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Business 14 Apr 2003 | 12:00 AM

Stable prices seen for Penang homes

REAL estate value for landed residential and high-rise properties on the island is expected to remain stable this year, according to Henry Butcher International Asset Consultants (Penang) senior vice-president Teoh Poh Huat.

Business 14 Apr 2003 | 12:00 AM

Merger challenge for Penang freight forwarders

THE freight forwarding industry in Penang, which generates revenue totalling about RM2.5bil per month, is now facing challenges from globalisation and new government regulations that may drive those in- volved in the business to merge with one another.

Business 14 Apr 2003 | 12:00 AM

Affordable housing glut in the making?

By S.C. Cheah

Business 14 Apr 2003 | 12:00 AM

New office buildings converging to suburban areas

NEW office buildings on Penang island are being built away from the city centre to the suburban areas on the island.

Business 12 Apr 2003 | 12:00 AM

EON moves on

EDARAN Otomobil Nasional Bhd (EON) has been weaned off its position as distributor of Proton cars.

Business 12 Apr 2003 | 12:00 AM

Buy up foreign ICT firms, says Motorola adviser

THE government and private sector companies have been urged to leapfrog developments in the high-technology sector by buying foreign information and communications technology (ICT) firms while their stock valuations are still cheap.

Business 11 Apr 2003 | 12:00 AM

M’sia scores as offshore financial services location

Malaysia has been identified as a promising offshore location for financial services in the developed world, which is expected to transfer about two million jobs to low-cost bases abroad over the next five years.

Business 11 Apr 2003 | 12:00 AM

Eng Teknologi wins deal to make parts for water heater

ENG TEKNOLOGI Holdings Bhd has secured a five-year contract to produce components used in water heater control systems for a US-based multinational company, Group chief executive officer Datuk Alfred Teh said.

Business 11 Apr 2003 | 12:00 AM

Integrated Logistics adding 4 warehouses

INTEGRATED Logistics Bhd has agreed to buy 9.95 million shares or 49.75% of Integrated MITS Sdn Bhd for RM10.945mil cash to increase its warehousing capacity.

Business 11 Apr 2003 | 12:00 AM

CICM targets 21 more firms for responsible care scheme

CHEMICAL Industries Council Of Malaysia (CICM) is targeting at least 21 more companies in the country to sign up for the Responsible Care Programme (RCP) this year.