Malaysian companies perform well despite tough year


  • Technology
  • Thursday, 13 May 2010

MANY Malaysian companies performed remarkably well last year despite the global economic recession, Frost & Sullivan Asia Pacific managing director and partner Manoj Menon said.

He said the integration of technologies offered companies opportunities to participate in the development of smart cities and new lifestyle-based services.

“This will be the key engine of growth for companies in the next decade,” Menon said during the presentation of the 2010 Frost & Sullivan Malaysia Excellence Awards here last night.

The awards recognise exemplary corporations within the automotive, logistics, industrial technologies, energy and power systems, environmental and building technologies and, healthcare sectors in Malaysia.

In Industrial Technologies, Smart Surface Sdn Bhd was awarded the 2010 Technology Innovation Award for Emerging Human Computer Interface Technologies while Novaviro Technology Sdn Bhd clinced the 2010 Technology Innovation Award for Methane Extraction in Biogas Systems.

Proton Holdings Bhd received the Best Automotive Debut Model of the Year award for Proton Exora and the Best Passenger Model of the year award for Proton Saga.

Perodua’s Viva model clinched the award for the Best Passenger Car Value of the Year for the third consecutive year while Ingress Corporation Bhd was presented the Automotive Component Manufacturer of the Year.

A total of 11 leading organisations, including well-known homegrown players and multinational corporations, were also honoured.

Public Bank was presented the 2010 Automotive Finance Company of the Year, Stemlife Bhd clinched the 2010 Growth Leadership Award for Stem Cell Banking and Therapeutics while Prince Court Medical Centre was awarded the 2010 Healthcare Services Provider of the Year.

In the Logistics Category, PosLaju was awarded the 2010 Best Express Service Provider of the Year and Sime Darby Property Bhd won the 2010 Green Builder of the year award. — Bernama

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