Thursday, June 17, 2021
Ata Plus Sdn Bhd has announced the appointment of Karen Puah as its new Chief Operating Officer today. Puah will be heading the new role of COO at the equity crowdfunding (ECF) platform, in line with its expansion plans and division of roles among its top leadership. According to Elain Lockman,...
Malaysian corporate earnings got off to a mixed start in 2021, but on the bright side, the overall market performance confirmed that the worst is over. Positive earnings surprises in the first quarter of 2021 mostly came from sectors such as banking, building materials and plantation, according to analysts. Technology...
Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan's economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain's joining process after hosting...
Top Glove Corporation's plan to list in Hong Kong and raise up to US$1 billion has been delayed as the world's largest rubber glove maker seeks to resolve a US import ban on its products, sources with direct knowledge of the matter said. The Malaysian firm, which is already listed...
Malaysian Prime Minister Muhyiddin Yassin on Monday announced an additional 40 billion ringgit (US$9.7 billion) stimulus package, ahead of the imposition of stricter lockdown measures to curb the rapid spread of Covid-19. The Southeast Asian nation is seeing a surge in coronavirus infections, with the number of new daily cases greater than India’s...
Malaysian stocks tumbled and the ringgit weakened after the government imposed a two-week nationwide lockdown to curb a relentless surge in Covid-19 infections. The FTSE Bursa Malaysia KLCI Index slumped as much as 1.6% on Monday, the most since March 31. The ringgit slid as much as 0.4% to 4.1480...
Malaysia has announced that it will go into full lockdown for a fortnight, following a surge in COVID-19 cases. The total lockdown under the Movement Control Order (MCO) will begin on 1 June until 14 June. All economic sectors will not be allowed to operate, except essential economic and service...
Malaysia, an economy tipped to reach high income status by 2024. Historically a commodity exporter, Malaysia's economy is now a manufacturing hub. Though, how did Malaysia's economy get to this stage. Why has it been stuck in the middle income trap for so long and what could be the solution? To...
The Malaysian government has tightened its movement control order (MCO) as cases reach all-time highs. Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob has announced that 80 percent of government staff and 40 percent of the private sector will work from home. this will involve 750,000 government staff and about...
Since the newly developed Hotspot Identification for Dynamic Engagement (HIDE) system was introduced, several bodies have urged the Government to improve on its implementation and data collection methods. In a joint statement, the Malaysia Shopping Malls Association, Malaysia Retailers Association (MRA), and Malaysia Retail Chain Association (MRCA) said the Science,...
70 percent of businesses in Malaysia plan to make COVID-19 vaccinations mandatory for their staff, a new survey has found. HR tech firm Employment Hero conducted a survey of more than 1000 Malaysian employers examining the impact of COVID-19 on business owners and employees. Of all the countries surveyed on the...
Said to be one of the most significant endeavors that Microsoft has embarked on in Malaysia since establishing its operation here in 1992, the company today has unveiled its new Bersama Malaysia initiative. Involving an investment of USD 1 billion (RM 4.1 billion) over the next 5 years, the initiative will also include...

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