BusinessToday's Trending Stories
Business Events: A Powerhouse In Fuelling Malaysia’s ESG Solutions
Business Events Sarawak (BESarawak) has been on the right path in realising its vision of driving intangible value and economic impact through the business of meetings, incentives, conventions, and exhibitions — or business events — for Sarawak and Malaysia’s future, above creating a robust and progressive business destination.
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Masimo Medical Device Manufacturing Plant Opens In Johor
Masimo Medical Technologies Malaysia Sdn. Bhd. (Masimo Malaysia), a mission-based medical device and technology company known for solving “unsolvable” problems in patient care, has opened its first facility in Malaysia at Pasir Gudang, Johor.
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China’s 2024 Economic Targets Scrutinised
China will target economic growth of around 5% this year as it works to transform its development model, curb industrial overcapacity, defuse property sector risks and cut wasteful local government spending, Premier Li Qiang said on Tuesday.
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CIMB Islamic, Petronas Sign First TMA For Shariah Compliant Commodity Derivatives
CIMB Islamic Bank Berhad and PETRONAS have signed an inaugural Tahawwut Master Agreement for Shariah Compliant Commodity Derivatives which marks the national oil and gas being the first corporation in Malaysia to utilise the bank’s Islamic Shariah-compliant commodity hedging instruments for Islamic Energy Commodity Derivative trades.
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Special Act To Raise Minimum Salary For TVET Grads To RM4000
The government is considering to draw up a special salary act for Technical Education and Vocational Training or TVET graduates by making a minimum wage target of RM4,000 and above.
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Crest Builder Order Book Swells To RM1.8 Billion With RM448 Sunway Contract
Crest Builder Holdings Berhad has accepted a Letter of Award from Sunway Velocity Three Sdn Bhd for a total contract value of RM448.5 million for the construction of the Sunway Velocity 3 commercial development, located in section 90, Jalan Shahbandar, Kuala Lumpur.
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Solarvest Lands Deal To Install Solar System Across 300 Petronas Station
Petronas wholly owned subsidiary Gentari Renewables is engaging with Solarvest Energy Sdn Bhd to install solar power systems at over 300 of its stations across Malaysia.
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Foreign Worker Policy Change Leaving Industry In Limbo
The Malaysian International Chamber of Commerce and Industries shared its concern over the Home Ministry’s recent decision to cancel unused foreign worker allocations, effectively not allowing the entry of foreign workers into the formal sector with active quotas starting 1 June this year.
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Reacting After Implementing SST, Shows Poor Policy-Making
With the Sales and Service Tax (SST) increase already in effect as of 1 March 2024, and the Ministry of Transport (MOT) only now initiating discussions with the Ministry of Finance (MoF) to possibly maintain the SST for domestic flights at a more palatable 6%, concerns about the timing and its implications for the rakyat are understandably heightened. This delay in addressing an issue of significant public interest raises questions about the alignment of policy implementation with the welfare and expectations of the rakyat.
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Main Market Bound Keyfield Inks Underwriting Deal With M&A Securities
Keyfield International Berhad has signed an underwriting agreement with M&A Securities Sdn Bhd, in conjunction with its upcoming initial public offering and listing on the Main Market of Bursa Malaysia Securities Berhad.
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