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MOHR Appoints First Sikh Woman As Industrial Court Chairperson
The Malaysian Industrial Court (MPM) has made history by appointing its first woman from the Sikh community as Chairperson, alongside another experienced female Chairperson. The MPM, established under...
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Will Malaysia Achieve Its Net Zero Targets?
The Malaysian government has set ambitious targets of achieving at least 50% reduction in carbon emission by 2030 and to be fully carbon neutral by 2050. In order to achieve this, the whole of...
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Malaysia Eyes Regional Launch Pad Status As Singapore, Indonesia Await...
The big beasts of Southeast Asia’s start-up scene are likely to see cash waved at them this year, investors and experts say, as venture-capital funds with trimmed purses seek the guarantee of profits...
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Gamuda – Federal Green Light For Penang LRT; Kenanga Renders Outperform
The federal government has finally approved the Penang LRT project and awarded GAMUDA’s 60%-owned SRS Consortium the Segment 1 civil work of the project. Kenanga Investment Bank (Kenanga), in its...
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Penang Pump-Priming; Overweight On Real Estate
Since the Sultan Abdul Halim Muadzam Shah bridge (second bridge) completion in 2014, Penang had not seen a major infrastructure project on the island, until now. Last Friday, the Cabinet approved the...
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Dassault Opens Malaysia MRO Hub To Serve Entire APAC Region
France based, Dassault Aviation has opened a major new maintenance, repair, and overhaul facility In Kuala Lumpur, Malaysia, that will support services for Falcon operators in Southeast Asia. Operating...
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High Motor Claims Pushes General Insurance Sector Underwriting Profit Down...
According to PIAM, the general insurance industry recorded an increase in gross written premiums of 7.8% to RM21.4 billion for 2023 compared to the previous year. Despite the positive trajectory, the...
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Parkson Secures A 15-Year Tenancy For China Asset Worth RM37 Million
Partkson Retail Group has provided update to the tenancy agreement the group has secured between Guizhou Shenqi Parkson Retail Development Co., Ltd. an indirect 60% owned subsidiary of Parkson Retail...
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Johor Plantation Receives SC Nod For Main Market Listing
Johor Plantations Group Berhad formerly known as Johor Plantations Berhad announced that it had obtained approval from the Securities Commission Malaysia to list on the Main Market of Bursa Malaysia...
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Agmo, MSC Trustgate Tie Up To Enhance Security Features In e-Invoices
Agmo Holdings Berhad (Agmo) through its subsidiary – Jom eInvoice Sdn. Bhd. (JomeInvoice) inked a Memorandum of Understanding with MSC Trustgate.com Sdn. Bhd in efforts to enhance e-Invoicing solutions...
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EdgePoint Partners Celcom Timur To Provide Last-Mile Infra In Sabah
EdgePoint Towers Sdn Bhd, part of EdgePoint Infrastructure has partnered with Celcom Timur Sabah to provide last-mile infrastructure, as part of their commitment to enhancing connectivity in East...
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Japan, Philippines Issues Tsunami Warning After 7.5 Scale Earthquake Struck...
A 7.5 magnitude earthquake struck near Taiwan a little before 9:00 a.m. (0000 GMT/UTC) on Wednesday. Taiwan’s earthquake monitoring agency gave the magnitude as 7.2 while the US Geological Survey put...
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TRC Synergy Banks On Mega Infrastructure Projects
TRC Synergy Berhad (TRC) delivered a higher net profit YoY 13.6% to RM25.3m for FY23 vs. RM22.3m. TRC is likely to ride on the planned mega infrastructure projects going forward. Increased momentum...
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MATRADE Sets Sights On Malaysia’s Rail Exports Reaching RM3.1 Trillion By 2030
In 2023, Malaysia’s rail sector experienced a notable surge in global trade, with exports climbing by 14.3% to RM1.3 billion. This uptick underscores the country’s growing prominence in the global rail...
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Spanco Chairman Tan Sri Robert Tan Charged In Court Over RM3.9 Billion Fraud
Spanco Chairman Tan Sri Robert Tan Hua Choon has been charged in court for cheating the Ministry of Finance of Malaysia in awarding a contract worth RM3.9 billion to his company. The matter blew over...
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MCMC Shuts Down Online Swinger Group With PDRM
The Malaysian Communications and Multimedia Commission (MCMC), in collaboration with the Royal Malaysia Police (PDRM), has successfully shut down an online swinger group involved in the swapping of...
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BNM Holds Discussions With Stakeholders On State Of Economy, Ringgit
Bank Negara Malaysia held engagement sessions with various stakeholders in conjunction with the release of its Annual Report 2023, Economic and Monetary Review 2023, and Financial Stability Review for...
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Positive On REITs As Defensive Yield Play
With easing government bond yields, stable occupancy rates, and normalising rental reversion, RHB remains positive on REITs as a defensive yield play. However, upside to earnings may be limited due to...
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Could AI Make The Four-day Work Week A Reality?
By: Melissa Norman While some fear the possible impact of Artificial Intelligence (AI) on jobs, there are upsides to leveraging AI in the workplace. Recent studies have found that AI could enable...
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5G Monetisation, Dual Network Unveiling In 2Q May Support ARPU
Kenanga Investment Bank Berhad’s (Kenanga) Sector Update today (Apr 4 ) said they maintain OVERWEIGHT on the sector as they are optimistic that earnings and dividends will remain largely intact given...
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