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Penang Port rebuilds Swettenham Pier

PENANG Port Sdn Bhd, scheduled for listing later this year, will spend RM175mil in 2003 to rebuild the Swettenham Pier, expand the North Butterworth Container Terminal (NBCT), and construct a marina.


Malaysia's SMIs insulated from impact of war

MEMBERS of SMI Association of Ma-laysia have been relatively insulated from the impact of the Iraq war as only a small percentage of its membership export to the Middle-East.


Wah Seong’s timely China venture

PIPE-COATING company Wah Seong Corp Bhd is looking good after a tie-up with industry giant Italy#146;s Socotherm SpA to provide pipe coating work for the oil and gas sector in China.


Texchem setting up aquaculture products plant in Myanmar

TEXCHEM Resources Bhd is setting up a manufacturing facility for I>surimi/I>, fishmeal and other aquaculture products in Myeik, Myanmar.


NTPM to diversify current product base

NTPM Holdings Bhd, one of Malaysia#039;s largest manufacturers of tissue paper, toilet rolls and paper products, plans to strengthen its position in the local market while expanding overseas and di-versify its current product base over the next five years.


Braun Buffel all-out to promote brand

LEATHER is in. And the Singapore-based distributor of Braun Buffel leather goods is making sure that no expenses are spared in creating more awareness of the brand particularly among the urban young professionals between the ages of 25 and 45 in Malaysia.


New software to bring more revenue to UBS

UBS Corp Bhd, which is heading for a listing on the Mesdaq market next month, expects to increase its revenue from RM9mil to RM16mil for the financial year ending Dec 31, 2003 by aggressively marketing its range of business software applications overseas.


More ePerolehan users likely in Q3

LATE last month, the Finance Mi- nistry made it compulsory for its 35,000 suppliers throughout the country to be ePerolehan-enabled or risk losing out on possible government-related business opportunities.


Texchem in Myanmar joint venture

TEXCHEM Resources Bhd#039;s (TRB) wholly-owned subsidiary Texchem Food Sdn Bhd has entered into a joint-venture agreement with Myanmar-based Mascot Industries Co Ltd to manufacture and market surimi, fishmeal, seafood sticks and aqua culture products in Myanmar.


Myanmar central bank intervenes in effort to halt bank crisis

Myanmar's central bank has injected huge amounts of local currency notes into three major private financial institutions in an attempt to halt a crisis that has led to runs on the country's 20 private banks