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Tag: Malaysia

Posted on February 23, 2023

Genting Malaysia slips into the red with 4Q net loss of RM393.9 mil

Genting Malaysia Bhd (GENM) slipped into the red with a net loss of RM393.97 million for the fourth quarter ended Dec 31, 2022 (4QFY2022) compared to a net profit of RM174.12 million a year earlier, …
Posted on February 23, 2023

MEBA 2023 recognises top business leaders, organisations in Malaysia

The seventh annual awards ceremony was organised by Malaysia Digital Chamber of Commerce and supported by Asia Pacific Business Council for Sustainability.
Posted on February 23, 2023

Giant operator Dairy Farm sells grocery business to Malaysian company

DFI Retail Group, which entered the Malaysian market 24 years ago through the acquisition of Giant, has decided to exit the increasingly competitive grocery retail industry. In a statement on Thursday …
Posted on February 23, 2023

Genting Malaysia slips into the red with 4Q net loss of RM393.9 mil

Genting Malaysia Bhd (GENM) slipped into the red with a net loss of RM393.97 million for the fourth quarter ended Dec 31, 2022 (4QFY2022) compared to a net profit of RM174.12 million a year earlier, …
Posted on February 23, 2023

Malaysia Autoshow 2023 expected to generate business transactions worth RM300 mln

2023 at the Malaysia Agro Exposition Park Serdang (MAEPS), is projected to generate RM300 million in business transactions. According to Malaysia Automotive, Robotics and IoT Institute (MARii) …
Posted on February 23, 2023

CNA Explains: What might be the potential areas of focus in Malaysia’s updated budget for 2023?

“And in the longer run, it would propel Malaysia hopefully to a more developed status,” said Dr Oh. At a monthly gathering with the finance ministry earlier this month, Mr Anwar said that the Budget …
Posted on February 23, 2023

CNA Explains: What might be the potential areas of focus in Malaysia’s updated budget for 2023?

“And in the longer run, it would propel Malaysia hopefully to a more developed status,” said Dr Oh. At a monthly gathering with the finance ministry earlier this month, Mr Anwar said that the Budget …
Posted on February 23, 2023

Malaysia to unveil bigger budget to spur economic growth, ahead of state elections

In the Finance Ministry’s monthly gathering in February … sustainable consumption and production of natural resources in downstream activities” for Malaysia to remain competitive against its …
Posted on February 23, 2023

DOSM: Malaysia lost RM622.4m to floods last year; Terengganu, Kelantan, Pahang worst hit states

followed by losses related to living quarters (RM157.4 million), agriculture (RM154.5 million), business premises (RM50.3 million), vehicles (RM18.8 million), and manufacturing (RM8.7 million). The …
Posted on February 23, 2023

Japanese companies in Malaysia expecting operating profit shows rising trend – Jetro

A survey by the Japan External Trade Organisation (Jetro) found that the percentage of Japanese companies in Malaysia expecting an operating profit has been rising, from 50.0 per cent in 2020 to 59.7 …

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