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Malaysian Govt Praises Indonesia’s Ease of Investment

TEMPO.CO, Jakarta – Malaysian Deputy Minister in Prime Minister’s Department Dato Razali stated that Indonesia, under the administration of Jokowi – Jusuf Kalla, appreciates and honors foreign investments and is serious in improving Indonesia’s ease of investments and businesses. Malaysian FIC Properties Sdn Bhd (FICP), which is a subsidiary of the state’s Federal Land Development Authority (FELDA), has acquired […]

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Malaysia’s Sept inflation at six month high

KUALA LUMPUR: Malaysia recorded an inflation of 4.3% year-on-year (y-o-y) in September, the highest since March, mainly due to the rise in transportation costs and prices of food and non-alcoholic beverages. According to the latest figures released by the Statistics Department on Friday, transportation costs in September rose significantly by nearly 15.8% y-o-y, the highest […]

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Malaysia: Digi mobile Internet revenue on the rise

PETALING JAYA: Digi.Com Bhd ’s strategy to lower the cost of its mobile Internet packages to win more customers is paying off. The telecommunication company said Internet revenue increased 8.3% in the third quarter ended Sept 31 to RM690mil from an expanded Internet subscriber base of 72%, which more than doubled its average data usage this year […]

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Malaysian palm oil prices make further gains on higher crude oil, stronger exports

KUALA LUMPUR: Malaysian palm oil futures extended gains on Monday evening, recording a fourth straight day of wins tracking higher crude oil prices and stronger export data from cargo surveyors. The benchmark palm oil contract price for January delivery on the Bursa Malaysia Derivatives Exchange was up 0.2 percent at 2,762 ringgit ($655.20) a tonne at the close of trade. It […]

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