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Business

Weida subsidiary in RM15m deal with Danish company

SAR-ALAM Indah Sdn Bhd, a subsidiary of Weida (M) Bhd, has signed a RM15mil contract with Danish waste management firm Niras Consulting Engineers amp; Planners A/s to undertake the integration of a sludge digester or biogas plant facilities into the Matang septic sludge treatment plant in Kuching.

Business

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.

Business

Japan slows down in bank lending

Lending by Japanese banks slipped in March and growth in the amount of money in the financial system slowed, highlighting the challenge facing the Bank of Japan (BoJ) in finding a policy to get the economy moving.

Business

Funds opt for defensive play

STAYING defensive is the core strategy of many investment funds against the backdrop of the Iraq war and the spread of the deadly Severe Acute Respiratory Syndrome (SARS) virus, which are likely to exact a heavy toll on corporate earnings in certain sectors.

Business

RM150mil target for iMedic sales

OSIM (M) Sdn Bhd, a health checks and care equipment retail chain operator, aims to achieve RM150mil in sales of its newly-launched I>iMedic/Imassage chair.

Business

Biotechnology-based firm Inproser all set for Mesdaq listing

THE KLSE's Mesdaq market will see the listing of what is probably the first biotechnology-based company when Inproser Bhd makes its initial public offering (IPO) to raise RM 70mil before the year is out.

Business

Little hope seen for post-war boom in US

The US economy seems to have all but stalled in recent months #8211; or perhaps even contracted #8211; and a raft of gloomy data have economists worried that a revival may be difficult even if the Iraq war ends swiftly.

Business

Challenging times for complexes

THERE is no denying that the man is a #8220;human dynamo#8221;. He is outspoken and has helped to turn around some of the ailing shopping centres in the country.

Business

Top Glove – hands down industry leader

THE war in Iraq is certainly taking a toll on the rubber glove industry. Whereas rising latex prices were pretty much the main concern over the last five quarters, the recent standoff followed by the outbreak of war in the Middle East has led to further increases in production costs.

Business

SARS and war add salt to injury

AS if coping with the uncertainties of war isn#039;t enough, economies in the region now have to cope with yet another crisis. The deadly Severe Acute Respiratory Syndrome (SARS) is taking its toll on Asia at a time when many of these economies are already vulnerable due to a weak external sector.