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MITI asks businesses get ready for great reset to prepare for new normal

KUALA LUMPUR: The Ministry of International Trade and Industry (MITI) has called for a great reset for businesses to quickly redeploy talent, launch new business models, enhance productivity, and develop more medium and long-term strategies to prepare the semiconductor industry for

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VP Harris and Indian Prime Minister Modi meet as U.S. eyes Asia

WASHINGTON: U.S. Vice President Kamala Harris met India’s Prime Minister Narendra Modi on Thursday and stressed the importance of a free and open Indo-Pacific region at a time when the United States is trying to solidify its pivot toward Asia

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Azmin: Malaysia remains a preferred hub for global manufacturers

KUALA LUMPUR: The move by Tokyo Stock Exchange-listed Taiyo Yuden Co Ltd’s subsidiary, Taiyo Yuden (Sarawak) Sdn Bhd to expand its multilayer ceramic capacitors manufacturing facility in Kuching is a testament to Malaysia being a preferred hub for global manufacturers.

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Malaysia’s Top Glove quarterly earnings plunge 48 pct on slower sales

KUALA LUMPUR: Malaysia’s Top Glove Corp Bhd posted on Friday a 48% drop in its fourth-quarter earnings as the steady rollout of vaccines worldwide pulled down the demand for gloves. The world’s largest medical glove maker recorded a net profit of

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Ismail Sabri Announces Revenue-Oriented Cabinet line-up

PUTRAJAYA: Prime Minister Datuk Seri Ismail Sabri Yaakob(pix) today announced the list of his Revenue-Oriented Cabinet line-up which he described as a management team that will work with the people. Announcing the line-up at Perdana Putra, he said he formed the

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Now is the time to kick-start the economy – Economist

KUALA LUMPUR: As the political instability in the country has been addressed, and the vaccination rate is rising, the main focus now is to kick-start the economy and reopen more sectors to ensure businesses especially small and medium enterprises (SMEs) can

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‘I did my job to the best of my ability’ — Tengku Zafrul

KUALA LUMPUR: Tengku Datuk Seri Zafrul Abdul Aziz (pix) said his 18-month tenure as Finance Minister was the biggest honour and privilege for him to serve the country. “I did my job to the best of my ability and history

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Malaysian ringgit falls to one-year low as PM resignation looms

SINGAPORE: The Malaysian ringgit fell to a one-year low on Monday and stocks in Kuala Lumpur slipped as an expectation that the Prime Minister will resign turned investors cautious. Malaysian Prime Minister Muhyiddin Yassin is expected to step down on Monday,

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Wan Junaidi: Relaxation for fully vaccinated individuals may boost business sector

KUALA LUMPUR: It is hoped that the easing of certain restrictions for fully vaccinated individuals can help to revitalise the business sector in these challenging times, said Entrepreneur Developmemt and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. He

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Malaysia facing challenges maintaining economic recovery momentum

KUALA LUMPUR: Malaysia’s economy is expected to face challenges in maintaining its recovery momentum amidst the continuous Covid-19 outbreak, said the Department of the Statistics (DOSM) today. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin  said it has been an uphill battle

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