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BUSINESS News List

Industry-university collaborations essential for economic growth - Sabah Minister

KOTA KINABALU, July 24 (Bernama) -- Industry-university collaborations (IUCs) are necessary for economic growth in today’s knowledge-based societies as it would be a platform to commercialise academic knowledge by stepping beyond their core business of research and teaching, said Sabah Education and Innovation Minister Datuk Dr Yusof Yacob.

Linde's new facility to boost production capacity by 60 pct

SHAH ALAM, July 24 (Bernama) -- Linde Malaysia Sdn Bhd is expecting a 60 per cent increase in its daily production capacity this year with the installation of a new gas and liquid producing air separation unit (ASU).

Fiscal deficit down 39 pct to RM21.4 bln in Jan-May 2019 -- Guan Eng

KUALA LUMPUR, July 24 (Bernama) -- The government  has successfully cut its fiscal deficit by 39 per cent to RM21.4 billion in the first five months of 2019, down from RM35.0 billion recorded in the same period last year, said Finance Minister Lim Guan Eng.

Malaysia's economy grew 5.5 per cent in 2018, GDP value at RM1.4 trillion - DoSM

KUALA LUMPUR, July 24 (Bernama) -- Malaysia’s economy grew 5.5 per cent in 2018 with a gross domestic product (GDP) value of RM1.4 trillion at current prices, said the Department of Statistics Malaysia (DoSM). 

Prudential BSN Takaful launches PruBSN WarisanPlus

KUALA LUMPUR, July 24 (Bernama) -- Prudential BSN Takaful Bhd (PruBSN) has launched the PruBSN WarisanPlus -- a protection plan premised on the concept of mutual assistance, which provides Malaysians with high value coverage to secure the financial future of their loved ones.

Technical working group to develop STA guidelines

KUALA LUMPUR, July 24 (Bernama) -- The Working Group on Sharing Economy (WGHSE) has formed a technical working group (TWG) to develop the guidelines on short-term accommodations (STAs) as a reference for regulators and local authorities to regulate and manage concerns over STA activities.

Rubber glove industry urged to further tap into African market

By Sharifah Pirdaus Syed Ali

KUALA LUMPUR, July 24 (Bernama) -- The Malaysian rubber glove industry has been urged to strengthen its efforts to further tap into Africa’s vast market potential.