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PWL upbeat about China water project

PINANG Water Ltd (PWL), a joint venture company incorporated in Labuan by YLI Holdings Bhd, PBA Holdings Bhd and KWI Far East Sdn Bhd, is confident of completing a water treatment plant project in Yi Chun City, China within a year.

KNM set to deliver largest column to US firm

KNM Group Bhd is all set to deliver the largest column it has ever built to an oil and gas refinery in Texas in mid-August.

PCCW loss balloons under US rules

B>HONG KONG: /B>The territory's dominant fixed-line phone company said yesterday that the 2002 net loss its reported to US regulators was nearly seven times what it reported here due to different accounting standards.

New accounting standard on value of land banks

PROPERTY developers will no longer be allowed to revalue their land banks and will have to subject them to impairment tests, according to a new accounting standard issued by the Malaysian Accounting Standards Board (MASB).

Foreign insurance news in brief

Foreign insurance news in brief including from Singapore that Standard Poor's Ratings Services has assigned I>BBB+/Ilocal currency counter-party credit and insurer financial strength ratings to Thai Life Insurance Co Ltd, with a stable outlook.

Malaysia seeks better market access

Malaysia has made a request for better market access and national treatment in accounting, auditing, taxation and services related to management consultancy, said Minister of International Trade and Industry Datuk Seri Rafidah Aziz.

IFS Malaysia gets RM3mil supply contract from IWK

Application solutions provider IFS Malaysia Sdn Bhd has signed a RM3mil contract with Indah Water Konsortium (IWK) for the supply of the IFS enterprise asset management system.

Career switch proves therapeutic

For most people, switching careers can be a traumatic experience as it involves meeting new people, learning a new set of skills and trying to impress the boss all over again.

Taliworks exploring water projects in China and Sumatra

TALIWORKS Corp Bhd is evaluating the potential of infrastructure projects in China and Sumatra, said chairman Datuk Zabir Bajuri.

Top 50 listed firms unveiled

CHINA#8217;S top 50 listed companies were unveiled recently, with SinoPec, China Unicom and Bao Steel taking the first three spots.