KUCHING: Perdana Petroleum Bhd’s (PPB) wholly-owned subsidiary Perdana Nautika Sdn Bhd (PNSB) has secured a vessel chartering contract worth RM7.96 million. On Jan 27, 2023, PNSB received a work order award from Petronas Carigali Sdn Bhd for the provision of one anchor handling tug supply (AHTS) vessel. The contract, which
KUCHING: SCIB International (Labuan) Ltd (SCIBILL) has terminated an Indonesian road project worth RM55.59 million. The wholly-owned subsidiary of Sarawak Consolidated Industries Bhd (SCIB) had issued a notice of termination to PT Cipta Multi Sarana (PTCMS) for the proposed engineering, procurement, construction and commissioning (EPCC) project involving earthworks for the
KUCHING: OM Materials (Sarawak) Sdn Bhd’s (OM Sarawak) ferroalloy smelting plant in Samalaju Industrial Park, Bintulu is expected to produce between 320,000 to 370,000 tonnes of ferrosilicon (FeSi) and manganese alloy products in 2023. In 2022, the plant’s estimated production output was around 360,000 tonnes. “Eight furnaces to undergo major
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) is teaming up with Bintai Kinden Corporation Bhd to establish a strategic alliance for exploring business opportunities, securing of new projects and sharing of profits. Both listed companies signed a memorandum of understanding (MoU) on the partnership on Feb 6. SCIB is a civil
KUCHING: Malaysia’s exports of wood furniture, sawnwood, tropical mouldings/decking, flooring as well as other tropical joinery products to European Union 27 member countries (EU27) have expanded significantly in the first 10 months of 2022 (10M2022) from a year ago. During the period under review, EU27 recorded a 15 per cent
KUCHING: Sales of carbon credit is set to be a new resource of revenue for Vietnam. According to the country’s Agriculture and Rural Development Ministry (MARD), Vietnam can sell 57 million carbon credits to international organisations each year, earning hundreds of millions in US dollar. The carbon credits can fetch
BETWEEN the hassle of flying, jet lag and hauling your luggage around, travelling is challenging enough without worrying about looking fashionable while you do it. But Kate Young, a New York-based stylist who counts actresses Margot Robbie and Michelle Williams among her clients, says that it doesn’t take a lot
KUCHING: KKB Engineering Bhd group has secured two contracts in Sarawak and Sabah worth a combined value of RM351.7 million. Its oil & gas subsidiary Ocean Might Sdn Bhd has received a letter of award with limited notice to proceed (LNTP) from Sarawak Shell Bhd for the provision of engineering,
KUCHING: Sarawak was the No 2 top producing state of crude palm oil (CPO) in Malaysia in 2022, recording total output of 4,005,425 tonnes against 3,907,820 tonnes in 2021. Year-on-year, Sarawak’s CPO production volume rose by 97,605 tonnes or about 2.5 per cent. In the final month of December, Sarawak
KUCHING: Hubline Bhd has posted sharply higher group revenue of RM229.2 million in financial year ended Sept 30, 2022 (FY2022) from about RM153 million in FY2021,with improved performance from both its shipping and aviation businesses. However, despite the revenue growth, group net profit fell to RM12.9 million from RM16.7 million
