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PETALING JAYA: The influx of foreign workers into Malaysia began in the 1980s as the country embarked on rapid industrialisation. Fast forward three decades later and Malaysia now has nearly 2.2 million foreigners in its workforce, as compared to slightly over 800,000 foreign workers at the beginning of the 21st Century.
Two developments in the last three weeks have been quite telling on the fate of PLUS Malaysia Bhd and other highway concessionaires in the country.
KUALA LUMPUR: Blue chips eked out slim gains early Thursday, underpinned by KL Kepong and MISC, amid a firmer broader market while cement maker CMSB jumped in ac active trade.
Budget 2020 spelt out incentives cutting across various sectors of the economy, from health to infrastructure, and from digital payment systems to real estate.
KUALA LUMPUR: Bursa Malaysia started the fourth quarter on Tuesday on a cautious note as foreign funds were still on a selling mode while key Asian markets advanced.
KUALA LUMPUR: UEM Group Bhd, the infrastructure arm of Khazanah Nasional Bhd said it will use part of the proceeds from divesting its entire stake in Indonesia’s Cikopo-Palimanan (Cipali) toll road for investments in the development of Malaysia’s key national infrastructure.
PETALING JAYA: Marking its second major disposal in a week, Khazanah Nasional Bhd has announced its exit from the Indonesian highway business.PETALING JAYA: Marking its second major disposal in a week, Khazanah Nasional Bhd has announced its exit from the Indonesian highway business.
KUALA LUMPUR: The FBM KLCI could be extending its rebound towards the resistance of 1,630 points following the positive development in Hong Kong.
KUALA LUMPUR: UEM Edgenta Bhd’s growth moving forward in the near term will continue to be driven by its healthcare business segment, says its managing director/CEO Datuk Azmir Merican.
KUALA LUMPUR: Total asset solutions provider, UEM Edgenta Bhd is banking on its healthcare support business to continuously drive growth for revenue and profits in the current financial year ending Dec 31, 2019.