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Business 10 Jun 2003 | 12:00 AM

Ondeo exits desalination project

The Ondeo group of France has exited a S$250mil Singapore water desalination project consortium by selling its 30% stake to local joint-venture partner Hyflux Ltd. As a result, water treatment systems maker Hyflux now owns 100% of the project consortium, SingSpring Pte Ltd.

Business 10 Jun 2003 | 12:00 AM

Incentives for biotech firms

THE government will provide the best infrastructure for biotechnology firms making their base in Malaysia#039;s BioValley.

Business 08 Jun 2003 | 12:00 AM

Leaders find link between war and poverty

Fighting poverty is widely seen as the key to world peace and stability, a World Bank poll of 2,600 opinion leaders in 48 countries found, yet most respondents saw wealth gaps growing within and between their countries.

Business 07 Jun 2003 | 12:00 AM

M'sia productivity grows by 2.5%

MALAYSIA'S productivity grew by 2.5% last year, attributed to higher capacity utilisation in industries from an improvement in both domestic and external demand, National Productivity Corp (NPC) said in its 2002 report.

Business 06 Jun 2003 | 12:00 AM

Francis Yeoh named one of 25 top Asian leaders

YTL Corp Bhd managing director Tan Sri Francis Yeoh has been named as one of the 25 top leaders in Asia#039;s forefront of change in I>Business Week#039;s/Isixth annual special report.

Business 06 Jun 2003 | 12:00 AM

Scomi bullish about new drilling fluid

SCOMI Group Bhd hopes its just acquired distributorship rights to an environmentally friendly, palm kernel ester-based drilling fluid used in the oil and gas exploration industry will boost annual revenue by 10% from 2004 onwards.

Business 06 Jun 2003 | 12:00 AM

Puncak Niaga seeking state water projects

PUNCAK Niaga Holdings Bhd will keep pursuing growth in potable water-related projects, while seeking privatisation opportunities from the various state water authorities, according to executive chairman Tan Sri Rozali Ismail.

Business 05 Jun 2003 | 12:00 AM

Retail group seeks help

THE retail and high-rise building industry is in urgent need of government assistance to reverse its flagging performance.

Business 04 Jun 2003 | 12:00 AM

YLI posts record profit and turnover

YLI Holdings Bhd, a manufacturer of ductile iron pipes and fittings, posted a turnover of RM113.8mil for the fiscal year ended March 2003, up 23.5% from the RM92.1mil achieved a year ago.

Business 04 Jun 2003 | 12:00 AM

Alcoa plans to set up plant in M’sia

ALCOA Consumer Products, one of the largest polythene producers in the United States, is considering setting up a plant in Malaysia to manufacture its Geoweb products for the Asian market, its sales and marketing manager Daniel F. Senf said.