BusinessToday's Trending Stories
Government Raises Water Tariff By 22 Sen Starting February 1
SPAN the agency that oversees water management in the country said the implementation of domestic water tariff adjustments in Peninsular Malaysia and the Federal Territory of Labuan is set to take effect from February 1, 2024.
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UEM Edgenta Reinforces Anti-Corruption Commitment On Annual Integrity Day
UEM Edgenta Berhad, a prominent Asset Management and Infrastructure Solutions company, reinforced its dedication to ethical and transparent business practices during its annual Integrity Day event. Themed “Reinventing the Future Through Good Governance,” the event signaled UEM Edgenta’s strategic initiatives to enhance its commitment to good governance.
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Perodua Aims 2025 For Mass EV Production With Possibly A New Partner
Trade and Investment Minister Tengku Zafrul has stated that local car manufacturer Perodua is aiming to mass produce electric cars inn 2025 after its preliterary discussion with an international car brand.
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Malaysian-based Food Startup Secures $1.5Million To Expand In Malaysia, Singapore, UK
Malaysian-based food startup, Meals in Minutes, has successfully secured USD 1.5 million in a seed funding round led by the early-stage venture fund and seed accelerator, 500 Global, with participation from a private investor. The new capital infusion is intended to drive Meals in Minutes’s expansion across Malaysia and Singapore and establish a strong presence in the United Kingdom. The funding will also support research and development initiatives to diversify the startup’s food product offerings and enhance marketing efforts for broader market reach.
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SPAN: Water Service Operators Face License Withdrawal For Failure To Meet KPIs
Water service operators under the regulatory oversight of the National Water Services Commission (SPAN) may have their licenses revoked if they fail to achieve key performance indicators (KPIs) in providing water supply services as stipulated. This provision is outlined in the Water Services Industry Act 2006 (Act 655), according to Deputy Minister of Energy Transition and Public Utilisation Akmal Nasrullah Mohd Nasir.
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CGS-CIMB Keeps Hold Call On Maxis; More Clarity On 5G Network Soon
CGS-CIMB reiterates HOLD call on Maxis Bhd to reflect the new trading range post industry consolidation announced in 2021, when the Celcom-Digi merger was announced compared to a post-2010 range, previously.
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RM10 Billion Komtar-Bayan Lepas LRT To Be Presented To Cabinet
The RM10 billion Komtar – Bayan Lepas Light Rail Transit (LRT) project will be finalised very soon said Transport Minister, Anthony Loke Siew Fook.
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Foong Mun To Succeed Datuk Johan As Managing Partner At KPMG
KPMG in Malaysia has announced the election of Foong Mun Kong as its incoming Managing Partner with effect from 1 January 2025. who will succeed Datuk Johan Idris who will take on a new role as the firm’s Non-Executive Chairman at the end of his tenure as Managing Partner on 31 December 2024.
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Boost Launches Nationwide Expansion Of Shariah-Compliant PayFlexTM Solution
Boost has announced the nationwide expansion of its Shariah-compliant PayLater solution, Boost PayFlexTM, offering controlled credit lines for both online and offline transactions. This innovative offering allows pre-scored Boost app users with Premium Wallet accounts to access a Shariah-compliant credit line, stretching payments for up to 3 months at over 1.8 million DuitNow QR merchants across Malaysia, as well as to top-up the Boost wallet balance, which enables PayLater options for all in-app transactions, including bill management, online shopping, food delivery, and more.
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MGA Set To Host 2nd Edition Of Malaysia Gold Conference 2024 In Kuala Lumpur
The Malaysia Gold Association (MGA) is gearing up to host the highly anticipated 2nd Edition Malaysia Gold Conference 2024 in the capital city, promising to advance the gold industry to greater heights amidst local and global challenges. Scheduled for 28th February 2024 at the prestigious JW Marriott Hotel, the event is expected to draw in gold enthusiasts, traders, bankers, jewellers, and investors from Malaysia and regional countries.
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