Archive for February 2008

Malaysia Airports Holdings Bhd’s (MAHB) RM70 million investments over 2007 and 2008 to upgrade the Penang International Airport is set to enhance the role of the northern gateway for trade, investment and tourism. MAHB managing director Datuk Seri Bashir Ahmad said the importance of Penang as a growth centre in the north, would see continuous…

Sabah will see tip a one-stop investment authority called the Sabah Economic Development Investment Authority (Sedia) to facilitate investments in the state. Executive director of institute for Development Studies in Sabah, Datuk Dr Mohd Yaakub Johari said Sedia will be governed by a board of directors comprising the prime minister and the Sabah chief minister…

For MISC Bhd, the world’s single largest owner-operator of liquefied natural gas (LNG) tankers, the concept of corporate responsibility (CR) goes beyond philanthropy and public relations. The shipping giant’s CR programmes propel quantitative and qualitative long-term growth that benefits the group, shareholders as well as stakeholders. Its CR programmes also support Malaysia‘s bid to become…

The developer of Kenaga Wholesale City (KWC), a one-stop centre for garment wholesalers, believes that within a year of operation, its tenants will have transacted business valued at RM4 billion. KWC is a wholesale market concept akin to Dubai’s Gold Souk. It is being developed in the Pudu area of Kuala Lumpur. The building, when…

Shares Investment (Malaysia), a monthly publication containing comprehensive facts and figures of all companies listed on Bursa Malaysia will be launched on March 22. A strategic alliance between Pioneer & Leaders (Malaysia) Sdn Bhd and Next View Sdn Bhd, the publication will also be distributed in Singapore, and is expected to help create more international…

The government is estimated to spend RM81 billion on all forms of subsidies this year to help Malaysians cope with rising prices, the Second Finance Minister said. Tan Sri Nor Mohamed Yakcop said the sum includes the subsidies for petrol, diesel, education, healthcare and text-books. “The figure is huge, but his is what the government…