BusinessToday's Trending Stories
Malaysia’s First New Energy Vehicle (NEV) Manufacturing Plant To Begin Operations In 2025
NexV Manufacturing Sdn Bhd (NMSB), a joint venture between Careplus Group Berhad and GoAuto Group Sdn Bhd, has initiated the construction of Malaysia’s first green technology facility dedicated to the production and assembly of New Energy Vehicles (NEV), including electric vehicles (EVs).
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Batik Air To Offer Fixed CNY Fare For KL-Sibu: Minister
Local airline Batik Air will offer a fixed airfare of RM399 for flights from Kuala Lumpur to Sibu across the Chinese New Year festive period between Feb 6 and 9, Transport Minister Anthony Loke said today (Jan 12).
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Building Materials Unit Price Index Rises Almost 0.2% In Dec 2023 Across Nation: DOSM
The unit price index of steel recorded an increase between 0.2 per cent to 1.8 per cent for almost all areas in December 2023 as compared to the previous month. The highest increase in the unit price of steel were in Perak (1.8%), followed by Johor (1.1%) and Selangor, W.P. Kuala Lumpur, Melaka & Negeri Sembilan (0.2%).
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Middle Eastern ‘White Knight’ Investor To Secure MyAirline – Sources Say As Ops To Resume
MYAirline Sdn Bhd, which abruptly halted all operations on October 12, 2023, has reportedly concluded a sale and purchase agreement (SPA) with an undisclosed investor from the Middle East.
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Selangor Invites Application For Free Water
Selangor residents who either have permanent residence of renting and with a household income below RM5,000 have been invited to apply for a free water scheme of 20 cubic meters per month.
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CGS-CIMB Turns Positive On MR DIY’s Growth Trajectory, Upgrades Call To ADD
CGS-CIMB upgrades its call to ADD from HOLD for MR DIY Group Bhd as it turned positive on its growth trajectory driven by its focused store expansion and private label strategy.
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Fitbit Founders To Leave As Google Cuts Manpower
Alphabet’s Google said on Wednesday (Jan 10) it is laying off hundreds of employees across multiple teams, with Fitbit co-founders James Park and Eric Friedman also leaving the company, as the tech giant continues to cut costs.
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Malaysia-Singapore Contra Lane At Sultan Abu Bakar Complex To Operate Next Week
In an effort to enhance traffic efficiency and alleviate congestion at the Malaysia-Singapore border, Transport Minister Anthony Loke Siew Fook announced the activation of a contra lane for traffic leaving Malaysia for Singapore at the Customs, Immigration, and Quarantine Complex of Kompleks Sultan Abu Bakar (KSAB) beginning next week.
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Singapore, Japan lose their edge – world’s most powerful passports for 2024
In a big shakeup of a quarterly ranking of the world’s most powerful passports, an unprecedented six countries are tied in the top spot for the hottest travel documents for 2024.
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J-S SEZ; A Win Win Strategy Say Analysts
The MoU between Malaysia and Singapore to formalise the co-operation on the Johor-Singapore Special Economic Zone (JS-SEZ) was signed yesterday, witnessed by respective Prime Ministers Datuk Seri Anwar Ibrahim and Lee Hsien Loong. A full-fledged agreement remains to be worked out with an update expected at the 11th Malaysia-Singapore Leader’s Retreat likely in Oct 2024. The discussions will centre on enhancing cross-border flows and strengthening the business ecosystem within the JS-SEZ to support investments. Investment house RHB believes the JS-SEZ is an important component in the initiative to expedite economic reform.
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