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Asia shares sideswiped by US economic jitters, oil slips

SYDNEY, Aug 4 — Asian share markets followed Wall Street lower today as fears for the US economy returned with a vengeance, spurring investors to price in an almost certain rate cut for September and undermining the dollar. Some early

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Ringgit opens stronger against dollar on soft US payrolls, Fed cut bets

KUALA LUMPUR, Aug 4 — The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.

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Thailand moves closer to introducing wealth tax with new asset tracking capabilities

BANGKOK, Jan 18 — Thailand is now closer to implementing a wealth tax, Finance Permanent Secretary Lavaron Sangsnit said today, citing recent developments that make it possible to track the assets of the country’s wealthiest individuals, even those held abroad.

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Absolut Bazaar x Festival Gaya Raya returns, with Media Prima as official media partner

KUALA LUMPUR: The annual Absolut Bazaar x Festival Gaya Raya (ABxFGR 2024) is back for the third year, and this time it visits two cities namely Johor Baru and Kuala Lumpur. Organised by My Events International and Absolut Events &

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Malaysia Showcases Its Best at the 10th Halal Expo Turkiye: A Global Triumph

PUTRAJAYA, Nov 14 ― Malaysia, renowned for its vibrant culture and diverse economic landscape, is taking the international stage at the 10th Halal Expo Turkiye. Organised by My Events International and in collaboration with MATRADE, the 4th-year Malaysia Showcase proved

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FedEx Wins Sustainability and CSR Award for Community Engagement Support in Malaysia

KUALA LUMPUR, Aug 18 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, has been honoured with the prestigious ‘Sustainability and CSR Malaysia Awards 2023’ in the category of

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Sabah earns RM6.22b from crude palm oil tax from 2018, among biggest earners for state coffers

KOTA KINABALU, Aug 8 — The Sabah state government said today it has collected some RM6.22 billion in sales tax from its crude palm oil industry from 2018 to this year. State finance assistant minister Datuk Julita Mojungki said the

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Batik Air to fly Kuala Lumpur-Istanbul route starting October

KUALA LUMPUR, Aug 6 — Batik Air has been selected as an operator for the Kuala-Lumpur–Istanbul Sabiha Gocken International Airport (KUL-ISG) flight route, with flights to commence in October this year, said Prime Minister Datuk Seri Anwar Ibrahim. In a

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Berjaya, Naza sue Putrajaya over aborted fleet supply job

KUALA LUMPUR, July 17 — Berjaya Corporation Bhd (BCorp) founder Tan Sri Vincent Tan said a joint venture firm between his company and Naza Corporation Holdings Sdn Bhd is suing the Ministry of Finance for withdrawing a letter of intent

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GLOBAL LEADERSHIP AWARDS 2022 RECOGNISES EXCEPTIONAL LEADERS

KUALA LUMPUR, July 13 — 12th  Global Leadership Awards 2022 (GLA’22) took place at the esteemed Mandarin Oriental Kuala Lumpur on 12th July 2023. The event celebrated exceptional leaders and achievers from various fields.  “GLA’22 is not only a platform

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