KUALA LUMPUR: Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said the government is confident that the economy will grow between 4 and 5 per cent in 2016.
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has achieved a major milestone in its rationalisation plan with the sale of its power assets to China General Nuclear Power Corp (CGN).
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher today despite the decline on Wall Street overnight said a dealer.
KUALA LUMPUR: Gold futures contract on Bursa Malaysia Derivatives was slightly lower with two contract months traded.
KUALA LUMPUR: At 9.30 a.m. today, there were 249 gainers, 213 losers and 288 counters traded unchanged on the Bursa Malaysia.
KUALA LUMPUR: The ringgit rebounded to open higher against major currencies, including the US dollar, dealers said.
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is selling its 100 per cent stake in all its energy assets to China General Nuclear Power Corp for RM9.83 billion.
Msian firm Masers Energy Inc grabs platinum award at 27th International Quality Crown Award Convention
LONDON: Malaysian company Masers Energy Inc, received a platinum award at the 27th International Quality Crown Award Convention held at the Guoman Tower Hotel, here last night.
KUALA LUMPUR: AmBank Group is open to expanding its AmGeneral Insurance business to include the takaful component.
KUALA LUMPUR: Malaysia’s total exports to Gulf Cooperation Council (GCC) countries amounted to RM18.79 billion in 2014, up by 2.5 per cent year-on-year, says the Malaysia External Trade Development Corporation (Matrade).
KUALA LUMPUR: CTBC Bank of Taiwan is following the footprints of its investing business community in Malaysia by opening a representative office here.
KUALA LUMPUR: Malaysian investors have been offered a RM33.5 billion breakthrough into the Chinese capital market, as announced by Prime Minister of China Li Keqiang today.
KUALA LUMPUR: Lulu Group, the owner of the largest hypermarket chain in the Middle East, plans to initially invest RM1.3 billion in Malaysia’s retail market over the next two years, said chairman and managing director Yusuffali M.A.
KUALA LUMPUR: The ringgit opened easier this morning on weak demand for the local note, dealers said.
KUALA LUMPUR: Lulu Group, the owner of the largest hypermarket chain in the Middle East, plans to initially invest RM1.3 billion (US$300 million) in Malaysia’s retail market over the next two years, said chairman and managing director Yusuffali M.A.
KUALA LUMPUR: AirAsia and AirAsia X are offering three million promotional seats to all destinations with base fares starting from RM0 and available on airasia.com from Nov 23-29, 2015.
KUALA LUMPUR: Asean and China signed the protocol to amend the existing FTA to an upgraded version.
KUALA LUMPUR: Southeast Asian leaders on Sunday symbolically declared the establishment by year-end of an EU-style regional economic bloc, but diplomats admitted it will be years before the vision of a single market can be realised.
SEOUL: Malaysia can become a future partner for South Korea in developing its creative economy agenda.
KUALA LUMPUR: The ASEAN Plus Three (APT) Leaders’ Interface with East Asia Business Council needs to address three key issues in the quest to boost the economies of the member states, Datuk Seri Najib Razak said.
KUALA LUMPUR: A new dawn for global palm oil is here now that Malaysia and Indonesia has finally signed the charter to the establishment of the Council of Palm Oil Producing Countries (CPOPC).
KUALA LUMPUR: The Asean Strategic Action Plan for SME Development 2016-2025 will help small and medium enterprises (SMEs) in the region to stay ahead of the competition.
PENANG: MALAYSIA’s first free trade zone in Bayan Lepas, here, continues to serve as the heart of the electrical and electronics (E&E) sector, while more manufacturing and development activities have sprouted in Seberang Perai.
THE government’s decision to embark on export-led industrialisation over four decades ago saw Penang pioneering the establishment of free trade zones (FTZs) on the island and also in Seberang Prai.
Apartment-sharing startup Airbnb Inc has raised over US$100 million in a new round of funding, a source close to the company said.
SAN FRANCISCO: Lack of a long-awaited turnaround at Yahoo has put pressure on chief executive Marissa Mayer to prove she has what it takes to revive the faded Internet pioneer.
KUALA LUMPUR: Crude palm oil (CPO) prices are expected to trade as high as US$700 a tonne by mid-2016 due to the prolonged El Nino drought and more palm oil-based biodiesel usage in Indonesia, said LMC International Ltd chairman Dr James Fry.
KUALA LUMPUR: Full implementation of the key measures for the Asean Economic Community will carry through under the Post-2015 Agenda but needs national level support and commitment.
KUALA LUMPUR: Competition in Malaysia's mobile sector will persist amid weak consumer spending and the entry of incumbent fixed operator, Telekom Malaysia Bhd into the 4G market.
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