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BUSINESS News List

SC chairman elected vice chair of International Organisation of Securities Commission

KUALA LUMPUR, Feb 12 (Bernama) -- The Securities Commission Malaysia (SC) chairman Datuk Syed Zaid Albar has been elected vice-chair of the International Organisation of Securities Commissions (IOSCO) Growth and Emerging Markets (GEM) Committee.

Disposal of Eagle High stake up to FELDA - Azmin

PETALING JAYA, Feb 12 (Bernama) -- The government will not interfere with the decision of the Federal Land Development Authority (FELDA) to dispose of a 37 per cent stake in PT Eagle High Plantation to the Rajawali Group. 

MARii, MAG Technology team up to expand cooperation in auto sector

SEREMBAN, Feb 12 (Bernama) – Malaysia Automotive, Robotics and IoT Institute (MARii) and MAG Technology and Trading Sdn Bhd today signed a memorandum of understanding (MoU) to expand cooperation in implementing a business model based on the integrated vehicle service centre or I-workshop.

Amal by Malaysia Airlines targets 60 pct share of haj, umrah flights

SEPANG, Feb 12 (Bernama) -- Amal by Malaysia Airlines, the national carrier’s special charter service which caters specifically for haj and umrah pilgrims, is targeting to corner 60 per cent of Malaysia’s haj and umrah flight market within one to two years from the current 50 per cent.

Carlistbid.my new inspection hub caters to increasing demand

KUALA LUMPUR, Feb 12 (Bernama) -- Carlistbid.my, a brand under Carlist.my has opened its second inspection hub in Glenmarie, Shah Alam to cater to increasing demand for cars, via its auction platform.

BNM international reserves at US$102.1 bln as at Jan 31

KUALA LUMPUR, Feb 12 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves amounted to US$102.1 billion, as at Jan 31, 2019, higher than the US$101.7 billion recorded as at Jan 15, 2019.

Economic Action Council not due to PM's disappointment with cabinet: Azmin

SEPANG, Feb 12 (Bernama) -- Economic Affairs Minister Datuk Seri Mohamad Azmin Ali has denied speculation that Prime Minister Tun Dr Mahathir Mohamad established the Economic Action Council (EAC) due to dissatisfaction with the cabinet’s performance.