Wednesday, July 15, 2020
The 13th General Election results are expected to yield positive sentiment on high-beta property stocks, said RHB Research. The conclusion of the general election had at least provided a clear visibility for the property sector, it said in a note. "The positive sentiment arising from the election outcome is likely to...
Malayan Banking Bhd (Maybank) has become the first Malaysian bank to enter into the world's top 20 strongest banks based on a financial evaluation undertaken by 'Bloomberg Markets' magazine. Maybank was ranked 13th in the elite global group of banks of assets of over US$100 billion based on, among other...
Foreign investors have faith in the Malaysians' choice of government and hope the soon-to-be-elected government will maintain business-friendly policies, a foreign investor said. President of German-based Pintsch Bubenzer Gmbh, Markus Topp, said he would like to see a continuity in the government policies after the general elections and hoped there...
The Selangor Halal Hub in Pulau Indah, developed by Central Spectrum (M) Sdn Bhd, a subsidiary of Kumpulan Hartanah Selangor Bhd, has evolved to become a fully-integrated development for high-technology and modern manufacturing activities for halal products. Central Spectrum chairman, Raja Idris Raja Kamaruddin, said although a big chunk of...
USAINS Infotech Sdn Bhd – Center of Excellence for Electrical and Electronics honoured 50 of its graduates today, in the fields of Northern Corridor Analogue and Digital Design (NCADD) and Masters in Electronic Systems Design Engineering (MSc ESDE) programs. The Northern Corridor Analogue and Digital Design (NCADD) is an 18-month...
Malaysia ranks highly among developing countries for showing institutional strength which covers areas such as political stability and better bureaucracy in the International Monetary Fund (IMF)'s index. The index measures institutional strength ranging from zero to 100, with higher scores indicating better political stability, better bureaucracy, fewer conflicts and less...

Boost for HDB Shops

The Housing & Development Board (HDB) is setting aside some S$1.5 million to assist 3,000 shops island-wide enhance their business vibrancy and competitiveness. This is the fifth batch of shops to benefit from the HDB's Revitalisation of Shops Scheme, which was rolled out in response to the numerous requests...
According to the Grant Thornton International Business Report, 62 per cent of businesses in Malaysia are facing difficulties in sourcing skilled workers. This is ahead of Singapore, which sits at 61 per cent, a figure well above the global average of 39 per cent. The survey also revealed that in...

KLIA Wins Award

The Kuala Lumpur International Airport (KLIA) won the World's Best Airport Immigration Service award at the 2013 Skytrax World Airport Award in Geneva recently. The award was held in conjunction with the Passenger Terminal expo. Datuk Azmi Murad, who is Senior General Manager of Operations Services of Malaysia Airports Holdings...
Figures released by the Economic Development Board showed Singapore's industrial production being contracted at a slower pace in March, with manufacturing output falling 4.1 per cent on-year, down from the re-stated 16.3 per cent contraction in February. Industrial production jumped 6.2 per cent in March on a month-on-month basis, compared...
In order to achieve the country's aspiration to become a developed nation by 2020, Malaysians need to bolster the culture of science innovation. Science innovation, particularly in economy, has to be viewed in the broader context, according to former International Trade and Industry Minister Tan Sri Rafidah Aziz. During the Science...

Bandar Malaysia Project

A global team to partner with local planners has been appointed by 1Malaysia Development Bhd (1MDB) to create a game-changing master plan for Bandar Malaysia. In a statement released, 1MDB said the team will be led by master-planner Broadway Malyan (BM) and supported by design and engineering teams from...

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