KUALA LUMPUR: The Malaysian e-wallet environment is ripe for consolidation, say top industry players. Representatives from key e-wallet providers namely Boost, TNG Digital and Maybank said in a forum yesterday that only a few service providers will be able to sustain operationally over the long run. Speaking at the “Riding the Cashless Wave” forum held […]
Read MorePETALING JAYA: Property owners are auctioning their real estate amid a weak secondary market instead of relying on agents, according to auction houses. The property market is divided into the primary market where people buy from developers, and the secondary or sub-sale market where they buy from owners via agents. Private auctions are being held […]
Read MorePETALING JAYA: The outlook on foreign direct investment (FDI) inflows for Malaysia has been weakened due to the rising trade tensions between China and the United States. According to several economists, although Malaysia had registered a 73.4% jump in approved FDI in the first quarter of the year, the unresolved trade tensions between the two […]
Read MoreKUALA LUMPUR: Malaysia’s central bank, which has already downgraded its economic growth outlook for this year amid an escalating trade war, sees a partial offset as companies shift operations from China to sidestep higher U.S. tariffs. In her first formal interview with the international media since she took office almost a year ago, Governor Datuk […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose on Monday, shadowing higher U.S. soyoil prices on the Chicago Board of Trade (CBOT), while a softer ringgit also supported. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 0.8% at 2,035 ringgit ($487.19) per tonne at the day’s close. Palm oil fell last week on […]
Read MoreCYBERJAYA (Bernama) – Malaysia remains committed to high-end manufacturing and industrialisation by identifying strategic partners that will help make this country a preferred destination for the high-tech industry players. Communication and Multimedia Minister Gobind Singh Deo said to do so, Malaysia must step up its efforts to attract research and development (R&D)-intensive foreign direct investments […]
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