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Lim: Govt ready to stimulate economy if the need arises
KUALA LUMPUR: The government is ready to step in with a stimulus package if the need arises, although it is too early to assess the impact of the 2019 novel coronavirus on the economy, Finance Minister Lim Guan Eng (pix) said today. At
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Japan’s quick action on Tun Mahathir’s request for joint oil spill response
KUALA LUMPUR, Jan 30 — Japan has taken quick action on a request by Prime Minister Tun Dr Mahathir Mohamad to his Japanese counterpart Shinzo Abe for joint collaboration between the two countries in oil spill response, especially in the
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Empowered entrepreneurs can help achieve SSL in fresh milk production
KUALA LUMPUR: The local dairy industry has the potential to grow if existing industry players are further empowered, thus increasing domestic fresh milk production. More importantly, it can reduce dependence on foreign products and reduce imports, hence helping the government
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Closure of MAPS: 265 employees to get compensation
IPOH: The 265 permanent and contract employees of Movie Animation Park Studios (MAPS) which closed down starting yesterday, will be given due compensation in accordance with the Employment Act 1955. According to a joint statement by directors of Syarikat Animation
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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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