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Malaysia among top 5 for energy, finance and logistics in SSO
FROST amp; Sullivan (Famp;S), a global growth consulting company, has rated Malaysia among the top five countries for energy, finance and logistics in global shared services and outsourcing (SSO).
Rosy future for oil E&P-related firms
HOT stock picks under the oil and gas (OG) sector next year will focus on the oil exploration and production (EP)-related companies, said India-based Frost Sullivan Asia Pacific industry analyst Subramanya Bettadapura.
Commendable Mesdaq debut by Genetec
GENETEC Technology Bhd made a commendable debut on the Mesdaq market yesterday as heavy trading pushed its share price to close 33% higher for a premium of 10 sen above its reference price of 30 sen.
Nadi unit invests RM800m in MRO ops
Subang Aviation Services Sdn Bhd, a subsidiary of the National Aerospace Defence Industries (Nadi) group, is planning to invest RM800mil over a period of two years to set up facilities to enter the aircraft maintenance, repair and overhaul (MRO) market for commercial aircraft.
Notion VTec plans to expand business regionally
PRECISION machine specialist Notion VTec Bhd plans to expand its business regionally over the next two years, said executive chairman Thoo Chow Fah.
Notion Vtec to meet profit target
PRECISION machining specialist Notion VTec Bhd is confident of increasing its net profit from RM11.7mil posted last year to RM17mil for the financial year ending Sept 30, 2005.
NasionCom to start WiMAX trials soon
LOCAL broadband services company NasionCom Holdings Bhd is believed to be teaming up with Germany's Deutsche Telekom to conduct trials on WiMAX (Worldwide Interoperability for Microwave Access) services in Malaysia soon.
SMBs moving to primary-vendor network solutions
SMALL and medium-sized businesses (SMBs) in the Asia Pacific are moving away from multi-vendor to primary-vendor networking solutions, according to a recent study by Frost amp; Sullivan technology practice division.
Qinetics expects more than 1,000 resellers worldwide
QINETICS Solutions Bhd, a leading provider of outsourced registration services for domain names, is confident of expanding its network of resellers to more than 1,000 globally by next year.
Good times in store for oil and gas industry
Prospects for the oil and gas sector are bright. Petra Perdana Bhd executive chairman and CEO Tengku Datuk Ibrahim Petra sees bright prospects against significant oil finds. For Petra, the growth sectors would be brown field redevelopment, marine and exploration and production services. SapuraCrest Petroleum Bhd will continue to be busy in 2005. Executive vice-chairman Datuk Shahril Shamsuddin sees the global demand for energy rising rapidly and expects the company's clients' activity levels to follow in tandem. For Tengku Daud Shaifuddin, executive director of Perisai Petroleum Teknologi Bhd, industry prospects were boosted by the recent rises in crude oil prices. Additional investment in the sector augur well for Perisai which has been charting tremendous growth over the past five years.
