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Business 29 Mar 2003 | 12:00 AM

Guthrie gets set to reap

THE estate life is not quite Tan Sri Abdul Khalid Ibrahim's cup of tea. He admires the planters' I>esprit de corps/Iand marvels at how well they have settled in at the estates, but he admits that he is not suited for such a lifestyle. The Kumpulan Guthrie Bhd's group chief executive officer recalls a typical visit: #8220;After two nights, the I>burung hantu/I(owl) was already getting on my nerves.#8221;

Business 31 Mar 2003 | 12:00 AM

Penang Port rebuilds Swettenham Pier

PENANG Port Sdn Bhd, scheduled for listing later this year, will spend RM175mil in 2003 to rebuild the Swettenham Pier, expand the North Butterworth Container Terminal (NBCT), and construct a marina.

Business 31 Mar 2003 | 12:00 AM

Keng Yaik: Allocate land for rubber

PRIMARY Industries Minister Datuk Seri Dr Lim Keng Yaik said there is a need to seriously look into the decline in rubber area in the country and that operators should allocate at least 10% to 20% of total plantation land for rubber trees.

Business 02 Apr 2003 | 12:00 AM

Malaysia had lower trade surplus of RM4.9bil for February

MALAYSIA recorded a lower trade surplus of RM4.9bil in February 2003 compared with RM6.3bil in the previous month, the country's sixty-fourth consecutive month of trade surplus since November 1997.

Business 04 Apr 2003 | 12:00 AM

Thailand calls for action plan to promote IMT-GT

THAILAND wants the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) to come up with an effective action plan to promote the regional grouping on a global scale.

Business 05 Apr 2003 | 12:00 AM

Top Glove – hands down industry leader

THE war in Iraq is certainly taking a toll on the rubber glove industry. Whereas rising latex prices were pretty much the main concern over the last five quarters, the recent standoff followed by the outbreak of war in the Middle East has led to further increases in production costs.

Business 05 Apr 2003 | 12:00 AM

Kimble shows encouraging prospects

FURNITURE maker Kimble Corp Bhd shows en-couraging prospects and growth going forward will be driven by rising demand for bedroom furniture sets, according to a research paper by OSK Research.

Business 05 Apr 2003 | 12:00 AM

Goodyear Q4 loss widens on charge

Goodyear Tire Rubber Co has posted one of its largest quarterly losses ever due to a tax-related charge but set a goal of returning its troubled North American tyre unit to profitability by year's end.

Business 05 Apr 2003 | 12:00 AM

Italian trade group to showcase plastic technology at expo

THE Italian trade commission, together with the Italian Plastics and Rubber Processing Machinery and Moulds Manufacturers' Association (Assocomaplast), will take part in the upcoming M-Plas 2003 Exhibition on April 10- 13.

Business 08 Apr 2003 | 12:00 AM

News in brief

News in brief on YTL Power, Propel, Denko, MRCB, Metroplex and Riverview Rubber Estates.