By David Tan

The Star, May 15, 2012

 

GEORGE TOWN: Agility, a public-listed logistic company in the Kuwait Stock Exchange and Dubai Financial Market, expects its overland trucking and warehouse operations in the Malaysia to spearhead the growth of its subsidiary, Agility Logistic Sdn Bhd, this year.

Agility chief executive officer Morten Damgaard (South-East Asia/Malaysia) said this was due to the improvements made in the highways and land routes connecting Indochina, Thailand...

By Marina Emmanuel

Business Times, May 16, 2012

 

GEORGE TOWN: Malaysia's strong manufacturing base in semiconductors will make it easier for the country to shift to green technology, an international clean technology adviser said.

Dr William Kao, who is the adviser to China and Taiwan, said the country's strong manufacturing base in electrical and electronics (E&E) will help it evolve up the value chain, while availing itself to changing technologies, especially the green...

By Aaron Ngui

The Sun, May 16, 2012



GEORGE TOWN (May 16, 2012): The Malaysian Investment Development Authority (Mida) is confident that the country can successfully tap the various business opportunities in the electrical and electronics (E&E) sector.

Mida chairman Tan Sri Dr Sulaiman Mahbob said there were tremendous opportunities in the sector this year and next, noting that approvals for E&E investments were the highest last year.

"Notwithstanding what is happening in...

By Rupa damodaran

Business Times, May 10, 2012

 



Foreign demand for Malaysia’s electrical and electronic (E&E) products is expected to rebound in the second half of the year, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

“We have been talking to companies here and the consensus is that there will be a recovery in the E&E sector in the second half,” he told a media briefing on the first-quarter trade performance here yesterday.

Exports grew...

By David Tan

The Star, May 9, 2012



TWO well-known Penang-based companies — Public Packages Holdings Bhd (PPH) and Gan Chai Leng Sdn Bhd — are undertaking the development of three heritage hotel projects with an approximate development cost of around RM75mil at George Town’s central banking district, which will further boost the reputation of inner George Town’s World Heritage Site (WHS) status.

The plans for the three hotels have been submitted to the local authorities for...

The Sun, May 8, 2012



 

KUALA LUMPUR, May 8 (Bernama) -- Bilateral trade between Malaysia and the European Union (EU) is expected to continue growing from a record RM131.068 billion last year.

Vincent Piket, Ambassador and Head of Delegation of EU to Malaysia, said the grouping saw vast potential for trade to grow.

"We see more potential to be created after Malaysia and the EU signs the free trade agreement, slated to be before end of this year.

"We will then focus more on the small...

By Premalatha Jayaraman

The Sun, May 8, 2012

 

KUALA LUMPUR (May 8, 2012): US-based audio equipment maker Bose Corp is setting up a manufacturing facility in Penang — its first in Asia-Pacific — to serve the booming market in the region, said its vice-president for manufacturing and global supply chain Bryan Fontaine.

He said the facility, its sixth wholly-owned manufacturing plant and first combined manufacturing and development facility in Asia-Pacific, will serve Asean countries...

By Marina Emmanuel

Business Times, May 7, 2012

 

 

A charter flight incentive programme aimed at increasing tourist arrivals into Penang is being developed by the Northern Corridor Implementation Authority (NCIA) with a plan of zooming into segments like healthcare travel and business tourism.

 

NCIA chief executive Datuk Redza Rafiq said the authority is currently working with Malaysia Airports Holdings Bhd (MAHB) to finalise details and components for a charter programme, which...