BUSINESS News List
FGV lauds new government's non-interference stance in GLCs
KUALA LUMPUR, May 18 (Bernama) -- Felda Global Ventures Holdings Bhd (FGV) supports the government's non-interference stance with regards to government-linked companies (GLCs), said Chief Executive Officer (CEO), Datuk Zakaria Arshad.
Volkswagen announces new prices with zero GST
KUALA LUMPUR, May 18 (Bernama) -- Volkswagen Passenger Cars Malaysia today announced the updated prices of its model range, effective June 1, in line with the newly-revised Goods and Services Tax (GST) rate of zero per cent by the government.
Long term outlook for Aurigen Reinsurance Ltd stable
KUALA LUMPUR, May 18 (Bernama) -- A.M. Best outlook for the Long-Term ICR has been revised to stable from positive for Aurigen Reinsurance Ltd (Pembroke, Bermuda) based on the company's intention to merge Aurigen Reinsurance Ltd with PartnerRe Life Reinsurance Company of Bermuda Ltd and eliminate Aurigen Reinsurance Ltd. The outlook for the FSR remains stable.
Malaysia's economy grows 5.4 per cent in 1Q18
KUALA LUMPUR, May 17 (Bernama) -- Malaysia's economy grew by 5.4 per cent in the first quarter of 2018 (1Q 2018), underpinned by continued expansion in private sector activity and strong support from net exports.