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Business

News in brief

Business

UMW-Mitsubishi 25-year ties a success

This month, UMW Holdings wholly-owned subsidiary UMW Industrial Power Sd Bhd celebrates its 25-year partnership with Mitsubishi Heavy Industries Ltd Japan; particularly the successful marketing of the Mitsubishi marine engines in Malaysia. StarBiz' Yvonne Chong spoke to some shipbuilders and shipping companies in and toured the factory in Sagamihara, Japan, where the machines are made.

Business

Amway buys PJ land for new HQ

AMWAY (M) Sdn Bhd has entered into conditional sale and purchase agreements to acquire two pieces of land in Petaling Jaya, Selangor, measuring around 18,000 sq m to build its new headquarters, managing director Low Han Kee said.

Business

Sabah, Sarawak set to gain from Nineth Malaysia Plan

SABAH and Sarawak are expected to be among the states that will benefit the most from the Government's development expenditure budget in the upcoming 9th Malaysia Plan.

Business

Sarawak CPO exports exceeded RM1bil last year

SARAWAK's crude palm oil (CPO) exports exceeded the RM1bil mark last year with production increasing by 20.1% to 886,474 tonnes from 737,864 in the previous year, said Planning and Resource Management Minister Datuk Awang Tengah Ali.

Business

News in brief

Business

Ngiu Kee to inject RM50m in five new hypermarts

NGIU Kee Corporation (M) Bhd (NKC) plans to inject around RM50mil to fund five hypermarkets in Sabah and Sarawak.

Business

Ngiu Kee set to stay ahead

RETAIL chain Ngiu Kee Corp Bhd looks set to solidify its position as the market leader in Sabah and Sarawak's retail industry with its planned aggressive expansion drive into the hypermarket business.

Business

Ngiu Kee to distribute Disney movie’s goods

Ngiu Kee Corp (B) Bhd, the largest retail chain store operator in Sabah and Sarawak, has been appointed by Group Thirty-Six Sdn Bhd as sole distributor for the merchandise of the upcoming Disney movie I>The Incredibles/I>.

Business

News in brief

News briefs on: Petra Perdana, United Malacca, Unisem, Rosettanet, Tracoma, Pembinaan Jayabumi (Sarawak) Bhd, Hume, Tenaga PSC, Kinsteel, Dunhambush, Avenue Capital, Hubline, SP Setia, CCK Holdings, EG Industries and General Corp.