China, India to push growth in Malaysia Newstrack India | Kuala Lumpur, May 9 (Xinhua-ANI): China and India are the two determining factors that will foster Malaysia's economic growth and help it become a developed country by 2020, a senior Malaysian official said. | Nor Mohamed Yakcop, Minister in the Prime Minister's Department, said although the growt...
Tourism to give Malaysia a boost The Star | THE tourism sector has been recognised by the government as a major source of revenue and a catalyst for the Malaysian economic renaissance. | In 2011, tourist arrivals increased by 137,128 to 24,714,324 compared to 24,577,196 in 2010, while receipts increased by RM1.8bil to RM58.3bil compared to ...
ConocoPhilips invests US$1.5bil in oil production in Malaysia The Star | NEW YORK: ConocoPhilips, among the world's biggest oil producer from the United States, has invested US$1.5bil (RM4.6bil) in Malaysia so far for oil production in offshore Sabah. | Prime Minister Datuk Seri Najib Tun Razak said the company's invest...
UPDATE 1-Malaysia's Khazanah to list $1.5 bln healthcare IPO at end-July-sources Reuters | * IPO prospectus will be launched in early July | * Indicative price for Bumiputra will be known on June 1 | By Yantoultra Ngui | KUALA LUMPUR, May 17 (Reuters) - The planned $1.5 billion listing of Malaysia's Integrated Healthcare Holdings (IHH) i...
APIC ’12: Asia petrochemical industry players convene in Malaysia ICIS | | KUALA LUMPUR (ICIS)--Malaysia is hosting this year’s biggest petrochemical industry conference in Asia, which draws more than a thousand of delegates from different parts of the globe. | The 34th annual Asia Petrochemical Industry ...
Takaful Malaysia sees possible consolidation in industry The Star | KUALA LUMPUR: Syarikat Takaful Malaysia Bhd says there is a possibility that there could be consolidation among small Takaful players under the risk-based capital framework. | In a statement issued on Thursday after its AGM, it said the development...
AirAsia, Malaysia Airlines End Share Swap Deal Jakarta Globe Kuala Lumpur. Budget carrier AirAsia and state-owned Malaysia Airlines said Wednesday they have terminated a share swap deal signed last year but will continue plans to collaborate in areas such as procurement, training and aircraft maintenance. | An...
Minimum wage for Malaysia ‘is too low’ Independent online Sapa-AFP Kuala Lumpur | Malaysia would introduce a minimum wage for the first time in a move to bolster incomes amid rising living costs and speculation of a snap general election, its prime minister announced yesterday. | An estimated 3.2 million wo...
Tourism to give Malaysia a boost The Star | THE tourism sector has been recognised by the government as a major source of revenue and a catalyst for the Malaysian economic renaissance. | In 2011, tourist arrivals increased by 137,128 to 24,714,324 compared to 24,577,196 in 2010, while receip...
Malaysia Enacts Minimum Wage The New York Times | KUALA LUMPUR — At construction sites, plantations and factories, millions of low-income workers across Malaysia are set to receive a pay raise. | About 3.2 million such workers are expected to benefit from the newly announced introduction of ...
RadioShack posts 1Q loss, stock at all-time low The Wichita Eagle | NEW YORK — RadioShack Corp. lost money in its first quarter as sales dropped, particularly in U.S. stores. The electronics seller's stock plummeted to an all-time low Tuesday morning. | The loss is another sign of a brick-and-mortar electronics business that is flailing. Retailers like RadioShack and Best Buy Co. have struggled as buying ha...
Foreign travel expenses shoot up 20% on falling rupee The Times Of India Tweet NEW DELHI: The depreciating value of the rupee has made outbound travel for Indians at least 15-20% more expensive. In India, domestic travel too is suffering because of an increase in airfares as Kingfisher and Air India reduce their inventory. | The summer break in India sees a huge number of Indians travelling internationally for an averag...
