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Business

S’pore manufacturing output in October up 24% year-on-year

SINGAPORE: Singapore's total manufacturing output increased 24.4% year-on-year in October. However, excluding biomedical manufacturing, output declined 11.2%.

Business

3 firms likely to get hospital support services concession renewal

KUALA LUMPUR: Three parties - Faber Group Bhd's wholly-owned subsidiary Faber Mediserve Sdn Bhd, Pantai Medivest Sdn Bhd and Radicare (M) Sdn Bhd - which are vying for the hospital support services (HSS) concessions by the Government are likely to get their contracts renewed within the next month, according to sources close to the matter.

Business

Singapore output down in Q4, may slip into technical recession

SINGAPORE: Singapores trade driven economy contracted in the last three months of 2011, signalling it may slip into a technical recession as a slump in manufacturing output and slowdown in external demand hurt exports.       

Business

UTM, KPJ plan to set up research-based hospital in Johor

JOHOR BARU: Universiti Teknologi Malaysia (UTM) is collaborating with KPJ Healthcare Bhd to set up a research-based hospital at the university’s main campus in Skudai here.

Business

Singapore eyes resources firms

SINGAPORE: Singapore aims to consolidate its position as the “control tower” for global companies expanding in Asia by attracting commodity and energy firms to the financial centre, a top government official told Reuters.

Business

Up Close & Personal with Dame Julia Goodfellow

Being conferred the title “Dame” speaks volumes of her achievements as a researcher, an academic and now vice chancellor.

Business

DBhd sees better performance on restructuring

JOHOR BARU: Damansara Realty Bhd (DBhd) is optimistic that its financial performance will improve in the current financial year ending Dec 31 onwards.

Business

AZRB appoints Advance Pact for 21½ years hospital concession

KUALA LUMPUR: Ahmad Zaki Resources Bhd’s (AZRB) wholly-owned subsidiary Peninsular Medical Sdn Bhd (PenMedic) will appoint Advance Pact Sdn Bhd for a 21½-year hospital facilities management services agreement at the new International Islamic University Malaysia’s (IIUM) Teaching Hospital in Kuantan, Pahang under a RM600mil deal.

Business

Study: Physical function poorer after menopause

As women go through menopause, they may see a decline in their ability to carry out routine tasks such as climbing stairs and carrying heavy things, according to a U.S. study.

Business

Pharmaceutical tech park to draw RM1.5bil

KUALA LUMPUR: Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp) expects the pharmaceutical technology park in Alor Gajah, Malacca, to attract RM1.5bil (US$500mil) in investments in the next three years.