MPKK: Federal Government not involved in appointments, paying allowance [ 5h ago ]

BUSINESS News List

15 countries involved in RCEP conclude negotiations without India

Exclusive report Linda Khoo Hui Li & Voon Miaw Ping

BANGKOK , Nov 4 -- The 15 participating countries in the Regional Comprehensive Economic Partnership (RCEP) have concluded the negotiations tonight, leaving India out of the deal which would have been the largest trade pact in the world.

Malaysia's export contraction part of global demand weakness -- economists

Exclusive report by Azlee Nor Mahmud

KUALA LUMPUR, Nov 4  -- Malaysia's exports in September, which contracted 6.8 per cent year-on-year (yoy), the hardest fall since October 2016, is part of weaknesses in global demand that affects the rest of the world, economists said.

Malaysia Airlines offers up to 35 pct off fares during Year End Sale

KUALA LUMPUR, Nov 4  -- Malaysia Airlines Bhd is offering up to 30 per cent off on its Economy Class air fares and up to 35 per cent off on Business Class air fares to all destinations from Nov 5 to 18 under its Year End Sale (YES) promotion.

Lynas teams up with MARA Corp to develop downstream sector

KUALA LUMPUR, Nov 4  -- As the largest producer of rare-earth materials outside China, Lynas Malaysia Sdn Bhd is presenting Malaysia with an opportunity to be at the industry's leading edge by developing the downstream sector.

TH says financial health restored after asset transfer

KUALA LUMPUR, Nov 4  -- Lembaga Tabung Haji (TH) says it has restored its financial health after completing its restructuring plan in May this year by transferring under-performing assets to Syarikat Urusharta Jemaah Sdn Bhd (Urusharta Jemaah).

Government's RPGT collection for properties disposed after 5 years hit RM81.5 mln as of August

KUALA LUMPUR, Nov 4 -- The government collected RM81.52 million in real property gains tax (RPGT) in the first eight months of this year from the disposal of properties held for more than five years, which involved 8,554 transactions.

DRB-Hicom plans up to RM3.5 bln Sukuk Wakalah programme

KUALA LUMPUR, Nov 4  -- DRB-Hicom Bhd has proposed an Islamic medium terms notes (Sukuk Wakalah) programme of up to RM3.5 billion in nominal value under the Shariah principle of Wakalah Bi Al-Istithmar with the tenure of up to 30 years.