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THE Italian trade commission, together with the Italian Plastics and Rubber Processing Machinery and Moulds Manufacturers' Association (Assocomaplast), will take part in the upcoming M-Plas 2003 Exhibition on April 10- 13.
ASEAN and countries in east Asia are expected to benefit from the war in Iraq as the local private sector has started to aggressively explore new opportunities in these countries, according to Datuk Seri Rafidah Aziz.
I-BHD is confident of capturing 40% to 50% of the local air conditioner market in three years through aggressive marketing and introduction of innovative features in its products.
THE effects of the war in Iraq have started to be felt in the Malaysian economy with some sectors, such as shipping, beginning to encounter higher costs resulting from war risk premiums of as much as RM150 per container, according to International Trade and Industry Minister Datuk Seri Rafidah Aziz.
ASSAB Steels (Malaysia) Sdn Bhd, a subsidiary of Swedish-based Uddeholm, expects to invest RM30mil in the next three years to expand its operations in the Bukit Minyak industrial estate.
BOON KOON Vehicles Industries Sdn Bhd (BKVI), a specialist in producing commercial vehicle bodies and rebuilding trucks, plans to export some 5% of its rebuilt trucks to neighbouring countries by year-end, according to group general manager Michael J.S. Tan.
The International Trade and Industry Ministry will hold discussions with the private sector on the effects of the Iraq war to enable the Government to take remedial action.
Malaysia called on the international community to continue condemning the US-led war against Iraq, which is against the wishes of the majority of the countries in the world.
Members of the Malaysian trade and investment mission to Japan have posted potential sales orders of about RM6.6mil during their visit to Fukuoka on March 14.
BRITAIN-BASED vacuum cleaner manufacturer Dyson Ltd plans to increase its investment in Malaysia #150; now totalling US$80mil #150; within the next one or two years.