Category Archives: Business

Sarawak delegation courts German investors

COLOGNE, Oct 13A delegation from Sarawak attended the recently concluded ANUGA Food Fair 2019 and visited several German companies here.Led by Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, the delegation's presence was in support of Sarawaki...

Incentives to move into automation will boost confidence in automation investmentMARii

KUALA LUMPUR, Oct 13The proposed incentives for automation announced in the 2020 Budget will help boost business confidence in automation investments, as it demonstrates a stronger commitment from the government in developing the fourth industrial revo...

Fastroll Labels aims to further expand market in Asia

KUALA LUMPUR, Oct 13Fastroll Labels (M) Sdn Bhd, which designs and manufactures a wide variety of labels and stickers, is targeting to further expand its Asian market next year.The company has been printing custom labels for practically any market for

Universiti Malaysia Kelantan in partnership to commercialise charcoal-based product

KOTA BHARU, Oct 13Universiti Malaysia Kelantan (UMK) is collaborating with I Medikel Cosmeceutical (M) Sdn Bhd in developing a charcoal-based active ingredient variant that can be used in personal care or cosmetic products.The research product, enriche...

MATRADE urges SMEs, mid-tier firms to leverage on export perks in 2020 Budget

KUALA LUMPUR, Oct 13 The Malaysia External Trade Development Corporation (MATRADE) has urged Malaysian small and medium enterprises (SMEs) as well as mid-tier companies to fully leverage on the perks announced in the 2020 Budget by incorporating an

AirAsia bags top low-cost carrier awards at the World Travel Awards Asia and Oceania 2019

KUALA LUMPUR, Oct 13Low cost carrier, AirAsia, has been named Asia's Leading Low-Cost Airline and Asia's Leading Low-Cost Airline Cabin Crew at the World Travel Awards Asia and Oceania 2019.AirAsia in a statement today said the airline emerged as winne...

Tune Hotel klia2 bags Asias Leading Airport Hotel 2019

KUALA LUMPUR, Oct 13Tune Hotel klia2 was named Asia's Leading Airport Hotel 2019 at the 2019 World Travel Awards ceremony held in Vietnam.Tune Hotels in a statement today said the hotel edged out a few of the region's strongest contenders

Alibaba launches Malaysia Finals for Create@Contest

KUALA LUMPUR, Oct 13Global e-commerce giant, Alibaba Group Holding Ltd, has launched the Malaysia Finals for its inaugural Create@Alibaba Cloud Startup Contest (Create@Contest).Chief coordinator Kim Tan said the contest offered a chance for Malaysia to...

World Bank says 2020 budget is prudent balance towards preserving fiscal sustainability

KUALA LUMPUR, The 2020 Budget represents a prudent balance between the competing needs for Malaysia to preserve fiscal sustainability, while also responding to the realities of a slowing economic environment, The World Bank Group said.Proposals to refo...

2020 budget assumes a more realistic oil price – OCBC

KUALA LUMPUR, The 2020 Budget has assumed a much more realistic Brent crude price of US$62 per barrel, compared to US$72 previously, said OCBC Bank (Malaysia) Bhd.Its chief economist Selena Ling said petroleum revenue was slated to reach RM50.5 billion...