GEORGE TOWN: Naza Eastern Motors, the exclusive distributor of Suzuki Cars in Malaysia, is committed to expanding Suzuki Car’s presence, with five new outlets scheduled to open across the country this year. Naza Automotive Group chairman, Datuk Jasmy Ismail said the new outlets will be located in Kuching, Klang, Muar,
KUCHING: The recent arrival of shipments from Malaysia and Papua New Guinea (PNG) has balanced the supply and demand of South Sea (tropical) logs in the Japanese market. These shipments, which arrived in December and January, will be delivered to Japanese lumber and plywood manufacturers. According to the Japan Lumber
KUCHING: The Sarawak Bumiputera Entrepreneurs Chamber (DUBS) has extended its heartfelt greetings to the Chinese community as they usher in the Year of the Serpent. “The Year of the Serpent symbolises wisdom, adaptability, and transformation—qualities that remind us of the strength found in resilience and unity,” said DUBS president Datuk
KUCHING: Vietnam’s exports of wood and wood products (W&WP) and non-timber forest products (NTEP) have been robust and reached a historic high of US$17.3 billion last year. Of this total, W&WP exports accounted for about US$16.3 billion while the remaining portion was NTEF, according to Vietnam’s Forestry Department quoted by
KUCHING: SCIB Properties Sdn Bhd (SCIBP) has ceased to be the main contractor for the Malaysia civil servants housing programme (PPAM) project in Perak as developer Awana JV Suria Saga Sdn Bhd has failed to fulfil the condition precedent under a settlement cum appointment of contractor agreement (SA) signed between
KUCHING: WTK Holdings Bhd has raised its ownership in plantation firm DuraFarm Sdn Bhd to 100 per cent following the completion of the acquisition of the remaining 15 per cent equity interest in the latter. WTK’s wholly-owned subsidiary, BioFarm Venture Sdn Bhd, completed the acquisition of 2.1 million shares (15
KUCHING: Malaysian enterprises represented by the Global Timber Index (GTI) have reported a shortage of logs suitable for producing face veneer. They have also listed the limited supply of raw materials and a manpower shortage as among the other challenges they faced in November 2024. “There was a shortage of
KUCHING: AIZO Group Bhd will build a large-scale solar photovoltaic (LSS) plant in Kampar, Perak. Wawasan Demi Sdn Bhd (WDSB), a 63 per cent-owned subsidiary of Coral Energy Sdn Bhd, which in turn is a wholly-owned subsidiary of AIZO, has accepted the letter of notification (LON) from the Energy Commission
KUCHING: The Global Timber Index (GTI) Report for November 2024 has shown positive signs for the overall trend of global timber production and trade. Pilot countries which stood out are Ghana and Thailand, with their GTI Index registered at 59.6 per cent and 50.3 per cent, respectively. Both rose above
KUCHING: Sarawak Oil Palms Bhd (SOP) is acquiring a property in Pending Industrial Estate here for RM5 million in cash. Wholly-owned subsidiary SOP Research Services Sdn Bhd (formerly known as SOP Agro Sdn Bhd) has entered into a sale and purchase agreement (SPA) with Pelangi Bumimas Sdn Bhd (the vendor)