BusinessToday's Trending Stories
PDC Reveals RM5 Billion Plan, To Expand Penang Land Bank By 3,000 Acres
Penang Development Corporation (PDC) has unveiled their strategic plan for the next five years, aiming to expand its land bank in the state by an impressive 3,000 acres. The plan, which encompasses 15 projects spanning from 2024 to 2028, is estimated to cost around RM5 billion.
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Common Ground Creates Strong Trade Opportunities, Ministers Agree
In a bid to uplift Canadian – Malaysian trade and bilateral ties, a 270-delegate strong Team Canada Trade Mission (TCTM) held a mutual beneficial event in Malaysia today (Mar 25) to increase mutual trade and investment opportunities for both nations.
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PADU Registration Hits 7.7 Million, Avoid Missing Out Says Ministry
“PADU has witnessed a sudden increase in registration rates throughout the past week. As of 11:59 PM on March 24, 2024, the number of registrations has surged to 7.7 million, up from 5.4 million recorded on March 17, 2024.” the Minister of Economy, Rafizi Ramli said in a statement today (Mar 25).
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France Raises Terror Alert Warning To Highest Level
The French government is raising its terror alert warning to its highest level following the shootings on Moscow, Prime Minister Gabriel Attal said on Sunday after a meeting with senior security and defence officials with President Emmanuel Macron.
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Ex-Singapore Transport Minister Slapped With 8 New Charges
Former Transport Minister S Iswaran returned to court on Monday (Mar 25) to receive eight fresh charges, two months after he was first charged with multiple offences including corruption.
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Prolintas Makes Its Debut On Bursa At 95 sen
Malaysia’s first listed Islamic business trust, Prolintas infra Business Trust debuts on the main market today opening at 95 sen.
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Overqualified For Their Jobs, Or Underqualified As Graduates?
By Chia Chu Hang
Khazanah Research Institute (KRI) published a research report in March, and its findings are worrying, but not too surprising. The report claimed 60% of graduates were in high-skilled employment in 2021. However, it also revealed that 48.6% of the graduates are overqualified for their jobs, and one-third of experienced graduates are working in positions that require different qualifications.
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Foreign Investors Disposed RM313 Million Worth Of Equities
Foreign investors maintained their selling momentum on Bursa Malaysia for the fourth consecutive week, where they net sold –RM313.8m worth of equities, which was –24.4% lower than the week before.
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Malaysian Employees Brace For Conservative Salary Raise: Survey
Hays released the 2024 Asia Salary Guide which surveyed 2,014 skilled professionals and 832 employers from Malaysia, the survey showed that employers saw a shift towards more conservative estimates, with more companies either looking to give raises of between 3% and 6%. Employers looking to give raises up to 3% or surpassing 10% fell in comparison to 2023.
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Stock Picks Of The Day — GDB, Gadang, Three-A Resources, Kia Lim
GDB has formed a bullish set-up after breaking past a key resistance.
RHB Retail Research in a note today (Mar 25) said the counter climbed above the MYR0.255 resistance on the back of high volume – showing that a strong bullish momentum is underway.
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