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Customs officers foiled an attempt to smuggle in crates of beer and liquor with an estimated value of M247,201.68, at the causeway on Monday night.
MATSUSHITA Industrial Corp Sdn Bhd (Maico) is aiming for a 43% share of the market for domestic air-conditioners this year, despite expectations of greater mobility of air-conditioners in the region with full implementation of the Asean free trade area (Afta) regime.
NATIONAL motorcycle maker Moto-sikal dan Enjin Nasional Sdn Bhd (Modenas) expects to increase its share of the local motorcycle market from 40% to 45% this year, thanks to a surge of interest in the first national 125cc scooter I>Karisma,/Iwhich was launched in Kuala Lumpur yesterday.
ON Wednesday, the Malaysian Palm Oil Board released palm oil statistics for February. Production declined by 11.3 per cent month-on-month (m-o-m) and 1 per cent year-on-year (y-o-y). Exports were down 20 per cent m-o-m but up 2.4 per cent y-o-y. Stocks inched down by 1 per cent m-o-m.