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KUALA LUMPUR, March 7 (Bernama) — Deals worth RM54million, involving Malaysian companies, were negotiated at the first ever India-Asean Trade Fair which ended in New Delhi on Sunday. Many one-on-one business meetings were held during the five-day event which began on March 2 and several companies interviewed confirmed the vibrance and the opportunities...
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KUALA LUMPUR, March 8 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak said the RM83 billion private investment target for this year is likely to be achieved. Under the 10th Malaysia Plan, the targeted private investment is an average of RM115 billion per annum. This encompases foreign direct investment (FDI) and domestic direct investment...
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TOKYO, March 8 (Bernama) — Niseko Village, the winter resort in Hokkaido, northern Japan which YTL Corp Bhd acquired last April, will be turned into a sophisticated and vibrant all-year-round tourist destination under a 10-year master plan, said Managing Director Tan Sri Francis Yeoh. “Throughout the year, events and activities will be staged...
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KUALA LUMPUR, March 8 (Bernama) — Most research firms in Malaysia are positive of Sime Darby Bhd’s move to establish a refinery in Europe as it reflects the company’s commitment towards overseas expansion. Yesterday, Sime Darby Plantation announced it had identified the Languedoc-Roussillon region in France as a potential location...
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KUALA LUMPUR, March 8 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak unveiled an additional nine new projects on Tuesday under the Economic Transformation Programme that will rake in RM2.26 billion in investments, including savings and generate RM11.71 billion in Gross National Income (GNI) by 2020. Among the projects include boosting tourism...
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KUALA LUMPUR, March 8 (Bernama) — The Roundtable on Sustainable Palm Oil (RSPO) has approved the National Interpretation (NI) of the RSPO Principles and Criteria for sustainable palm oil in Ghana, the first country in Africa to receive this endorsement. The NI paves the way for RSPO certification of oil palm growers in Ghana, setting out clear...
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NIBONG TEBAL, March 8 (Bernama) — Jeruk Madu Pak Ali Enterprise, the company famous for its pickled fruits in Penang, will expand its business to Sabah in the near future. This is being made possible through the cooperation with a company in the state. Its proprietor, Alias Ali said the cooperation with Sabtradf Enterprise will be formalised with...
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KUALA LUMPUR, March 8 (Bernama) — The recent RM74.1 million contract secured by Sunway Holdings Bhd will bring the value of the company’s year-to- date jobs to RM369.5 million, says OSK Research. On Monday, Sunway Holdings announced that its unit, Construction Sdn Bhd (SunCon), had secured the contract from Bio-XCell Sdn Bhd. Under the deal,...
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KUALA LUMPUR, March 8 (Bernama) — OSK Research has valued Berjaya Food Bhd (BFood) at RM0.57 per share, which represent a 30 per cent discount to its closest peer in Malaysia, QSR Brands, given its smaller revenue and earnings base. BFood registered five-year sales and net profit compound annual growth rate (CAGR) of 22 per cent and 46.1 per cent...
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KUALA LUMPUR, March 8 (Bernama) — Berjaya Food Bhd (BFood), the operator of Kenny Rogers Roasters (KRR) chain of restaurants in Malaysia, will open eight to 10 restaurants, annually, as it is optimistic the food industry in Malaysia will grow at an average of between 10 and 15 per cent, in the coming years. The outlets will be opened in strategic...
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