NCER Sees RM48.25 Billion Investment Surge In 2023
The Northern Corridor Economic Region (NCER) has recorded a significant realised investment of RM48.25 billion from January to September this year, reflecting a 60% increase compared to the same period last year, according to Prime Minister Datuk Seri Anwar Ibrahim. He made this announcement while chairing the 32nd meeting of the Northern Corridor Implementation Authority (NCIA) today.
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Selangor To Be Part Of A New Industry And Development Region In Malaysia
Selangor Menteri Besar Datuk Amirudin Shari announced that the federal government has the intention of merging, coordinating and leveraging a few initiatives by several states in Malaysia to become a new industry and development region in Malaysia.
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Malaysia Plans To Boost Oil Palm Replanting Assistance
The Ministry of Plantation and Commodities (KPK) is set to engage with the Ministry of Finance (MOF) regarding the enhancement of assistance for the oil palm replanting grant aimed at increasing productivity among smallholders.
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Bitcoin’s Price Retreats After Hitting Highest Level Since July
Bitcoin surpassed US$67,000 for the first time in more than two months but quickly erased those gains as volatility returned to the digital asset sector with US elections approaching.
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Brent Crude Falls To US$73 Amid Calmer Market
Crude oil prices fell sharply on Tuesday, dropping more than 4% following reports that Israel would refrain from targeting Iranian oil facilities, calming concerns over potential supply disruptions in the region. Brent crude declined 4.65%, settling at US$73.83 per barrel, while West Texas Intermediate (WTI) dropped 4.86% to US$70.20 per barrel.
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SC Plays Active Role In ASEAN Taxonomy
The Securities Commission of Malaysia (SC) has actively contributed to the ASEAN Taxonomy through the ASEAN Taxonomy Board, which includes central banks, securities regulators and insurance regulators.
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Apple Launches New iPad Mini With AI Features
Apple Inc on Tuesday launched its new generation of the iPad mini packed with artificial intelligence (AI) features including writing tools and an improved Siri assistant, as the iPhone maker races to boost its devices with AI capabilities.
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The Pain Of Watching RM40 Billion Taxpayer’s Money Going For 1MDB Loan Repayment
A big chunk of almost RM15 billion from federal government’s development allocation was used to pay off 1MDB debts amounting to RM40 billion.
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China’s Economic Growth Hits Lowest Point This Year
China’s economy is anticipated to have expanded at its slowest rate this year, as indicated by an AFP survey ahead of the data release on Friday. Authorities are grappling with the challenge of reigniting consumption amidst a persistent debt crisis in the property sector.
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Chinese EV Makers’ Plans To Make Cars In Europe
Some Chinese carmakers are looking to set up manufacturing and assembly plants in Europe, hoping to sell more lower-cost cars in the region to challenge European competitors amid slowing demand in China, the world’s largest car market.
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