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Business

Lynas Malaysia Obtains Full Government Support, Sees Bright Future

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Today, Lynas Corporation Ltd's CEO, Amanda Lacaze, expressed optimism about the company's future in Malaysia following full government approval for its rare earth plant...
Finance & Economy

Malaysia’s LI Sustains Positive Trajectory With 3.8% In May 2024, Indicating A Resilient Economy

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The Leading Index (LI) rose by 3.8% to reach 114.2 points in May 2024, up from 110.0 points in the same month the previous...
Finance

Malaysia’s Nominal GDP Reaches RM1.8 Trillion In 2023 With Compensation Of Employees Marked At 33.1%: DOSM

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Malaysia’s nominal GDP amounting to RM1.8 trillion in 2023, grew 1.6 per cent as compared to 15.8 per cent in the previous year. Despite...
Markets

Upcoming CPI Could Better Capture Diesel Impact: CGS

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Inflation in Malaysia remained steady in June 2024, with the Consumer Price Index (CPI) maintaining a year-on-year increase of 2.0%, consistent with the previous...
Global

Indonesia Launches ‘Golden Visa’ To Lure Foreign Investors, Boost Economy

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Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to USD10 million...
Business

SABC 2024, SPARK 2024 Kicks-Off First Series Of Selangor International Business Summit

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The Selangor International Business Summit (SIBS) 2024 has officially kicked off today, marking the start of its first series with the Selangor ASEAN Business...
News

MELP Emboldens Efficient Energy Transition Among Malaysians

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The Malaysian community is being encouraged to become energy-efficient consumers through the Malaysia Energy Literacy Program (MELP), aiming for everyone to play a role...
Markets

BAT Shows Resilience Amidst Market Challenges: CGS Says

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British American Tobacco (BAT) reported a mixed performance in the first half of fiscal year 2024, with its core net profit slightly below market...
Markets

Sik Cheong Continuing Vital Staples For The Masses, Targets Robust Growth

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With a legacy spanning over three decades, Sik Cheong Berhad (SCB) has entrenched itself in the repackaging, marketing, and distribution of RBD palm olein...
Opinions

Circular Economy: A Roadmap For Sustainable Material Use

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In our relentless march of progress, we have adhered to a model of "take, make, dispose." This linear path has led us to an...
News

Robust Selangor To Capitalise On ASEAN’s Economic Opportunities Ahead Of Malaysia’s Chairmanship In 2025: Tengku Zafrul

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In anticipation of Malaysia's upcoming ASEAN Chairmanship in 2025, the 8th Selangor ASEAN Business Conference (SABC) 2024 convened to underscore the strategic role of...
Editor's Choice

Enhancing Corporate Governance In Malaysia Via The Boardroom: An ICDM View

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A key role played by any Board of Directors is to continuously take stock of their effectiveness and honestly evaluate themselves to identify where...
Finance & Economy

Some 3.8 Million EPF Members Opted To Transfer RM12.6 Billion To Their Flexible Account Till July 19

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The primary objective of the EPF Account Restructuring is to ensure sustainable financial well-being during retirement while balancing current member needs. This initiative aims...
News

Fadillah: Enforcement Of EECA Projected To Save About 2,017 Million GJ, RM97.1 Billion In Energy Cost

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The long-term vision for the country's energy transition in the electricity supply sector is based on the implementation of the National Energy Transition Roadmap...
Global

Oil Prices Dip As Demand Jitters Persist; U.S. GDP, Inflation Awaited

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Oil prices fell in Asian trade on Thursday as sentiment towards top crude importer China showed little signs of improvement, while focus turned to...
Global

China Unexpectedly Cuts One-Year Policy Rate By Most Since 2020

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The People’s Bank of China unexpectedly lowered the rate on its one-year policy loans by the most since April 2020 days after cutting a...
Global

Tech Slump Knocks Asia Shares, Yen Towers At 2-1/2-Month Peak

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Asian shares were hammered on Thursday as a slump in global tech stocks sent investors fleeing into less risky assets, including short-dated bonds, the...
Business

Ramssol’s PAT Grows 104.6% To RM8.45M On High-Margin Projects, HCM License Distributorship

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Ramssol Group Berhad’s (Ramssol) profit before tax (PBT) rose 127.5% to RM9.42 million for 1HFY24 which was a significant increase of compared to RM4.14...
Business

Malaysia To Benefit From Data Centre Demand Spillover

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Moody's Ratings highlighted Malaysia's emerging prominence in the data centre industry, spurred by increased investment following Singapore's moratorium on new data centre construction and...
Business

Airasia X Flies 42% More Passengers In 2Q

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AirAsia X Bhd experienced significant growth in the second quarter of 2024, carrying 880,265 passengers, marking a substantial 42% year-on-year increase. This growth outpaced the...
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