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THE new government ruling requiring Proton and Perodua cars to be fitted with airbags for the protection of drivers and rear seatbelts is seen benefiting Hirotako Holdings Bhd, currently the country's only seatbelt and airbag manufacturer.
Shares of second board-listed Hirotako Holdings Bhd were traded limit-up early yesterday morning on news that the company would likely be the sole beneficiary of the Government's latest ruling that new national cars must have safety devices.
The Transport Ministry is waiting for Malaysia Airlines and AirAsia to inform it of the outcome of negotiations to work out a cooperation arrangement, said Minister Datuk Seri Chan Kong Choy.
Japan is considering selling all or part of its US$7bil stake in Central Japan Railway Co. next business year as part of its drive cut public debt, a government source said yesterday.
Imagine riding your bicycle uphill minus the huffing and puffing and you hardly have to sweat because you no longer have to pedal. That's how it feels when you ride an electric bicycle. Equipped with a climbing ability of 10°, the bicycle makes going up a hill a breezy ride.
American aircraft maintenance, repair and overhaul (MRO) powerhouse AAR Corp aims to make Malaysia its major hub in the Asia-Pacific region by 2007.
Boeing Co is set to sign deals worth up to US$7.5bil to sell 60 of its new I>7E7 Dreamliner /I>aircraft to six Chinese airlines, a source familiar with the transactions said.
THE Government fully supports the plans by operators to develop their ports in a move to turn Malaysia into a renowned shipping hub but they must, at the same time, improve their management capabilities, said Prime Minister Datuk Seri Abdullah Ahmad Badawi.