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Approved investments at RM164bil in 2020
KUALA LUMPUR: Malaysia recorded RM164bil in approved investments through 4,599 projects in the manufacturing, services and primary sectors in 2020, with China as the top investor, according to the Malaysian Investment Development Authority’s (Mida) data.
Celcom Axiata allocates RM1bil for 2021 capex
PETALING JAYA: Celcom Axiata Bhd is allocating capital expenditure (capex) of RM1bil for 2021 to increase its network capacity, reduce network traffic congestion and improve its 4G coverage nationwide.
Job fair to match industry and graduates
LET 2021 be a time for new beginnings as it is all systems go for businesses in Batu Kawan, Penang as they push for growth this year.
Hibiscus Petroleum to ride on oil price momentum
PETALING JAYA: Rising oil prices will help boost the prospects of Hibiscus Petroleum Bhd and lift investor sentiment towards its shares.
‘Industrial chain chiefs’ to promote high-quality development
HARBIN: Northeast China’s Heilongjiang province will introduce an “industrial chain chief” scheme to promote the high-quality development of industrial chains.
i-Sinar – A RM56bil question mark
THE Ministry of Finance recently announced that the Employees Provident Fund (EPF) will enhance the i-Sinar withdrawal scheme for members by removing the previously imposed criteria for members subject to remaining balance in the account itself.
Ringgit slightly higher on rising oil prices
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today as positive oil prices offset Movement Control Order (MCO) worries.
S’pore firms turn positive amid vaccine rollouts
SINGAPORE: The business expectations of firms in both the manufacturing and services sectors turned positive after a year of gloom, with sentiment boosted by the start of Covid-19 vaccinations across countries.
Gold futures likely to trend higher this week
KUALA LUMPUR: The gold futures on Bursa Malaysia Derivatives is expected to trend higher this week on improved demand for the precious metal.
Top Glove to vaccinate all staff once Covid-19 vaccine made available
KUALA LUMPUR: Top Glove Corporation Bhd has pledged to vaccinate all its staff, including foreign workers, once the COVID-19 vaccine is made available.
