KUALA LUMPUR: The ringgit headed south again at the opening as the death toll from Novel Coronavirus (2019-nCoV) hits 361, further raising worries that the global’s growth could take a big hit from the viral epidemic. At 9 am, the ringgit stood at 4.1020/2050 against the greenback from 4.0960/1000 at Friday’s close. AxiCorp’s chief market […]
Read MoreWhile most Singapore businesses have always looked to our closest neighbour to launch their regionalisation efforts, Malaysia’s attractiveness is also becoming more apparent to companies from around the world. As part of promoting Malaysia as an investment destination, the country’s government has taken an active role in creating initiatives, including competitive investment incentives and tax policies, to attract foreign […]
Read MoreKUALA LUMPUR: The quantity of refined palm oil exports from Malaysia to India is relatively small, roughly US$300mil a year. Therefore, any restriction on Indian palm oil importers to buy the commodity from Malaysia would only have a minimal impact on the latter, according to Standard Chartered. “In the end, India has to buy it […]
Read MoreKUALA LUMPUR (Xinhua) – Malaysia’s natural rubber production increased 1.6 per cent year-on-year to 53,019 tonnes in November 2019, according to official data yesterday. Malaysian Statistics Department said in a statement that on monthly basis, the natural rubber production grew 9.3 per cent from 48,528 tonnes last October. Exports of Malaysia’s natural rubber fell 6.2 […]
Read MoreKUALA LUMPUR: The e-Tunai Rakyat programme kicked-off on a high note yesterday, with all three e-payment platforms involved reporting a surge in the number of users. Touch n Go eWallet, Boost and Grab Pay said that traffic volume had increased significantly since the programme commenced yesterday morning. “As of 12pm today (yesterday), our app has […]
Read MoreKUALA LUMPUR: Malaysia Convention & Exhibition Bureau (MyCEB) has lined up key business events in conjunction with Visit Malaysia 2020. It has secured 42 events, which will bring in more than 65,000 delegates primarily from the healthcare, telecommunications, science and technology industries, bringing in an estimated economic impact of RM645mil. They included the 19th International […]
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