Kuala lumpur: The government is developing a formula that is fair in calculating the open market value (OMV) or prices of locally assembled completely knocked down (CKD) vehicles in Malaysia. The formula – the PU(A) 402/2019 – and the New Customised I…
Kuala lumpur: Ajinomoto (Malaysia) Bhd’s (AMB) board of directors has resolved to table the selective capital reduction and repayment (SCR) exercise proposed by controlling shareholder Ajinomoto Co, Inc (Ajico) to disinterested shareholders at an extr…
Kuala lumpur: A total of 98 per cent of Malaysian respondents described themselves as frequent users of digital services, cementing the nation’s status as a digital-first nation, according to IDEMIA Group’s IDEMIA Secure Transactions (IST) study.
A…
Kuala lumpur: Lembaga Tabung Haji (TH) is in a much stronger financial position now compared with 2018 following continuous recovery and restructuring efforts. In a statement today, the pilgrims’ fund board said the stronger position is reflected in i…
Kuala lumpur: The East Coast Rail Link (ECRL) project is projected to generate between RM80 and RM90 billion in cumulative value-added contribution to Malaysia’s gross domestic product (GDP) by 2047. Deputy Economy Minister Datuk Mohd Shahar Abdullah …
Selangor: Yayasan Hijrah Selangor (Hijrah Selangor) has shortened the approval period for microfinancing of up to RM10,000 to 48 hours from the previous 14 to 21 days. Selangor Menteri Besar Datuk Seri Amirudin Shari announced that the introduction of…