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PETALING JAYA: A better first quarter financial result is expected for Telekom Malaysia Bhd (TM) as the company continues with its cost-cutting measures
PETALING JAYA: The Armed Forces Fund Board (LTAT) and its 59.43%-owned subsidiary Boustead Holdings Bhd would see another shake-up in its top management in less than four months.
PETALING JAYA: There are changes taking place in the top positions of two government-linked investment companies (GLICs) namely Armed Forces Fund Board (LTAT) and Lembaga Tabung Haji (TH).
PUTRAJAYA: With data being “the new gold”, Malaysia is set to enjoy economic ripple effects from the RM4bil “Bersama Malaysia” initiative with tech giant Microsoft Corp that will also strengthen the country’s potential as a regional data hub.
PUTRAJAYA: Microsoft Corp, through its newly-launched "Bersama Malaysia” initiative, has signed five memoranda of understanding (MoUs) with government agencies and local companies to train about one million Malaysians by end of 2023 to help create economic opportunities for people and businesses in the digital era.
The new entity, Celcom Digi Bhd, will become the biggest player locally, with an estimated annual revenue of RM12.4bil and 19 million subscribers or about a 40% market share. How will this affect the local telco landscape?
AFTER Digi.com Bhd and Axiata Group Bhd’s subsidiary Celcom Axiata Bhd announced their merger plan to become the country’s largest telecommunications company, both stocks soared significantly.
THE merger between Celcom Axiata Bhd and Digi.Com Bhd opens an interesting question of whether a similar merger of equals in the banking sector also needs to take place.