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The Building Materials Distributors Association of Malaysia (BMDAM) has refuted the allegation that distributors are profiteering, hoarding and even conspiring with steel millers on the pricing of steel bars.
A SHIFT in the focus of telecommunications companies (telcos) to the relatively untapped data market is good news for mobile infrastructure solution providers, who see this translating into 20% annual growth in product sales, SmartTrust chief executive officer Paul Cuss said.
Foreign business news in brief including from London that British engineering group Invensys Plc, which has been hammered by tough markets in the past year, announced yesterday it has won two signalling contracts for the London underground rail network worth over £850mil.