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More investments for Malaysia

By Website Introductions at 11/27/08 23:49

The whole world may be slowing down in terms of economic production, but Malaysia continues to attract investments in the iron and steel industries.

Minister of International Trade and Industry Tan Sri Muhyiddin Yassin said in an official statement that Malaysia managed to get around 29 projects in the iron and steel industries amounting to more than RM11 billion.

News: Malaysia Continues To Attract Investments In Iron And Steel Industries :: Bernama.com

Tags: investments • iron and steel •
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First Monorail System in India

By Website Introductions at 11/15/08 23:50
Scomi Engineering Bhd and Indian partner Larsen and Toubro Ltd, have was awarde the 1.85 billion ringgit ($518.21 billion) contract for the first monorail systme in Mumbai Metropolitan Region in India.

The project is expected to be completed in five years with the two companies sharing jobs with the 19.54 km monorail and would begin from the west side of Mumbai at Gadge Maharaj Chowk to Chembur through Wadala.

News: The Hindu News Update Service

Tags: monorail system • first monorail system in india • scomi engineering bhd • larsen and toubro •
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Telekom shares go down, SapuraCrest up

By Website Introductions at 11/13/08 01:18
Affected by weaker sales in voice calls and foreign exchange losses, stocks of Malaysian telecommunication provider Telekom experienced a significant value loss of 13.9 percent today.

On other Malaysian stock market news, oil and gas producer SapuraCrest stocks jumped up by 6.6 percent after news that the company is close to win a $1 billion oil contract in Borneo. More details about this here at Forbes.com

News: Malaysia Hot Stock-Telekom shares slumps; SapuraCrest surges - Forbes.com

Tags: telekom • sapuracrest • stocks •
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Malaysia News Blog November Archive