Slowdown in US market may dampen Malaysian export market growth
by admin on Dec.11, 2007, under Export Import, Trade & Market
By SURAJ RAJ
– biz.thestar.com.my
CONSUMERS could be tightening their belts as they usher in the New Year in anticipation of further hikes in toll rates, public transportation and oil prices, industry observers said.
In addition, the expected slowdown in the global economy and uncertainties in the US market may also dampen the growth of Malaysia’s export sector.
If such an environment prevails, can domestic demand, which helped push Malaysia’s gross domestic product (GDP) growth to 6.7% in the third quarter of the year (Q3′07), maintain its momentum?
Standard & Poor’s Ratings Services sovereign and international public finance ratings director Sani Hamid believes it can, as long as employment and income prospects remain stable.
“Traditionally Malaysia’s growth has been export dependent but increasingly over the years, domestic demand has also been a pillar of growth. (continue reading…)
Export companies cry for tax incentives
by admin on Nov.29, 2007, under Export Import, Industry, Products
Export companies complain that now they cannot enjoy any preferences for exports after the Decree 24 guiding the implementation of the Corporate Income Tax was promulgated.
Under the WTO commitments, Vietnam must remove the direct support given to export companies, but it still can apply other kinds of allowed support and preferences.
Preferences for exports on the wane
Generally, once a new decree is promulgated to replace a previous decree on the same issue, it always maintains the tax incentives stipulated in the previous decree. However, the Decree 24 does not preserve the preferences stipulated in the Decree 36 from 1997.
Under Decree 36, foreign invested enterprises (FIEs), that make investment in industrial zones (IZ), would enjoy the preferential corporate income tax rate ofಊ% (during the whole life of (continue reading…)
The Colorful Interior Design Inspiration A Kitchen House
by admin on Nov.20, 2007, under Products
That is an interesting color blend, many color but still looking harmonic each other. I hope this picture will be your inspiration if you looking for a different color trends for your interior design project.
(via)
Alignent Software Standardizes on MadCap Flare 2.5
by admin on Mar.27, 2007, under General News
SAN DIEGO — /PRNewswire/ — MadCap Software, the leader in multi-channel content authoring and a Microsoft Visual Studio 2005 showcase company, today announced that Alignent Software has standardized on MadCap Flare 2.5 for delivering its user documentation. Alignent, a pioneer in enterprise roadmapping software to optimize long- and short-term business planning, has purchased multiple licenses of Flare in order to modernize and streamline its processes for creating and publishing context-sensitive online Help content and printed manuals. MadCap’s application was selected after a rigorous survey of the industry’s
top Help authoring tools (HATs). Flare 2.5 replaces Adobe RoboHelp, and Alignent is currently migrating all of its documentation to Flare.
“We are at the forefront of enabling businesses to grow and capitalize on market opportunity through enterprise roadmapping, and we need user documentation that reflects the same level of innovation,” said Richard Spooner, QA and Technical Publications Director of Alignent Software. “As a RoboHelp customer for many years, we grew (continue reading…)
CBP prepares to expand expedited import tracking
by admin on Mar.24, 2007, under Export Import
The Customs and Border Protection agency is pushing forward with a program aimed at expediting the flow of imports into the United States from trusted nations and corporate entities overseas.
CBP on Friday published a proposed rule in the Federal Register that would make permanent the Remote Location Filing system, which has been in development for more than a decade.
The project aims to replace a long-used paper system for processing commercial imports with electronic processing. The new system is expected to enhance foreign officials’ ability to process documents and allow for quicker verification of imports.
The program is intended, according to the proposal, to “enable a customs broker with a national permit to serve several port locations without the cost of maintaining multiple offices.”
The proposed regulation would create a permanent system similar to the two prototypes that importers have used since the electronic system was initiated in 1995. (continue reading…)
Air Products Brings New Nitrogen Plant in China On-Stream
by admin on Mar.23, 2007, under Products
LEHIGH VALLEY, Pa., March 24 /Muara Teweh-PRNewswire-FirstCall/ — Air Products has brought a new nitrogen plant in China on stream for InfoVision Optoelectronics (IVO), a leading Chinese producer of flat-panel displays. It is the first nitrogen plant of its kind that was designed and built locally in China.
The new plant is based on Air Products’ high efficiency design, which delivers reliable and cost-effective nitrogen to customers in the electronics and other industries around the world. This plant is located at IVO’s factory in Kunshan, Jiangsu Province and provides nitrogen to IVO under a long term contract. IVO produces 5G TFT-LCD panels in a state-of-the-art production centre that represents a US$1 billion investment and is a major project under China’s Eleventh Five-Year Plan.
The plant is also the first Air Products nitrogen plant in China commissioned using local resources including design, manufacturing and construction. The cold box was fabricated by Air Products’ equipment manufacturing facility in Caojing, Shanghai, and the main air compressor was assembled locally. (continue reading…)
Benda Pharmaceutical, Inc. Reconstitutes Board and Appoints Two New Directors
by admin on Mar.23, 2007, under General News
HUBEI PROVINCE, CHINA — (Muara Teweh — MARKET WIRE) — March 24, 2007 — Benda Pharmaceutical, Inc. (”Benda” or the “Company”) (OTCBB: BPMA), a Chinese-based pharmaceutical company engaged in the development, manufacturing and distribution of medicines, active pharmaceutical ingredients and pharmaceutical intermediaries (bulk chemicals), announced today that Dr. Q.Y. Ma and Mr. Eric Yu have been appointed to serve on the Company’s Board of Directors effective March 20, 2007.
Dr. Ma, Director
Dr. Ma has been the managing director of venture capital firm Time Innovation Ventures since 2000. Dr. Ma has more than eight years of experience in venture capital and private equity investment, M&A and project financing in mainland China. Dr. Ma served as an associate professor in the Department of Electrical Engineering at Columbia University and in the Department of Radiology at Harvard Medical School from 1994 to 2005. He has worked closely in the IT and healthcare industries and served as a technology consultant to IBM, General Electric, TRW Inc. and DuPont. Dr. Ma is a director of ComTech, a co-founder of Semiconductor (continue reading…)
