GDP Expands, Madani Rice Not Approved, IRB’s 3 Principles, Millennials Obsession Take Up Key Headlines 

Malaysia’s Q4 GDP Expands By 3%, Caps 2023 At A Respectable 3.7% Growth

The Central Bank released the most anticipated quarterly GDP figures today, indicating that the Malaysian economy had expanded by 3% in the fourth quarter of 2023(3Q 2023: 3.3%; 2Q 2023: 2.9%) with household spending remained supported by improving labour market conditions and easing cost pressures.

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Cabinet Does Not Approve Of Malaysia Madani White Rice As Yet

The new Malaysia Madani white rice will need prior Cabinet approval, said Agriculture and Food Security Ministry secretary-general Datuk Lokman Hakim Ali. He added that Cabinet approval is necessary in this matter as local white rice is a controlled food item.

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KPJ Healthcare Joins World Renown Mayo Clinic Care Network

KPJ Healthcare Berhad has announced a collaboration with Mayo Clinic through its two specialist hospitals; KPJ Damansara Specialist Hospital and Damansara Specialist Hospital 2 marking the first entry into the Mayo Clinic Care Network.

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Three Principles Enforced To Ensure Taxpayers Fulfil Responsibilities, Uplift National Revenue, Says New IRB CEO

The Inland Revenue Board (IRB) will uphold and enforce three principles to improve the relationship between taxpayers and tax administrators, namely transparency, accountability and trust.

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KWAP Makes First Startup Investment In Bateriku,  Lapasar And 2 VCs

Kumpulan Wang Persaraan has announced the first batch of investments made under its Dana Perintis strategy, amounting to RM100 million which comprises of two direct investments in Malaysian startups and two Venture Capital (VC) fund commitments.

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Maybank, TM Launches Go Niaga To Offer Financial Services For MSMEs

Maybank Islamic and Unifi Business, TM’s digital business solutions arm, have launched their inaugural ‘Go Niaga’ mobile business banking bundle. This collaboration aims to deliver the country’s first Islamic Banking as a Service (BaaS) solution powered by 5G, catering to consumers and micro, small, and medium enterprises (MSMEs).

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Fake it until you make it’: Millennials are obsessed with looking rich

Inflation has prompted even wealthy Americans to curb their spending habits But affluent millennials still feel pressured to spend to show they’re successful, a recent survey finds. To build true wealth, experts say they may want to reframe their thinking.

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Green Investment, Key In Achieving Malaysia’s Energy Transition Targets

Malaysia has set clear targets towards achieving net zero carbon emissions as early as the year 2050, as outlined under the Transition Roadmap Energy (NETR) and New Industrial Master Plan 2030 (NIMP).

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Top Glove Enters S&P Global Sustainability Yearbook For Third Year

Top Glove Corporation has announced on its inclusion in the esteemed S&P Global Sustainability Yearbook 2024 for the third year in a row.

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What’s Next For Gamuda? Data Centre Projects

RHB said  it recently visited Gamuda’s industrial building system (IBS) plant located in Banting and came away feeling upbeat on the prospects the group has for its IBS products.

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Awantec Secures RM294 Million Deal From RedTone For The MyGovUC 3.0

AwanBiru Technology Berhad has officially entered into a service agreement with Redtone Engineering & Network Services Sdn Bhd (Redtone) as the sole Managed Service Provider (MSP) for Google Cloud in Malaysia under the government’s Cloud Framework Agreement (CFA).

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