PAPERLESS… MAS crew using Softcopy General Declaration (GD) for immigration clearance. Pic: Courtesy of MAS SEPANG, Jan 21 (Bernama) — Malaysia Airlines announced that the Softcopy General Declaration (GD) System, initiated at the Kuala Lumpur International Airport (KLIA) in June 2014 in …
Read More »Business : PM Announces Measures To Strengthen Malaysia’s Economic Resilience
KUALA LUMPUR, Jan 20 (Bernama) — Prime Minister Datuk Seri Najib Razak on Tuesday announced a number of proactive measures to ensure Malaysia’s growth, development and deficit ambitions remain on track in responding to changes in the global economic landscape. In a special address, Najib …
Read More »Business : Bank Muamalat Allocates RM100 Mln To Develop 4.47ha Wakaf Land
KUALA LUMPUR, Jan 20 (Bernama) — Bank Muamalat Malaysia Bhd is allocating RM100 million to develop 4.47 hectares (ha) of wakaf land this year via collaboration with UDA Waqf Sdn Bhd, a wholly-owned unit of UDA Holdings Bhd. UDA group managing director, Ahmad Abu Bakar, said the group has ident …
Read More »Business : Malaysia Set To Offer More Opportunities At 45th World Economic Forum
From Nor Baizura Basri DAVOS (Switzerland), Jan 20 (Bernama) — “More Opportunities”. That is what Malaysia is set to offer at the upcoming World Economic Forum (WEF), which starts tomorrow until Jan 24. Whether it is business opportunities or ease of doing business in Malaysia, the …
Read More »Business : Lower Ringgit Will Attract More Investments From US – MIDA
KUALA LUMPUR, Jan 19 (Bernama) — The Malaysian Investment Development Authority (MIDA) is optimistic that the lower ringgit will attract more investments from the US. Its Deputy Chief Executive Officer, Datuk Phang Ah Tong said however, which sector would garner the highest investment had yet …
Read More »Business : Oil Slump To Benefit Plastics, Petrochemical Firms: Matrade
KUALA LUMPUR, Jan 15 (Bernama) — The Malaysia External Trade Development Corporation (Matrade) says industries which use crude oil as main components in their products will benefit from the lower global crude oil prices. Its Chief Executive Officer Datuk Dr Wong Lai Sum said as an oil producin …
Read More »Business : Bank Rakyat Announces New Financing Product For Flood Victims
KUALA LUMPUR, Jan 15 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak today announced the latest product from Bank Rakyat for flood victims, Peribadi-i. The product offers maximum financing of RM50,000, at a profit rate starting from as low as 3.9 per cent, and loan period of up to seven …
Read More »Business : Boeing Delivered 723 Commercial Airplanes In 2014
KUALA LUMPUR, Jan 14 (Bernama) — Boeing set a global industry record for the most commercial airplanes delivered in a single year at 723 in 2014, maintaining its position as the world’s largest airplane manufacturer for the third consecutive year. “What the Boeing team achieved in …
Read More »Business : MyCC Forges Stronger Ties With Consumer Watchdog PPIM
KUALA LUMPUR, Jan 9 (Bernama) — The Malaysia Competition Commission (MyCC) and the Muslim Consumers Association of Malaysia (Persatuan Pengguna Islam Malaysia or PPIM) will collaborate to combat price fixing by any association. MyCC Chief Executive Officer Dr Mohd Khalid Abdul Samad said while …
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SHARE – Keep your finger on the pulse of business news with KiniBiz! Click ✔ 'LIKE' on our Facebook page and follow us on Twitter (@kinibiz)! Timeline PhotosSHARE – Keep your finger on the pulse of business news with KiniBiz! Click ✔ 'LIKE' on our Facebook page a …
Read More »SHARE – Keep your finger on the pulse of business news with KiniBiz! Click ✔ 'LI…
SHARE – Keep your finger on the pulse of business news with KiniBiz! Click ✔ 'LIKE' on our Facebook page and follow us on Twitter (@kinibiz)! Timeline PhotosSHARE – Keep your finger on the pulse of business news with KiniBiz! Click ✔ 'LIKE' on our Facebook page a …
Read More »Business : Boeing Achieves Milestone Year For Deliveries And Orders In 2014
As of Dec. 31, 2014, orders, delivers and unfilled orders by program. KUALA LUMPUR, Jan 7 (Bernama) — Boeing Commercial Airplanes set a record for the most commercial airplanes delivered in a single year at 723 units in 2014. It broke the company’s record for a second consecutive year. I …
Read More »Business : Boeing, Air New Zealand Finalize Order for Two 787-9 Dreamliners
Boeing and Air New Zealand have finalized an order for two additional 787-9 Dreamliners, valued at US$ 514 million at current list prices. The order, booked in 2014, comes six months after Air New Zealand celebrated the first 787-9 delivery in July. Shown here is an Air New Zealand 787-9 Dreamliner. …
Read More »Business : No GST On Instalment Payments For Household Items, Says Customs Department
By S. Kisho Kumari KUALA LUMPUR (Bernama) — Consumers who purchase furniture and household appliances on the flexi-credit system can rest assured that their monthly instalment payments will not be subject to the Goods and Services Tax (GST), said Royal Malaysian Customs Department GST Director …
Read More »Business : Thailand Expects Investment Applications At 1.3 Trillion Baht
By Piyarat Nisangkard BANGKOK, Dec 26 (Bernama) — Thailand’s Board of Investment (BOI) expects investment applications to hit 1.3 trillion baht by year-end. It said applications have already hit one trillion baht, higher than its projection of 800 billion baht. BOI Investment Adviser Hir …
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