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Singapore's industrial output rises 22.4% on year in November

SINGAPORE: Singapore's industrial output grew at a faster-than-expected pace in November, boosted by a surge in production by the biomedical and transport engineering sectors, and a continued recovery in electronics.

UEM world in expansion mood

The year 2006 will be one of growth and expansion for UEM World Bhd. MD/CEO Datuk Ahmad Pardas Senin saidys the group aims to achieve excellence and benchmark itself against world-class companies to emerge as a strong player in the industries it is involved in.

Singapore prime minister says economy to grow 3-5 percent in 2005

Singapore's economy grew 5.7 percent in 2005, exceeding earlier forecasts, and is expected to grow between 3 percent and 5 percent next year, Prime Minister Lee Hsien Loong said.

Australian drugmaker to enter US flu vaccine market

PHILADELPHIA: An Australian pharmaceutical company is planning to introduce its flu vaccine in the U.S. as early as 2007, becoming the latest manufacturer to pledge increased production a year after a flu shot shortage scared the nation and led to long lines outside clinics.

BiotechCorp hopes for deals soon

Malaysian Biotechnology Corp (BiotechCorp) expects to conclude soon talks with three international companies, which could lead to their involvement in Malaysia's biotechnology industry.

Faber group expanding operations in India, Mid-East

Faber Group Bhd is expanding its operations overseas to India and the Middle East, especially in healthcare services.

MITI mission to US brings potential investments of RM325mil

The International Trade and Industry Ministry's trade and investment mission to the United States from Nov 27 to Dec 6 has managed to attract potential investments of RM325.3mil and possible sales of RM56.176mil from the three cities it visited.

Firms set for high growth abroad

MAXIS group CEO Datuk Jamaludin Ibrahim sees 2006 as a defining year for the company's ventures overseas, with solid gains achieved in one of the countries it has set foot on. With so much action at the Government-linked companies (GLC) front, UEM group MD/CEO Datuk Ahmad Pardas Senin finds the transformation process yielding results, and closer ties forged within the organisation. Young CEO at work, Datuk Tony Fernandes of AirAsia Bhd, takes pride in having grown his brand and fleet from just two to 50 aircraft within the space of five years!

S’pore needs to rethink bio PM’s sister says strategy misguided

The city-state should reassess its strategy for creating a biomedical industry after spending billions of dollars without achieving significant results, a member of the country's top political family said.

Mega China trade fair launch pad for Malaysian investors

THE 8th Western China International Economy-Trade Fair (WCIETF) to be held in Chengdu from May 25 to 28 this year can help Malaysian small and medium enterprises (SME) enter the booming West China market.