, deepen regional trade links

Sri Lankan PM seeks to allay peace fears, deepen regional trade links

Sri Lankan Prime Minister Ranil Wickremesinghe today played down fears over Sri Lanka's stalled peace process as he sought deeper trade links with the rest of Asia.
PM: MSC to be linked with other cyber-cities worldwide

PM: MSC to be linked with other cyber-cities worldwide

Malaysia's seven-year-old hi-tech Multimedia Super Corridor (MSC) has surpassed expectations and will be expanded and linked with similar cyber-cities worldwide, Prime Minister Mahathir Mohamad said today.
M'sia buys rights to revolutionary 'anti-terror' microchip: Mahathir

M'sia buys rights to revolutionary 'anti-terror' microchip: Mahathir

Malaysia has bought the rights from a Japanese firm to the world's smallest microchip that can be embedded in everything from currencies to human bodies and will boost the global anti-terror war, says premier Dr Mahathir Mohamad.
Mahathir pushes for East Asian bloc, backs regional monetary fund

Mahathir pushes for East Asian bloc, backs regional monetary fund

Prime Minister Dr Mahathir Mohamad today renewed his call for an East Asia Economic Grouping (EAEG) and backed a proposed regional monetary fund independent of the International Monetary Fund (IMF).
US electronics firms in M'sia see 15 percent sales growth

US electronics firms in M'sia see 15 percent sales growth

Major US electronics firms in Malaysia forecast export sales to surge 15 percent this year and grow even faster in 2004 amid an upturn in the global semiconductor sector.
HSBC, Ericsson regional centres boost nation's high-tech bid

HSBC, Ericsson regional centres boost nation's high-tech bid

Two industry giants, British banking group HSBC and Sweden's telecoms firm Ericsson, launch regional centres here in a boost to the country's bid to become a high-tech hub.
Asia need not fear China's military, economic power: PM

Asia need not fear China's military, economic power: PM

Asian nations need not fear China's growing military and economic power because it has no tradition of foreign conquest and its burgeoning market offers vast opportunities, says premier Dr Mahathir Mohamad.

KL, Bangkok seek to cast aside rivalry for economic integration

KL, Bangkok seek to cast aside rivalry for economic integration

Malaysia and Thailand sought today to cast aside economic rivalries and work towards closer integration to boost their industries and tap growth potential in Asean's markets.
PM outlines economic vision, sees currency peg as 'long-term'

PM outlines economic vision, sees currency peg as 'long-term'

Malaysia's five-year-old currency peg is set to be a legacy of outgoing Prime Minister Dr Mahathir Mohamad, who describes it as a "long-term solution" to fight manipulation by rogue currency traders.
BMW gears up for Asian auto boom

BMW gears up for Asian auto boom

German luxury car maker BMW unveil plans to expand in Malaysia as part of moves to strengthen its presence in Asia where it plans to double sales to 150,000 units in the next five years.

Banks at crossroads ahead of market liberalisation

Banks at crossroads ahead of market liberalisation

Two years after a sweeping consolidation, local banks are again at a crossroads as they seek a new round of mergers to stay competitive ahead of market liberalisation, say analysts.
Experts warn world against dropping guard, Sars a 'wake-up call'

Experts warn world against dropping guard, Sars a 'wake-up call'

Global health experts and officials warns against complacency as they sought ways to boost the world's health systems to prepare for a possible resurgence of Sars and future pandemics at a World Health Organization conference.
Mahathir proposes euro-dollar basket for oil trades

Mahathir proposes euro-dollar basket for oil trades

Prime Minister Dr Mahathir Mohamad proposes a currency basket of the euro and the US dollar for oil trades to hedge against a weak greenback and manipulation by currency traders.

Proton changes rules of the game to gear for Afta battle

Proton changes rules of the game to gear for Afta battle

National carmaker Proton is gearing up for greater foreign competition as motoring-crazy Malaysia prepares to slash tariffs on car imports by 2005 under a regional free trade area.
West-bashing Mahathir joins G8 dialogue before retiring

West-bashing Mahathir joins G8 dialogue before retiring

Prime Minister Mahathir Mohamad, a fierce critic of Western dominance in world affairs, leaves this week to join a dialogue o­n the sidelines of the G8 summit in o­ne of his last international appearances before stepping down in October.
Political transition ahead of polls augurs well for Pak Lah?

Political transition ahead of polls augurs well for Pak Lah?

A new generation of politicians is beginning to take over Malaysia's ruling political parties ahead of Prime Minister Dr Mahathir Mohamad's retirement and impending general elections.
Stimulus package not enough to boost growth: economists

Stimulus package not enough to boost growth: economists

The tourism industry and the business sector give the thumbs-up to RM7.3 billion stimulus package announced yesterday, but economists say it will not be able to lift growth to a targeted 4.5 percent this year.
Govt unveils stimulus measures to bolster capital market

Govt unveils stimulus measures to bolster capital market

The government introduces new measures to bolster the ailing stock market and the slowing economy amid fears of war in Iraq, but analysts say these measures will make little difference.

Acting PM tells M'sians to discard 'third world mentality'

Acting PM tells M'sians to discard 'third world mentality'

Abdullah Ahmad Badawi, in his first day as acting prime minister, gives a no-holds barred speech calling shy Malaysians to stop relying o­n government contracts and concessions, and to root out corruption.
Iraq under pressure to disarm as NAM states reject US attack

Iraq under pressure to disarm as NAM states reject US attack

West's 'racist' terrorism war attacked as NAM confab opens

West's 'racist' terrorism war attacked as NAM confab opens

Western nations were attacked Thursday for "racist" policies in the war against terrorism as the 114-nation Non-Aligned Movement (NAM) began a conference expected to be dominated by the Iraq crisis.


No high growth for M'sia until it becomes competitive: economists

No high growth for M'sia until it becomes competitive: economists

Economists predict that the economy is likely to grow only moderately over the next few years until it can sharpen its competitiveness.
Afta spells doom for local car assemblers, dealers

Afta spells doom for local car assemblers, dealers

Honda to invest RM374 million by 2005

Honda to invest RM374 million by 2005