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DNeX’s Subsidiary Bags Contract Worth Up to US$5 mln

KUALA LUMPUR - Dagang NeXchange Bhd’s (DNeX) subsidiary, DNeX Oilfield Services Sdn Bhd (DOS), has bagged a contract worth up to US$5 million (US$1=RM4.16) for the provision of solid expandable tubulars from HESS Explora...

Malaysia Secures RM2.8b In Potential Investments From Japan And South Korea

By: Kamaruddin Bujang-23rd October 2018 KUALA LUMPUR: Malaysia has secured potential investments worth a total of RM2.84 billion from Japan and South Korea, according to International Trade and Industry Minister D...

Digital Tax May Impact Parcel Delivery Logistics

KUCHING: Local authorities looking to implement a digital tax on eCommerce transactions may have indirect impact on logistic players in the form of parcel delivery volume growth. In a special report by the research team...

Digital Tax May Impact Healthy Parcel Delivery Volume Growth

KUALA LUMPUR : The government's plan to mull digital tax on e-commerce companies would likely cause fierce competition in the parcel delivery space, said Affin Hwang Capital. While the digital tax would not apply to i...

KLCI falls amid global route; TNB, CIMB, Axiata weigh

KUALA LUMPUR: Tenaga Nasional, CIMB and Axiata led the Malaysian stock exchange lower on a day that saw broad-based selling in local and regional equities. Global equities were seen falling across the board as Wall St...

Govt opens door to German carmakers for 3rd national car project

The government is opening its door to German automakers to participate in the third national car project, says the Ministry of International Trade and Industry (MITI). Deputy Minister Dr Ong Kian Ming said there were a ...

Maybank IB maintains hold on TNB following Minister’s comments

KUALA LUMPUR: Maybank Investment Bank Reserch is encouraged over recent comments by the Minister of Energy, Science, Technology, Environment, and Climate Change (MESTECC) on fuel costs and taxes. The Minister was quot...

Oversupply of commercial space to impact banking sector

PETALING JAYA: The oversupply of office space and shopping complexes would impact the banking sector negatively but not significantly, a CIMB Research report on banking says. Quoting Bank Negara, which had held an analy...

Banks drag KLCI into the red, Asian markets cautious

KUALA LUMPUR: Banks weighed on the FBM KLCI early Tuesday as worries about new taxes, slower economic growth and the US-China trade war tensions pushed investors to the sidelines, with more downside seen. At 9.07am, the...

Limited options in coming budget, 91% expenditure is fixed

PETALING JAYA: The government may only have limited options in its pursuit of slashing national expenditure in its upcoming first-ever federal budget, which is likely to be neutral to mildly expansionary. Despite the on...

Malaysian palm oil price snaps earlier losses on US soyoil gains, weaker ringgit

KUALA LUMPUR: Malaysian palm oil futures edged up on Monday, snapping two previous sessions of declines, supported by gains in U.S. soyoil and a weaker ringgit, palm's trading currency. A weaker ringgit tends to support...

Insentif untuk industri trak makanan dijangka diteruskan di dalam Bajet 2019

KUALA LUMPUR – Kementerian Pembangunan Usahawan menjangka insentif untuk industri trak makanan akan diteruskan dan di masukkan di dalam Bajet 2019 yang akan dibentangkan pada 2 Nov ini. Timbalan Menterinya, Datuk Dr Moh...

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