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Six Malaysian startups make it to Forbes Asia’s ‘100 to Watch’ list
PETALING JAYA: Six Malaysian startups have made it to Forbes Asia’s “100 to Watch” list, comprising firms in the fields of enterprise technology, agriculture, finance and e-commerce.The first Malaysian startup on the list, announced today, is Aerodyne, an enterprise...
Sabah to have own airline by 2024
PETALING JAYA: Sabah’s own airline is expected to take off by next year, says Sabah Air Aviation Sdn Bhd (SAASB) chairman Kenny Chua. He expected to sign agreements to lease at least three aircraft, not limited to Airbus or Boeing, by the end of this year....
Laos, Malaysia Ink Deal to Enhance Cross-Railway Cooperation
In a significant move to bolster their respective railway sectors and enhance regional trade within the Pan-Asian railway initiative, the Lao National Railway Enterprise (LNRE) and Keretapi Tanah Melayu Bhd (KTMB) have signed a memorandum of cooperation this month....
Cops nab 15 men in shipping industry for misappropriating diesel
The syndicate have caused the oil and gas company to incur RM13.5 million losses. KUALA LUMPUR: Police busted a syndicate for misappropriating diesel of the country’s leading oil and gas company after 15 men were arrested in an operation across several states on...
Taiwan investment in Malaysia this year expected to surge to US$400m
KUALA LUMPUR: Taiwanese investment in Malaysia is projected to surge to US$400 million (RM1.85 billion) this year, up from US$80 million in 2022, due to Taiwan’s recognition of Malaysia as its vital partner in the high-tech sector. In an exclusive interview...
Over 100,000 expected to attend National Day 2023 celebration in Putrajaya
PUTRAJAYA: Preparations for the 2023 National Day Celebration in Putrajaya on Aug 31 are in full swing, with over 100,000 people expected to attend the event. Its working committee secretary Mazlan Abd Mutalib said various parties including government agencies,...
Working for smooth border connectivity
THE Johor Immigration Department has always maintained a good working relationship with its Singapore counterpart especially with regard to border issues, says its director Baharuddin Tahir. He said there was a recent study tour involving officers from various...
Volunteering to build caring communities
Nothing says as much about the strength of a nation than how it cares for the weakest, the forgotten and those who have fallen through the cracks of society. Volunteering releases society- building powers and transforms a community for the better. From soup kitchens...
MICCI, Tapa form tie-up to reduce losses in supply chain
PETALING JAYA: The Malaysian International Chamber of Commerce and Industry (MICCI) has inked a memorandum of understanding (MoU) with the Transported Asset Protection Association (Tapa) Asia-Pacific to collaborate and provide value to manufacturers, brand owners and...
Nine Malaysian firms on Forbes Asia list
PETALING JAYA: Forbes Asia has named nine Malaysian companies as part of its “Best Under A Billion 2023” list. The list highlights 200 Asia-Pacific public companies with revenues under US$1bil that have displayed consistent growth in both their top and bottom lines....
Fire aboard cargo vessel en route to Port Klang completely extinguished
SHAH ALAM, Aug 13 — The fire that broke out in several containers onboard a cargo ship en route to Port Klang near here early today, has been completely extinguished. Selangor Fire and Rescue Department director Wan Md Razali Wan Ismail in a statement said they were...
Driving clean growth for a sustainable Malaysia
We need to decouple economic growth from resource consumption IMAGINE, if instead of discarding things after using them, we find ways to give them new life. That's the idea behind a circular economy – creating a system in which we make the most of our resources by...
Penang’s new ferry service begins with first passengers
GEORGE TOWN:Penang's newest ferry service began on Monday (Aug 6) with the arrival of Teluk Kampi at the Raja Tun Uda ferry terminal on the island carrying its first batch of pedestrians and two-wheelers. On board the ferry were Chief Minister Chow Kon Yeow, Penang...
Environmental preservation no longer just corporate social responsibility, says Nik Nazmi
KUALA LUMPUR, Aug 1 — The aspect of environmental preservation in corporate affairs is no longer just corporate social responsibility (CSR) but needs to be an enabler in expanding businesses and creating new values. -ADVERTISEMENT- Minister of Natural Resources,...
Westports second quarter net profit rises to RM194.76m
KUALA LUMPUR, July 27 — Westports Holdings Bhd’s net profit for the second quarter ended June 30, 2023 (2Q FY2023) rose to RM194.76 million from RM162.29 million a year ago, attributed to the reduction in fuel cost. Revenue widened to RM542.64 million compared to...
Airline passenger traffic grew in June
KUALA LUMPUR, 28 July 2023: Recovery in international passenger markets remains robust, as travel demand grew in June despite inflationary pressures and the weakness in regional currencies according to preliminary June 2023 traffic figures released this week by...
Petronas, other firms invest in green fuel
KOTA KINABALU: Petronas is diversifying its portfolio to include biofuels as part of the company’s offerings. As technical partner of Mercedes-AMG Petronas Formula One Team, Petronas aims to supply advanced sustainable fuel in support of new engine regulations and...
Nusantara, the new gateway for Malaysia-Indonesia cooperation
Of late, Indonesia’s President Joko “Jokowi” Widodo has been hard at work promoting foreign investment in Indonesia’s future new capital, Nusantara, slated to replace Jakarta as the center of administration by 2024. The President’s whirlwind visits in June 2023 to...
Johor plans to build logistics centre in Simpang Renggam, says MB
KLUANG, July 21 — The Johor government plans to build a logistics hub in the Simpang Renggam area because of its strategic location, which is in the centre of the state. Menteri Besar Datuk Onn Hafiz Ghazi said the Simpang Renggam area also has close access to three...
Customs e-ATTENDANCE system to benefit Labuan’s freight, forwarding shipping agents
LABUAN (July 21): The e-ATTENDANCE digital system, developed by the Royal Malaysian Customs Department (Customs) in Labuan has benefitted the freight forwarding and shipping agents on the duty-free island since its trial-run on April 1. The system, which is used for...