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China cannery to give Tropical big revenue boost

PENANG-BASED canned seafood producer Tropical Consolidated Corp Sdn Bhd expects its new cannery in China to boost group revenue substantially in the year ending Dec 31, 2005, said its purchasing and business development manager (retail) Debbie Tan Li Ing.

DBS plans branches in Shenzhen and Shangai

DBS Bank will open branches in Shenzhen and Shanghai in China next year, the Singapore I>Business Times /I>reported.

Maybank a potential superbank

Malayan Banking Bhd (Maybank) has been named as one of the banks with the potential to make it to the 'superbank' list.

Megasteel exporting 30% of flat steel production

THE country's sole flat steel producer, Megasteel Sdn Bhd, is exporting 30% of its output, said the chief of the Lion group Tan Sri William Cheng. The steel maker is a subsidiary of Lion Corp Bhd.

New ways to market MSC firms

Multimedia Development Corp Sdn Bhd (MDC), the guardian of the Multimedia Super Corridor, is rethinking the ways it markets the MSC and MSC-status companies abroad.

New Zealand, China to open free trade talks

China and New Zealand will begin talks next year on a formal free trade agreement, which could provide significant benefits to both economies, Prime Minister Helen Clark said Wednesday.

Booming China’s crude oil imports soar

Crude imports in booming China, the world's second largest oil consumer, soared 35.7% year on year to 30.14 million tonnes in the first quarter 2004, the official Xinhua news agency yesterday.

Fast pace of investment in China to slow down

China#8217;s fast fixed asset investment is expected to slow down from the second quarter of this year, economists say. Zhu Jianfang, an economist at China Securities, says the fast investment during the first two months of this year could not be maintained throughout the year.

UMW to use Thailand as regional gateway for auto parts

UMW Holdings Bhd plans to use its Thai unit as a base for expansion in the region's automotive components market, according to the director of its manufacturing resource division, Syed Abdul Hafiz Syed A. Bakar.

China must widen ‘hot money’ curbs

China's should extend its crackdown on 'hot money' entering the nation to speculate on yuan gains to include the services industry, a government researcher said.