The Philippines and South Korea are set to sign a free trade agreement (FTA) this year after concluding their negotiations in 2021. The FTA removes tariffs on most products from both countries and aims to boost bilateral trade. For the Philippines, the FTA can help improve market access for agricultural products to South Korea whereas South Korea is eager to expand its … [Read more...] about Philippines and South Korea to Sign Free Trade Agreement
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Gamuda records higher net profit of RM221.49mil in 3Q
KUALA LUMPUR: Gamuda Bhd ’s net profit surged 56 per cent to RM221.49 million in the third quarter ended April 30, 2022 (Q3 FY2022), from RM141.89 million in the preceding year’s corresponding quarter. The improved net profit was attributed to better earnings performance from its construction and property divisions, it said in a filing with Bursa Malaysia today. … [Read more...] about Gamuda records higher net profit of RM221.49mil in 3Q
Australia launches hub to help cut plastic waste in region
AUSTRALIA’S national science agency has announced to open a hub in Vietnam to help reduce plastic waste in the region. The Plastics Innovation Hub Vietnam will be run out of the Australian Embassy in Hanoi by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in partnership with Vietnam’s Ministry of Science and Technology. It will oversee … [Read more...] about Australia launches hub to help cut plastic waste in region
Farm Fresh buys industrial land for RM18.24m to build manufacturing hub
KUALA LUMPUR: Farm Fresh Bhd (FFB) has proposed to acquire an 8.05-acre piece of freehold industrial land in Seremban for RM18.24mil, to be used as a new manufacturing hub. The dairy company, in a filing with Bursa Malaysia, said its wholly-owned subsidiary, The Holstein Milk Company (M) Sdn Bhd (THMCM), had entered into a sale and purchase agreement to acquire a 32,590 sq m … [Read more...] about Farm Fresh buys industrial land for RM18.24m to build manufacturing hub
‘New international port for Kudat envisioned for 2023’
KOTA KINABALU: A new international port is being planned in coastal Kudat, which is three hours away from the state capital. “It will increase economic opportunities in Sabah,” said Deputy Chief Minister Datuk Seri Bung Moktar Radin, who is also state Works Minister. He said having such a facility in Kudat would offer it a competitive edge like other ports in Klang, Hong … [Read more...] about ‘New international port for Kudat envisioned for 2023’