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Corporate News Premium

New logistics providers jump on the bandwagon

Competition in the logistics space is heating up. But it is taking on a new dimension – the entry of well-funded startups looking to cash in on the growing e-commerce trends.

Business

The rich became poorer by RM22bil

FOR the first time in five years, the 40 wealthiest Malaysians saw their wealth decline. The total wealth of the top-40 Malaysians based on their shareholdings in listed companies dropped by RM22.4bil to RM268.1bil as of end-2018.

Business Premium

GDex seizes opportunity to enter Indonesian market

Company taking advantage of weaker rupiah to buy stake in SAP

Business

GDEx to grow C2C business

PETALING JAYA: GD Express Carrier Bhd (GDEx) intends to grow the company’s customer-to-customer (C2C) segment with a two-pronged approach, through its own GDEx outlets and retail postal firm Mail Box Etc Malaysia (MBE Malaysia).

Business

GDex buys retail postal firm MBE for RM5.5mil

PETALING JAYA: Courier company GD Express Carrier Bhd (GDex) is acquiring retail postal and business services firm MBE Malaysia for RM5.5mil.