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Business 15 Jan 2003 | 12:00 AM

Guthrie’s diversification pays off

PLANTATION giant Kumpulan Guthrie Bhd has been rewarding its shareholders with reasonable dividends despite being saddled with underlying issues pertaining to the stability of its investments in the 215,000ha Minamas plantations in Indonesia and huge borrowings of about RM2.7bil.

Business 03 Feb 2003 | 12:00 AM

Better days for oil palm investors

MALAYSIAN plantation companies with interests in oil palm plantations in Indonesia will be in a better position to reap good profits from their long-term investments for financial year 2003-2004, thanks to rising crude palm oil (CPO) prices and anticipation of higher oil extraction rate from matured palm hectarage.

Business 15 Feb 2003 | 12:00 AM

Integrax to start small, aim big

PORT operator Integrax Bhd (formerly known as Ganz Technologies Bhd) is looking at setting up reciprocal terminals in the region most likely in Sumatra, Indonesia.

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 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 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 03 Apr 2003 | 12:00 AM

Growth triangle boosts intra-regional business

THE Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) has generated greater intra-regional business ventures and development projects among member countries since its inception 10 years ago.

Business 04 Apr 2003 | 12:00 AM

Focus on least developed states: Indon province rep

THE Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) mutual economic grouping should focus on least developed provinces or states as means to engineer more profound growth in the region.

Business 05 Apr 2003 | 12:00 AM

BizWatch - Integrax to expand reach

LOCAL port operator Integrax Bhd is looking at expanding operations to Sumatra. A delegation of company officials is set to meet up with the governor of North Sumatra among others; to discuss the possibility of initiating port operations, in a meeting scheduled this coming Monday.

Business 14 Apr 2003 | 12:00 AM

PPB Oil Palms agrees to buy Sabah land owner

PPB Oil Palms Bhd has inked an agreement to buy the entire equity of Jasa Karya, which owns 3,462ha in Sabah, for RM8.4mil and to settle the latter's debts of RM10.8mil.