Malaysia morning news for August 7

Malaysia morning news for August 7

Govt loses RM6 billion to illegal cigarettes and e-cigarettes The government lost RM6 billion in tax revenue from the sale of illegal cigarettes and the e-cigarette market, according to Japan Tobacco International Bhd (JTI Malaysia). […]

Malaysia morning news for August 6

Malaysia morning news for August 6

ACCCIM: Malaysian businesses positive with higher capex spent in 1H19 Businesses’ cautiousness about their capital expenditure (capex) spending plans have turned positive in the first half of 2019 (1H19) with 58.8% of respondents having increased […]

Malaysia morning news for August 5

Malaysia morning news for August 5

Headwinds continue to plague M’sia’s industries Manufacturing activity slowed further in July, analysts note, and the latest Malaysia’s Purchasing Manager’s Index (PMI) data suggest that the third quarter of 2019 (3Q19) gross domestic product (GDP) […]

Malaysia morning news for August 2

Malaysia morning news for August 2

Penang to seek RM10b from Putrajaya for transport blueprint Chief Minister Chow Kon Yeow said the state will send a “pleading” letter to Prime Minister Tun Dr Mahathir Mohamad for RM10 billion to fund part […]

Malaysia morning news for August 1

Malaysia morning news for August 1

Malaysia’s PPI declined by 1.8% in June 2019 Malaysia’s Production Price Index (PPI) declined by 1.8% year-on-year (yoy) in June 2019, led by agriculture, forestry & fishing (-9.2%), mining (-6.4%), water supply (- 1.8%) and […]

Malaysia morning news for July 31

Malaysia morning news for July 31

Malaysia could replace Indonesia as top palm oil supplier to India Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import […]

Malaysia morning news for July 30

Malaysia morning news for July 30

MIER: Local company to invest RM5b in electric vehicle project Plan are afoot to set up an electric vehicle smart manufacturing plant on a 161.87-hectare site at the Enstek Industrial Park in Negeri Sembilan with […]

Malaysia morning news for July 29

Malaysia morning news for July 29

Penang LRT project: State govt must meet 30 conditions set by APAD The Penang state government has disclosed that there are 30 conditions set by the Land Public Transport Agency (APAD) for its Light-Rail Transit […]

Malaysia morning news for July 26

Malaysia morning news for July 26

Malaysia 2019 biodiesel output, exports seen at record highs – industry association Malaysia’s biodiesel production and exports are set to hit record levels this year as low palm oil prices increase the appeal of blending […]

Malaysia morning news for July 25

Malaysia morning news for July 25

Malaysia’s fiscal deficit down by 39pc, says Guan Eng The Finance Ministry today announced that Malaysia’s fiscal deficit has been brought down 39 per cent to RM21.4 billion in the first five months of this […]

Malaysia morning news for July 24

Malaysia morning news for July 24

Sell-off imminent for Malaysia Airlines, says Najib after Morgan Stanley entry The ex-prime minister says an investment bank is usually hired to sell assets while a union question’s Khazanah’s decision, saying Morgan Stanley won’t know […]

Malaysia morning news for July 23

Malaysia morning news for July 23

SME Corp targets digitalisation of all SMEs by 2024 SME Corporation Malaysia (SME Corp) expects all small and medium-sized enterprises (SMEs) in the country to embrace digitalisation in their business operations within five years compared […]