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PETALING JAYA: Strong fiber adoption from the national digital network (Jendela) project, net additions for Unifi and higher growth for wholesale and data revenues are expected to lift Telekom Malaysia Bhd’s (TM) earnings going forward.
KUALA LUMPUR: Kenanga Research expects OCK Group Bhd's overall earnings to remain highly sustainable due to solid recurring revenue streams and potential benefit from upcoming government initiatives.
KUALA LUMPUR: A total of RM620mil of the RM800mil allocation for the maintenance of institutions that fall under the Education Ministry has been set aside for schools in Budget 2021.
MCMC has rescinded its tender offer for the NFCP in favour of a new RM4.6bil tender offer for Jendela, which it expects to close by March 31 next year.
THE Covid-19 pandemic has spurred a huge rise in digital investments globally, and to further ride on this wave, Malaysia is positioning itself as the digital hub of Asean.
“I am relieved that the government has allowed us to take out money from Account 1 of our Employees Provident Fund (EPF). I sell flowers and cookies from home to earn a living while my husband works in Singapore. My business was badly hit due to Covid-19 and my husband was unable to send back as much money as he used to as he now has extra expenses to bear due to the closure of the border. He used to travel back and forth between Johor and Singapore daily but he now has no choice but to remain in Singapore where he has to fork out extra cash for his rent there as well as for his daily basic needs. I am depending on my sales here for my five children who are between 14 and 24-years-old. Three of them are schooling while two are still looking for jobs. The money from the EPF really helps to ease our burden but I have made it a point to only take it out when we are desperate. ”S. Sumathi, 47, trader
TWENTY-FIVE telecommunication towers being built in Kedah are expected to be operational in stages starting in the first quarter of next year, the state legislative assembly was told.
KUALA LUMPUR (Bernama) -- The tender for infrastructure works at 1,661 sites involving an investment value of RM4.6 billion under the National Digital Infrastructure Plan (Jendela) will be closed on March 31, 2021 giving ample time for any party to participate.