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Honda plant sets target
HONDA Malaysia Sdn Bhd#8217;s newly operational manufacturing plant in Malacca has targeted a first-year turnover of RM700mil based on the production of some 12,000 vehicles, according to president and chief operating officer Datuk Abdul Rashid Rahim.
Urbanisation hits provision stores
LAST year the number of sundry provision stores continued to decline, a trend that began in 2000, and which has led to a cumulative decline of 13.6% or 4,400 outlets in peninsular Malaysia.
Good prospects for retail trade to grow
HYPERMARKETS and supermarkets have good opportunities for further growth, provided the frequency of consumer visits improves.
Reaping the harvest of a demographic dividend
IT is no big secret that Malaysia has a demographic profile that appeals to investors, and this is represented by among other things, its very young population base.
Mecomb and Delcan bidding for transport system contracts
MECOMB Malaysia Sdn Bhd and its Canadian transportation systems partner Delcan International Corp will be bidding for five to 10 projects worth about RM50mil to supply intelligent transportation systems for the country's highway projects over the next two to three years.
CEO: No results yet from HLA merger talks
HONG Leong Assurance Bhd (HLA) is in merger talks with several local general insurance companies but there is yet to be any concrete results, chief executive officer K.H. Chia said.
PWL upbeat about China water project
PINANG Water Ltd (PWL), a joint venture company incorporated in Labuan by YLI Holdings Bhd, PBA Holdings Bhd and KWI Far East Sdn Bhd, is confident of completing a water treatment plant project in Yi Chun City, China within a year.
Keppel Land in US$53m China buy
A JOINT venture of Singapore#146;s Keppel Land Ltd has bought a 42ha piece of land in western China for 441 million yuan (US$53.28mil) as part of the property group#146;s expansion into the country.
Strong earnings draw investors to property counters
PROPERTY counters are basking in the limelight again, with investors seeing them as good investment opportunities after the good sales and strong earnings posted by some of the property groups, especially those focusing on residential development.
Higher allocation for social development
THE revised allocation for social development programmes for the 8th Plan period is RM24.5bil #150; an increase of 62.7% compared to the original allocation.
