Daily Archives: January 13, 2020

Towards shared prosperity: Malaysia begins APEC host year in Putrajaya

KUALA LUMPUR, Malaysia starts host year in Putrajaya as media registration is open for the First APEC Senior Officials' Meeting (SOM1) and related meetings that will take place at the federal government's administrative centre from Feb 3-22, 2020.Close...

T7 Global bags 5-year contract from Repsol Oil and Gas

KUALA LUMPUR, Offshore oilfield service provider T7 Global Bhd's unit Tanjung Offshore Services Sdn Bhd has clinched a five-year contract from Repsol Oil and Gas Malaysia Ltd to provide maintenance, construction and modification services at two produ...

RM7 mln for dredging project at Melaka Marina Jetty – chief minister

MELAKA, The federal government disbursed funding of about RM7 million for the deepening and maintenance of the coastal seabed project at the Melaka Marina port jetty which has restarted operations in October last year.Melaka Chief Minister Adly Zahari ...

Malaysia’s shadow economy is 21 pct of GDP – Lim

GEORGE TOWN, Malaysia's shadow economy accounts for 21 per cent of gross domestic product (GDP) and amounts to an estimated RM300 billion, says Finance Minister Lim Guan Eng.He said the strong underground economy, which he attributed to illegal activit...

Bursa Malaysia KLCI index set to recover this year – Kenanga

KUALA LUMPUR, Bursa Malaysia FBM KLCI index has high potential to recover this year backed by strong gross domestic product outlook and better corporate earnings.Kenanga Investors Bhd's chief investment officer Lee Sook Yee said continuous reform and d...

Gibraltar BSN named Malaysias digital insurer of the year

KUALA LUMPUR, Gibraltar BSN Life Bhd was named Malaysia's Digital Insurer of the Year by regional insurance publication InsuranceAsia News during its annual InsuranceAsia News Awards for Excellence 2019.In a statement today, the insurance company attri...

Bursa unveils worlds first options contract on palm olein

KUALA LUMPUR, Bursa Malaysia Bhd has successfully launched the Options contract on US Dollar Denominated Refined, Bleached and Deodorised (RBD) Palm Olein Futures (OPOL), the world's first options contract on palm olein.Serving to complement the existi...

SOGO partners REVENUE Group on QR payment, nets acceptance

KUALA LUMPUR, SOGO (KL) Department Store Sdn Bhd (SOGO) has teamed up with cashless payment solutions provider REVENUE Group Bhd to provide Quick Response (QR) payment and NETS acceptance to shoppers.Under the collaboration, REVENUE will provide 200 sm...

Maxis, Huawei to explore, collaborate on TechCity Program in KL

KUALA LUMPUR, Maxis and Huawei Technologies Malaysia has recently inked a Memorandum of Understanding (MoU) to explore and collaborate on a TechCity Program in Kuala Lumpur.According to Huawei, both companies will work together to deliver 4G and 5G cap...