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Business 22 May 2010 | 12:00 AM

Can Sime Darby create value?

CLOSE to three years after the much-hyped mega-merger that created the world's largest listed plantation company, the unthinkable has happened. Instead of creating value, value has been destroyed. Massive write-downs from engineering projects gone awry, from a cost standpoint, has hurt the giant. If not for the huge earnings from its core business of plantations, Sime Darby could easily have been crushed by the size of these write-offs, totalling some RM1.9bil since 2004. That's more than half of Sime Darby's group profits for FY2009.

Business 26 Aug 2010 | 12:00 AM

IJM posts 21.1% rise in net profit

SUBANG: IJM Corp Bhd posted a 21.1% increase in net profit to RM90mil for its first quarter ended June 6, compared with RM70.8mil in the corresponding period last year. Revenue stood at RM986.1mil from RM1.16bil previously.

Business 27 Aug 2010 | 12:00 AM

Pantech: New plant will raise manufacturing revenue

KUALA LUMPUR: Pantech Group Holdings Bhd, a pipes, fitting and flow-control products manufacturer, expects its manufacturing division revenue to increase by 50% when its new plant in Pasir Gudang, Johor, commences operation by year-end.

Business 17 Jul 2010 | 12:00 AM

Your 10 Questions

Plantation Industries and Commodities Minister Tan Sri Bernard Dompok fields the 10 questions posed to him by our readers.

Nation 18 Jun 2013 | 12:00 AM

Sabah sees RM5.42bil in tourism revenue

KOTA KINABALU: The tourism sector is expected to contribute RM5.42bil to the Sabah economy this year.

Nation 07 Aug 2010 | 12:00 AM

Research on SCORE’s needs done

KUCHING: A comprehensive study on the manpower requirement for Sarawak Corridor of Renewable Energy (Score) has been completed and is to be presented to Chief Minister Tan Sri Abdul Taib Mahmud by end of the month.

Nation 21 Sep 2010 | 12:00 AM

RM118bil worth of ETP projects to take off this year

KUALA LUMPUR: The private sector will drive the Economic Transformation Programme (ETP) with US$37bil (RM118bil) worth of projects expected to commence by the end of this year.

Business 23 Sep 2010 | 12:00 AM

Gamuda, MMC shares up on Govt’s development plan

PETALING JAYA: Shares in Gamuda Bhd and MMC Corp Bhd surged yesterday, as investors zoomed in on potential big winners under the Government's ambitious plan to boost the economy.

Community 01 Sep 2010 | 12:00 AM

Unimas conducting study to cover whole range of jobs

UNIVERSITI Malaysia Sarawak (Unimas) will present the results of a study on the manpower requirements of the Sarawak Corridor of Renewable Energy (Score) to Chief Minister Tan Sri Abdul Taib Mahmud on Sept 16.

Community 25 Nov 2010 | 12:00 AM

Picking an educational path that gives better job opportunities

THE reality of the Sarawak Corridor of Renewable Energy (Score) development has apparently sunk in among students in Kuching.