https://www.scmp.com/rss/321850/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Amid tough international trading conditions, Malaysia's airline industry is successfully rebuilding itself after the loss of three planes last year. Malaysia's flag carrier has since been rebranded and restructured. Its new name is Malaysia Airlines Berhad (MAB) and it will be equipped with new aircraft following the tragic loss of two planes flying under its old Malaysian Airline System Berhad (MAS) banner. Flight MH370 is believed to have crashed in the Indian Ocean with the loss of all... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886363/airlines-are-seeking-restore?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886363/airlines-are-seeking-restore?utm_source=rss_feed Wed, 09 Dec 2015 04:45:00 +0000 Malaysia's economy will be boosted by two large trade deals, analysts say. Greater economic integration between the 10- members of the Association of Southeast Asian Nations (Asean) was agreed last month, while another initiative that will help the country's exporters - the Trans-Pacific Partnership (TPP) - was signed in October. At its summit last month in Kuala Lumpur, Asean's rotating chair Malaysia's Prime Minister Najib Razak announced the Asean Community would be established on December... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886362/trade-deals-provide-welcome-boost?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886362/trade-deals-provide-welcome-boost?utm_source=rss_feed Wed, 09 Dec 2015 04:44:54 +0000 Over the past 60 years, Malaysia has transformed from being an international aid recipient, with high levels of poverty, to one of Southeast Asia's leading economies and a mentor for other developing nations. Recently, however, Malaysia has encountered economic turbulence, but its international importance is demonstrated practically and symbolically by plans to open a new World Bank office in the country's capital, Kuala Lumpur. The World Bank Group Office in Malaysia will be an operational hub... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886361/opening-world-bank-office-kuala?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886361/opening-world-bank-office-kuala?utm_source=rss_feed Wed, 09 Dec 2015 04:39:35 +0000 Asian cuisine is a rich melting pot of food from different cultures. With a penchant for flavourful dishes, Asians have one of the most diversified palates - shaped by the creative use of spices, grains and meat. Berjaya Food (BFood) takes pride in further enriching Asian tastes with food and beverage establishments that treat customers to a different kind of gastronomic experience. Berjaya Corp, a conglomerate that has made a mark in Malaysia and the rest of Asia since 1984, has brought... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886364/bfood-offerstaste-success?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886364/bfood-offerstaste-success?utm_source=rss_feed Wed, 09 Dec 2015 03:57:22 +0000 Hong Kong's premier serviced apartment brand, Shama, will soon transform the landscape of Medini Iskandar Malaysia in Nusajaya. The 20-storey Shama Medini will rise within United Malayan Land's (UMLand) UMCity Medini Lakeside - a world-class commercial hub that will showcase business, hospitality and retail components. "Shama Medini is a lifestyle and an investment," says Dennis Ng, UMLand's executive director. "We're excited to market it." The upscale serviced residence offers spacious... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886365/shama-serviced-apartment-rise?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886365/shama-serviced-apartment-rise?utm_source=rss_feed Wed, 09 Dec 2015 03:55:49 +0000 Technology is the single most impactful force that is shaping how the world is doing business today. A formidable friend or foe, it remains the bridge that connects customers who require information on the go in the most convenient manner. Riding this wave of change, Tune Insurance has realigned its business focus and refreshed its brand proposition by reintroducing itself as Tune Protect. "Customer demands are pushing change. Demands for easier access to information, simplified processes and... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886369/tune-protect-focuses-making?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886369/tune-protect-focuses-making?utm_source=rss_feed Wed, 09 Dec 2015 03:45:15 +0000 For FAM Holdings, property development is more than constructing buildings. It is about maximising the potential of a location to its fullest and creating welcoming environments - transforming it into a venue that serves several purposes, whether residential, commercial or industrial. Since transforming the once-underdeveloped area near Malaysia's tourist hot spot Batu Caves into a thriving estate bustling with activity, FAM has continued to uphold its belief in value creation. Established in... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886371/fam-holdings-delivers-great-value?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886371/fam-holdings-delivers-great-value?utm_source=rss_feed Wed, 09 Dec 2015 03:44:05 +0000 Taiwanese Yang Wu-hsiung founded Amallion Enterprise (AE) in his homeland at a time when the local electronics industry was booming. Though there were a number of industry players, the printed circuit board (PCB) manufacturer stood out with its remarkable dedication to customers. First, AE relocated to Malaysia in 1987 when clients moving there invited the company to come along. Today, AE also has a factory in Thailand to support relocating customers. "We have to be where our customers are,"... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886370/ae-fortifies-pcb-manufacturingas?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886370/ae-fortifies-pcb-manufacturingas?utm_source=rss_feed Wed, 09 Dec 2015 03:40:59 +0000 Sabah is creating an expanded and diversified agricultural sector to ensure stable food supply to its domestic and export industries, and to provide quality food products to Malaysia and across Asia. This is according to Sabah's deputy chief minister, Yahya Hussin, who also heads Sabah's Ministry of Agriculture and Food Industry (MAFI). MAFI sees great potential for Sabah to play a crucial role in achieving food security and optimising food production processes in the East Asean Growth Area... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886367/sabahs-agro-industry-crucial?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886367/sabahs-agro-industry-crucial?utm_source=rss_feed Tue, 08 Dec 2015 10:00:45 +0000 Looking to boost sales and market competitiveness, Malaysian plastic component manufacturer DENKO Industrial is strengthening its foothold in Indonesia. Through wholly owned subsidiary Winsheng Plastic and Tooling Industry, DENKO operates a sophisticated plastic injection moulding and mould fabrication factory in Jakarta to satisfy increasing volume demand. Incorporated in May last year, the subsidiary caters to DENKO's existing multinational customers who have relocated their operations to... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886372/diversification-mould-denko?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886372/diversification-mould-denko?utm_source=rss_feed Tue, 08 Dec 2015 09:53:53 +0000 The rise of application-based disruptive innovations such as the transport booking platform Uber and navigation tool Waze demonstrates how technology continues to improve everyday life. Building on this megatrend, BookDoc harnesses technology to improve health care access in Malaysia and the rest of Southeast Asia through a medical-focused application. Among the first online health care platforms in the Asia-Pacific, BookDoc was founded in July by two young Malaysians - Chevy Beh, the former CEO... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886374/bookdoc-mobile-app-improves?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886374/bookdoc-mobile-app-improves?utm_source=rss_feed Tue, 08 Dec 2015 09:51:46 +0000 Being an industry pioneer is an edge that distinguishes a company among competitors, but more importantly, it represents a high degree of expertise. When it comes to offshore crane servicing and manufacturing, Handal Resources stands out as a home-grown company that has won the trust of major players in the oil and gas industry through its reliable Seacrane brand. "There is no single offshore crane service provider in the region that can execute the same methodology that we do," says Mallek... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886376/handal-resources-brings-offshore?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886376/handal-resources-brings-offshore?utm_source=rss_feed Tue, 08 Dec 2015 09:50:29 +0000 The Sarawak Corridor of Renewable Energy (SCORE) is making significant progress towards becoming the state's primary economic powerhouse, shored up by heightened investments from energy-intensive industries. Playing a vital role in advancing the SCORE programme is Sarawak Cable (SCABLE), a home-grown cable manufacturer that provides a full range of power cables, wires and conductors used in the transmission and distribution of electricity. "We have a clear target - to become a one-stop house for... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886375/sarawak-cable-powers-acquisitions?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886375/sarawak-cable-powers-acquisitions?utm_source=rss_feed Tue, 08 Dec 2015 09:46:24 +0000 Building on increased shipping activity buoyed by Asia's rich import-export sector, EA Technique is primed to make an impact on regional maritime trade with its emphasis on quality marine services and human development. "We strive for quality," says managing director Abdul Hak Mohamad Amin. "Our strength has always been in our focus on human development." Starting as a family business 20 years ago, EA Technique has grown into one of Malaysia's top shipping companies, offering shipping services... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886378/ea-techniques-regional-growth?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886378/ea-techniques-regional-growth?utm_source=rss_feed Tue, 08 Dec 2015 09:42:15 +0000 Malaysia is no exception when it comes to the ups and downs in the construction industry. This is why the phenomenal success of IPMUDA as one of the country's largest distributors of building materials is truly notable. Celebrating its 40th anniversary this year, the company goes beyond continuously strengthening its one-stop-shop reputation and excellent customer service. IPMUDA distinguishes itself by cultivating lasting business relationships with customers and suppliers, and by implementing... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886380/ipmuda-builds-legacy-lasting?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886380/ipmuda-builds-legacy-lasting?utm_source=rss_feed Tue, 08 Dec 2015 08:24:36 +0000 Evyap, the forerunner in creating world-class brands that are popular among consumers in Turkey, envisions becoming a part of households in Southeast Asia. Moving towards its vision of building a global organisation and creating value for its stakeholders, Evyap has established a greenfield project - a state-of-the-art oleochemical plant in Malaysia. The Johor-based facility boasts an annual production capacity of 350,000 tonnes of high-grade oleochemicals and soap noodles, which are the... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886377/evyap-boosts-asias-oleochemicals?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886377/evyap-boosts-asias-oleochemicals?utm_source=rss_feed Tue, 08 Dec 2015 08:22:11 +0000 Heng Huat Resources Group, one of Malaysia's leading manufacturers of biomass materials such as coconut fibre and oil palm empty fruit bunch (EFB) fibre, adds immense value to the global sustainability agenda with new applications. It has developed briquettes and fibre mats from oil palm EFB fibre, organic products that have groundbreaking potential in clean energy and disaster prevention. "Palm fibre mats can be applied to prevent landslides and sandstorms," says Lim Ghim Chai, executive... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886379/heng-huat-resources-develops?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886379/heng-huat-resources-develops?utm_source=rss_feed Tue, 08 Dec 2015 08:14:09 +0000 As regional economic integration becomes an imminent reality through the creation of the Asean Economic Community (AEC) this year, opportunities abound for businesses looking to expand their global operations and forge cross-cultural partnerships across the Asia-Pacific's growing markets. Liberty Insurance in Malaysia combines the high-calibre global expertise of multinational insurer Liberty Mutual Insurance Group and the 38-year tenure of Uni.Asia General Insurance serving Malaysia's local... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886387/insurance-gets-upgrade-malaysia?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886387/insurance-gets-upgrade-malaysia?utm_source=rss_feed Tue, 08 Dec 2015 08:10:25 +0000 Resorting to conventional logging to meet the world's ever-increasing demand for wood has put a strain on forest resources. Using advanced, environmentally friendly and sustainable practices, Evergreen provides an ideal alternative to solid wood and plywood with its medium-density fibreboard (MDF) and other quality engineered wood-based products. From its own sources of recycled and renewable raw materials, Evergreen also offers wooden furniture specifically designed to customers'... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886385/evergreens-engineered-wood-helps?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886385/evergreens-engineered-wood-helps?utm_source=rss_feed Tue, 08 Dec 2015 07:36:29 +0000 Malaysia Smelting Corp (MSC) has prospered in the tin industry by upholding a supply chain fundamental: consistency of high-quality supply regardless of market cycle. This is crucial in this highly volatile industry where price fluctuations and ever-changing regulations have global impact. "When clients send materials to us, they are assured of the right price, accurate quality calls, and that they will get paid in full," says Chua Cheong Yong, CEO of MSC. "This is very important in the custom... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886386/msc-eyes-asian-partnership?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886386/msc-eyes-asian-partnership?utm_source=rss_feed Tue, 08 Dec 2015 07:25:50 +0000 As Malaysia moves towards developed economy status by 2020, population growth, urbanisation, industrialisation and climate change continue to strain one of the country's most vital natural resources - water. In line with government initiatives to guarantee the safety and availability of water resources, Sabah State Water Department, or locally known as Jabatan Air Negeri Sabah (JANS), is actively taking steps to supply adequate water for the population of Sabah. A local government agency under... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886388/jans-lays-infrastructural?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886388/jans-lays-infrastructural?utm_source=rss_feed Tue, 08 Dec 2015 07:22:19 +0000 Rich in indigenous raw materials such as palm oil and palm kernel oil, Malaysia has built one of the largest oleochemical industries in the world. One home-grown company is playing a key role in further expanding the market for these aturally sourced chemicals, which are gaining significance over petrochemicals for their versatility, performance and sustainability. "We're putting a lot of effort into research and development to create value-added, environment-friendly products," says Tan Loon... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886392/britz-networks-forefront?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886392/britz-networks-forefront?utm_source=rss_feed Tue, 08 Dec 2015 07:16:18 +0000 Malaysian marine, container and logistics company PDZ Holdings showed a turnaround in profitability in the fourth quarter of the financial year ended June 30 despite the persistent overcapacity and soft freight charges causing setbacks in the domestic shipping industry. "We attribute the turnaround to our asset optimisation strategy," says Amin Lana, group managing director. Lana, who took the helm in early January, has spearheaded the company's rebound, which is anchored in cost-cutting... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886390/pdz-sets-growth-trajectory?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886390/pdz-sets-growth-trajectory?utm_source=rss_feed Tue, 08 Dec 2015 07:15:15 +0000 With nearly 40 years of experience, Matrix Group is strengthening its position to become a global force in the food ingredients sector. To increase production capacity, it invested US$12 million to expand its facility in Malaysia with state-of-the-art technology. To meet the increasing demand for halal flavours in Asia, Matrix is doing contract manufacturing in Japan, South Korea, Indonesia and the Philippines. Drawing on its technology developed in-house, Matrix manufactures and exports... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886389/matrix-expands-capacity-enhance?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886389/matrix-expands-capacity-enhance?utm_source=rss_feed Tue, 08 Dec 2015 06:45:00 +0000 About 125km northeast of Kuala Lumpur, Pahang is a gold mine for tourists who love nature in all its forms. From highlands and rainforests to islands and beaches, Pahang showcases the best of such attractions in the world. Home to many rare and endangered animals, the Taman Negara, for example, is one of the oldest rainforests in the world at 130 million years old. The water surrounding Tioman Island, on the other hand, is so clear that a boat moored on its shores seems to be floating on thin... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886395/pahang-malaysia-offers-some-worlds?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886395/pahang-malaysia-offers-some-worlds?utm_source=rss_feed Tue, 08 Dec 2015 06:36:09 +0000 With Asia-Pacific leading in the world market for air conditioning, accounting for 58 per cent of global sales last year at US$56.5 billion, the outlook for Malaysian air con brand Acson looks bright. Since its incorporation in 1984, Acson has evolved from a home appliance business into one of Malaysia's three largest air con brands and a leading international provider of quality Malaysian-made products. "Our people are key to our success and the reason behind our tripled turnover in the past 10... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886398/acson-brings-home-grownair?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886398/acson-brings-home-grownair?utm_source=rss_feed Tue, 08 Dec 2015 06:31:10 +0000 Having an outstanding track record that includes supplying souvenirs for sporting events such as the Fifa World Cup, the Commonwealth Games, the Southeast Asian Games and Sukan Malaysia, Emico is regarded as Southeast Asia's leading trophy manufacturer. Gaining an unmatched expertise drawn from more than 40 years of experience as producer and marketer of medals, trophy components, souvenirs and custom-designed promotional items, Emico has expanded into providing end-to-end solutions and... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886394/design-and-expertise-winning-more?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886394/design-and-expertise-winning-more?utm_source=rss_feed Tue, 08 Dec 2015 06:24:16 +0000 Contract management specialist Plus Three Consultants is in the business of protecting clients from commercial and contractual issues in complex projects. Carving a niche in cost engineering within the construction and infrastructure industry, the international consulting firm has launched a risk mitigating software to make it easy for companies to comply with the implementation of the New Engineering Contract (NEC) conditions of contract. Named C-Com, the software can be customised to suit most... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886396/plus-three-consultants-carvesniche?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886396/plus-three-consultants-carvesniche?utm_source=rss_feed Tue, 08 Dec 2015 06:20:38 +0000 As one of Malaysia's furniture industry pioneers, Federal Furniture upholds more than 50 years of expertise in creating tailored furniture and fittings for residential and premium commercial use. "We bring concepts to life and consult with clients on what they want to achieve, and make it happen," says Choy Wai Hin, managing director. Bursa Malaysia-listed Federal Furniture has three core operations - interior fit-out, manufacturing and export, and retail. Last year, its turnover rose by 22 per... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886399/federal-furniture-bolsters?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886399/federal-furniture-bolsters?utm_source=rss_feed Tue, 08 Dec 2015 04:22:04 +0000 Paradise may not even begin to describe Sabah, but it comes close. Home to Malaysia's highest mountains, dense tropical rainforests and some of the world's most diverse marine life, the state located in northern Borneo is one of the fastest-growing eco-tourism sites in the world - with tourists averaging more than 2 million annually over the last 10 years. Today, the state is attracting more than international divers, golf aficionados, mountaineers and other adventurers. From small- and... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886402/sedia-drives-sabahs-riseas-global?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886402/sedia-drives-sabahs-riseas-global?utm_source=rss_feed Tue, 08 Dec 2015 04:15:45 +0000 When it comes to metal ceilings and louvre ventilation systems, DML Products blows away the competition with its innovative designs and technologies that combine excellent quality, aesthetics and cost-effectiveness. Having solidified its market leadership in Malaysia, the company is looking to broaden its reach and bring its cutting-edge designs to the rest of Asia. Led by founder and group managing director Chong Kon Hee, DML introduced sun louvres to the Malaysian market 15 years ago. Chong... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886401/innovative-metal-ceilings-and?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886401/innovative-metal-ceilings-and?utm_source=rss_feed Tue, 08 Dec 2015 04:00:45 +0000 Traditionally prepared through high-temperature deep-frying in tubs of oil, instant noodles have struggled to gain wide acceptance among increasingly health-conscious consumers. Seeing this as an opportunity to market a healthier alternative, Dong Sin Food has branched into manufacturing noodles that are air-dried. "Our noodles contain less fat and are therefore healthier," says James Ha, executive director. "They're 100 per cent cholesterol-free based on lab tests, which also confirm that our... https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886400/dong-sin-foods-air-dried-noodles?utm_source=rss_feed https://www.scmp.com/presented/business/topics/malaysia-country-report/article/1886400/dong-sin-foods-air-dried-noodles?utm_source=rss_feed Tue, 08 Dec 2015 03:35:42 +0000