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Bestinet sets its eyes on going global

PETALING JAYA: Being the pioneer of an end-to-end platform for the management of foreign workers in Malaysia, Bestinet Sdn Bhd is now aiming to expand its Foreign Workers Centralised Management System (FWCMS) to more countries around the world.

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Foreign worker migration overhaul

THE management of foreign worker migration processes has long been a contentious issue largely because of many unnecessary layers and costs. Rendered helpless, the biggest victims are often the workers who, based on official data, already number more than a million in the country.


UOB Kay Hian Research retains buy on My EG

KUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining its Buy call on My E.G. Services with an unchanged target price of RM1.62, implying 20 times 2019F price-to-earnings.


Bangladeshi worker recruitment: 'Monopoly' was mostly KL's doing, say officials

DHAKA (The Statesman/Asia News Network): The previous Najib Razak-led Malaysian government had created the manpower syndicate which “monopolised” the recruitment of Bangladeshi workers in the Southeast Asian country, according to officials and documents obtained by The Daily Star.


For the record

IT has been brought to our attention that there are a few inaccuracies in the article “Bestinet fails to reverse Nepal’s worker ban” published on Aug 1.


MY EG Services cut to Hold after share price rally

KUALA LUMPUR: UOB Kay Hian Malaysia Research has downgraded MY E.G. Services to Hold as the share price rallied 47% in the past month and increase its target price to RM1.27 as it rolls forward its valuation to 2019. Entry price: RM1.14.


Bestinet fails to reverse Nepal’s worker ban

PETALING JAYA: A meeting between Bestinet Sdn Bhd and Nepal government officials to reverse a decision to bar its workers from coming to Malaysia has failed to yield any result.