1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim highlighted that the rise in Malaysia’s equity market capitalisation this year, which has surpassed RM2 trillion, is further evidence of Malaysia's economic recovery.
1y ago
From Zarul Effendi Razali
DUBAI, Nov 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) and Export-Import Bank of Malaysia Bhd (EXIM Bank) have signed a memorandum of understanding (MoU) aimed at strengthening trade promotion collaboration on the basis of equality and mutual benefit.
1y ago
GEORGE TOWN, Nov 20 (Bernama) -- Malaysian property developer, Eastern & Oriental Bhd (E&O) has unveiled its masterplan for its Andaman Island development project, with a gross development value (GDV) of RM60 billion.
1y ago
By Zarul Effendi Razali
DUBAI, Nov 19 (Bernama) -- Callabio Manufacturing Sdn Bhd, a “coffee syrup” manufacturing company based in Malaysia, expects potential sales of more than RM50 million through the International Sourcing Programme (INSP) taking place at the MIHAS@Dubai 2024 exhibition.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- TCS Group Holdings Bhd's wholly-owned subsidiary, TCS Construction Sdn Bhd (TCSC), has secured a RM611.30 million contract from Sabah Public Works Department for the construction of the Pan Borneo Sabah Highway Phase 1B.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Binastra Corporation Bhd’s wholly owned subsidiary, Binastra Builders Sdn Bhd has secured a RM256.5 million contract from Exsim Jalil Link Sdn Bhd for mechanical and electrical (M&E) fit-out works.
1y ago
GEORGE TOWN, Nov 19 (Bernama) -- Penang’s tourism sector is set to receive a significant boost with the announcement of a new daily direct flight between Chennai, India and Penang by IndiGo Airlines, said Penang State Tourism and Creative Economy Committee (Petace) chairman Wong Hon Wai.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.
1y ago
KUALA KANGSAR, Nov 19 (Bernama) -- Palm oil mills in the country have been urged to use artificial intelligence (AI) technology for palm oil processing, thus reducing cost and increasing revenue.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has recorded over RM300 million in trade prospects at the 7th China International Import Expo (CIIE) in Shanghai, exceeding its initial target of RM160 million.