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Malaysia's overseas investments reach RM908b at June 2017

Malaysia's overseas investments reach RM908b at June 2017

KUALA LUMPUR: Malaysia’s position in terms of foreign direct investment and portfolio investment amounted to RM908bil for the period ended June 2017, the Dewan Rakyat was told. The Ministry of Finance Ministry (MoF) said more than half of the investments or RM574bil comprised foreign direct investment abroad (DIA) by Malaysian companies. Top investment destinations were […]

November 20, 2017 | By | Reply More
Sime Darby's West Malaysia estates to be MSPO-certified in 1Q18

Sime Darby's West Malaysia estates to be MSPO-certified in 1Q18

KUALA LUMPUR: Sime Darby Bhd expects its estates throughout Peninsular Malaysia to be MSPO-certified by the first quarter of 2018, said its plantation division chief executive officer Datuk Franki Anthony Dass. Compliance with the Malaysian Sustainable Palm Oil (MSPO) certification is mandatory for all oil palm planters in the country by the end of 2019. […]

November 20, 2017 | By | Reply More
Malaysia calls for EU's acceptance of MSPO certification

Malaysia calls for EU's acceptance of MSPO certification

PUTRAJAYA: Malaysia is calling upon 18 European ambassadors lead by the European Union (EU) ambassador Maria Castillo Fernandez to accredit and accept the Malaysian Sustainable Palm Oil (MSPO) certification. “We call upon European ambassadors to consider MSPO, which is also the national standard of Malaysia, to be accredited and accepted in the EU,” said Plantation […]

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Nov 20: Ringgit continues rise against US dollar

Nov 20: Ringgit continues rise against US dollar

KUALA LUMPUR: The ringgit continued its upward momentum to end higher against the US dollar today on positive sentiment brought about by expectations of Malaysia’s stronger economic growth. At 6pm, the local unit traded at 4.1480/1510 against the greenback, from 4.1600/1630 last Friday. A dealer said the ringgit continued to respond to the positive spill-over […]

November 20, 2017 | By | Reply More
Coding Against Terrorism Financing

Coding Against Terrorism Financing

Bank Negara Malaysia and Australia’s financial intelligence agency AUSTRAC announces the winners of the inaugural International Financial Intelligence Unit (FIU) Codeathon 2017. Held in conjunction with the 3rd Counter-Terrorism Financing Summit 2017 on 18 – 19 November, the codeathon hosted 69 participants from 11 different countries. Participants hail from Financial Intelligence Units (FIUs), Financial Technology (FinTech) and […]

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Ringgit continues upward momentum to end higher

Ringgit continues upward momentum to end higher

KUALA LUMPUR: The ringgit continued its upward momentum to end higher against the US dollar today on positive sentiment brought by expectations of Malaysia’s stronger growth, dealers said. At 6pm, the local unit traded at 4.1480/1510 against the greenback from 4.1600/1630 last Friday. A dealer said the ringgit continued to respond to the positive spillover […]

November 20, 2017 | By | Reply More
Sime Darby seeks further clarification on  government freez

Sime Darby seeks further clarification on  government freez

KUALA LUMPUR: Sime Darby Bhd via REHDA, is seeking further clarification about the government freezing approval for new applications to build shopping centres, offices, serviced apartments and luxury condominiums in the city centre. “It is still premature for us to comment on this new ruling by DBKL,” said Sime Darby Property managing director Datuk Seri […]

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Ringgit continues upward momentum to end higher

Ringgit continues upward momentum to end higher

KUALA LUMPUR: The ringgit continued its upward momentum to end higher against the US dollar today on positive sentiment brought by expectations of Malaysia’s stronger growth, dealers said. At 6 pm, the local unit traded at 4.1480/1510 against the greenback from 4.1600/1630 last Friday. A dealer said the ringgit continued to respond to the positive […]

November 20, 2017 | By | Reply More
Cook Your Hearts Out at the KidZ vz Food 2.0

Cook Your Hearts Out at the KidZ vz Food 2.0

The KidZ vs Food is coming back to KidZania Kuala Lumpur from 25 November to 31 December 2017, with more interesting hands-on cooking activities during the school holidays! In this second instalment, KidZania aims to cultivate the appreciation for cooking among kids, which is an essential life skill. KidZania ‘KidZ vs Food 2.0’ kicks off […]

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PDP tender for KL-Singapore high speed rail project open on Nov 22

PDP tender for KL-Singapore high speed rail project open on Nov 22

KUALA LUMPUR: MyHSR Corp Sdn Bhd will call for a tender to appoint the project delivery partner (PDP) for the Kuala Lumpur-Singapore High Speed Rail project on Wednesday. The PDP will develop detailed design for the infrastructure works which includes the station and alignment structures (i.e. bridges, tunnels and embankments) in Malaysia and build these […]

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