PETALING JAYA: The ongoing demonstrations in Hong Kong have resulted in a spike in interest in Malaysian property and in private international school enquiries. A check with four property consultancies and a couple of international schools suggest that interest rose towards late June and early July this year. Hong Kong street demonstrations started in March/April […]
Read MoreFour Malaysian technology companies will ink a business partnership agreement with locally-owned IG Tech Group – a B2B services provider specialising in IT solutions – to market and distribute their services and technologies to new markets in Cambodia. The companies – AETINS, NetAssist, TESS International, and CALMS Technologies – are associated with the Global Acceleration […]
Read MorePETALING JAYA: Malaysia has missed its 2020 cashless target, as many still prefer cash transactions despite the boom in e-wallet platforms, according to Fitch Solutions Macro Research. Notably, Bank Negara has set some targets to migrate cash transactions to electronic payment systems under its Financial Sector Blueprint 2011-2020. The targets include increasing the number of […]
Read MorePETALING JAYA: Against a backdrop of recessionary risk looming in Asia, the declining private investment scene in Malaysia is stoking concerns and economists believe it needs urgent address. While economists are maintaining their economic growth projections for the upcoming quarters, they agree that private investment needs to be seriously looked at to ensure the nation’s […]
Read MorePETALING JAYA: The country’s consumer price index (CPI) rose 1.5% in June, in line with analyst expectations, due to the low base effects arising from the removal of the goods and services tax (GST) last year. The Statistics Department said in a statement that the abolition of the GST had led to the increase in […]
Read MoreDUNGUN: China and Malaysia resumed construction on a massive “Belt and Road” train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about US$11bil. The project was initially canceled by Malaysian Prime Minister Tun Dr Mahathir Mohamad, who came to […]
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