KUALA LUMPUR, Aug 26 (Bernama) — The Malaysia External Trade Development Corporation (Matrade) is organising a specialised marketing mission on processed food to Lima, Peru, tomorrow. The mission is in conjunction with ExpoAlimentaria 2014, one of South America’s largest trade fair on fo …
Read More »Business : Strategic Marine Unveils New Strategic Marine Gen 3 Vessel
KUALA LUMPUR, Aug 26 (Bernama) — Strategic Marine Pty Ltd has unveiled its new Generation Three (Gen Three) crew transfer vessel for the international offshore market. Succeeding the Generation Two vessel, the 40-metre boat has been in development since 2013, Strategic Marine said in a stateme …
Read More »Business : Matrade Eyes US$10 Miliion In Business Deals At Mongolian Trade Fair
KUALA LUMPUR, Aug 26 (Bernama) — Malaysia External Trade Development Corp (Matrade) is eyeing US$ 10 million business deals at its participation at the trade fair in Mongolia. Its director for Business Services and Building Materials Section, Ong Yew Chee, said Matrade would coordinate the par …
Read More »Business : Boeing, BOC Aviation Announce Order for 82 Airplanes
Boeing announced on Aug 25, 2014 an order by BOC Aviation for 50 737 MAX 8s, 30 Next-Generation 737-800s and two 777-300ERs (Extended Range). The order, valued at US$ 8.8 billion at list prices, is the largest in BOC Aviation’s 20-year history and part of the Singapore-based leasing company …
Read More »Business : Petron Malaysia Chalks Up Smaller Pre-Tax Loss Of RM2.1 Million In Q2
KUALA LUMPUR, Aug 22 (Bernama) — Petron Malaysia Refining and Marketing Bhd chalked up a smaller pre-tax loss of RM2.1 million in the second quarter ended June 30, 2014 from a pre-tax loss of RM60.69 million recorded in the same period last year. Revenue jumped to RM3.05 billion, during the pe …
Read More »Business : MAS Offers Up To 40 Per Cent Discount
By M. Saraswathi NEW DELHI, Aug 20 (Bernama) — Malaysia Airlines is offering discounts up to 40 per cent for popular destinations across its network in India to mark its 40th anniversary in India. This special offer will be from Aug 20-31, 2014 for the travel period of Aug 20- March 31, 2015. …
Read More »Business : M’sian Firms Urged To Tap UAE Market, Says Matrade
KUALA LUMPUR, Aug 19 (Bernama) — Malaysian companies are urged to tap the booming market in the United Arab Emirates (UAE), one of the leading trading partners for Malaysia in the Middle East. “About 50 Malaysian companies operating in the UAE have ventured into various sectors such as c …
Read More »Business : Exim Bank To Assist More Malaysian Companies In Third World Countries
Governor of Meru County Peter G. Munya (left), EXIM Chief Business Officer Chairil Mohd Tamil (middle) and Probase Manufacturing Sdn Bhd managing director Seow Cheng Soon Pic courtesy of EXIM BankKUALA LUMPUR, Aug 15 (Bernama) — Export-Import Bank of Malaysia Bhd (Exim Bank) calls on Malaysian …
Read More »Business : Data Integrity Important To MIDA
KUALA LUMPUR, Aug 15 (Bernama) — The Malaysian Investment Development Authority (MIDA) today clarified that data integrity is very important to the agency. In a statement today, MIDA said its investment statistics were used as leading indicators for the purposes of economic planning and policy …
Read More »Business : Malaysia’s GDP To Exceed 5.5 Per Cent In 2014 – Zeti
KUALA LUMPUR, Aug 15 (Bernama) — Bank Negara Malaysia expects the country’s economy to exceed 5.5 per cent for this year due to the strong performance recorded in the first six months of 2014, said Governor Tan Sri Dr Zeti Akhtar Aziz. She said Malaysia registered a strong performance wi …
Read More »Business : AmResearch Maintains Neutral Call On Aviation Sector Despite Ebola Outbreak
KUALA LUMPUR, Aug 14 (Bernama) — AmResearch Sdn Bhd has maintained a “neutral” call on the country’s aviation sector despite the Ebola outbreak which was limited to four West Africa nations. The research house said the outbreak would not have an impact on aviation stocks. AmR …
Read More »Business : Royal Award For Islamic Finance To Be Held On Sept 2
KUALA LUMPUR, Aug 14 (Bernama) — The Royal Award for Islamic Finance and Award Presentation Dinner will be held here on Sept 2, in conjunction with the Global Islamic Finance Forum 2014. To be presented by the Yang Di-Pertuan Agong, the award recognises and honours an Islamic finance visionary …
Read More »Business : GST Handbooks To Be Introduced This Saturday
By Azizul Ahmad KUALA LUMPUR, Aug 13 (Bernama) — The first batch of some 1,000 simplified handbooks on the Goods and Services Tax (GST) for businesses containing all the basic guidelines will be ready for distribution this Saturday, said the Royal Malaysian Customs Department GST Director, Dat …
Read More »Business : Matrade Seminars Get Good Response From Aussie Business Communities
By Neville D’Cruz MELBOURNE, Aug 8 (Bernama) — Malaysia External Trade Development Corp’s (Matrade) seminars here and Sydney have received an overwhelming response from Australian business communities. Its trade commissioner here, Noor Hayati Abu Noh, told Bernama that about 300 Au …
Read More »Business : Malaysia Needs To Grow Cruise Tourism Industry – Hasan Malek
KUALA LUMPUR, Aug 8 (Bernama) — Malaysia needs to advance the growth of the cruise tourism segment in order to capitalise on the multi-billion ringgit industry, said Datuk Seri Hasan Malek. The Domestic Trade, Cooperatives and Consumerism Minister said to achieve the target of 36 million touri …
Read More »