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Business 10 Jun 2008 | 12:00 AM

Possible EU ban on local seafood

Seafood products from Malaysia face a possible ban in the European Union (EU), which is proposing measures to suspend their import on the grounds that they do not meet EU health standards.

Business 14 May 2008 | 12:00 AM

CIMB Private Equity wins Halal Journal award

CIMB Private Equity Venture Capital Malaysia has won the award for The Best Halal-Related Service Provider, one of the eight categories under the Halal Journal awards.

Business 19 Mar 2008 | 12:00 AM

Food traceability can benefit Malaysia

Malaysia has much to gain from food traceability, according to Britain-based Global Food Traceability Forum (GFTF) chairman Ian Smith.

Business 07 Mar 2008 | 12:00 AM

Algorithmics software for bank

Alliance Bank Malaysia Bhd will be utilising specific solutions by Ontario-based software company Algorithmics to help tackle operational risk management.

Business 28 Dec 2007 | 12:00 AM

TM upbeat on broadband

Telekom Malaysia Bhd sees significant opportunities in the high speed broadbandpartnership with the Government to accelerate household broadband penetration, says groupCEO Datuk Seri Wahid Omar. Kulim (M) Bhd managing director Tan Sri AhamadMohamad sees the price of crude palm oil possibly hitting RM3,500 per tonne. His companyaims to double the hectarage at Papua New Guinea in the next seven to ten years. AtManulife Insurance (M) Bhd, president and CEO Peter Robertson is reorganising andexpanding his actuarial team to ensure that he has the resources to implement the risk-basedcapital framework and develop innovative products.

Business 26 Nov 2007 | 12:00 AM

Sustainable palm oil system soon

IT will be interesting to gauge global players' acceptance of the Roundtable on Sustainable Palm Oil's (RSPO) certified sustainability palm oil (CSPO) system, to be launched in the first quarter 2008.

Business 02 Jan 2007 | 12:00 AM

Delivering results the key focus this year

THE year 2007 will be one for significant changes at MalaysiaAirports, says managing director Datuk Seri Bashir Ahmad inour final series of the 2007 CEO Outlook.On the current mergers and acquisitions fever, PermodalanNasional Bhd CEO Tan Sri Hamad Kama Piah Che Othman'sview is that irrespective of size, the most important basis forinvestment would be value and returns.Tan Sri Lodin Wok Kamaruddin, group MD of the Bousteadgroup, sees palm oil trading between the RM1,800 andRM2,000 range in the near future, a level which should besustained.

Business 22 Dec 2006 | 12:00 AM

Homegrown business with a global reach

IOI Corp Bhd's overseas plants are located in three strategic locations but its business has global reach, says group executive director Datuk Lee Yeow Chor. Fighting a tough consumer market, Guinness Anchor managing director Theo de Rond is confident the group's diverse portfolio of brands will continue to appeal to a wide range of consumer taste. At Suria KLCC, general manager Andrew Brien sees a challenging year for the consumer market. Consumers are looking for value which he defines in various categories.

Business 21 Dec 2006 | 12:00 AM

Palm oil firms set for bountiful harvest

Malaysia's golden crop, the oil palm, has seen demand and attractiveness for its oil increase by leaps and bounds. Golden Hope chief executive Datuk Sabri Ahmad says as the only integrated plantation player, potential merger synergies will be important for the group. Despite many fears about investing in Papua New Guinea, Kulim went ahead to build up its plantations in that country. Managing director Ahamad Mohamad says that has been just about one of the best moves that the group has made in its overseas ventures. The next area of focus will be Kalimantan. The consumer outlook varies from segment to segment. For Rajah Kumar, chairman and CEO of Philips Malaysia, the group sees opportunities in the healthcare and lifestyle segments where a major emphasis is on improving the quality of life.

Business 06 Oct 2006 | 12:00 AM

Malaysia to discuss timber deal with EU

Malaysia and the European Union (EU) will hold talks next month to formalise the certification of its multi-billion ringgit timber exports to Europe.