BusinessToday's Trending Stories
MOF To Exempt T&CM Services From SST Beginning March 1
The Ministry of Finance in a statement today (Feb 19) has announced Traditional and Complementary Medicine (T&CM) service will not be subjected to service tax.
Read the full article here.
A looming threat to the Ringgit’s stability
In recent years, Malaysia has grappled with a significant economic challenge – the depreciation of its currency, the Malaysian ringgit. While there are numerous factors contributing to this phenomenon, one crucial yet often overlooked aspect is the country’s brain drain. The exodus of skilled and educated professionals from Malaysia (Malaysian-born) not only undermines its human capital but also poses a substantial threat to the stability of its currency. In this article, we delve into the intricate relationship between brain drain and the depreciation of the Malaysian ringgit, shedding light on why this issue persists and why the government’s response falls short.
Read the full article here.
SWS Capital Sees The Departure Of COO
SWS Capital has informed that its Chief Operation Officer Dr Loh Yee Feei has decided to leave the company with immediate effect citing to pursue personal interest as the reason.
Read the full article here.
Pharmaniaga Director Leaves The Group
Pharmaniaga alternated director Puan Dayana Rogayah has decided to leave the group to pursue other interest, she was the non independent and non executive director.
Read the full article here.
China’s BYD Launches Cheaper Plug-In Hybrid
Chinese electric vehicle giant BYD on Monday launched a new version of its plug-in hybrid sedan Qin Plus DM-i with a lower starting price, doubling down on price cuts to stay competitive in the world’s largest auto market.
Read the full article here.
Sunway University Seeks To Elevate Supply Chain Profession In Malaysia
Sunway University and The Logistics & Supply Chain Management Society (LogiSYM) are partnering to advance the supply chain profession in Malaysia by fostering a stronger connection between academia and industry.
Read the full article here.
Zantat Appoints M&A As Underwriter For ACE Market Listing
Zantat Holdings Berhad has signed an Underwriting Agreement with M & A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia Securities Berhad.
Read the full article here.
Aco Tech, MARii, Geno Partner To Accelerate Malaysia’s EV Ecosystem
ACO Tech has signed a Memorandum of Collaboration (MoC) with Geno and the Malaysia Automotive, Robotics & IoT Institute (MARii) to explore the use of blockchain solutions for Malaysia’s Electric Vehicle (EV) infrastructure.
Read the full article here.
HDC Expects Massive Surge In Halal Trade Between Malaysia And Japan
Halal Development Corporation Berhad (HDC) anticipates a substantial surge in Halal trade between Malaysia and Japan in 2024 said HDC, Chairman, Khairul Azwan Harun.
Read the full article here.
Malaysia To Be Southeast Asia’s Leading Aerospace Hub By 2030, Says Liew Chin Tong
Led by the Deputy Minister of Investment, Trade and Industry, Liew Chin Tong, the Malaysia-China Aviation Forum 2024 has brought together key stakeholders from Malaysia and China to explore opportunities for synergy and advancement in the aviation and aerospace sectors. Aligned with the Malaysian Aerospace Industry Blueprint 2030, the forum aims to position Malaysia as a leading aerospace nation in Southeast Asia by 2030, with a focus on achieving an annual revenue of RM55.2 billion and creating over 32,000 high-income jobs.
Read the full article here.