KUCHING: Sarawak exported logs and timber products with free on board (FOB) value of some RM793.7 million in the first two months of this year. During the period under review, the state shipped about 219,170 cu m of logs with FOB value of RM108.4 million to several overseas markets. In
KUCHING: Many Japanese floor manufacturers have shifted to domestic plywood from imported hardwood plywood for their production activities due to unstable supply of imported plywood. Domestic plywood and medium density fibreboard (MDF) used to produce composite floorings increased by 2.9 percent to more than 16.4 million square metres in 2018 from
KUCHING: Cahya Mata Sarawak Bhd (CMS) is increasingly sourcing scheduled wastes generated by the various industries in Sarawak as alternative raw materials or fuels currently used in its group’s clinker, cement and concrete productions. As Sarawak’s sole cement manufacturer, CMS said through the research and development (R&D) efforts of its
KUCHING: The recovery of the oil and gas (O&G) industry may give a lift to the industrial market in oil town Miri, which has been in the doldrums. The Miri’s industrial market is the only market which has been on the downside recently as other markets in the region are
KUCHING: Shin Yang Shipping Corporation Bhd (Syscorp) has exited ship repair and fabrication business in the Middle East. Its 90 percent-owned indirect subsidiary Shin Yang FZC (SYFZC) has disposed of its entire 45 percent equity interest comprising 450 shares in capital of Shin Yang Shipbuilding & Engineering RMC FZC (Sysbe)
KUCHING: Cahya Mata Sarawak Bhd (CMS) has come up with new types of cement products and high-performance concrete to support the state government’s infrastructure projects at lower cost. The Sarawak conglomerate is also involved in the development of concrete roads. A new cement product CMS launched last November is Portland
KUCHING: Quality Concrete Holdings Bhd has narrowed its losses, thanks to cost cutting measures for its ready mixed concrete business. For the financial year ended Jan 31, 2019 (FY2019), group’s pre-tax loss was reduced by RM3 million to RM10.5 million from RM13.5 million in FY2018 as revenue rose to RM124.7
KUCHING: A new breed of shopping mall known as hybrid mall is making its presence in the city. According to C H Williams Talhar Wong & Yeo Sdn Bhd (WTWY), there is an anticipated increase in hybrid malls in the next few years. A hybrid mall, it explains, is in the
KUCHING: New launches for high-rise residential units in the state capital have fallen by about 50 percent last year from more than 3,000 units launched in 2017. The sharp decline is attributed to the current large incoming supply of new units and signs of slower sales and lower rentals. “The
KUCHING: SIG Gases Bhd (SIGGAS), which owns and operates manufacturing and refilling facilities for industrial gases in Bintulu, has received an offer to buy one of its subsidiaries for about RM226.59 million. The offer to acquire the entire equity interest in wholly-owned Southern Industrial Gas Sdn Bhd (SIGSB) came from