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Business 05 Apr 2003 | 12:00 AM

Shell out for more

MALAYSIA has the world#146;s 25th largest crude oil reserves and 14th largest gas reserves. Its oil reserves, like all things finite, are expected to diminish and run out in 17 years while gas reserves are expected to last another 34 years.

Business 05 Apr 2003 | 12:00 AM

Gamuda ingenuity does well

IT#039;S pedal to the metal all the way for Gamuda Bhd. Despite its hefty order book of RM3.2 billion, the company has shown no signs of letting up in its quest for more work, mostly through one-on-one negotiations with the government for privatisation contracts.

Business 03 Apr 2003 | 12:00 AM

Provinces in Sumatra cut down on red tape

INDONESIAN provinces in the Sumatra islands have reduced bureaucracy in the hope of attracting more investments from within the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT).

Business 02 Apr 2003 | 12:00 AM

IMT-GT proposes regional corporate entities

THE Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) joint-business council (JBC) plans to include regional corporate entities in its business forum as a means to raise capital to fund and expedite major infrastructure projects in member countries.

Business 31 Mar 2003 | 12:00 AM

Resorts sector maps out new strategies

LIFE goes on for many Malaysian businesses despite the war in Iraq. While there are fewer foreign tourist arrivals, the resorts business is taking it in its stride and is making plans to counter the negative impact.

Business 30 Mar 2003 | 12:00 AM

Key player in field of ideas

LOCAL special event management company Carlson White (M) Sdn Bhd is a good example of a team that wants to score. And going by its track record, the team that comprises 12 core staff has scored big.

Business 29 Mar 2003 | 12:00 AM

Costain posts 30% rise in pre-tax profit to £11.3mil

COSTAIN Group plc, in which Intria Bhd is one of three major foreign shareholders, has turned in a 30% increase in pre-tax profit to £11.3mil for the year ended Dec 31, thanks to its low-risk strategy and increased government infrastructure spending.

Business 28 Mar 2003 | 12:00 AM

AsiaGreen gets 10 orders for high-speed hammer mill

KUALA Lumpur-based AsiaGreen Environmental Sdn Bhd has received 10 orders for its high-speed hammer mill - nine from palm oil plantation companies in Malaysia and one from Sumatra, Indonesia.

Business 28 Mar 2003 | 12:00 AM

IMF warns of recession

New data this week highlighted a mood of caution at corporations in major economies as the International Monetary Fund (IMF) warned that the world could sink into recession if the war in Iraq drags on.

Business 24 Mar 2003 | 12:00 AM

Autopot system and its many benefits

EVERYONE wants to be given a chance to prove oneself. And Malaysian-born Jim Fah, inventor of the Autopot system, is no different.