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KTMB eyes 30 pct income contribution from non-fare segments in 2030
KUALA LUMPUR: Rail operator Keretapi Tanah Melayu Bhd (KTMB) says it targets to raise the contribution from the non-fare segments to 30 per cent of total income in 2030 from just three per cent currently. Chief executive officer (CEO) Datuk
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Pos Malaysia to return to profitability near term after rate hike
KUALA LUMPUR: Pos Malaysia Bhd is expected to post a turnaround and return to profitability in the near term after announcing the hike of its postage rates, RHB Investment Bank said. The postal group in an announcement yesterday stated the
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Proton-packed Geely takes on Honda and Toyota in Southeast Asia
KUALA LUMPUR: Li Chunrong was hired by Chinese automaker Geely to revive the fortunes of the Proton brand in Malaysia, and it took him two years to eclipse Japanese giants Honda and Toyota. Now he plans to take the fight
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Bank Islam reduces rates by 25 basis points
KUALA LUMPUR: Bank Islam Malaysia Bhd will revise its Base Rate (BR) and Base Financing Rate (BFR) following Bank Negara Malaysia´s (BNM) decision to reduce the Overnight Policy Rates (OPR) by 25 basis points to 2.75% from three per cent.
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E-Tunai Rakyat: Is our data really protected, Mr Minister?
Electronic wallets (e-wallets) are a relatively new concept in Malaysia but in an increasingly digital society, its daily prevalence is inevitable. The question is, are we ready to sell our private data to unknown entities? As the popularity of e-wallets rises,
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Climate change pushes investors to take their temperature
Move over revenue growth and dividend payouts: it’s time to take your portfolio’s temperature. Policymakers are pushing investors to do more to ensure their portfolio choices help to meet the 2015 Paris Agreement to combat climate change by limiting planetary
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Samsung appoints new mobile chief as Huawei chips away at market share
Samsung Electronics Co Ltd today named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd. The South Korean
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Trump promises farmers that China trade deal to be good for them
US President Donald Trump sought yesterday to assure American farmers and ranchers hit by a protracted tariff war with China that a trade agreement he signed with Beijing will lead to major purchases of US agricultural products. Trump’s remarks in
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PMO: PLUS to slash toll rates in Feb but concession period extended for 20 years
PUCHONG: All highways owned by the North-South Expressway (PLUS) will reduce its toll rates by 18%, starting Feb 1. In a statement today, the Prime Minister’s Office (PMO) said the decision to reduce the toll rates was made in a
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E-Tunai: RM18.8 million spent in less than 48 hours
PUTRAJAYA: Within less than 48 hours since the commencement of the e-Tunai Rakyat programme, RM18.8 million has been spent, said Finance Minister Lim Guan Eng. The programme saw an impressive uptake by Malaysians, receiving 784,000 applications as of 10pm last
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