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Linkedin to set up office in Malaysia

KUALA LUMPUR, Dec 18 (Bernama) -- World's largest professional network Linkedin will be setting up an office in Malaysia in the first quarter of 2019 to serve its four million members in the country and to scale up its business in Asia Pacific. 


World Bank revises 2019 GDP growth to 4.7 pct

KUALA LUMPUR, Dec 18 (Bernama) – The World Bank has revised its projection of Malaysia’s Gross Domestic Product (GDP) downwards by 0.2 percentage point to 4.7 per cent this year after taking into consideration the new government’s spending and investment plan as well as external factors.


IHH´s mandatory open offer for remaining 26 pct stake in Fortis halted

KUALA LUMPUR, Dec 18 (Bernama) -- IHH Healthcare Bhd’s mandatory open offer for the remaining 26 per cent stake in Fortis Healthcare Ltd, India’s second largest hospital network, has been halted.


Felda identifies 31 strategic initiatives for transformation plan

KUALA LUMPUR, Dec 18 (Bernama) -- The Federal Land Development Authority (Felda), which is undergoing a transformation plan, has identified 31 strategic initiatives to be implemented over three phases.


Foreign bond flows reverses in November to RM5.2 bln

KUALA LUMPUR, Dec 18 (Bernama) -- The foreign bond flows reversed in November to RM5.2 billion, leading to a month-on-month decline compared with RM7.8 billion in October, says RAM Rating Services Bhd.


Prasarana puts education top of agenda in 5-year plan

KUALA LUMPUR, Dec 18 (Bernama) — Prasarana Malaysia Bhd, the public transport infrastructure provider in the country, is putting its education programme as a main agenda item in its Five-Year Transformation Plan. 


Mastra supports NSPC's call on cabotage policy

KUALA LUMPUR, Dec 18 (Bernama) -- The Maritime Strategic Association of Malaysia (Mastra) is supporting the National Shipping and Port Council’s (NSPC) call for the government to withdraw the exemption of cabotage on transshipment of goods from ports in the Peninsula to Sabah, Sarawak and Labuan.