Kia Rio new models smoothly January 30

Kia Rio Picasa the best selling models sold outside South Korea show design. NAZA Kia Malaysia, official distributor of Kia vehicles in Malaysia will launch another much-anticipated model, the new model Rio on 30 January.

The new Model is expected to be the main attraction in the market segment B, will feature charming design along with some other advanced features, including improvements in terms of security and fuel savings.

Head of operations, Datuk Hafiz Syed Abu Bakar, said award-winning model is believed to be able to propel the international brand Kia Motors to a higher level this year.

"2012 is a strong year for Kia in Malaysia, with sales rising 13 percent to 12309 units.

"For 2013, we expect the company's sales can grow up to two-fold longer model Rio new vital contributor in achieving the targets," he said.

Hafiz said that confidence among others leverage an extraordinary response recorded the models outside Korea.

"Last year, Kia Rio new emerged as the best-selling models sold outside of Korea with total sales of 466826 units. We are confident that they could repeat the success in Malaysia in the future, "he said.
He however did not disclose the price for the new vehicle.

Save fuel

Kia Rio new targeted customers aged under 35 years old who want stylish vehicle and able to provide fuel savings without compromising on the safety aspect.

Among the main features of which will be featured all new Kia Rio that includes LED lights that go on during the day, solar roof, a combination of the rear LED lights, designer Arkamys audio system, steering system power electronic stability control motor and six airbags.

Between Awards Rio brand new International Design Excellence Award in the United States and Award product design at Design Red Dot Award 2011.

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PUNB loan RM195j driving range pass

Perbadanan Usahawan Nasional Bhd (PUNB) aiming to approve funding of RM195 million this year.

Chairman Khairy Jamaluddin said the amount could finance more than 620 entrepreneurs through four schemes, i.e. Schemes PROSPER, PROSPER Retail Wholesale, small and medium Entrepreneurs and Young Entrepreneurs scheme of PROSPER (PUMA) with financing deals between RM5, 000 to RM5 million.

Last year, PUNB loan valued at 166.78 million to 539 people, he told reporters after the prize presentation ceremony for the winners of the challenge Business Plan PUNB 2012 in Kuala Lumpur, yesterday.

Home Youth

Khairy said, attention will be given to young people in particular the scheme to promote entrepreneurial culture PUMA among generations.

"We will work with institutions of higher learning and entrepreneurs to expose students to entrepreneurship as a career more attractive," he said.

He said the problem of perception such as application conditions too difficult will also be given attention by PUNB.
"Many entrepreneurs think hard to get funding while we do not like the bank requires security for a loan.

"In fact, for the PUMA do not need to even set up the company's track record," he said.

No passive

To this end, Khairy said PUNB is not taking a passive approach to waiting for funding but always proactively seeking qualified entrepreneurs to get it.

Meanwhile, the Chief Executive of PUNB, Dzulkifli talk show said PUNB Plan 2012 Challenge was able to record the entries 301 business plan from students and the public.

Of the amount, 10 groups have been on the short list and receive cash prizes in the form of business grants with a value totalling RM170, 000. -NEW STRAITS TIMES

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Maybank, Warner Bros out debit cards ' Superman '

Malayan Banking Bhd (Maybank) foster cooperation with Warner Bros. to issue debit cards that display images ' Superman ' superhero characters in an effort to strengthen its position as the leading debit card in the country.

Vice President and Chief Community banking services, Lim Hong Tat said through the joint venture, Visa Debit card Maybankard Superman will be given limited especially for fans of the comic hero.

He said the debit cards will start to be in the market in the first quarter of this year and is issued to encourage customers to use it as one of the payment methods including shopping for daily necessities.

Payment by debit card will also get Treatspoint rewards, reward points programme for loyal customer of Maybank, "Lim Hong Tat, Vice President and Chief Community banking services of Maybank

Discount fresh products Warner Bros

"The debit card also offers special benefits and discounts for products under the brand name Warner Bros," he said in a statement released in Kuala Lumpur yesterday.

Lim expects Maybankard Visa Debit Superman as another opportunity to strengthen its leading position in the Maybank debit card.

"By comparison, the value of progress through Maybankard debit card more than RM1 billion or increased by 30 percent last year compared to 2011.
"The debit card Visa Debit and promotion that Superman will be organized this year, we expect through debit card spending will grow at least 33 Maybankard percent this year," he said.

Lim said Maybank's market share in the progress is 53 per cent and debit/ATM card used by more than 8.5 million customers as well as the number of users continues to increase.

He added, one advantage of Maybank Debit card is proved to be in millions of worldwide purchase Center and its function is similar to a credit card when making payments.

"It can also be used for payment for online purchases being the main features to attract the younger generation to use the debit card Superman.

"In addition, payment by debit card will also get Treatspoint rewards, reward points programme for loyal customer of Maybank," he said.

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GDP peruntuk RM700j capital shopping

The company plan expands domestic operations, overseas

PETRONAS Dagangan Bhd (PDB RENDERING), a major branch of marketing oil and gas company, PETRONAS, assign the RM700 million as capital expenditure this year.

Managing Director and Chief Executive, Aminul Rashid Mohd Zamzam, said of the amount allocated to RM500 million domestically, while the remaining operations to the development of overseas operations, particularly in the Philippines, Vietnam and Thailand.

2013 is the beginning last new goverment PDB RENDERING three core strategies of market leader, innovation and sustainability, to maintain PETRONAS as the number one country "brand Aminul Rashid Mohd Zamzam, Managing Director and Chief Executive of PETRONAS Dagangan Bhd

He said PETRONAS station of 60 with 50 new Friendly Store will open across the country this year, thus increasing the amount of petrol station PETRONAS and respective Friendly to 1085 and 740 by the end of this year.

"This will allow us continued to dominate the largest oil retailing in the country.

This year will also witness the involvement of PDB RENDERING is more aggressively outside of Malaysia, especially in the business segment of liquefied petroleum gas (LPG) in the Philippines and Vietnam and the segments of lubricants in Thailand, "he said during a media briefing on the business review PDB RENDERING 2013 in Kuala Lumpur, yesterday.

Aminul Rashid said, the expansion of operations to three country PDB RENDERING is realised through the acquisition of six companies, including PETRONAS Energy Philippines Inc. (PEPI); PETRONAS Vietnam Co Ltd (PVL); and PETRONAS International Marketing (Thailand) Co Ltd (PIMTCL) last year.
PEPI said, which is now more focusing on LPG market in the southern Philippines will start entering the main island of the country, namely Luzon, this year. Luzon dominate 70 percent of the LPG market.

Strong position

He said PEPI will also strengthen the position of the PETRONAS brand lubricants in that country, but it is very likely not sold under the brands Syntium like in this country but use other brands that will be decided later.

Similar strategies are used, he said in Vietnam, PDB RENDERING which new investment will be made for the construction of a new LPG storage depot, and at the same time expand lubricants.

Aminul Rashid said, said in Thailand were the focus of more lubricant to the segment, particularly for use in motorcycles.

"2013 is the beginning of the last new goverment PDB RENDERING three core strategies of market leader, innovation and sustainability, to maintain PETRONAS as the number one brand and developing countries to reach new markets in ASEAN," he said.

He said moving forward, PDB RENDERING will continue to strengthen its control over the strategic growth agenda with the goal of developing income between five to seven percent over the next five years.

About whether PDB RENDERING will open the PETRONAS petrol station in three countries, thus developing the PETRONAS brand off the coast of Malaysia, he said it does not intend to do so at this time, despite the retail business will focus on the domestic level.

He said this is because countries impose stricter controls on retail oil in their respective countries, as well as supply factors.

"We will expand it to ASEAN countries only when there is full market liberalisation," he said.

He explains, there is PETRONAS petrol station overseas today, for example in Bandung, in manage directly by the parent company.

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IPO Iskandar Waterfront diunjur RM900j funds received

Local property developers, Iskandar Waterfront Holdings Sdn Bhd, is expected to be listed on Bursa Malaysia in June with their initial public offerings (IPO) is estimated at fund raising about RM900 million.

The IPO would be watching company based in Johor joined some of the master property developers listed major Asian like Ayala Corp. of the Philippines and Mitsubishi Estate Co Ltd of Japan.

"They are targeting the market capitalisation of about RM9 billion," said the source who refused to disclose his name to Reuters.

A line of the biggest property developers

That market value is set to put Iskandar Waterfront row with the largest local property developer, UEM Land Holdings Bhd.

Iskandar Waterfront between subsidiaries is Tebrau Teguh Bhd has appointed CIMB Investment Bank, Deutsche Bank, JPMorgan and RHB Investment Bank to manage the IPO, according to the sources.

CIMB and Deutsche Bank however refused to comment on the matter. Other banks failed to be reached.
Officers from Iskandar Waterfront also failed to be reached.

Iskandar Waterfront, Managing Director, Tan Sri Lim Kang Hoo and Johor Government are among its shareholders is the master developer of waterfront 1620 hectares in Iskandar Malaysia.

The regional development, led by Khazanah Nasional Bhd has attracted other developers such as property developer from China, Country Garden Holdings Co Ltd, which bought 11 hectares of land offered waterfront.

Listing of Iskandar Waterfront is expected to be the first after the general election.

Malaysia is Asia's IPO market in 2012, driven by the Government's privatization program and a strong economy.

However, analysts and investment banks said the IPO activity will slow a bit towards the general elections because of concern over the volatility of the market.

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The third-richest man Thailand designate Ahold F&N

Singapore: third richest Man in Thailand is poised to dominate the Fraser and Neave Ltd (F&N) soon largest acquisition through activities in Southeast Asia.

It after the group led the Indonesian wealth fail in bid to take over America drinks and real estate based in Singapore.

The group led Stephen Riady, Overseas Union Enterprise Ltd withdrew after the company Thailand, TCC Assets Ltd, headed by millionaire Charoen Sirivadhanabhakdi (small picture), increase the acquisition offer for F&N to over S $ 8 billion (RM 19.58 billion) for property and business portfolio of soft drinks, dairy and printing F&N.

Charoen, which already owns 42.5 percent share F&N, through TCC Assets and Thai Beverage PCL.

The offer made by them at a price of S $ 9.55 per share last week for F&N shares that are not held by it in the Singapore conglomerate that involves value around S $ 13.75 billion (US $ 7.0 billion).

' F&N have the time to make a decision about whether to accept or reject the offer until early next month.
Real estate franchise benefits

"Once the offer becomes unconditional, we tend to see action TCC to integrate the operations of F&B (food and beverage) with F&N. in addition, it will also take advantage of real estate franchise F&N regional and global," said Nomura Equity Research Head for Asia, Jit Soon Lim.

Lim explains, Charoen may sell business printing and publishing F&N estimated amounting to approximately S $ 320 million.

Interest in F&N announced Charoen publicly when his company became a shareholder of F&N in July last year, tried to buy the interests of F&N producer Tiger Beer, Asia Pacific Breweries Ltd.

However, he failed in the struggle when the F&N selling interest to liquor manufacturer Netherlands, Heineken NV at a price of S $ 3.5 billion in September.

The millionaire, who also was the son of a street vendor in Bangkok, quickly make an offer of S $ 8.88 per share for the remaining shares F&N.

F&N is the leader in the soft drinks market in Malaysia and Singapore, with the market share of the respective 19.4 per cent and 13.3 per cent, so according to the Euromonitor research firm. -REUTERS

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Toyota noted the highest selling

UMW Toyota Motor, exclusive distributor of Toyota and Lexus brand in Malaysia recorded the highest sales record last year.

Its President, Datuk Sahibul Suki, says the company shut down the 2012 with sales records its highest level of 106600 unit with 1500 units is from sales of Lexus models.

He said the sales represented a 17 per cent market share in a challenging market environment.

"Our top two models in terms of sales is Vios and Hilux each represent 30 and 27 percent overall sales last year.

Challenging year

"Although many products launched last year, we expect this year will be another challenging year for the company," he said at the celebration of media in Kuala Lumpur recently.

In 2011, UMW Toyota Motor just sell 86951 units model Toyota and Lexus models with unit 1711 problem supply chain disruption following the flooding in Thailand and tsunami in Japan.
UMW Toyota Motor has 92 sales and after-sales branches throughout the country.

UMW Toyota Motor aiming to upgrade almost all its facilities into a retail, service and spare parts (3S) fully before the end of the year.

The move aims to improve sales and after-sales facilities to cater to the increasing number of Toyota vehicles in the country.

Meanwhile, Sahibul says co-operation between States to the entire media organisations need to be upgraded as part of his initiative to maintain its market leadership in the automotive industry.

"Build a relationship with the media has always been agendas in UMW Toyota Motor.

"We always recognises the importance of the media as a link to the public and customers. UMW Toyota appreciates the support and contribution of the media to ensure that our customers and the public have sufficient information to offer products, services and activities related to our community, "he said.

Major automotive companies

He added, the journey toward success is difficult, but with the support of the media promote and convey information about products, services and corporate messages from the company to the public, making everything easier for him being one of the major automotive companies in the country.

"The investments are planned, UMW Toyota Motor is committed to providing comprehensive service to our customers and expect established itself as the main non-national brands in the country," he said.

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Chevrolet Captiva win grace

Chevrolet Captiva VCDI award-winning Value For Money Sports Utility Vehicle (SUV) Car at/Cros-sover Awards Best Autoworld 2011.

Chevrolet Captiva car turbo-diesel was recognised for the better in some factors such as internal space, accelerating, engine specifications and security features, pricing and value for money.

Inspiration from Europe

The new award is an extension of a recent victory, recorded for SUV/Crossover best Car Awards Best Autoworld Shell V-Power, because the style and dynamic drive that drew inspired from Europe.

"Over the last year, advanced shape Captiva, which consolidated with agility, comfort, safety and better performance, get the attention of Malaysians who choose style and luxury SUV for the family," said Group Executive Chairman With NAZA group of companies, Datuk SM Faisal SM Nasimuddin in a statement.

NAZA Quest Sdn Bhd, importer and distributor of Chevrolet car in Malaysia, launched an updated version of the Captiva petrol in August 2011 and turbo-diesel in may 2012.

Best-selling SUV
Sports utility vehicle (SUV) that was first introduced to the Malaysian market in 2007 and improved as the best selling premium SUV on the market.

Model Captiva set at a price of RM158, 888 for variants of petrol and RM165, 888 for the diesel Variant. It is in the Chevrolet showroom nationwide.
NAMED

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WEF best platform market Malaysia

Prime Minister Datuk Seri Najib Tun Razak will use the World Economic Forum (WEF) in Davos, Switzerland this year to enhance the confidence of the international community against Malaysia as a destination for investment, trade, education and tourism options in Asia.

Through the forum that brings together prominent political and economic world, Najib, who is also Minister of finance, will market the brand Malaysia based on the successful economic transformation programme (ETP) since its launch in October 2010.

Best Platform

Minister of international trade and industry, Datuk Seri Mustapa Mohamed, said the rally over 2500 investors, business leaders and policy makers the most powerful and influential in the world, WEF is best platform because it features a wider global audience.

"In view of the increasingly competitive environment, Malaysia faces competition need to upgrade profile by highlighting the success of the business-friendly environment and ETP this country," he said during a press conference in Kuala Lumpur, yesterday.

He said, though the Prime Minister has a tight domestic schedule, especially with the expected general election held in March this year, efforts should continue to attract investors, developing the economy and creating job opportunities.

Najib will travel tomorrow to head the Malaysian delegation to the WEF from 23 to 26 January.
Most important

WEF is one of the most important annual business gathering and high profile in the world.

The theme for this year's forum was ' Resilient ' Dinanisme and world leaders will discuss national methods and business can build resilience risks and adapt to deal with new social and economic demands in an increasingly interconnected world.

As the leader of a country that has moved against global trends, as well as through the brave transformation programme, Najib will take the opportunity to discuss with other world leaders and helped shape the global agenda by 2013.

Meet PM Netherlands

Mustapa said the Prime Minister's programme includes meetings with later Prime Minister of the Netherlands, Mark Rutte; and Director General of the World Trade Organization, Pascal Lamy.

He will also take part in a televised session entitled ' Economic Fatigue and its consequences '.

Here, Najib will talk about global economic issues along with panel members include Ali Babacan, Deputy Prime Minister for Financial and Economic Affairs of Turkey; and Olafur Ragnar Grimsson, President of Iceland.

Will also held a session entitled ' ASEAN: Resilience in diversity '.

In this session he will be joined by politicians, including the President of the Philippines ASEAB, Benigno Simeon Aquino III.

Najib will also attract attention in talk show with famous journalist Fareed Zakaria, CNN, which will see he touched on Malaysia's economic transformation as well as global issues.

Mustapa said that Najib will also find prominent media and international thinkers as well as Chief Executive Officer (CEO) of the leading companies of the world.

In addition to Mustapa, Najib will be accompanied by several other Cabinet members and CEO Performance Management Unit and implementation, Datuk Seri Idris Jala.

NAMED

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