New regulations needed to regulate palm oil production and price MALAYSIA’S total exports in 2018 expanded by 6.7% to reach a value of RM998 billion, compared with RM935 billion in 2017. The growth was largely […]
AirAsia claiming RM480m damages from MAHB due to “poor level of service” at klia2 The legal tussle between AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB) continues to intensify with AirAsia filing another suit […]
Bank Negara launches RM1bil fund for B40 to buy house Bank Negara Malaysia has launched a RM1 billion fund for affordable home ownership for those earning RM2,300 and below. — New Straits Times Poverty line […]
Malaysia goes up one notch higher to 61 in corruption index Malaysia has gone up one place to 61 out of 180 countries in Transparency International’s (TI) Corruption Perception Index (CPI) 2018. — The Star […]
Govt to build 100,000 affordable homes by end-2019 The Housing and Local Government Ministry is targeting to build 100,000 affordable homes by the end of this year, in line with the Pakatan Harapan government’s manifesto […]
“Cost Too High”: Malaysia Scraps $19 Billion China-Backed Rail Project A multi-billion dollar China-backed rail project in Malaysia has been scrapped, government officials said Saturday, adding that the cost of building it was too high. […]
Matrade targets MTCs to generate RM3.8bil increase in export revenue by 2020 The Malaysia External Trade Development Corp (Matrade) has targeted a RM3.8 billion increase in export revenue from mid-tier companies (MTCs) under the Mid-Tier […]
Malaysia in bid to increase rice production by 5% The production rate of local rice will be increased to 75% from the current 70% as Malaysia looks to reduce dependency on imports, said Datuk Salahuddin […]
Malaysia to have fastest internet access speed in Southeast Asia — Wan Azizah Malaysia is to have the fastest Internet access speed with the 5G platform in Southeast Asia via the Enhanced Malaysia International Internet […]
Malaysia’s construction industry growth to slow 4.3% in 2019 Malaysia’s construction sector growth is forecasted to slow from 4.5% to 4.3% in 2019 as its newly established Pakatan Harapan coalition continues to take several measures […]
Malaysia achieves record direct tax collection of RM13.72b in 2018 The Inland Revenue Board of Malaysia achieved a new record in direct tax collection last year, with RM13.723 billion collected, which is 11.13% more than […]
WHO should retract and rectify wrongful allegations against palm oil industry Malaysia wants World Health Organisation (WHO) to retract and rectify its recent wrongful allegations of likening palm oil marketing to that of lobbying tobacco […]