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SMIs facing tough time because of war and SARS

SMALL-an-medium-scale industries (SMIs) are bracing themselves for tough times due to the #8220;double whammy#8221; of the Iraq war and the Severe Acute Respiratory Syndrome (SARS).

Association plans RM2.5mil ICT project

THE Bumiputra Manufacturers and Services Industry Association of Malaysia will undertake a pilot project to enhance information communications technology (ICT) awareness among entrepreneurs.

Kyros Kebab goes to US

Kyros Kebab has become possibly the first Malaysian restaurant chain to enter the lucrative US market through a master franchise deal giving the rights to an American company, Kyros Kebab USA LLC, to open Kyros Kebab outlets in California and Nevada, with an option to open in the rest of the US.

Joint venture to manage Klang Valley public transport

THE Government has appointed a new joint-venture company (newco) to manage the public transportation system for the Klang Valley that includes the city bus services operated by Park May Bhd and Intrakota Komposit Sdn Bhd as well as the PUTRA and STAR light rail transit (LRT) operations.

Turnover of franchisors up 24% to RM10.7bil: Survey

FRANCHISORS in Malaysia recorded a 24% rise in turnover to RM10.7bil last year compared with RM8.6bil in 2001, a survey by the Malaysian Franchise Association (MFA) shows.

Cradle programme tie-ups to tap more budding innovators

THE Cradle Investment Programme, Malaysia#146;s first pre-seed fund that converts raw ideas into business ventures, has tied up with more key bodies to further tap the country#146;s pool of budding entrepreneurs and innovators.

Revitalised SunInc counts on construction for growth

Construction will lead the way as the future growth drivers of the restructured and revitalised Sunway Holdings Inc Bhd (SunInc) group.

My Pharmacy plans 50 shops

JOHOR-BASED My Pharmacy Services Sdn Bhd aims to have 50 outlets nationwide within the next five years. Managing director Fung Lee Jean said this target would be made possible under the company's franchising programme for which it had recently received approval from the Entrepreneur Development Ministry.

Local firms to join Dubai franchise expo

Several Malaysian firms will take part in a franchise industry exhibition to be held in Dubai from Feb 17-19.

ENOV8 plans to set up 900 ICT centres

ENOV8 Infostructure Sdn Bhd has embarked on a RM45mil community programme to set up 900 information, communication and technology (ICT) centres nationwide.