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Proton sales jump 13pc to 5,083 units in October

Proton sales jump 13pc to 5,083 units in October

KUALA LUMPUR: Proton Holdings Bhd sold 13 per cent more vehicles last month from September, driving its 10-month sales six per cent higher to 61,380 units from 57,734 a year ago. The national carmaker sold 5,083 units last month compared with 4,498 units in September. The Saga and Persona continued to be the most popular […]

November 20, 2017 | By | Reply More
Asean airports set for travel boom

Asean airports set for travel boom

SIX Asean member countries are poised for aggressive growth in their aircraft fleet count and new airport infrastructure. The growth follows expected strong passenger traffic growth in Malaysia,  Singapore, Thailand, Indonesia, the Philippines and Vietnam, and also indicates a brighter outlook on industry earnings. In the race for earnings growth, Muhibbah Engineering Bhd has become […]

November 20, 2017 | By | Reply More
AJ Biologics investing over RM138.2m in vaccine facility

AJ Biologics investing over RM138.2m in vaccine facility

KUALA LUMPUR: A Saudi vaccine manufacturer will invest more than RM138.2 million in the next three to five years to establish Malaysia’s first state-of-the-art vaccine manufacturing facility. AJ Biologics Sdn Bhd will build the factory on a 1.8ha plot in Bandar Enstek, Negri Sembilan. Parent AJ Pharma Holdings Sdn Bhd executive director Selvam Ramaraj said […]

November 20, 2017 | By | Reply More
Nov 20: Bursa Malaysia opens higher on bullish sentiment

Nov 20: Bursa Malaysia opens higher on bullish sentiment

KUALA LUMPUR: Bursa Malaysia opened higher today on bullish sentiment following the release of a stronger set of third quarter gross domestic product (GDP) data last week, a dealer said. At 9.17 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.19 points firmer at 1,724.85 from Friday’s close of 1,721.66. The index opened […]

November 20, 2017 | By | Reply More
Perodua aims to sell 80,000 new Myvis in 2018

Perodua aims to sell 80,000 new Myvis in 2018

KOTA BARU: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has targeted sales of between 75,000 and 80,000 units of the all-new Myvi in 2018, said Perodua Auto Corporation Sdn Bhd deputy president, Datuk Zainal Abidin Ahmad. He said Perodua had received bookings for 8,000 units for all five variants of the new Myvi up to Nov […]

November 19, 2017 | By | Reply More
ECERDC to establish Asean Competency Centre in Pahang

ECERDC to establish Asean Competency Centre in Pahang

KUALA LUMPUR: The government, through the East Coast Economic Region Development Council (ECERDC) will be establishing the first Asean Competency Centre at the Pahang Technology Park (PTP) as part of Malaysia’s strategy to accelerate its readiness for the 4th Industrial Revolution (Industry 4.0). In a statement today, ECERDC said the major milestone was sealed recently […]

November 19, 2017 | By | Reply More
Ex-Agrobank CEO Wan Mohd Fadzmi gets Islamic banking award

Ex-Agrobank CEO Wan Mohd Fadzmi gets Islamic banking award

KUALA LUMPUR: Former president/chief executive officer of Bank Pertanian Malaysia Bhd (Agrobank), Datuk Wan Mohd Fadzmi Wan Othman, has received the Islamic Retail Banking Leadership Award 2017 (IRBA) at the 3rd Islamic Retail Banking Awards in Dubai, last night. In a statement today, IRBA chairman/founder Dr Humayon Dar said the award committee was impressed by […]

November 18, 2017 | By | Reply More
Nearly 2,000 Siemens employees protest against job cuts

Nearly 2,000 Siemens employees protest against job cuts

BERLIN: Siemens employees protested in various German cities on Friday against the company’s proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union. Siemens said on Thursday it wanted to cut about 6,900 jobs, or close to 2 percent of its global workforce. Roughly half of […]

November 18, 2017 | By | Reply More
GDP growth to support Ringgit's trading next week

GDP growth to support Ringgit's trading next week

KUALA LUMPUR: The ringgit is expected to continue its upward momentum against the US dollar next week, propelled by Malaysia’s third quarter gross domestic product growth as well as the possibility of the central bank revising the overnight policy rate (OPR). The Malaysian economy grew at a faster pace of 6.2 per cent in the […]

November 18, 2017 | By | Reply More
SMIDEX 2017 achieves RM557.5m combined sales

SMIDEX 2017 achieves RM557.5m combined sales

KUALA LUMPUR: SME Annual Showcase & Conference (SMIDEX) 2017 has achieved RM557.5 million in business matching, surpassing SME Corp’s target of RM555 million, said Deputy International Trade and Industry Minister Datuk Ahmad Maslan. He was speaking at the Enterprise 50 (E50) dinner and award presentation here today. “SMIDEX 2017 saw the participation of 11,195 trade visitors […]

November 17, 2017 | By | Reply More