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Attempt to smuggle RM247,000 worth of liquor foiled
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 aims for 43% air-cond market share
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.
Mekong Airlines expects profits after first year
Mekong Airlines, Cambodia#8217;s new designated carrier, targets to achieve 90% passenger load factor when it commences operations on Jan 15, said Mekong Air Services Sdn Bhd managing director Chung Leik Kok.
Modenas set to ride high with Karisma
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.
CPO to move sideways to lower
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.
Customs Dept collects a record RM21bil
Changing its role from a tax receiver to a tax collector has enabled the Royal Customs Department to bring in a record RM21bil in revenue last year, a significant 17% increase compared to 2001.
Grundig poser for Megan Media
THE market is rife with speculation that main board listed optical data storage manufacturer Megan Media Holdings Bhd may lose its largest customer Grundig AG.
Doors open to overseas diamond merchants
CHINA welcomes overseas businessmen to become members of China's sole diamond exchange centre #8211; Shanghai Diamond Exchange (SDE) and run diamond businesses in the Chinese mainland.
Brokers' Call
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.
CPO to consolidate in band trade
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.
