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Business 13 Apr 2012 | 12:00 AM

M’sian firms urged to invest in branding to move up value chain

KUALA LUMPUR: Malaysian companies must invest in branding to meet international standards as part of moving up the value chain to ensure their profitability and survival amid intensifying competition in global market, said Domestic Trade, Cooperative and Consumerism Minister, Datuk Seri Ismail Sabri Yaakob.

Business 29 Mar 2012 | 12:00 AM

MAS-AirAsia share swap probe still ongoing

GEORGE TOWN: Investigations into the share agreement between Malaysia Airlines (MAS) and AirAsia Bhd is still ongoing, said the Malaysia Competition Commission (MYCC).

Business 27 Mar 2012 | 12:00 AM

Record Bank Rakyat profit

KUALA LUMPUR: Bank Rakyat Bhd posted a record net profit for its financial year ended Dec 31, 2011, jumping 49.5% to RM2bil versus 2010.

Business 11 Jan 2012 | 12:00 AM

Govt expects franchise industry to comprise 9.4% of GDP by 2020

KUALA LUMPUR: The Domestic Trade, Co-operatives and Consumerism Ministry expects the franchise industry to make up 9.4% of the country’s gross domestic products (GDP) by 2020 from 2.2% in 2010, to be supported by four strategic thrusts identified in the newly launched National Franchise Development Blueprint 2012-2016 (NFDB).

Business 27 Dec 2011 | 12:00 AM

Plans to invest RM10mil to introduce 3-in-1 concept at Cosway shops in M'sia

TOKYO: Cosway Corporation Ltd plans to introduce a 3-in-1 concept at Cosway shops throughout Malaysia beginning next month with an investment of RM10 million.

Business 19 Nov 2011 | 12:00 AM

Govt calls on local franchisors to tap Indonesia’s expanding market

JAKARTA: The Government hopes more local franchisors will grab business opportunities in Indonesia, which offers a bigger market for the franchise business.

Business 12 Nov 2011 | 12:00 AM

53 auto workshops nationwide will get facelift

KUALA LUMPUR: The Domestic Trade, Cooperatives and Consumerism Ministry expects 53 automotive workshops around the country to receive facelift by the year-end under its Automotive Workshop Modernisation (ATOM) project.

Business 31 Aug 2011 | 12:00 AM

Govt won’t stop Esso deal

KUALA LUMPUR: The Government's effort to get a Malaysian company to acquire the ExxonMobil Corp's 65% stake in Esso Malaysia Sdn Bhd has reached a dead end, said Domestic Trade, Cooperatives and Consumerism Minster Datuk Seri Ismail Sabri Yaakob(pic).

Business 23 Jul 2011 | 12:00 AM

Meeting on HPA issues postponed

PETALING JAYA: The meeting scheduled yesterday between the Malaysian Automotive Association, various automotive stakeholders and the Domestic Trade, Cooperatives and Consumerism Ministry to 'iron out' issues regarding the controversial amendments to the Hire Purchase Act 1967 (HPA) has

Business 05 Jul 2011 | 12:00 AM

Six SRIs, Public Finance to create RM13bil fiscal space

KUALA LUMPUR: Six strategic reforms initiatives (SRIs)announced today, which includes the Public Finance SRI, aims to create RM13 billion in fiscal space and complete the framework for the Economic Transformation Programme (ETP).