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NEWS UPDATES Asean Affairs        12  February 2011

Proton looking for a tenant

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Proton Holdings Bhd is considering getting a third party to use its manufacturing plant, which currently has a spare capacity of 50 percent.

"Currently, we don't have any parties talking to us, but in our long-term planning for better utilisation of plant capacity, we would of course like to do a third-party assembly," its chairman Datuk Mohd Nadzmi Salleh said.

Speaking to reporters after the Yayasan Proton Scholarship Award presentation here today, he said there was no timeframe for getting a third party.

Mohd Nadzmi also dismissed market talk that Proton was close to getting one.

Meanwhile, Proton adviser, Tun Dr Mahathir Mohamad, said Proton was open for any strategic partnerships with companies that has the technology, either major or small companies.

He said probably, it was better for Proton to go and get technology from a small company as many big companies in South Korea, Japan and Europe were using them to design their cars.

"We are not planning to work with any major companies by giving shares or allowing them to take shares. But if there are good proposals we will consider them," he said.

On selecting politicians to head government-linked companies (GLC), Dr. Mahathir said competent individuals, regardless of whether they were ex-politicians or not, could be appointed.

National Economic Advisory Council member, Datuk Zainal Aznam Mohd Yusof, recently said real reform could be achieved if there was a blanket ban on the appointment of politicians to head GLCs.

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This year in Thailand-what next?

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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