BERNAMA The Malaysian National News Agency articles from March 2011, page 39

BERNAMA The Malaysian National News Agency archives from March 2011

NEW HULU TERENGGANU HYDROELECTRIC DAM PROJECT ON SCHEDULE.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA TERENGGANU, March 1 (Bernama) -- The new hydroelectric dam project in Tasik Kenyir involving Sungai Tembat and Sungai Puah, Hulu Terengganu, is on schedule. Tenaga Nasional Bhd (TNB)...

SINGTEL REMAINS IN F1 DRIVER SEAT FOR ANOTHER TWO YEARS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency SINGAPORE, March 1 (Bernama) -- Singapore Telecommunications Ltd (SingTel) today announced that it will remain the title sponsor for the Formula 1 (F1) Singtel Singapore Grand Prix for another two...

FBM KLCI UP 0.55 PCT MID-AFTERNOON.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Share prices on Bursa Malaysia were mixed mid-afternoon with the underlying FTSE Bursa Malaysia KLCI marching towards the 1,500 points mark, dealers said. At...

GOLD BUYERS PLANS TO SET UP OVER 40 KIOSK-STYLE STORES.
March 1, 2011... from BERNAMA, The Malaysian National News Agency GEORGE TOWN, March 1 (Bernama) -- Gold Buyers Malaysia plans to set up over 40 kiosk-style stores throughout Malaysia over the next 10 weeks following the success of its stores in the country. ...

GCB, EMERGES ONE OF THE LARGEST COCOA PROCESSOR IN ASIA.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Guan Chong Bhd (GCB) has emerged one of the largest cocoa processor in Asia after successfully commissioning its cocoa grinding facility in Batam, Indonesia. ...

MAYBANK AGAIN BAGS EUROMONEY BEST PRIVATE BANKING SERVICES AWARD.
March 1, 2011... from BERNAMA, The Malaysian National News Agency (Correcting designation of Lim Hong Tat in fourth graph. Shd read "Deputy President and Head of Community Financial Services") KUALA LUMPUR, March 1 (Bernama) -- Malayan Banking Bhd (Maybank), has...

CMP2 TO BE LAUNCHED BY 1H OF 2011.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The second Capital Market Masterplan (CMP2), which gives further protection to investors, is still being deliberated by the relevant stakeholders and will be...

BUILDTECHASIA 2011 SET TO ATTRACT OVER 8,000 PARTICIPANTS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The inaugural BuildTechAsia 2011 Exhibition in Singapore is expected to attract over 8,000 practitioners, technology experts and major industry players. In a...

LEGOLAND MALAYSIA SET FOR 2012 OPENING.
March 1, 2011... from BERNAMA, The Malaysian National News Agency JOHOR BAHARU, March 1 (Bernama) -- The development of Legoland Malaysia in Iskandar Malaysia by IDR Resorts and Merlin Entertainments is gathering momentum for its grand opening in 2012. Datuk...

NAZA TWO WHEELS TO ACQUIRE ANOTHER INTERNATIONAL BRAND THIS YEAR.
March 1, 2011... from BERNAMA, The Malaysian National News Agency PETALING JAYA, March 1 (Bernama) -- Naza Two Wheels, the motorcycle division under Naza Group of Companies, plans to acquire another international motorbike brand this year. The group's joint...

DELEUM APPOINTS NAN YUSRI AS GROUP MANAGING DIRECTOR.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Deleum Bhd, a Main Board-listed oil and gas services provider, has appointed Nan Yusri Nan Rahimy as Group Managing Director effective today. In a statement,...

MEDIA TO FURTHER STRENGTHEN BUSINESS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Media Prima Bhd is looking to further strengthen its business by introducing initiatives to establish itself as a leading content provider. In a statement...

WCT GOOD BUY BASED ON NEW CONTRACTS CLINCHED & STRONGER PROPERTY SALES.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Hwang DBS Vickers Research is favouring WCT Bhd as a good opportunity to buy, based on new contracts it has clinched and stronger property sales, while the...

FBM KLCI CLAWS BACK TO 1,500 ON FOLLOW-THROUGH BUYING.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Share prices on Bursa Malaysia closed mixed today with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) climbing back to the 1,500-point level, dealers said. ...

PROTON HAS SUFFICIENT FUNDS FOR LOTUS REVAMP.
March 1, 2011... from BERNAMA, The Malaysian National News Agency TANJUNG MALIM, March 1 (Bernama)-- Proton Holdings Bhd has sufficient funds in its coffers to help in Lotus Group International Ltd's restructuring plans, says former Prime Minister and Proton...

NAZA WHEELS INVESTS RM5 MLN TO DEVELOP TWO MOTORBIKE MODELS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency PETALING JAYA, March 1 (Bernama) -- Naza Two Wheels Division, the motorcycle division under the Naza Group of Companies, has invested RM5 million to develop two new Naza bike models as part of its...

FBM KLCI FUTURES CLOSE HIGHER.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed higher today, tracking gains on the cash...

TM CONCLUDES INVESTIGATION ON ALLEGED IMPROPER PAYMENTS BY ALCATEL LUCENT TO TM EMPLOYEES.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Telekom Malaysia Bhd has concluded internal investigations on the alleged improper payment by Alcatel Lucent to TM employees. In a filing to Bursa Malaysia...

MARA MAKES HIGHER INVESTMENT EARNINGS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency PUTRAJAYA, March 1 (Bernama) -- Majlis Amanah Rakyat (Mara) has recorded an increase in investment earnings through its subsidiaries. Director-General Ibrahim Ahmad said profit margin for 2010...

SINGAPORE AIRLINES INTRODUCES PAYPAL SERVICE TO ITS CUSTOMERS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Singapore Airlines customers can now pay for their flights with PayPal service on singaporeair.com. This facility will progressively be available to the...

GOVT INSTITUTIONS NEED TO REDUCE STAKES IN LISTED COMPANIES - YUSLI.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The percentage of shares held by government-linked investment (GLI) institutions in listed companies should go down so that more shares are available for other...

BCT TECHNOLOGY BHD - NEW ADMISSION INTO GUIDANCE NOTE 3.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Bursa Malaysia Securities Bhd today announced that BCT Technology Bhd (BCT) has triggered the criteria pursuant to Guidance Note 3 of the ACE Market listing...

MALAYSIA AIRPORTS PROPOSES FINAL DVIDEND.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Malaysia Airports Holdings Bhd is proposing a final dividend of 11.75 sen per ordinary share, less tax, for the financial year ended Dec 31, 2010, the company...

AMRB GETS CONTRACT EXTENSION FOR PROVISION OF ACCOMODATION WORK BARGE.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Alam Maritim Resources Bhd (AMRB)'s wholly-owned subsidiary Alam Maritim (M) Sdn Bhd, has been awarded an extension of contract to provide one accommodation work...

INOVAR FLOOR IS JAPAN'S LEADING LAMINATED FLOORING BRAND.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Inovar Floor, manufactured by Stalheim Industries Sdn Bhd (Malaysia), is the leading laminated flooring brand in Japan. In 2009, Inovar Floor's market share...

BERJAYA FOOD IPO OVERSUBSCRIBED BY 14.48 TIMES.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Berjaya Food Bhd (BFood), en route to listing on the Bursa Malaysia Main Market, has received an oversubscription rate of 14.48 times for its seven million...

TSSB-BPSB ACCEPTS LETTER OF AWARD.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- TSSB-BPSB, a joint venture between Tim Sekata Sdn Bhd (TSSB) and Bina Puri Sdn Bhd, a wholly- owned unit of Bina Puri Holdings Bhd, has accepted the letter of...

TAN CHONG SETS UP LAOS SUBSIDIARY.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Tan Chong Motor Holdings (TCMH) Bhd has established a wholly-owned subsidiary in Laos, Tan Chong Motorcycles (Laos) Co Ltd, to undertake the assembly, sale and...

PROTON SIGNS MOU WITH NISSAN.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Proton Holdings Bhd signed today a memorandum of understanding (MoU) with Nissan Motor Co. Ltd (Nissan). Nissan,the Japanese car company, is involved in the...

RHB CAPITAL ANNOUNCES PROPOSED DIVIDEND REINVESTMENT PLAN.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- RHB Capital Bhd has announced proposed dividend reinvestment plan (DRP) that provides RHB Capital Bhd shareholders the option to elect to reinvest their cash...

ALL NEW BMW 520D NOW AVAILABLE IN M'SIA.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- BMW Group Malaysia today announced the availability of the first diesel-engined variant of the award-winning new BMW 5 Series executive sedan, the all new BMW...

EURO HOLDINGS INKS SUPPLY AGREEMENT WITH TDM ITALIA.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Euro Holdings Bhd announced today its wholly-owned subsidiary, Eurosteel System Sdn Bhd, has entered into a supply agreement with T.D.M. Italia SRL to distribute...

SHARE PRICES OPEN LOWER ON WEAK GLOBAL SENTIMENTS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 2 (Bernama) -- Share prices opened lower on Bursa Malaysia today, as investors reduced their position on concerns over rising oil prices would hurt economic recovery, dealers...

FBM KLCI FUTURES TRADED LOWER IN EARLY SESSION.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 2 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contract on Bursa Malaysia Derivatives were traded lower in the early session, tracking...

MATRADE TO LEAD DELEGATION TO "WORLD OF PRIVATE LABEL" IN AMSTERDAM.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Malaysia External Trade Development Corporation (Matrade) will lead a delegation to the "World of "Private Label" 2011 trade fair to be held at the Amsterdam RAI...

FORMER BNM DEPUTY GOVERNOR MADE BANK ISLAM CHAIRMAN.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Former Bank Negara Malaysia Deputy Governor Datuk Zamani Abdul Ghani has been appointed Chairman of Bank Islam Malaysia Bhd, effective today. Zamani, who...

HSBC NET PROFITS MORE THAN DOUBLES.(Financial report)
March 1, 2011... from BERNAMA, The Malaysian National News Agency MELBOURNE, March 1 (Bernama) -- Banking giant HSBC said on Monday that its net profit more than doubled to $US13.16 billion last year as bad debts plunged to the lowest level since 2006, the...

GOVERNMENT TO INTRODUCE MANDATORY STANDARDS FOR ALUMINIUM SHEETS AND FOILS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The government will introduce mandatory standards for aluminium sheets and foils sometime this year, to ensure products produced in the country, meet standards...

MOBILE WORKERS WILL MAKE UP 35 PCT OF WORLDWIDE WORKFORCE BY 2013.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The global mobile worker population is predicted to grow to 1.19 billion or 35 per cent of the worldwide workforce by 2013, thanks to technologies such as...

FURNITURE PLAYERS NEED TO BE MORE CREATIVE AND INNOVATIVE IN THEIR DESIGNS, SAYS KOH.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Local furniture players need to be more creative and innovative in terms of their designs to remain competitive on the global market. In making the call,...

MALAYSIAN ECONOMY TO EXPAND 6.2 PCT THIS YEAR, SAYS ECONOMIST.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The Malaysian economy is expected to expand by 6.2 per cent this year, driven by a rebound in exports as well as higher crude oil prices, says an economist. ...

MIFF 2011 TO GENERATE SALES OF US$800 MLN.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The five-day Malaysian International Furniture Fair (MIFF) 2011, which started today, is expected to generate sales of US$800 million compared with US$755...

SABAH HAS ABUNDANT RESOURCES FOR DOWNSTREAM ACTIVITIES IN BIOMASS SECTOR.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KOTA KINABALU, March 1 (Bernama) -- Sabah, Malaysia's largest palm oil producing state, has abundant resources for downstream activities in the biomass sector expected to expand in a big way from...

EGYPT WILL HONOUR ALL TRADE & CONTRACT AGREEMENTS.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Egypt's Ministry of Trade and Industry (MTI) has assured that all agreements, whether trade- related or contracted with local and international parties, will be...

I-BHD AIMS 50 PCT REVENUE FROM PROPERTY DEVELOPMENT.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Property developer, I-Bhd, aims to generate 50 per cent revenue from real estate development for the financial year ending Dec 31, 2011, its Chief Executive...

GOVERNMENT LOOKS TO E&E SECTOR TO CONTRIBUTE RM90 BILLION TO GNI BY 2020.
March 1, 2011... from BERNAMA, The Malaysian National News Agency CYBERJAYA, March 1 (Bernama) -- The government is hoping to revitalise Malaysia's Electrical and Electronics (E&E) sector and increase its contribution to the Gross National Income (GNI) by...

METAL INDUSTRY PLAYERS VERY BULLISH ON 2011 - MUSTAPA.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The metal industry is bullish in its outlook for 2011 with the implementation of projects under the Economic Transformation Programme (ETP). "Some of the...

ULU JELAI HYDRO-ELECTRIC POWER STATION OPERATIONAL IN 2015.
March 1, 2011... from BERNAMA, The Malaysian National News Agency CAMERON HIGHLANDS, March 1 (Bernama) -- The Ulu Jelai hydro-electric power station, with the capacity to generate 372MW electricity during peak hours, will start operations in December 2015. ...

MALAYSIA, BELGIUM TO INTENSIFY COOPERATION IN SME SECTOR.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Malaysia and Belgium plan to strengthen cooperation in the small and medium enterprise (SME) sector to benefit the economies of both countries. The decision...

MOBILE WORKERS WILL MAKE UP 35 PCT OF WORLDWIDE WORKFORCE BY 2013.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The global mobile worker population is predicted to grow to 1.19 billion or 35 per cent of the worldwide workforce by 2013, thanks to technologies such as...

I-BHD TO INVEST RM50 MIL TO WOO MORE VISITORS TO I-CITY.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- I-Bhd, an integrated ICT-based developer, will invest RM50 million over the next five years to fit in more attractions for tourists in the i-City, a...

OIL PALM TRUNKS HOLD FUTURE OF PLYWOOD INDUSTRY.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KOTA KINABALU, March 1 (Bernama) -- The future of the plywood industry in Peninsular Malaysia, and in time, the country, depends on the oil palm trees. Malaysian Panel Manufacturers Association...

THAI WOMEN TOP MASTERCARD FINANCIAL LITERACY INDEX RANKING IN ASIAPAC.
March 1, 2011... from BERNAMA, The Malaysian National News Agency SINGAPORE, March 1 (Bernama) -- Just how much do women across Asia/Pacific know about managing finances? MasterCard Worldwide's inaugural Index of Financial Literacy released today highlights that...

MATRADE: MALAYSIAN COMPANIES LOOKING AT INDIA FOR LONG-TERM TRADE TIES.
March 1, 2011... from BERNAMA, The Malaysian National News Agency NEW DELHI, March 1 (Bernama) -- Malaysian companies are making a strong pitch at the India-Asean Business Fair (IABF), clearly registering their strong interest in the growing Indian market, which...

PEMBINAAN BLT SUCCESSFULLY ISSUES RM1.1 BLN IMTN.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Pembinaan BLT Sdn Bhd (PBLT), via its wholly-owned unit, Aman Sukuk Bhd, has successfully issued RM1.1 billion Islamic medium term notes (IMTN), its first series...

KEYSTONE SYMPOSIUM ON BIOFUELS OPENS IN SINGAPORE.
March 1, 2011... from BERNAMA, The Malaysian National News Agency SINGAPORE, March 1 (Bernama) -- Over 30 international experts on biofuels -- global scientists and policy makers -- converge here today till March 5 for the Keystone Symposium on Biofuels...

TIN RISES FURTHER TO US$32,305 PER TONNE.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The Kuala Lumpur Tin Market Tin continued its upward momentum with the metal gaining US$305 per tonne to US$32,305 per tonne due to limited market supply,...

RUBBER PRICES CLOSE LOWER.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama)-- The Malaysian rubber market closed lower today due to fears of the tightening of interest rates in China and a spillover of the Middle East unrest, dealers said....

CPO FUTURES RISE ON SHORT-COVERING.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today on active short-covering, dealers said. They said the market for the...

RINGGIT TRADES FIRMER AGAINST US DOLLAR.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The ringgit opened firmer against the US dollar in quiet trading this morning, said a dealer. At 9.03am, the ringgit stood at 3.0440/0471 and continued its...

SHORT-TERM RATES TO REMAIN STABLE ON BANK NEGARA INTERVENTION.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Short-term inter-bank rates are expected to remain steady today on Bank Negara's intervention to absorb excess liquidity from the financial system. The...

KLIBOR, MGS FUTURES UNTRADED AS AT 10.20AM.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures on Bursa Malaysia Derivatives was untraded as at 10.20am today. The five-year Malaysian...

SHORT-TERM RATES CLOSE STEADY.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- Short-term rates were steady at close today as Bank Negara Malaysia continued to mop up excess liquidity in the money market, dealers said. The liquidity...

RINGGIT ENDS HIGHER AGAINST US DOLLAR.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The ringgit ended higher against the US dollar today in line with other strengthening regional currencies, dealers said. At 5pm, the local currency surged to...

KLIBOR FUTURES, MGS UNTRADED.
March 1, 2011... from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, March 1 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives ended the day untraded. Similarly, the five-year...