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KUALA LUMPUR: Malaysia’s Small and Medium Enterprises’ (SMEs) contribution to the gross domestic product (GDP) increased to 38.9 per cent in 2019 from 38.3 per cent in 2018, according to the Department of Statistics Malaysia (DOSM).
JAKARTA: A feud has erupted over the inheritance of billions of dollars of businesses controlled by Indonesia’s Sinar Mas, with one of the children of the group’s late founder seeking a share of the empire spanning palm oil to banking and property.
KUALA LUMPUR: FGV Holdings Bhd is stepping up its renewable energy projects in a move to speed up its recovery strategy from the Covid-19 pandemic.
PETALING JAYA: NTPM Holdings Bhd’s earnings may hit an inflection point in the fourth quarter ended April 30, on increased capacity and margins from lower raw material prices.
KUALA LUMPUR: Kossan Rubber Industries Bhd has found a new buyer for its 39.04 ha vacant land in Kuala Langat, Selangor, which it plans to sell for RM153.38mil to raise funds for the development of two pieces of industrial land in PerakKo
KUALA LUMPUR: Kossan Rubber Industries Bhd has agreed to sell its land in Kuala Langat, Selangor to a new buyer at a higher price, less than three weeks after it terminated a deal with a paper and pulp producer.
JAKARTA: Indonesia posted a larger-than-expected trade surplus in February with exports surging and imports contracting amid disruptions in global supply chains due to the coronavirus outbreak, data from the statistics bureau showed.
BOGOTA:Nearly half of the 500 top global companies and investment firms that produce, use or finance commodities posing a threat to forests have made no public commitment to prevent deforestation in their supply chains, researchers said on Wednesday
JAKARTA: Indonesian President Joko Widodo has called for fiscal stimulus to be accelerated in a bid to shield South-East Asia’s biggest economy from the coronavirus crisis. "All ministries should start spending as early as possible, ” Widodo said Tuesday, adding that the speed at which stimulus is rolled out will be crucial in supporting the economy.
KUALA LUMPUR: The glove maker said proceeds from the proposed disposal will be utilised to hasten the development of its land in Bidor, Perak, where the company is planning to consolidate and centralise all its future business expansion programme.