Malaysia: Malaysia receives nearly RM72b in investments in January-July Monday, 1 August 2016 – Malaysia has received RM71.8bil in investments in the January-July 2016 period in the manufacturing and services sectors. Malaysian Investment Development Authority (Mida) chief executive officer Datuk Azman Mahmod said the investments involved new and expension projects. “They are from 262 projects […]
Read MoreMalaysia: Malaysia, Indonesia aim to double trade value Tue, August 2, 2016 – Malaysian Prime Minister Najib Bin Haji Tun Abdul Razak has said he wants to double trade with Indonesia to US$30 billion in the coming years. Last year, trade between the two countries was valued at $16.6 billion. As of April this year, […]
Read MoreMalaysia: Govt aims to position M’sia as sales and marketing hub for M & E Monday, 1 August 2016 – The Government aims to turn Malaysia into a sales and marketing hub for machinery and equipment (M & E), as well as a technology refurbishment centre for machine tools and packaging machineries, said Malaysian Investment […]
Read MoreMalaysia: Malaysia Packaging falls after below market takeover price Monday, 1 August 2016 – Shares of Malaysia Packaging Industry Bhd (Maypak) fell to a low of 39 sen on Monday after investors sold on news of an impending takeover at 16.6 sen a share. At 11.30am, Maypak was down six sen to 39 sen. There […]
Read MoreMalaysia: Ringgit firmer against US dollar early Monday Monday, 1 August 2016 – The ringgit opened higher against the US dollar on Monday on mild buying interest, dealers said. At 9.02 am, the local unit was quoted at 4.0320/0380 to the US dollar from 4.0670/0740 last Friday. A dealer said demand was driven by favourable […]
Read MoreMalaysia: Malaysian palm oil price gains on improved rival oils, weaker ringgit Thursday, 28 July 2016 – Malaysian palm oil futures notched up a second day of gains, tracking rival soyoil, while a weaker ringgit also helped to prop up prices. Benchmark palm oil futures for October delivery on the Bursa Malaysia Derivatives Exchange rose […]
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