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Cagamas issues RM300 million Conventional Commercial Papers
KUALA LUMPUR: National mortgage corporation, Cagamas Bhd, today announced the issuance of an RM300 million three-month Conventional Commercial Papers (CCP) to fund the purchase of housing loans from the financial system. In a statement today, it said with the issuance
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Darell: MITI committed to luring quality investments
KUALA LUMPUR: A year has almost passed since last May’s watershed general election which saw a historic change, not only in government but Malaysia’s entire political landscape which also steered the country’s economy in a different direction. Malaysians are confident
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Tony Pua: Malaysia’s current account balance remain in surplus
KUALA LUMPUR: Malaysia’s current account balance will remain in surplus for 2019 and the economy is not experiencing a current account deficit, says political secretary to the Finance Minister Tony Pua. Pua today issued a statement in response to a
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Columbia Asia launches app to boost its health services
PUCHONG: Columbia Asia Hospital, one of the largest and fastest- growing healthcare companies in Asia launched its official mobile app aimed to enhance their service offerings to patients. The patient focused application enables functions such as booking and managing of
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Zaid: ‘Bullish asset sales in 6 months, not fulfilling manifesto promises’
PUCHONG: Former Pakatan Harapan ally turned critic Datuk Zaid Ibrahim poured cold water over the time frame suggested by the Council of Eminent Persons chairman Tun Daim Zainuddin that is necessary for Pakatan Harapan to fulfill its promises as stated
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Aircraft disposal allows AirAsia to focus on digital business
KUALA LUMPUR: AirAsia Group Bhd’s decision to sell 25 of its aircraft to US-based global private investment firm Castlelake LP, is part of the group’s plan to focus on its digital business. Chief executive officer Tan Sri Tony Fernandes said
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Add on baggage rates still the same, says MAS, contrary to viralled info
PUCHONG: Malaysian Airlines (MAS) yesterday said that a list of rates for its add on baggage viralled on social media is incorrect. MAS in a statement said that their extra baggage (prepaid) rates were still bench marked with the industry
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Chinese businesses cautious as Mahathir, Beijing move ahead on ECRL
KUALA LUMPUR: Malaysia’s relationship with China is under scrutiny ahead of Prime Minister Mahathir Mohamad’s expected April visit to Beijing. Mainland Chinese businesses in Malaysia, in particular, are hopeful that the 93-year-old leader will be able to smooth ties with
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Dr Mahathir: Pro-import policies to be changed with tax
CYBERJAYA: Prime Minister Tun Dr Mahathir Mohamad said today the current government policies which seem to be pro-import rather than exports need to be changed. This, he said, might involve a change in the tax system. “We are not even
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MIER: Malaysia to post moderate GDP growth of 4.5 pct this year
KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) has forecast Malaysia’s 2019 gross domestic product (GDP) to post a moderate growth of 4.5 percent compared with 4.7 percent last year. Executive director Emeritus Professor Dr Zakariah Abdul Rashid said
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