BusinessToday's Trending Stories
Malaysian Food Start Up Concept Ready To Take On Global Expansion With US$1.5M Seed Funding
Recently a Malaysia-based food start up, Meals in Minutes has secured USD1.5 million in seed funding, with 500 Global leading the investment by and joined by an undisclosed private investor. The startup with concept born out of necessity for amateur cook and busy individuals is planning for their expansion in United Kingdom (UK), Malaysia and Singapore using the seed funding they received.
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San Miguel Led Consortium Picked To Upgrade Ninoy Aquino Airport
The Philippines’ main international gateway will finally get a much-needed facelift after the government successfully bid out a $3 billion contract to modernise the airport, ranked as among the worst in the world.
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KWAP Makes First Startup Investment In Bateriku, Lapasar And 2 VCs
Kumpulan Wang Persaraan has announced the first batch of investments made under its Dana Perintis strategy, amounting to RM100 million which comprises of two direct investments in Malaysian startups and two Venture Capital (VC) fund commitments.
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Tan Chong Unveils First Large Scale Floating Solar Plant
TC Sunergy Sdn. Bhd., a subsidiary of Tan Chong Motor Holdings Berhad has unveiled its first Floating Large-Scale Solar Photovoltaic (LSSPV) plant in Serendah, Selangor which began operations on 5 January 2024.
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Malaysia’s Q4 GDP Expands By 3%, Caps 2023 At A Respectable 3.7% Growth
The Central Bank released the most anticipated quarterly GDP figures today, indicating that the Malaysian economy had expanded by 3% in the fourth quarter of 2023(3Q 2023: 3.3%; 2Q 2023: 2.9%) with household spending remained supported by improving labour market conditions and easing cost pressures.
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AirAsia To Almaty, Kazakhstan: Flash Sale With Fares Starting From RM88
AirAsia announced a flash sale for flights to Almaty, Kazakhstan, with fares starting from RM88 all-in for a one-way journey. The flash sale is available from 10 am to 6 pm today. According to a statement from the budget carrier, flights from Kuala Lumpur to Almaty will depart at 12:50 pm, and return flights from Almaty to Kuala Lumpur will depart at 8:05 pm every Tuesday, Thursday, Saturday, and Sunday.
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Dr. Irmohizam Ibrahim Receives “Professor” Title During UGM 16th Convocation Ceremony
During the 16th Convocation Ceremony of the University Geomatika Malaysia (UGM) held at the Kuala Lumpur Convention Centre yesterday, Datuk Seri Dr. Irmohizam Ibrahim, the Group Managing Director of World Trade Centre Kuala Lumpur, was honored with the Professor of Practice Award (Strategic Management), conferring him the title of “Professor”. The prestigious professorship was presented by Toh Puan Datuk Wira (Dr.) Hajah Asmah binti Abdul Rahman, the Chancellor of UGM.
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Sunway’s Singapore Land Win, GDV Estimated At RM2.3 Billion
Maybank IB believes Sunway’s latest land acquisition (5 acres) at Plantation Close, Tengah, with its long-time JV partner, Hoi Hup, will help to diversify its property business geographically and tap into the steady demand for Executive Condominiums in Singapore. Maybank IB estimates the project GDV to be SGD676m (x3.5 RM2.3b)
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Cabinet Does Not Approve Of Malaysia Madani White Rice As Yet
The new Malaysia Madani white rice will need prior Cabinet approval, said Agriculture and Food Security Ministry secretary-general Datuk Lokman Hakim Ali. He added that Cabinet approval is necessary in this matter as local white rice is a controlled food item.
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Google Announces Free AI Cyber Tools to Bolster Online Security
Alphabet Inc.’s Google announced an initiative to provide artificial intelligence tools and investments to bolster online security, as the emerging technology is increasingly used to both protect against and perpetrate cybercrime.
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