KUCHING: Shin Yang Group Bhd (SYG) (formerly Shin Yang Shipping Corporation Bhd) is expected to increase its containers shipping scope with the continuous improvement in fleet efficiency, routes enhancement and plying speed of its vessels. This scope increment will be achieved via establishing strategic alliances with business partners to provide
KUCHING: The Sarawak Post-COVID-19 Development Strategy 2030 (PCDS 2030) aims to achieve a skilled workforce of 30 per cent, all the while ensuring a sufficient pool of local talent. As Sarawak propels itself towards becoming a developed state by 2030, it is imperative to nurture a skilled workforce to reduce
KUCHING: Harbour-Link Group Bhd foresees ocean freight and shipping charges in container shipping in Intra-Asia routes to weaken slightly going forward. This is because of anticipated lower cargo volume and increase of shipping space from its competitors, according to company chairman and group managing director Datuk Yong Piaw Soon. “While
KUCHING: Datuk Sri Mahmud Abu Bekir Taib has ceased to be a substantial shareholder of KNM Group Bhd after disposing of 1.1 million shares in the company last week. The son of Sarawak Yang di-Pertua Negeri Tun Abdul Taib Mahmud sold one million shares on Oct 30 and 100,000 shares
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) is to leverage its capabilities to explore untapped markets for its precast concrete products and industrialised building system (IBS) components, according to its chairman Abang Abdillah Izzarim Datuk Patinggi Abang Johari. He said SCIB is a front-runner in precast concrete and IBS manufacturing in
KUCHING: Industrial gas manufacturer B.I.G. Industries Bhd (BIG) will set up a new branch in Samalaju Industrial Park (SIP) in Bintulu to better serve the industries there. The new branch will be constructed in phases, starting with the refilling station for carbon dioxide and depot for cylinder storage. “We have obtained
KUCHING: OM Materials (Sarawak) Sdn Bhd’s (OM Sarawak) ferroalloy smelting plant in Samalaju Industrial Park, Bintulu has reported double-digit increase in the production volume of ferrosilicon (FeSi) and manganese alloys in the July-September 2023 quarter (3Q2023). For the quarter under review, OM Sarawak’s FeSi production surged by 31.5 per cent
K UCHING: Sarawak Plantation Bhd (SPB) has secured a RM40 million Islamic banking facility to finance the development cost of its oil palm plantation and related projects. Wholly-owned subsidiary Sarawak Plantation Agriculture Development Sdn Bhd (SPAD) had entered into a masters agency agreement and memorandum of charge with AmBank Islamic
KUCHING: Sarawak Cable Bhd is currently in negotiations with its creditors for a new debt restructuring scheme. The creditors rejected the previous restructuring proposals during a recent court meeting. The company, which is under PN17 status, stated that it is addressing the concerns raised by the creditors. In an update
KUCHING: Japan’s monthly plywood imports has arrested the downward trend since this year, with double-digit increase in shipment volume reported in August 2023. August’s import volume rose 23 per cent from the previous month of July to 115,000 cubic metres (cu m) but was down more than 30 per cent compared to
