Search Results for: Malaysia

BY MARK ROWE
THE MALAYSIAN government is to launch a new and powerful autonomous civil aviation authority in an attempt to kick start plans to transform the new Kuala Lumpur International Airport into a regional hub to rival Singapore. The new agency will have a remit to negotiate air service agreements with international airlines.…

MARK ROWE
MALAYSIA is calling for a review of plans to cut tariffs across south-east Asia, claiming that lower tariffs will affect its car production, particular the Proton series. The south-east Asian country has been given until 2005 to bring tariffs on imported cars down to between zero and five per cent, two years later than other key members of the ASEAN Free Trade Area (AFTA).…

BY MARK ROWE
THE CHAIRMAN of General Motors China has warned that neighbouring south-east Asia’s home grown car industry will in future find itself squeezed by stiff competition from the emerging giant next door. China’s expanding middle class, robust economic growth and low rates of vehicle ownership means that car makers in south-east Asian countries such as Thailand will be hard pressed to compete in the growing Chinese market, according to Phil Murtaugh, chairman of General Motors China.…

BY DEIRDRE MASON
THE USA dominates the world’s soft-drinks markets with its Coca Cola, Pepsi and affiliated brands, so can the big players in the European bottled mineral water industry achieve a similar success with brands such as Evian, Volvic and Perrier?…

BY MARK ROWE
MALAYSIA Airports Holdings (MAH) has launched a US$3.5m international campaign to make Kuala Lumpur International Airport (KLIA) a regional hub to rival Singapore. Many major carriers, including British Airways, Qantas and Lufthansa, have stopped flying to Malaysia in recent years but MAH intends to offer tax breaks and fifth freedom rights to allow airlines to pick up passengers while in transit in Malaysia.…

BY SWINEETHA DIAS WICKRAMANAYAKA
ESTABLISHED airport operators, including those of Zurich, Frankfurt, Malaysia, Singapore Changi and Copenhagen, have participated in road-shows in New Delhi and London held to attract interest in Indian government plans to lease the management of its four large metropolitan airports in New Delhi, Madras (Chennai), Bombay (Mumbai) and Calcutta, (Kolkata).…

BY KEITH NUTHALL
CHINA has sought to allay fears that it is dragging its feet over the implementation of liberalisation commitments it made when it was admitted into the World Trade Organisation. It has released explanatory notes to the European Union and Canada, who have raised concerns over the opening of textile import quotas.…

BY MARK ROWE
A ROW over dealership rights could lead to a permanent parting of the ways for Malaysia’s Oriental Holdings and Honda. Oriental was sole distributor for Honda cars until last July, when Japan’s second biggest carmaker took back those rights to form a local unit, giving it direct involvement in Malaysia’s market.…

BY MARK ROWE
THE NATIONAL oil companies of Malaysia and Indonesia and China’s PetroChina are competing to buy up US-based Devon Energy Corp’s Indonesian oil and gas fields. Devon Energy wants to sell US$1 billion in assets after spending more than US$7 billion in takeovers earlier this year.…

BY KEITH NUTHALL
THE EUROPEAN Union has “expressed concern” and “disappointment” over China’s failure to met a January 1 deadline to establish low duty tariff quotas for imports of sugar, palm oil and some other commodities under the terms of its accession to the World Trade Organisation.…