[ad_1] Prime Minister Muhyiddin Yassin at the virtual launch of the MalaysiaBiz portal today. (Photo by Bernama) PUTRAJAYA: Prime Minister Muhyiddin Yassin today launched the MalaysiaBiz portal, which serves as a one-stop center for facilitating online business registrations and license applications. He said the portal developed by Malaysia’s Administrative Modernization …
Read More »Sony closes Penang factory in effort to consolidate operations
[ad_1] Sony Corp has announced that it plans to close its Penang factory in Malaysia next year to consolidate its operations at its other plants for efficiency. The Perai factory, which has been in operation for 36 years, mainly produces home audio products, headphones and batteries. Some notable Sony products …
Read More »Proton X50 now available on Flux – Flagship and Premium, subscription starts from RM2k per month
[ad_1] The few Proton X50s you’ve seen on the road belong to proud early risers. There’s surely a backlog of orders, as Proton is a bit far from fulfilling orders: In November, the automaker delivered 1,756 units of the new SUV, with total deliveries since launching 2,203 units in late …
Read More »IOI Properties receives an inquiry from UMA about the sharp rise in share price and volume
[ad_1] KUALA LUMPUR (Dec 7): IOI Properties Group Bhd, whose share price nearly hit the cap today as it soared to a two-year high, has received an Unusual Market Activity (UMA) inquiry from Bursa Malaysia. Shares of IOI Properties rose 29.55% or 39 sen to close at RM 1.71, after …
Read More »Tropicana CEO Resigns As Bursa Asks Group About Buying Top Glove Stock
[ad_1] KUALA LUMPUR (Dec 7): Tropicana Corp Bhd today announced a couple of boardroom changes, including the resignation of an independent director and the reassignment of one to a senior independent director position, while the company was asked to justify its recent acquisitions of RM78. 47 million in shares of …
Read More »Two more companies join the vaccine distribution club
[ad_1] KUALA LUMPUR (December 7): My EG Services Bhd (MyEG) and Yong Tai Bhd have become the latest two companies to jump on the vaccine distribution train. MyEG announced today that it has signed a memorandum of understanding (MoU) with Anhui Zhifei Longcom Biopharmaceutical Co Ltd (Zhifei) to obtain Malaysian …
Read More »IOI Properties Group Price Increase Generates Inquiry In Bursa
[ad_1] KUALA LUMPUR: IOI Properties Group Bhd, whose stock price rose to a two-year high of RM 1.71 in active trading on Monday, had prompted a query from the regulator, Bursa Malaysia Securities. The low-key real estate developer, in which IOI Corporation Bhd is its main shareholder, saw its share …
Read More »Paul Scholes hangs carrot from Liverpool to Wijnaldum amid Barcelona links
[ad_1] Paul Scholes claims that Georginio Wijnaldum would be making a mistake by leaving Liverpool for Barcelona after stating his belief that Jurgen Klopp’s team will win the Premier League title again this season. Wijnaldum is in the final year of his contract at Anfield, where he has been since …
Read More »Allow vaccinated travelers to enter without quarantine, says Najib
[ad_1] Najib Razak says Malaysia can become the first country to open its borders without having to quarantine visitors. PETALING JAYA: Former Prime Minister Najib Razak has asked Putrajaya to allow travelers who have already received the Covid-19 vaccine to enter Malaysia without having to self-quarantine. In a Facebook post, …
Read More »Government debt, passive exposures at RM1,257 trillion at the end of September
[ad_1] KUALA LUMPUR: The government’s total debt and passive exposures are estimated at RM1,257 trillion, or 87.3% of Gross Domestic Product (GDP), as of the end of September 2020, said II Deputy Finance Minister Mohd Shahar Abdullah. Federal debt at the end of September stood at RM 874.3 billion, or …
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