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Halim Saad offers RM5.2 bln to acquire PLUS
PETALING JAYA: Prominent tycoon Tan Sri Halim Saad has made a lucrative bid to acquire the entire stake of Khazanah Nasional Berhad’s in PLUS Malaysia Berhad. In a letter dated Oct 11, addressed to Works Minister Baru Bian, the former
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Supreme Court of India Postpones Cryptocurrency Ban Hearing to November
The Supreme Court of India has postponed a hearing that would consider the Reserve Bank of India’s (RBI) ban on providing services to cryptocurrency-related business. In an Oct. 16 session on the ban that prohibits banks and financial institutions from providing digital currency-related services,
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Bitcoin (BTC) bulls surrender, more pain ahead
PUCHONG: The cryptocurrency market is in the tailspin. Bitcoin’s collapse below critical $8,000 triggered a host os sell-orders and affected the momentum of all major altcoins as well. At the time of writing, BTC/USD is changing hands at $7,970, down over 2% since the
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Dr M: Businesses should invest in R&D, review outdated practises
PETALING JAYA: There is a need for Malaysian businesses to change their business strategy to remain competitive, including focusing more on research and development (R&D), said Prime Minister Tun Dr Mahathir Mohamad. He noted that sometimes they are too operation-oriented
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Trade war rejuvenates ‘Silicon Valley’ firms in Malaysia
PENANG, Malaysia: Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an expansion, and picking and choosing orders. Lee
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‘Joker’ laughing all the way to the bank
‘Joker’ Stuns With $450+ Million Haul, Headed To $750+ Million Finish Warner Bros.’ super-villain origin film Joker is laughing all the way to the bank this weekend, as it blows past expectations (again) with a $60 million domestic tally and a strong
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Budget 2020: Massive allocation for education will spur talent
KUALA LUMPUR: Microsoft Malaysia sees the massive RM64 billion allocation for education under Budget 2020 is aimed as at developing future-ready local talent, while empowering education, skill and talent development to provide a solid foundation for the country’s economy. It
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Budget 2020: Developers should focus on affordable housing, says PAM
KUALA LUMPUR: Developers should never forget their duty in building affordable housing for the B40 and M40 segments despite the government’s move to reduce the price threshold for foreign buyers from RM 1 million to RM 600,000 to buy houses
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Budget 2020: Wealth creation opportunity for all, says Bursa Malaysia
KUALA LUMPUR: Budget 2020 offers a wide range of programmes and incentives to help ensure businesses and Malaysians from all walks of life have opportunities for wealth creation and well-being under Shared Prosperity Vision 2030, said Bursa Malaysia chief executive
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Widad offers RM3 bln to acquire PLUS Expressways
KUALA LUMPUR: Integrated facility management and construction outfit, Widad Business Group (WBG) has offered to buy the PLUS Expressways Bhd concessionaires by taking over 51% of the concessionaires owned by Khazanah Nasional Bhd for RM1.5 billion cash, or 100% of
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