Latest
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Corporate News
Scientex to deploy large-scale solar PV system
Packaging manufacturer and property developer Scientex Bhd will deploy a 21-megawatt peak rooftop solar photovoltaic (PV) system at its facilities nationwide.
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Corporate News
Salcon unit bags RM9.7mil sewerage deal
Salcon Bhd has secured a sewerage treatment plant contract worth RM9.71mil from Rantau Urusan (M) Sdn Bhd.
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Corporate News
KPPB signs up for Penang development deal
Kerjaya Prospek Property Bhd (KPPB) has entered into a joint-venture agreement with Aspen Vision City Sdn Bhd (AVC) to jointly develop a piece of freehold land in Aspen Vision City, Batu Kawan, Penang.
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Corporate News
Wong charged with abetting securities fraud
The Securities Commission (SC) has charged Daniel Wong Jit Kiang in the Kuala Lumpur Sessions Court with abetting the late Toh Chun Toh Gordon in defrauding Multi-Code Electronics Industries (M) Bhd amounting to RM17.6mil in 2007.
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Economy
Bank Negara holds overnight policy rate firm at 3%
Bank Negara kept the overnight policy rate (OPR) steady at 3% after its monetary policy committee (MPC) meeting, a move widely expected by economists.
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Corporate News
MR DIY begins 2024 financial year on a positive note
Average sales per store of MR DIY Group (M) Bhd continued to moderate in the first quarter of financial year 2024 (1Q24) as the home-improvement retailer added 167 new outlets in a year.
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Construction
Contractors in for stronger growth momentum
The local construction sector will be injected with more projects in the second half of this year (2H24) as up to RM180bil worth of jobs from the government and private sector are being dished out.
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Corporate News
Tech firms optimistic despite challenges
Amid challenges in the global semiconductor industry, local technology companies will be focusing on strategic areas to mitigate any impact on their earnings prospects.
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Economy
Wage reform concerns
As Malaysia grapples with economic strains and a complex tax landscape, concerns are mounting within the business community over proposed wage reforms.
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Corporate News
VSTECS shares hit all-time high
Shares of VSTECS Bhd hit an all-time high yesterday, after the ICT distributor was named first Amazon Web Services (AWS) distributor in Malaysia.
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Corporate News
Sentral-REIT to gain from new assets in good locations
Sentral Real Estate Investment Trust (REIT) may see a fall in its total occupancy rate as a tenancy in Menara Shell is set to expire soon.
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Corporate News
Minister: VW to make Malaysia its export hub
Volkswagen Group Malaysia (VGM) plans to make the country an export hub for the Volkswagen (VW) brand, says Investment, Trade and Industry (Miti) Minister Tengku Datuk Seri Zafrul Abdul Aziz.
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Business
ECRL project contractor starts system installation works
The East Coast Rail Link (ECRL) project has started its system installation works, marking the final phase of construction work before entering the testing and commissioning stage.
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World
Urgent: Man shoots two officers in police station in paris
PARIS, May 10 (Xinhua) -- A man shot and seriously injured two police officers in a police station in Paris on Thursday, according to French news channel France Info.
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World
Canada updates 2024 wildfire season projections
OTTAWA, May 9 (Xinhua) -- The Canadian federal government on Thursday updated the 2024 wildfire season projections, warning that above-normal temperatures nationwide could lead to greater wildfire risks.
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World
UNRWA closes headquarters in E. Jerusalem after repeated attacks
GAZA, May 9 (Xinhua) -- The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) said on Thursday that it has decided to close down its East Jerusalem headquarters after Israelis repeatedly set fire near the site.
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World
UK students demonstrate Chinese proficiency in global language competition
LONDON, May 9 (Xinhua) -- The United Kingdom (UK) hosted regional finals for a global Chinese language competition here Thursday, with contestants from schools across the country proving their prowess in the language.
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World
Chinese publishers stage Doha Int'l Book Fair
DOHA, May 9 (Xinhua) -- The 33rd Doha International Book Fair kicked off here in the Qatari capital on Thursday with Chinese publishers displaying about 300 types of books about China.