Category Archives: General

Federal govt never dictates how state govt should spend given allocations – Dr Mahathir

KUALA LUMPUR, The federal government has never dictated how state governments should spend the financial allocation provided to them, Prime Minister Tun Dr Mahathir Mohamad said.In fact, he said it was up to the state governments to decide on how

Highway users relieved over toll rate reduction

KUALA LUMPUR, Various quarters, especially highway users expressed relief over the government's decision not to sell the Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Berhad and to reduce the toll rates by 18 per cent.The decision has dampened rumours...

Apollo World Touring, Westbrook Inc power World Tour in iconic cities, come March

KUALA LUMPUR, Apollo World Touring, an independently financed entertainment company and Westbrook Inc will co-produce World Tour, a new multi-genre event-series, staged in the world's most iconic cities.The World Tour will kick off in Melbourne, Austra...

Pos Laju SendParcel offers deliveries to more than 200 countries

KUALA LUMPUR, Pos Malaysia Bhd's (Pos Malaysia) online shipping platform, Pos Laju SendParcel, is now offering deliveries to more than 200 countries, connecting local small and medium enterprises and eCommerce businesses with overseas markets.Supported...

Maybank IB upgrades construction sector to ‘positive’

KUALA LUMPUR, Maybank Investment Bank Bhd's research arm, Maybank IB Research has upgraded its view on Malaysia's construction sector to 'positive' on the expectation of a pick up in job awards this year.In a note today, Maybank IB anticipated the

Pakatan Harapan extends more help to opposition states – Lim

PUTRAJAYA, The Pakatan Harapan (PH) federal government has extended more help to the opposition-held states compared to the previous Barisan Nasional (BN) government, said Finance Minister Lim Guan Eng.He was responding to calls made by the Kelantan DA...

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...

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...

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 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...