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News in brief

News in brief on IJM, Ranhill, ACP Industries and other firms.

Johor water to cost more

Consumers in the state can expect higher water bills from July when supplier Syarikat Air Johor Holdings Sdn Bhd (SAJ) raises water tariffs.

New water tariffs 'reasonable'

The new water rates in Johor, which will be implemented in July, will see domestic consumers paying an additional RM1.20 to RM4.65 monthly.

The flow of money

Supplying water and sanitation for the world#8217;s people is a huge task #8211; and an expensive one. Whether these essential services are best carried out by governments or the private sector is a much-debated question.

New Zealand keen to make M’sia hub for halal meat products

NEW Zealand, as a major producer of meat products, is keen to pursue the concept of Malaysia as a hub for halal meat products, according to New Zealand Minister for Trade Negotiations and Agriculture Jim Sutton.

Nissan's US$2b China venture set to take off

Japan#8217;s third largest carmaker, Nissan Motor Co, said yesterday its US$2bil joint venture with China#8217;s third largest car firm would open on July 1, with six new models lined up to tackle the fast-growing market.

Land Rover striving to achieve 40% local content target for vehicles

LAND Rover Malaysia is striving to increase the local content for its locally assembled four-wheel drive vehicles to at least 40% ahead of the implementation of the Asean Free Trade Area (Afta) in 2005.

US Commerce Department rules against Vietnamese catfish and South Korean computer chips

The United States ruled that American catfish farmers and computer chip manufacturers were subjected to unfair foreign competition and ordered stiff tariffs on imports of Vietnamese catfish and South Korean computer chips.

May vehicle sales down 18% as buyers hold back on new purchases

MALAYSIA'S vehicle sales fell in May as consumers remained reluctant to purchase automobiles.

Trade deal may aid China-Asean talks

A landmark trade agreement to be signed by China and Hong Kong today could provide a framework for talks between Beijing and South-East Asian nations to forge the largest free trade zone in the world, business groups say.