Tag Archives: Business

Joseph Y. YunBy Noor Soraya Mohd Jamal KUALA LUMPUR, June 23 (Bernama) — There is a possibility for Malaysia to implement the US visa waiver programme (VWP) as soon as next year. “I don’t want to give a specific timeline but it may be on next year,” US Ambassador to Malaysia, …

Emomali Sharipovich Rahmon and Datuk Seri Najib Tun RazakPUTRAJAYA, June 23 (Bernama) — Malaysian companies with an edge in construction, public housing, power generation, mining as well as halal food and products are keen to explore invetsment opportunities in Tajikistan, says Prime Minister …

By Zairina Zainudin KUALA LUMPUR, June 20 (Bernama) — Malaysia’s Islamic banks have been urged to be more innovative in providing tools and products to attract foreign funds from other regions, particularly the Middle East. Making the call, Syed Alwi Mohamed Sultan, Bank Muamalat Malaysi …

Westports Malaysia Sdn Bhd container operations scored another world’s first in container terminal productivity, notching an impressive 793 moves in one hour, using nine twin-lift cranes to unload containers from China Shipping container vessel, CSCL Le Havre(9572 TEU vessel)Pic: Courtesy of W …

Datuk Sri Hasan Malek at AEGC Workshop hosted by MyCC.Pic: Courtesy of MyCCKUALA LUMPUR, June 17 (Bernama) — To nurture an environment conducive for a strong economy requires effective implementation of consumer and competition policies, said Domestic Trade, Co-operatives and Consumerism Minis …

KUALA LUMPUR, June 17 (Bernama) — The government has to diversify revenue to reduce the country’s fiscal deficit to 3.5 per cent this year and achieve a balanced budget by 2020. Prime Minister Datuk Seri Najib Tun Razak in his Facebook posting today, said sustainable spending is part of …

KUALA LUMPUR, June 13 (Bernama) — The Malaysian Franchise Association (MFA) is targeting to record eight per cent growth in transactions at Franchise International Malaysia (FIM) 2014, compared with RM368 million recorded in 2013. MFA main committee member Abdul Rahman Mohamed said the associa …

By Tengku Noor Shamsiah Tengku Abdullah SINGAPORE, June 11 (Bernama) — Boeing Business Jets (BBJ) has announced the order of a BBJ 777-300ER (Extended Range) airplane to an undisclosed customer. President, Boeing Business Jets, Capt. Steve Taylor said: “2014 continues to be a positive ye …

KUALA LUMPUR, June 10 (Bernama) — The government is committed to improving industrial safety in order to attract more investors to Malaysia, said Datuk Seri Mustapa Mohamed. To assuage industry’s concerns over prevention, protection and safety, RM8.0 million has been allocated for the pr …

KUALA LUMPUR (Bernama) — The move by the Works Ministry to have discussions with highway concessionaires on the restructuring of toll rates to ease the burden of the people, is a praiseworthy move, said Selangor state assemblyman Sulaiman Abdul Razak. He said the approach announced recently by …

KUALA LUMPUR, June 6 (Bernama) — Westports Holdings Bhd (Westports) has appointed Lim Beng Keem as its Head of Finance and Acting Chief Financial Officer, effective today. Lim, who has spent 13 years with Westports as General Manager for Finance, has extensive experience in accounting, finance …

KUALA LUMPUR, June 6 (Bernama) — Malaysia External Trade Development Corporation (Matrade)’s specialised marketing mission comprising 18 local firms to France has generated an initial business outcome of RM4.23 million for Malaysian fabrics, designer clothes and shoes. Matrade said the o …

NEW YORK, June 6 (Bernama) — Identifying Malaysia’s food-processing industry as inherent with strong export potential, the New York office is aggressively marketing Malaysia’s processed foods to boost exports to the United States. Outlining his strategy to boost Malaysia’s pr …

KUALA LUMPUR, June 5 (Bernama) — Bank Negara Malaysia and the Malaysia Competition Commission (MyCC) signed a memorandum of understanding (MoU) on Thursday to formalise the intent of the bank and the commission to collaborate and cooperate in areas of common regulatory objectives. This is to f …

By Siti Radziah Hamzah KUALA LUMPUR, June 3 (Bernama) — AirAsia X Bhd will allocate at least RM2.1 billion in 2014 as capex to acquire seven new Airbus A330-300 aircraft, said Chief Executive Officer Azran Osman Rani. He told Bernama that to date, the long-haul budget airline had received thre …