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NEWS UPDATES Asean Affairs   1 March 2012

Malaysia’s Proton loss increases in 2011

KUALA LUMPUR, Feb 29

 National car manufacturer Proton Holdings Bhd's pre-tax loss widened to RM84.054 million for the third quarter ended Dec 31, 2011 compared to a pre-tax loss of RM51.535 million in the same period in 2010.

In a statement, the company said the weaker performance was due to a decline in year-end sales which resulted in the adjustment of production numbers to better manage costs.
Revenue decreased to RM1.432 billion from RM1.833 billion previously.


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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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