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Challenge to embark on new applications

THE International Palm Oil Congress, or PIPOC 2003, organised by the Malaysian Palm Oil Board ended Wednesday with a challenge to industry players to embark on newly identified applications for palm oil while focusing on better market access, branding, efficient production costs, quality and competitiveness.

Rockeby sees hit in fungal infection test kit for women

IT took about two years of hard work but biotech company, Rockeby Biomed Corp Ltd, looks set to hit pay dirt with a rapid diagnostic test kit for the detection of fungal infection.

Waterco unit expected to double production in 5 years

AUSTRALIA-BASED Waterco Ltd expects local manufacturing and distribution unit, Waterco (Far East) Sdn Bhd, to double its annual wholesale production value from RM50mil currently to RM100mil in three to five years.

Allianz set to achieve RM530mil sales

ALLIANZ General Insurance Malaysia Bhd is on track to meet its RM530mil sales target for the current financial year ending Dec 31, chief executive officer William Mei said.

Ranhill negotiating 3 foreign projects worth RM10bil

CONSTRUCTION and engineering group Ranhill Bhd is negotiating with foreign governments on three infrastructure projects worth some RM10bil in north Africa and central Asia, said executive director Kamarulzaman Omar.

Stockwatch

P.W. Thong and Elaine Ang write on YTL Power, CAHB, PPB Group, Petronas Dagangan and NV Multi.

Beauty treats under one roof

Shringar Studio is a one-stop centre for women who want to enjoy a bit of pampering but all within the comfort of one location. K. S. USHA DEVI has the details.

News in brief

News in brief on Hong Seng Lee, Puncak Niaga and United Plantations.

PPB Group wins first China sewage project

A CONSORTIUM comprising Kerry Utilities Ltd (KUL), a 50% subsidiary of PPB Group Bhd held through Chemquest Sdn Bhd, has won the bid for a 20-year concession for a sewage treatment plant in Beijing, China.

Environment caring BASF Petronas

BASF Petronas Chemicals Sdn Bhd (BPC), a leading chemical manufacturer in Gebeng here, has invested more than RM120mil in its environment protection systems since it began operating in 2000.