Business Times (Malaysia) articles from September 2012

Business Times (Malaysia) archives from September 2012

Neutral to Mildly Positive Impact on Bursa
September 29, 2012... KUALA LUMPUR: Analysts say measures under the 2013 Budget were "neutral to mildly positive" for the stock market, which rose by 0.5 per cent to 1636.66 yesterday. Local institutional funds came in strongly late Friday as the budget was being...

Initiatives to Strengthen Capital Markets
September 29, 2012... Byline: Adeline Paul Raj KUALA LUMPUR: MOST of the 2013 Budget's initiatives for the capital markets are focused on spurring the Islamic bond (sukuk) market further, a positive move as Malaysia looks to solidify its global dominance in this...

Perks to Attract Global Players to TRX
September 29, 2012... Byline: Zaidi Isham Ismail KUALA LUMPUR: The government is offering a 10-year income tax exemption to encourage major international financial institutions make Kuala Lumpur their preferred investment centre. Prime Minister Datuk Seri Najib...

There's Something for All
September 29, 2012... Byline: Zuraimi Abdullah A FRIEND spiritedly said the sitting government would lose his vote if the 2013 Budget offered nothing for middle-income people like him. Top on his wish list was a cut in personal income tax and cheaper yet quality...

10-Year Tax Break for O&G Companies
September 29, 2012... KUALA LUMPUR: The oil and gas sector has plenty to cheer about from the 2013 Budget as the government has outlined a series of incentives that it hopes will help transform the country into an integrated trading hub for oil and gas. For...

Economists Laud Govt's Commitment to Cut Deficit
September 29, 2012... KUALA LUMPUR:ECONOMISTS lauded the government's commitment to reduce the fiscal budget deficit, despite it being a pre-election budget. The government has paid heed to the fiscal discipline calls with a "sensible budget" that strikes a...

Tourist Arrivals Goal Hinges on KLIA2
September 29, 2012... KUALA LUMPUR: The government's target in the 2013 Budget to bring in 26.8 million tourist arrivals next year is highly dependent on the progress of the new low-cost terminal, KLIA2. An analyst with Maybank Investment Bank Bhd said should the...

Investors May Shift to Stocks with Rise in RPGT
September 29, 2012... THE planned rise in the Real Property Gains Tax (RPGT) to curb speculative activities on properties and avoid a property bubble could return investors to the stock market, say analysts. Under the 2013 Budget, the government has proposed a...

RM432m Replanting Grant for Smallholders
September 29, 2012... THE 2013 Budget has proposed RM432 million allocation for independent smallholders to embark on new plantings and replanting of their unproductive palms. This is expected to benefit some 170,000 independent smallholders in the country....

Danajamin to Get Extra RM400m over Next 2 Years
September 29, 2012... KUALA LUMPUR: The government is allocating an additional RM400 million to Danajamin Nasional Bhd over the next two years, as part of its efforts to boost the capital market. "To provide companies with greater access to the capital market, the...

Budget Creates Better Investment Environment, Says Mustapa
September 29, 2012... KUALA LUMPUR: The 2013 Budget reflects the government's commitment towards improving the investment environment and support for domestic companies including Bumiputera SMEs, said International Trade and Industry Minister Datuk Seri Mustapa...

SMEs Applaud RM1b Additional Fund
September 29, 2012... KUALA LUMPUR: Small and medium enterprises (SMEs) are excited with the additional RM1 billion fund under the SME Development Scheme. The fund, which will be managed by the SME Bank, is to facilitate SMEs' access to financing to help develop...

Insurance Industry Welcomes Tax Relief
September 29, 2012... THE Life Insurance Association of Malaysia (LIAM) hailed the government's removal of eight per cent investment income tax on deferred annuity as a major boost in retirement planning for the public. "Policyholders will now enjoy better returns...

First Phase of the Mall of Medini Welcomes Visitors
September 29, 2012... Byline: June Ramlee KUALA LUMPUR:NUSAJAYA Lifestyle Sdn Bhd, a joint venture company between UEM Land Holdings Bhd and Iskandar Harta Holdings Sdn Bhd, has opened the first phase of the Mall of Medini in Johor to the public. Drawing...

Honda to Expand 4S Network
September 29, 2012... Byline: Rupinder Singh PETALING JAYA: Honda Malaysia plans to expand the network of its 4S (sales, service, spare parts and spray painting) dealership in the country as the car sales continues to increase, says managing director and chief...

RM1.5b Sky Park Project Will Enhance City's Appeal
September 29, 2012... CYBERJAYA: Cyberview Sdn Bhd managing director Hafidz Hashim believes the RM1.5 billion Sky Park project in Cyberjaya will further enhance the progress and growth of the intelligent city. "Cyberjaya has the right scale and mass and most...

Transport Boost for Cyberjaya
September 29, 2012... CYBERJAYA: NEW developments are set to take place in Cyberjaya, such as a railway network, which may include a brand new light rail transit (LRT) line and the MyRapid Transit (MRT) system. Currently, the only rail network serving Cyberjaya is...

Bursa Stages Pre-Budget Rally as Mood in Region Brightens
September 28, 2012... Byline: Sharen Kaur KUALA LUMPUR: Bursa Malaysia surged yesterday on a pre-Budget rally and positive sentiment on regional stock markets. At the close, FTSE Bursa Malaysia KLCI (FBM KLCI) gained 8.5 points to settle at 1,627.80. This was...

Rehda Ready to Pitch In
September 28, 2012... Byline: Khaidir A Majid KELANA JAYA: DEVELOPERS are very much supportive of the government plans to build more affordable housing and are eager to participate in the programme. Real Estate and Housing Developers' Association (Rehda) deputy...

More Renminbi Bond, Sukuk Issues in Pipeline
September 28, 2012... Byline: Rupa Damodaran KUALA LUMPUR: MORE renminbi bonds and sukuk will be issued in Malaysia soon with several in the pipeline to meet financing requirements, Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz says. As to the...

Tune Insurance to Be Listed
September 28, 2012... Byline: Bilqis Bahari KUALA LUMPUR: Newly-launched Tune Insurance Malaysia Bhd, formerly Oriental Capital Assurance Bhd (OCA), will be the first company under the Tune group to be listed. Tune Group co-founder and group chief executive of...

PNB 'Excited' over Interest in Menara Warisan Merdeka
September 28, 2012... Byline: Kamarul Yunus KUALA LUMPUR: Permodalan Nasional Bhd (PNB) is encouraged by companies' interest to locate their offices at the proposed 100-storey Menara Warisan Merdeka. "It's true that there has been positive response from the...

Emkay Plans Cyberjaya Affordable Housing Project
September 28, 2012... Byline: Cheryl Yvonne Achu CYBERJAYA:PROPERTY developer Emkay Group expects to launch an affordable housing project in Cyberjaya by the second quarter of next year in an effort to enhance the middle-income group's accessibility to their own...

Higher Gas and Power Tariffs?
September 28, 2012... Byline: Ooi Tee Ching KUALA LUMPUR: THE Energy, Green Technology and Water Ministry has recommended to the Economic Council that electricity and gas tariffs be raised to better reflect market prices. The government is expected to decide on...

Pasdec Sets RM18m Property Sales Aim
September 28, 2012... Byline: Hidir Reduan KUANTAN: Pasdec Holdings Bhd is targeting RM18 million in property sales during its three-day sales carnival, which starts today. The sales carnival at the East Coast Mall is held in conjunction with the group's...

OCBC: It's Likely to Be Expansionary, Friendly
September 28, 2012... Byline: Rupa Damodaran THE 2013 Budget will be expansionary, people-friendly and filled with ambitions entrenched in the Economic Transformation Programme, OCBC Bank said. Its economist Gundy Cahyadi does not think it would be surprising...

'Time Is Right for an Asian Ratings Agency'
September 28, 2012... KUALA LUMPUR: The time is right for Asean and its three main partners China, Japan and Korea to set up its own international credit rating agency, says CIMB Bank. Deputy CIMB Group CEO Datuk Lee Kok Kwan said RMB Bond Market is poised to...

Maxis Looks to Empower SMEs with Its Latest Offerings
September 28, 2012... GEORGE TOWN: Maxis Berhad is looking to empower more small and medium enterprises (SMEs) in the country with newer offerings aimed at making them more competitive and professional. A SIM card-based solution is expected to be launched next...

Microsoft Malaysia Reaffirms Commitment
September 28, 2012... KUALA LUMPUR: Microsoft Malaysia, which has invested over RM15.5 million in the Partners-in-Learning programme in Malaysia, has reaffirmed its commitment to accelerate the country's transformation into a developed nation by 2020 through...

Ingens to Ride on 1utopia's Strength
September 28, 2012... Byline: Sharen Kaur INGENUITY Solutions Bhd's (Ingens) new executive chairman Victor Chin Boon Long says he will expand its business by riding on the strength of 1Utopia Bhd. Chin is the managing director of 1Utopia, which aspires to be...

Gamuda Nets RM566m
September 28, 2012... KUALA LUMPUR: Gamuda Bhd has posted a net profit of RM565.99 million for the year ended July 31 this year, up from RM432.95 million registered last year. Its turnover was a record high at RM3.09 billion from RM2.67 billion previously, it said...

Entries Open for Effie Awards
September 28, 2012... KUALA LUMPUR: Entries are now open for this year's Effie Awards that honours the most effective marketing communications campaigns. The Effie Awards recognise ideas that produce measurable results and it is already in its 40th year globally....

Display Asia Eyes New Marts
September 28, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: Display Asia, a portable display specialist, aims to reinforce its market leadership by extending its reach beyond Malaysia and target new customers. Apart from its nationwide net-work within Malaysia,...

For YTL, It Is a Long-Term Commitment
September 28, 2012... Byline: Goh Thean Eu KUALA LUMPUR: FOR Tan Sri Francis Yeoh, the managing director of YTL Corp Bhd, building the company's brand is more than just about above the line and below the line campaigns. It is a long-term commitment to building...

AirAsia Open to Talks with Malindo Airways
September 27, 2012... Byline: Bilqis Bahari KLANG: AIRASIA Bhd, Asia's largest low-cost carrier, could potentially cooperate with Malindo Airways, a rival carrier which is seeking to start its own low-cost operations here by as early as next year. Malindo...

Majuperak Unit in Groundwater Project with S. Korean Firm
September 27, 2012... Byline: Sharen Kaur KUALA LUMPUR: Perak state-owned Majuperak Holdings Bhd has teamed up with a unit of South Korea's Da Joo Construction Co Ltd to help develop a River Bank Filteration project in the state. The venture, if successful,...

Ireka: RM1.9b Projects over Next 5 Years
September 27, 2012... Byline: Cheryl Yvonne Achu KUALA LUMPUR: IREKA Corp Bhd plans to launch projects worth RM1.9 billion over the next five years as the company is upbeat about the prospects of the real estate sector, despite the sluggish global economy. The...

Southern Acids Strikes Cautiously Optimistic Note
September 27, 2012... Byline: Ooi Tee Ching SUBANG JAYA: Southern Acids (M) Bhd is cautiously optimistic of its business prospects as its oil palm estates in Indonesia and oleochemical operations in Malaysia suffer from the impact of Indonesia's palm oil tax...

SILK Buys 2 Vessels from Muhibbah for RM240.6m
September 27, 2012... KUALA LUMPUR: SILK Holdings Bhd, through subsidiary Jasa Merin Sdn Bhd, has bought two vessels for a combined RM240.6 million. The anchor handling tug supply (AHTS) vessels were bought for RM120.3 million each from Muhibbah Engineering (M)...

Glomac Nets RM24m in Q1 on Record Sales
September 27, 2012... KUALA LUMPUR: Glomac Bhd has announced a RM23.79 million net profit for the first quarter ended July 31 2012, marginally better than RM23.63 million registered in the same previous quarter. Net profit attributable to shareholders rose 17.3...

Saadiq: Plenty of Opportunities to Tap
September 27, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: AS Malaysia aims to increase Islamic assets to 40 per cent of its total banking assets, Saadiq, the Islamic banking arm of Standard Chartered (StanChart) Bank is confident that it too could bank on this...

IMF Tells How Malaysia Escaped Worst Effects of Global Crisis
September 27, 2012... Byline: Rupa Damodaran KUALA LUMPUR: Malaysia's low foreign bank presence and the "very" low level of foreign assets in its banks' balance sheets may have helped the country avert the worst effects of the global financial crisis, says the...

AmG Completes RM1.63b Acquisition of Kurnia
September 27, 2012... KUALA LUMPUR: AMMB Holdings Bhd has announced the completion of AmBank AmG Insurance Bhd's acquisition of Kurnia Insurans (M) Bhd for RM1.63 billion. In a statement, AMMB said the purchase price was funded by AmG entirely with capital funds...

'Fiscal Reforms Needed to Cut Deficit'
September 27, 2012... Byline: Rupa Damodaran KUALA LUMPUR: Malaysia is likely to bring down its fiscal deficit this year from 5.4 per cent in 2011, but will need fiscal reforms to reduce it further to the targeted three per cent by 2015. Singapore-based Credit...

Foreign Banks Urged to Help SMEs
September 27, 2012... Byline: Zaidi Isham Ismail KUALA LUMPUR: MALAYSIA's 19 foreign banks must do more to help local small and medium enterprises (SMEs) by giving out more loans to finance their operations. Deputy Finance Minister Datuk Donald Lim Siang Chai...

RM24m Facelift for Felda's Seri Costa
September 27, 2012... Byline: Hanis Maketab MALACCA: Felda Travel Sdn Bhd (Felda Travel), a subsidiary of Felda Global Ventures Holdings Bhd (FGV), has invested RM24 million to renovate and refurbish their newly-acquired Hotel Seri Costa, located in Plaza Mahkota...

Dumex Mamil Goes Super Premium
September 27, 2012... Byline: June Ramlee KUALA LUMPUR: Danone Dumex (Malaysia) Sdn Bhd expects its revenue to rise by 15 per cent this year with the introduction of Dumex Mamil PreciNutriTM in the super premium category. Danone Dumex managing director Toni...

AmMutual's New Product for the 'Cautious' Investor
September 27, 2012... Byline: Rupinder Singh KUALA LUMPUR: AMMUTUAL has launched its latest fund, the AmIncome Flexi, to cater for the needs of investors seeking investments with lower risk than equities. It is a three-year close-ended bond fund that provides...

Two Jobs Help MyKris Register RM3.7m Revenue in First Half
September 27, 2012... KUALA LUMPUR: MyKris Ltd, a home-grown Malaysian provider of managed Internet services, has reported revenue of RM3.66 million for the six months period ending March 31 2012, after clinching two contracts worth RM7.18 million. The two...

CIMB Decision on Insurance JV Stake This Saturday?
September 26, 2012... Byline: Rupinder Singh KUALA LUMPUR: CIMB Group could make a decision as early as this Saturday if it will part with its 51 per cent stake in CIMB Aviva Assurance Bhd, people familiar with the matter said. CIMB declined to comment when...

Top Glove Plans RM3b Investment
September 26, 2012... Byline: Rupa Damodaran KLANG: TOP Glove Corporation Bhd, the world's largest rubber glove manufacturer, will pump RM3 billion into domestic investments over the next 15 years. This commitment will generate RM75billion in export sales...

Hing Yiap Sees Growth with Acquisitions
September 26, 2012... Byline: June Ramlee KUALA LUMPUR: Hing Yiap Group Bhd expects its business to grow in tandem with the country's population growth, once the acquisition of several brands under Asia Brands Corp Bhd is completed by the end of this year. Its...

Perodua Plans to Build Houses for Employees
September 26, 2012... Byline: Zuraimi Abdullah KUALA LUMPUR: PERUSAHAAN Otomobil Kedua Sdn Bhd (Perodua), the country's largest car company by sales, plans to build quality affordable houses for its workers. Perodua is now in search for land and a property...

Scomi Shares Jump 11pc on Talk of Job Prospects
September 26, 2012... Byline: Goh Thean Eu KUALA LUMPUR: Scomi Group Bhd's shares rose as much as 11 per cent yesterday as the market speculates that the oil and gas services provider is close to securing up to two marginal field jobs over the near term after the...

MyLED Opto Wins RM800m Japanese Deal
September 26, 2012... Byline: Ooi Tee Ching KUALA LUMPUR: Ho Wah Genting Bhd's 51 per cent subsidiary, MyLED Opto Technology Sdn Bhd, is set to export some RM800 million worth of light emitting diode (LED) lights to Japan. The contracts with Kirutorisu Tech Sdn...

Malaysians Spend US$105 a Night While on Business Trips: Survey
September 26, 2012... KUALA LUMPUR: Malaysian executives spent an average of US$105 per night while on business travels, more than what travellers from China and Indonesia allocate, according to a survey by a leading hotel ope-rator. The Accor Asia Pacific...

SYF Resources Profit Set to Hit Record RM50m
September 26, 2012... Byline: Francis Fernandez KUALA LUMPUR: SYF Resources Bhd is poised to post a record profit of about RM50 million for the financial year ended July 31 2012. The company is expected to announce its results as early as today. The company...

Liam Seeks Additional Insurance Tax Relief
September 26, 2012... Byline: Rupinder Singh KUALA LUMPUR: The Life Insurance Association of Malaysia (Liam) wants additional tax relief to promote financial planning and to help boost the development of the private pension scheme in the country. "We hope that...

Perodua: Lower Corporate Tax to Buffer Rising Costs
September 26, 2012... Byline: Zuraimi Abdullah KUALA LUMPUR: PERUSAHAAN Otomobil Ke-dua Sdn Bhd (Perodua) hopes that the 2013 Budget will feature lower corporate tax to buffer rising costs of doing business. Perodua, the country's largest car company by sales,...

Timetable for GST Expected to Be Announced on Friday
September 26, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: The timetable for the implementation of the goods and services tax (GST) is expected to be announced this Friday, during the 2013 Budget presentation. Spire Research and Consulting chief executive...

Asean Oil and Gas Expo Expected to Clinch US$100m Trade Deals
September 26, 2012... KUALA LUMPUR: The upcoming Asean Oil and Gas Expo (AGEX) 2012 is expected to generate some US$100 million (RM307 million) in business deals on the back of the world's thriving oil and gas activities, compared with US$80 million transacted last...

StanChart Unveils KL Park
September 26, 2012... KUALA LUMPUR: Standard Chartered Bank Malaysia Bhd has launched a park in support of the Malaysian economic transformation plan. Standard Chartered is the first organisation to adopt and maintain a park as part of national efforts to ensure...

Govt May Offer Perks for Automation of Production
September 26, 2012... KUALA LUMPUR: The government may accord incentives to Malaysian companies which are automating their production lines, says Deputy Finance Minister Datuk Donald Lim Siang Chai. "We want Malaysian companies to rely less on foreign workers as...

Taiwan Firm to Set Up Penang Training Hub
September 26, 2012... Byline: Marina Emmanuel GEORGE TOWN: Taiwan's Cheng Shin Rubber Industry Co Ltd - which is ranked as China and Taiwan's top tyre maker and 9th among global tyre players - is setting up a regional education centre in Penang for its Asian...

Petronas Opens Station 1,001
September 26, 2012... Byline: Cheryl Yvonne Achu KUALA LUMPUR: PETRONAS Dagangan Bhd (PDB), the domestic marketing arm of Petronas, aims to open 20 new petrol stations to achieve its target of opening more than 70 petrol stations nationwide this year. ...

Govt Mulls Rail Link with Asean, Chinese Cities
September 25, 2012... Byline: Sharen Kaur KUALA LUMPUR: MALAYSIA is studying the possibility of linking the highspeed rail (HSR) system from Kuala Lumpur to Thailand, and to other Southeast Asian countries, says Transport Minister Datuk Seri Kong Cho Ha. "We...

Sites for 10,000 Affordable Homes in Seremban
September 25, 2012... Byline: Zuraimi Abdullah KELANA JAYA: 1Malaysia People's Housing Scheme (PR1MA) has earmarked a few plots of government land as part of its plan to build 10,000 affordable houses in Seremban, Negri Sembilan, within a decade. PR1MA is also...

IJM Said Buying Stake in Scomi
September 25, 2012... Byline: Zuraimi Abdullah; Roziana Hamsawi KUALA LUMPUR: CONSTRUCTION specialist IJM Corp Bhd is believed to be buying a strategic stake in Scomi Group Bhd, giving it access to the lucrative oil and gas sector. Banking sources said Tan Sri...

FGV Unit Aims to Boost Contribution
September 25, 2012... Byline: Zaidi Isham Ismail KUALA LUMPUR: Felda Global Ventures Holdings Bhd's (FGVH) oils and fats division aims to more than double its revenue contribution to its parent company to 20 per cent from less than 10 per cent currently in the...

CIMB Wants More Revenue to Come from Abroad
September 25, 2012... Byline: Rupa Damodaran KUALA LUMPUR: CIMB Group Holdings wants to pare down the revenue contribution from its domestic operations to 40 per cent from the current 59 per cent as it increases its regional presence significantly by 2015 said its...

Total Buys 40pc of Mozambique PSC from Petronas Gas
September 25, 2012... KUALA LUMPUR: Total, a French oil and gas company, has agreed to buy a 40 per cent stake in a production sharing contract (PSC) in a field offshore Mozambique from Petronas Gas Bhd, a subsidiary of Petroliam Nasional Bhd (Petronas) for an...

Bursa Reprimands, Fines and Suspends Market Dealer
September 25, 2012... KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded, imposed a fine of RM10,000 and suspended market dealer Raja Mohamad Adnan Raja Osman for three months. The reprimand came about from his engagement in false trading...

Malaysia's Approach Being Tested, Evaluated
September 25, 2012... Byline: Kamarul Yunus KUALA LUMPUR: MALAYSIA'S approach in tackling money laundering and terrorism financing is currently being tested and evaluated by the Financial Action Task Force (FATF). The international body that develops policies...

Naza TTDI Awards RM556m Expo Centre Job to Daewoo
September 25, 2012... KUALA LUMPUR: The Naza Group has awarded a RM555.9 million contract to Daewoo Engineering and Construction Co Ltd to help develop the new Matrade Exhibition Centre in Kuala Lumpur. TTDI KL Metropolis Sdn Bhd, a wholly-owned unit of Naza TTDI...

Merlin to Take Its Share in Legoland Malaysia to 20pc
September 25, 2012... Byline: Hamisah Hamid NUSAJAYA: MERLIN Entertainments Group plans to increase its holdings in Legoland Malaysia to 20 per cent in the next few years. Merlin, the world's second largest visitor attraction operator after Disney, currently...

Penang Needs New Industrial Blueprint
September 25, 2012... Byline: Marina Emmanuel MORE than 40 years ago, then Penang chief minister Dr (later Tun) Lim Chong Eu found himself administering a state which was gripped by recession and suffering a frighteningly high unemployment rate. One of his...

Sapura Kencana Q2 Revenue Hits RM2.06b
September 25, 2012... KUALA LUMPUR: Sapura Kencana Petroleum Bhd's revenue for the second quarter ended July 31 2012 swelled to RM2.06 billion, compared with RM699.4 million registered in the same quarter in the previous year. Profit after tax was higher at...

Developers Want to Hand over the Baton
September 24, 2012... Byline: Cheryl Yvonne Achu KUALA LUMPUR: PRIVATE developers want the government to take over the responsibility of building low-cost houses, but say they are willing to partly contribute to such projects. Glomac Bhd's group managing...

'Malaysia, S'pore Can Be the Orlando of S-E Asia'
September 24, 2012... Byline: Hamisah Hamid NUSAJAYA: International theme park operator Merlin Entertainments Group foresees Malaysia and Singapore as among the world's most important tourism markets. Its chief executive officer, Nick Varney, dubbed the...

Rest of Township Will Be Ready in Next 5 to 7 Years
September 24, 2012... Byline: Goh Thean Eu BANGI: UNITED Malayan Land Bhd (UM Land), a property developer, expects the entire Bandar Seri Putra development to be completed within the next 5-7 years. The company, which started developing Bandar Seri Putra in...

Further Correction on Bursa Expected
September 24, 2012... Byline: Goh Thean Eu KUALA LUMPUR: Stocks are expected to continue to slide this week, as the global market is set for a correction after the recent stimulus-driven gains. The recent string of bearish reports which include higher than...

Are There Too Many Malls in Penang?
September 24, 2012... Byline: Marina Emmanuel PENANG'S retail scene appears to be on the boil, if the number of shopping or lifestyle malls which have sprouted or are being constructed are anything to go by. Just how well these establishments and their tenants...

Malaysia-Turkey Trade Ties Set to Enter New Era
September 24, 2012... PUTRAJAYA: Malaysia's relationship with long term friend and trade partner Turkey is set to enter a new era with intensified efforts in existing and new areas of economic activities such as tourism, Islamic finance, private healthcare and...

Himalaya to Develop More Ayurslim Products
September 24, 2012... Byline: Bilqis Bahari THE Himalaya Drug Company, which produces healthcare products under the name Himalaya Herbal Healthcare, is developing more Ayurslim products due to its success in the Malaysian market. Himalaya Drug Company Pte Ltd...