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Turning Penang Port around

ALTHOUGH some of the key details of the controversial privatisation of Penang Port are not made public, the new operator of the oldest port in the country, Seaport Terminal Sdn Bhd, is now ready to share its plan to turn around the loss-making entity.

Local skateboard company banks on local heroes to push growth

Malaysian company Laksamana Skateboards is following a well-established model to promote the sport and its growing business.

Big motorbike makers rev up in Malaysia and Southeast Asia

KUALA LUMPUR: Roads in Southeast Asia have been getting a little louder lately as motorcycle makers, an aspiring middle class and easy bank credit come together to breed a new genus of motorcyclists – the big-bike rider. In Malaysia and Vietnam, motorbikes with bigger engine capacities are outselling their smaller cousins.

Floods push up palm oil, rubber prices

BANGKOK: Rubber entered a bull market and palm oil headed for the longest run of gains in more than a decade as flooding across Malaysia and parts of Thailand hurt supplies of both commodities and forecasters predicted more rain.

Boustead and LTAT taking over AES ops

Both will own a combined stake of 99.17% in Irat Properties

Chew on different ground

Former OCBC banker adjusting to life in education and property with Paramount

New names in healthcare

What Bustari, Buhtamam and other shareholders such as Sabah’s Economic Development Corp bring to the table will be closely watched

Company’s chequered corporate past

THE latest RM1.8bil capital injection by China’s Tianjin Zhiyuan Investment Group Co Ltd into Perwaja Holdings Bhd is not the first rescue plan to revitalise the ailing steel producer.

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PETALING JAYA: Public utilities company Taliworks Corp Bhd has proposed a share split whereby every two of its existing ordinary 50 sen shares would be subdivided into five 20 sen shares.

Saudee Group sees a thawing of fortune

Little known frozen food processor Saudee Group Bhd, formerly known as Sinaria Corp Bhd, is seeking to turn itself around.