Author: Alvin Tang

KUCHING: Rimbunan Sawit Bhd (RSB) has completed its capital reduction exercise via the cancellation of the company’s paid-up share capital which is substantially unrepresented by available assets of about RM223.1 million. The corresponding credit of RM223.1 million arising from the cancellation will be used to set off against the company’s

KUCHING: Japan’s wooden office furniture import value has surged by a massive 56 per cent to RM6.88 million in August 2023 from the unusually low value in the previous month of July. In August, shippers in China and Malaysia dominated imports accounting for 44 per cent (RM3.84 million) and 37

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