P.I.E employees working at a production line in the Seberang Prai factory. The firm plans to make solar panel cables next year.

P.I.E. Industrial Bhd plans to make solar panel cables next year to diversify further its manufacturing capability and mitigate the impact of the global recession.

Man In The News

Zeti: Islamic finance can deal with crisis

Islamic finance, as a growing part of the international financial system, has the inherent ability to deal with the global financial crisis, says Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.

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Bruce Willis sues Tunku Imran over rubber venture

Actor Bruce Willis sued Malaysia’s Petra Group and its chairman, Tunku Imran Ibni Tuanku Ja'afar, alleging that US$900,000 of the US$2 million he invested in a ``green rubber'' venture wasn't returned to him.

Asian markets recover, KLCI off early lows

Major Asian markets staged a recovery in the late morning on Friday, with Hong Kong’s Hang Seng Index rising 4.5%, reversing from an earlier 3.9% loss, as an improved sentiment also helped the local stock market.

Oil falls to 3-year low in Asia

Oil prices fell to a 3-year low below US$49 a barrel Friday in Asia as plunging stock markets, driven down by more bad U.S. economic news, battered investor confidence.