BusinessToday's Trending Stories
YNH Property Infuses Young Blood To The Board
YNH Property has appointed 30 year old Ms. Lee Zhi Yan (“Ms Elsha”) as its new independent non executive director effective 1 March 2024 who is relatively new in the property industry.
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Fertility Care Company Aims To Raise RM466.5 Million From Ace Market
Fertility care specialist, Alpha IVF Group Berhad and its subsidiaries aim to raise RM466.5 million from its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad.
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Selangor To Take On Penang In Semiconductor Investment
The Selangor government said it will be unveiling its plan to develop the semiconductor industry in the state in a clear sign that it will be competing with Penang for the foreign direct investment that has been mostly heading into the northern state.
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Bursa In Negative Territory At Midday
Bursa Malaysia stayed in negative territory at midday on Friday, due to persistent selling of selected heavyweights, especially in the financial services sector.
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Malaysia, Singapore Business Community Seeking To Enhance Economic Ties In Johor
The Malaysian International Chamber of Commerce and Industry (MICCI) and the Singapore International Chamber of Commerce (SICC) have signed a Memorandum of Understanding (MOU) to strengthen business relations and promote mutual cooperation between their business communities.
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AAX FY Revenue Jumps Four Fold To RM2.52 Billion
During the period, the Group reported a revenue of RM2.52 billion, over four times the revenue reported in the same period of FY22 when the group recoded a revenue of RM658 million., full year net profit was at RM366 million compared to RM33 billion.
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LV The Place Bangkok Opens
Louis Vuitton has announced their new concept in Bangkok, Thailand, with the grand opening of ‘LV The Place Bangkok’ at Gaysorn Amarin. This innovative destination encompasses a store, café, restaurant, and immersive exhibition, promising visitors an unforgettable experience within the Louis Vuitton universe.
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IRB Targets Tax Collection Of RM197 Billion This Year
The Inland Revenue Board (IRB) is aiming to collect a total of RM197 billion in taxes this year after achieving its highest collection ever last year, amounted to RM183.34 billion. The ratio of this collection to GDP stands at 9.91%, which is also higher than the direct tax-to-GDP ratio for Asia-Pacific countries, which typically falls within the range of 8%.
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VFlowTech’s Battery Technology Might Advance Malaysia’s Low Carbon Mobility Blueprint
“VRFBs present diverse opportunities to advance Malaysia’s Low Carbon Mobility Blueprint target through its PowerCube.” Dr. Avishek Kumar (pic) said.
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MTDC, MDEC Ink MoU To Boost Digitalisation In Halal Industry
The Malaysian Technology Development Corporation (MTDC) and Malaysia Digital Economy Corporation (MDEC) have signed an agreement aimed at fostering the growth of homegrown technology and digital companies. The Memorandum of Understanding (MoU) serves as a platform to expand technology-based development programs and promote the adoption of digital technology among Malaysian businesses.
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