Rubber Market Closes Higher As Regional Rubber Futures Markets Rally
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market continued its upward trend to close higher today.
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Govt Approves RM489.5 Bln In Investments From 2023 To June 2024 - MITI
KUALA LUMPUR, Dec 3 (Bernama) -- The government has approved a total of RM489.5 billion in investments in the manufacturing, services, and primary sectors from 2023 to June 2024, according to Deputy Minister of Investment, Trade and Industry Liew Chin Tong.
BNM Issues Three Commemorative Coin Designs For Sale Until Dec 9
KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has issued three different commemorative coin designs in conjunction with the 150th anniversary of the Public Works Department (JKR), 50th anniversary of the Rubber Industry Smallholders Development Authority (RISDA), and the 50th anniversary of Malaysia-China Diplomatic Relations (MCDR).
MDA Announces Tax Incentive For Sponsors Of 28th GHWP Meeting, IMDEC 2024
PUTRAJAYA, Dec 2 (Bernama) -- The Medical Device Authority (MDA) has announced a tax deduction incentive under subsection 44(11C) of the Income Tax Act 1967 for sponsors providing cash contributions to support the 28th Global Harmonisation Working Party (GHWP) Annual Meeting and the International Medical Device Exhibition and Conference 2024 (IMDEC 2024).
Malaysia Needs More Than Policies For Green Port Transformation -- Port Klang Authority
KUALA LUMPUR, Nov 29 (Bernama) -- The greening of Malaysia’s port sector needs more than policies for green port and sustainable practice transformation, said Port Klang Authority (PKA) general manager Captain Subramaniam Karuppiah.
BMW Launches Phase 2 Of Regional Parts And Distribution Center In Senai
KUALA LUMPUR, Nov 28 (Bernama) -- BMW Group Malaysia has launched Phase 2 of its regional parts and distribution centre, significantly expanding the cutting-edge facility located at the Free Industrial Zone in Senai International Airport.
Welspun One Invests US$325 Mln To Develop India's Largest Logistics Facility
KUALA LUMPUR, Nov 28 (Bernama) -- Welspun One, India’s fastest-growing new-age logistics and industrial real estate manager, is investing US$325 million in the country’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. (US$1=RM4.43)
Transport Ministry Forms Committee To Review Maritime Law, Port Acts
KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.
Entrepreneurs Hail Labuan Connect! For Boosting Income, Visibility
LABUAN, Nov 24 (Bernama) -- Entrepreneurs participating in the inaugural Labuan Connect! programme on Saturday expressed their enthusiasm, describing it as a valuable platform for increasing income and building stronger connections with the Malaysian National News Agency (Bernama).
Outlook For DUAE Segment Remains Positive Despite Capacity Challenges, Says AM Best
KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.
Tesla Using Components From Local Suppliers, Involved In Technology Transfer -- MITI
KUALA LUMPUR, Nov 21 (Bernama) -- US electric vehicle (EV) maker Tesla has used components from about 45 local suppliers directly or indirectly to date, which also involves technology transfer to the suppliers, according to the Investment, Trade and Industry Ministry (MITI).
CKD Corp Unveils Advanced Manufacturing Plant In Kulim Hi-Tech
KUALA LUMPUR, Nov 21 (Bernama) -- CKD Corporation today unveiled the construction of its state-of-the-art manufacturing facility at Kulim Hi-Tech Park, Kedah, marking a significant milestone in Malaysia's industrial development.