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Playboy said Monday that Hefner has lined up backing from a little-known private equity firm to buy the shares of the media empire that he doesn’t already own and take the company private in a deal that values the organization at $185 million.A few hours later, Marc Bell, the CEO of Penthouse owner FriendFinder, said his company will make a formal bid soon. Playboy, which Hefner launched in 1953, had its most popular years in the 1970s and has been struggling recently to stay profitable amid dwindling ad revenue and increased competition from free alternatives online. Escort Girls KL

According to MPOB, production increased 2.5% to 1.42 million tonnes in June from a revised 1.38 million tonnes in May.Crude palm kernel oil production fell to 152,295 tonnes from 157,982 tonnes previously while palm kernel cake production went down to 168,884 tonnes from 174,870 tonnes.

Universiti Sains Malaysia (USM) researchers have come up with a new invention that could change the face of the ever plastic packaging – fruit waste-based biodegradable plastic bags.

But even more appealing than the natural colour and fragrance of the bags are the price, which the research team claimed cost 10% less than the current non-biodegradable plastic bags commercially used.

Because plastic substrates–and their manufacturing process–are cheaper than the glass substrates currently used to make your laptop display or monitor. The thin films of plastic they’re using are 40 times lighter than glass. Therefore plastics industry will be in for a busy time ahead when the demise of the usage of plastic bags are just a minor setback.

India is Malaysia’s largest trading partner in South Asia while Malaysia is India’s second most important trading partner among Asean countries, next to Singapore.

Malaysia is a growing economy with huge services needs. India, on the other hand, has strength in financial, information technology, banking and insurance sectors that can meet the demand.

There are enormous opportunities in both countries. We have an investor friendly regime. The pace at which the Indian economy is growing and the creation and expansion of infrastructure and other sectors mean the opportunities are limitless.

There’s strong potential for pharmaceuticals  plastics industry besides cooperation in other services sector where India has strengths and advantages.

Both countries have recognised the potential of deepening and diversifying our relations.

For trade to go up to US$15bil, services will have to play an important role as its share in bilateral trade so far is on the lower side. That needs to be raised to a higher level.