Press Releases
Year:   
   
 
 
Ministry ready to present itemised bill if MCA asks for it
Jun 20, 2011
Source : The Star

GENTING HIGHLANDS: The Tourism Ministry is prepared to present an itemised bill for the RM1.8mil budget for its social media advertising campaign if MCA requests it.

Tourism Minister Datuk Seri Dr Ng Yen Yen said: “He (party president Datuk Seri Dr Chua Soi Lek) did not mention about the itemised bill to me yet. But if he does request it, I have no problem (presenting it).”

 
 
TS Solar To Distribute Himin Products, Solutions
 
May 12, 2011
Source : BERNAMA
 
KUALA LUMPUR — TS Solar Energy Sdn Bhd has signed an agreement with China’s largest solar enterprise, Himin Solar Corp ltd, to distribute its products and solutions.
 
Wen Jiabao meets representatives of Chinese communities
 
Apr 28, 2011
Source : BERNAMA
 
KUALA LUMPUR: Visiting Chinese Premier Wen Jiabao today spent about half an hour meeting with representatives of the Chinese community from China living in Malaysia, as well as those from the Malaysian Chinese community.
Held at a hotel here, the gathering was attended by more than 400 people.

The group included Chinese embassy staff and their family members, investors, businessmen and students.
 
Malaysia and China sign eight agreements
 
Apr 28, 2011
Source : The Star
 
PUTRAJAYA: Chinese Premier Wen Jiabao, who is on a two-day visit to Malaysia, and Prime Minister Datuk Seri Najib Tun Razak witnessed the signing of eight agreements between the two countries on Thursday.

The agreements include a mutual recognition of higher education qualifications, a memorandum of understanding on resolving traffic congestion on Penang island between the state government and Beijing Urban Construction Group Co. Ltd and a joint venture between Smelter Asia Sdn Bhd and Alumini
 
MLM model put to test
 
Mar 28, 2011
Source : The Edge Financial Daily
 
KUALA LUMPUR: The spate of lower earnings reported by Hai-O Enterprise Bhd has prompted questions on the viability of the multi-level marketing (MLM) model following amendments to the Direct Selling Act (DSA). In addition, the possible slowdown in consumer spending due to heightening inflation pressure does not help too.
 
Hai-O profit on downtrend
 
Mar 24, 2011
Source : The Edge Financial Daily
 
KUALA LUMPUR: Hai-O Enterprise Bhd’s earnings fell 65% to RM6.34 million for the third quarter (3Q) ended Jan 31 from RM18 million a year ago. Revenue fell to RM57.6 million from RM131.28 million a year ago due to lower sales from its multi-level marketing (MLM) division, which is its core subsidiary. Earnings per share fell to 3.18 sen from 9.02 sen previously.