Daily Archives: October 20, 2019

Young, Lively Workforce Key to Innovation, says Ctrip Chairman James Liang

WUZHEN, China, Oct. 20, 2019 (GLOBE NEWSWIRE) — James Liang, Co-Founder and Executive Chairman of Ctrip Group, today attended the 6th World Internet Conference in Wuzhen, where he stressed the importance of maintaining a young, skilled and entrepreneurial talent pool

Penang offers value for foreign E and E firms – Expert

KUALA LUMPUR, Penang, which is also known by its nickname Silicon Valley of the East, can offer more than enough value for international electric and electronics (E and E) industry players due to its existing infrastructure and ecosystem, says an

CIMB joins UN’s push to increase private sector investment for sustainable development

KUALA LUMPURCIMB Group Holdings Bhd, together with 29 other global business titans, have pledged to collaborate over the next two years to fulfil the objectives of the Global Investors for Sustainable Development (GISD) Alliance.In a statement, CIMB sa...

Foreign funds return to local market

KUALA LUMPUR, Foreign funds returned to the local equities market from Monday (Oct 14) to Thursday (Oct 17) as the British government and the European Union agreed to new terms for the country's exit from the bloc.Bank Islam Malaysia Bhd

ACCCIM to lead Malaysian delegation to WCEC in London

KUALA LUMPURThe Associated Chinese Chamber and Industry of Malaysia (ACCCIM) will be leading a local delegation comprising 101 Chinese businessmen to attend the 15th World Chinese Entrepreneurs Convention (WCEC) in London on Oct 21-23.In a statement, t...

2019 a watershed year for Labuan financial sector: DG

LABUAN, 2019 has been an eventful and watershed year considering the significant changes that have been implemented in the year, particularly the required changes to the Labuan Tax framework.These changes are critical in order for the Labuan Internatio...

Labuan FSA moves to liberalise relevant regulations

LABUAN, The Labuan Financial Services Authority (Labuan FSA) says it has taken steps to liberalise relevant regulations, such as those relating to marketing offices and work permits, to meet the requirements under the new Labuan tax framework.Director-...

Proton opens 3rd 3S outlet in Kota Kinabalu

KUALA LUMPUR, Proton has opened its third 3S (sales, service and spare parts) outlet in Kota Kinabalu, Shirba Auto World Sdn Bhd.In a statement, PROTON chief executive officer, Dr Li Chunrong said the initiatives put in place to revitalise the

RM10.6 million for three development projects in Muar – Mohamed Azmin

MUAR, The government has allocated RM10.6 million to finance three development projects in the Muar district in efforts to provide more comfortable facilities to meet the needs of the local population.Economic Affairs Minister Datuk Seri Mohamed Azmin ...

Target of RM2.5 mln in sales for DesaMall programme achievable – Rina

PUTRAJAYA, The Rural Development Ministry (KPLB) is confident that its sales target of RM2.5 million for the DesaMall@KPLB online sales programme by year-end is achievable.Its Minister Datuk Seri Rina Mohd Harun said this was after the company managing...