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Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.
IN line with the efforts of our federal and local governments to manage the problem of decreasing landfills and increasing amounts of waste, I would like to offer a few suggestions.
WITH 2002 being a favourable year for world commodity markets, many plantation companies have been benefiting from the surge in crude palm oil prices. Thus, it comes as no surprise that many are putting aside a larger cash horde to reward shareholders.
Malaysia has to import recycled material to produce goods such as recycled paper, glass and plastics while its landfills are being filled at a rate that cannot be maintained, Housing and Local Government Minister Datuk Seri Ong Ka Ting said.
The views of residents living near the proposed site for the incinerator should be included in the Environmental Impact Assessment (EIA) report, said Centre for Environment Technology Development Malaysia (CETDEM) executive director Gurmit Singh.
Residents in Broga, where the Government has proposed to build an incinerator, have suggested that the authorities put up a smaller version at a remote location for research purposes before constructing a large-scale one in their area.
Malaysia will co-operate with its Asean neighbours for a regional approach on effective port waste management planning.
B>BY MICHAEL D#8217;OLIVEIRO/B>
PPB Group Bhd, the flagship company of the Kuok family in Malaysia, will spend RM275mil this year to expand and enhance earnings growth.
Wastes from construction sites are allowed to pile up and eventually dumped, although they can be reused and recycled, writes HILARY CHIEW.