Intel to close 2 plants in Penang

KUALA LUMPUR: Intel Corporation plans to close two existing assembly test facilities in Penang under the restructuring of its manufacturing operations.
Intel said in a statement on Thursday it was restructuring some of its manufacturing operations and align its manufacturing capacity to current market conditions.
The chip maker said it would consolidate and streamline some older capacity [...]

Posted Under: International Biz Update, International News, Malaysia Biz Update, Malaysia News
This post was written by kAyEf on January 22, 2009 Comments (0)

Idle containership fleet grows to 255 vessels - 675,000 TEU

THE level of idle containerships has risen to historic highs, with 675,000 TEU, or 5.5 per cent of the global fleet now idle, according to AXS-Alphaliner News.
This figure translates into around 255 container vessels by Alphaliner’s last count to January 19, up from around 550,000 TEU two weeks earlier. Of these, 148 ships are [...]

jan 22: Nymex crude oil jumped…

jan 22: Nymex crude oil jumped USD2.71 to USD43.55 a barrel.

Posted Under: Malaysia Biz Update
This post was written by admin on January 22, 2009 Comments (0)