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S. Korea to invest US$2.3 bln to develop drones for military use
SEOUL: South Korea plans to invest 2.7 trillion won (US$2.3 billion) in the next 10 years to develop drones for military use, the arms procurement agency said Tuesday. Under the plan, the country will develop various drones to carry out
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Microsoft says ByteDance refused to sell it TikTok’s US operations
MOSCOW: ByteDance, the Chinese parent company of video-sharing app TikTok, will not be selling parts of TikTok’s operations to Microsoft, reported Sputnik news agency. “ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft. We
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TPM, TDMY to engage with drone industry on technical, commercial readiness
KUALA LUMPUR: Technology Park Malaysia Corp Sdn Bhd (TPM) has collaborated with Terra Drone Technology Malaysia (TDMY) to engage with over 10 drone industry players on the subject of technical and commercial readiness. Acting chief executive officer Sharbani Harun said the collaboration
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Govt will not impose Vacancy Tax for unsold high-end units
KUALA LUMPUR: The widely debated Vacancy Tax on unsold high-end properties will likely not be imposed next year as it is still being reviewed by the Housing and Local Government Ministry (KPKT). Minister Zuraida Kamaruddin said the proposed tax, which
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Vonage Convo Virtual to showcase programmable communications solutions
KUALA LUMPUR: Global leader in cloud communications, Vonage will host a Vonage Convo Virtual event on Sept 17, for businesses across a range of industries including healthcare, education, finance, retail, logistics and manufacturing. Vonage Convo will allow businesses to connect,
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Perak to implement urban fisheries project
IPOH: The Perak government is planning to carry out urban fisheries project in an area covering 110 hectares in the districts of Kinta and Kampar for the benefit of 11 fishing communities. State Agriculture, Fisheries, Plantation and Food Security Committee chairman Datuk Abdul Yunus
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Thailand approves employment plans for new graduates
BANGKOK: Thailand’s cabinet has approved plans to create 260,000 jobs for new graduates in one of the latest measures to cushion the COVID-19 economic impact. Prime Minister General Prayuth Chan o-cha on Tuesday said one of the plans will involve the
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Aquaculture company invests RM2 mln in Langkawi Cage Culture
LANGKAWI: FMR Agro Aqua Culture Sdn Bhd will invest RM2 million in a hybrid grouper and redfish farming project at the marine culture system site at Menghulu river here. Its managing director, Faizal Mohd Ross said the investment covers the process of rehabilitating the existing enclosure stretching 2.5
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MyGroser joins government’s PENJANA e-Commerce initiatives
KUALA LUMPUR: MyGroser has partnered with Malaysia Digital Economy Corporation (MDEC) to extend its e-commerce offerings to the PENJANA Shop Malaysia Online initiative and the PENJANA micro, small and medium-sized enterprises (MSMEs) e-Commerce Campaign until Sept 30, 2020. In a statement
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Mustapa: Only 48.48 pct of allocation for govt’s development projects utilised
KUALA LUMPUR: Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said only 48.48 per cent or RM33.4 billion of the allocation for government development projects has been spent as at Aug 26, 2020. He noted that the amount spent
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