The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
Malaysian packaging manufacturer Scientex has announced plans to invest RM50m ($16m) in a bid to increase the production capacity of its consumer packaging business by 50%. Scientex has contracted the purchase of five blown film machine ...
It’s reported that China Steel Corp. (CSC), the largest carbon steel maker in Taiwan is going to invest US$62.46 million to acquire 19% share in a ferroalloy project located in Malaysia. The project will produce ferromanganese of ...
Tags: CSC, Malaysian Project
Taiwan's Kuokuang Petrochemical Technology Co is considering to set up an integrated refining and petrochemical complex in Pengerang in the state of Johor in Malaysia, rivaling state-owned Petronas' Refinery and Petrochemical Integrated ...
Malaysia's re-elected Prime Minister Najib Razak announced yesterday that foreign investors and fund managers would be given five-year multiple entry visas, and that overseas corporations trading in oil and related products in the country ...
Tags: Najib Razak, Foreign Investors
South Africa-based financial services provider Sanlam is mulling to acquire a 40% holding in MCIS Zurich Insurance, in an effort to boost its presence in Malaysia. People familiar with the matter were reported by thesundaily as saying ...
Tags: Sanlam Mulls, Insurance
Japanese automaker Mazda Motor is investing about JPY3bn ($30m) to increase production in Malaysia by acquiring an assembly facility and building a new plant. As part of plan, Mazda Malaysia, a joint production and sales firm, will ...
Tags: Auto
A wig is a head of hair made from horsehair, human hair, wool, feathers, yak hair, buffalo hair, or synthetic materials which is worn on the head for fashion or various other aesthetic and stylistic reasons, including cultural and religious ...
It’s reported that Malaysian steel industry official is proposing mergers and acquisitions to the steel industry in Malaysia to fight against cheap imports from foreign competition in nearby countries. The steel consumption in ...
Tags: Malaysian, Steel, Construction&Decoration
Japan-based Dai-ichi Life Insurance Company (DLI) has reportedly agreed to purchase a 40% stake in Indonesian life insurance company, Panin Life, a source familiar with the deal has revealed. The unidentified source was quoted by Reuters ...
Tags: Dai-ichi, Panin Life
Chery Automobile May 23 signed a cooperation agreement with the Badminton World Federation in Malaysia, becoming a strategic partner with the federation. Chery also showed that it will build a complete car CKD assembly plant in ...
Tags: Chery Automobile, auto dealer
South African financial services group Sanlam has concluded the acquisition of a 49% stake in Malaysian niche short-term insurer, Pacific & Orient Insurance Co. Berhad (POI), for nearly MYR270m ($89.m). Sanlam Emerging Markets (SEM), ...
Malaysia's ruling coalition has won the General Election held on May 5th, retaining its 56-year hold on power. Influenced by the election however, the Malaysian steel market moved slowly these days. Most traders are watching the market ...
Tags: Seamless Pipe Price, Seamless Pipe
The Asia Pacific sweet crude market is expected to stay on a downward trajectory as it faces more competition from falling West African crude prices and an oversupply of regional spot cargoes, traders said this week. Perpetually weak ...
Tags: Sweet Crude Market, Sweet Crude
Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...