Business
Back to homepageProton to build assembly plant in Pakistan
ISLAMABAD: National carmaker Proton will collaborate with Pakistani partner Alhaj Automotive to establish a manufacturing assembly plant in Pakistan, its first in South Asia region. This is based on an agreement signed last year said Malaysia High Commissioner to Pakistan
Read MoreMalaysia welcomes foreign embassies’ cultural exchange initiatives
KUALA LUMPUR: Malaysia’s Ministry of Tourism, Arts and Culture welcomes more cultural exchange programmes with foreign embassies to elevate friendships through the arts and culture, said its minister Datuk Mohamaddin Ketapi. He pointed out that the “Whirling Dervishes of Rumi
Read MoreDr M: I love MAS, but it seems like we can’t afford it
KUALA LUMPUR: Several parties had expressed interest in purchasing Malaysia Airlines Berhad (MAS), following the ailing state of the national carrier. Prime Minister Tun Dr Mahathir Mohamad, however, stressed that the government was still looking into the viability of selling
Read MoreAPEC 2020: Shared prosperity is Malaysia’s key message
KUALA LUMPUR: After more than two decades, Malaysia will be hosting the Asia Pacific Economic Cooperation (APEC) leaders’ summit in 2020, with the key message of shared prosperity. International Trade and Industry Minister Datuk Ignatius Darell Leiking said Malaysia’s message
Read MoreMRCB asks for more incentives to encourage construction mechanisation
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) has asked the government to provide more incentives to encourage mechanisation in the construction industry as it will help improve productivity and reduce dependency on foreign labour. Executive vice-president Datuk Seri Judin Abdul
Read MoreAzmin: Putrajaya approves RM1.6 billion Kulim airport
PUTRAJAYA: The Kulim International Airport is given the go-ahead as part of the government’s plan to bridge development gaps, says Economic Affairs Minister Azmin Ali. The airport is also among seven high-impact projects in Kedah detailed in the mid-term review
Read MoreGovt assures no job cuts with civil service privatisation
KUALA LUMPUR: Finance Minister Lim Guan Eng said the privatisation of civil service will not result in civil servants losing their jobs. “Referring to the privatisation done in the eighties, where for example Telekom Malaysia (TM), which under the government
Read MoreLim: Be flexible or prepare for windfall tax
KUALA LUMPUR: “Be flexible, unless you prefer windfall tax,” says Finance Minister Lim Guan Eng to the banks today. He said there have been many complaints with regards to the difficulties in obtaining financing, even as the banks record huge
Read MoreMsia committed to friendly economics ties
KUALA LUMPUR: Malaysia is committed to friendly economic ties with all its partners especially those with whom the country has the strongest and closest links, says the Prime Minister Tun Dr Mahathir Mohamad. While the government would like to see
Read MoreFederal govt to revive stalled projects in Sarawak: Baru Bian
KUCHING: The Federal Government will ensure that stalled projects under the previous government, especially in Sarawak, will be restored immediately and effectively implemented until fully completed. Works Minister Baru Bian (said, the stalled projects in Sarawak including Sri Aman Hospital, Petra Jaya
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