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MRCB 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
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Azmin: 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
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Govt 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
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Lim: 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
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Msia 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
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Federal 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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Bursa Malaysia opens higher
KUALA LUMPUR: Bursa Malaysia opened higher today, in line with the positive performance of its regional peers after US stocks cemented their biggest weekly gain in more than three months, last Friday. At 9.05 am, the benchmark FTSE Bursa Malaysia
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Tokyo stocks open higher tracking gains in US shares
TOKYO: Tokyo stocks opened higher on Monday, tracking gains on Wall Street due to optimism over US-China trade talks, with investors closely eyeing the US Federal Reserve’s meeting later this week. The Nikkei 225 index added 0.65%, or 139.64 points, to
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Malindo Air introduces ‘Super Saver’ fare
KUALA LUMPUR: Malindo Air has introduced ‘Super Saver’ – a new fare group to target a different tier of market segment, which allows passengers to make baggage and meals optional. In a statement today, Malindo said Super Saver is available
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Singapore gets RM2.4 billion worth of water subsidy from Malaysia since 1962
KUALA LUMPUR, March 12: Based on the selling price of water to Singapore under the 1962 agreement, the island city-state can be said to have so far received at least RM2.4 billion, or RM42 million a year, or about RM100,000
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