GDP The struggle of local contractors: Are we really in a good economy? It is not a doubt that in order to become a developed country more developments are required. The recent Budget 2018 underline the lots of construction projects opportunities which worth more than RM350 Billions for the nation or contractors to grab. This was supported by the statement from Master Builders
asean Why India should thread carefully in Southeast Asia and South China Sea India is playing to the America card of ‘quadrilateral’ power in the Southeast Asian region and in the South China Sea (SCS), which is a departure from the previous U.S. administration under President Barack Obama, but New Delhi will have to thread carefully in these troubled waters. The South
The reason why India wants Berenger, not Ramgoolam in government India does not want a repetition of the Ramgoolam regime ruling the country, preferring a Paul Berenger/Jugnauth regime instead. And it is the reason behind this shift in policy on Mauritius that would startle many, though it is not surprising given former PM Navin Ramgoolam’s career. Berenger, according
Selling America the Trump way: A new approach that may gain support With Donald Trump surprising Davos (where world leaders are meeting to discuss the economic future of the globe), it will not be surprising that many world leaders will give a try with their investments going to the U.S. Davos in Switzerland is currently holding the World Economic Forum, and
CIMB to increase base rate, fixed deposit board rates as of Feb 2 CIMB said today it will increase its Base Rate, Fixed Deposit Board Rates, BLR and BFR effective 2 February 2018. It said this was in response to BNM’s OPR increase from 3.00% to 3.25%. Thus, CIMB Bank Berhad and CIMB Islamic Bank Berhad announced their corresponding increases
StoreHub lands $5.1M fund to help Asean SMEs digitize their business StoreHub, a startup that helps retailers digitize their business, has closed a US$5.1 million Series A round led by Vertex Venture to expand in Southeast Asia. The startup offers point-of-sale technology and digital services to retailers. The idea is to help bring the long tail of less sophisticated
India fading in covert resistance against China Indian PM Modi with Malaysian PM Najib Razak: India’s influence is too small in Malaysia and within the Asean to unbuckle China. Is the US pushing New Delhi in a deadly gameplay versus Beijing? India is trying to play big, gathering the Southeast Asian leaders in talks on how
Oil prices influenced by many events but Petronas CEO remains confident Petronas President and Group CEO Tan Sri Wan Zulkiflee Wan Ariffin, told Bloomberg TV the Oil & Gas industry was subjected to a series of events that coincided and are shaping the future of the industry. He said the Opec and the non-Opec countries were on a voluntary production cut
horizon village outlet Michael Kors, Victoria's Secret on board Horizon Village Outlets Horizon Village Outlets have roped in leading local and international brands on board in its attempt to create a world-class initiative that will excite the Malaysian retail scene. It secured deals with leading retail group Valiram and its stable of brands which include names like Michael Kors, Kate Spade New
inflation Malaysia inflation at 3.7% higher than expected: Research House Inflation – calculated as the Consumer Price Index (CPI) – grew at more than 3.5% year on year in December last year (y-o-y), and the result was above JF Apex in-house expectations of 3.1%, but the research house said it was within consensus of over 3.5%. “The higher-than-expected result
Maybank Foundation: Pahang Princess Azizah visits Cambodian silk weaving training centre Princess Azizah of Malaysia’s Pahang state at a silk weaving training centre in Takeo province on Tuesday. Photo Credit: Embassy of Malaysia in Cambodia Princess Azizah and her 16-member delegation, who were on a three-day visit to Cambodia, watched a presentation by the Maybank Women Eco-Weavers programme at the
America First Trump's washing machine ban could send Singapore dollar in a viral spin Bloomberg said U.S. President Donald Trump’s attack on washing machine imports may end up putting the Singapore dollar through the spin-cycle. If the U.S. were to step up protectionism, Singapore will be more adversely affected and if its currency were to go on a viral spin, the
digital Move aside Insurance champs, MUANG Thai Life Assurance is coming Muang Thai Life Assurance PLC, Thailand based indeed, is following into the footsteps of regional champions that has broken the boredom by spearheading in Asean nations. Its main focus will be to expand its digital and insurance businesses, including startup ventures. Yesterday, the company said it had plans to deepen
china OBOR: The dilemma that benefits Malaysia says MIDF MIDF Research said China’s One Belt One Road (OBOR) is economically linked to Malaysia’s own OBOR projects, and Beijing is in its own dilemma to support the related projects in Malaysia. In view of this, China will probably pump its foreign reserve into such projects, thus benefiting Malaysia
'No dog' year of the dog for Malaysian businesses: Conservatives winning? It is strange indeed that shopping complexes and businesses seems to be slow in and mild in their Chinese New Year decorations ahead of the month of February. This year, the CNY will be the Year of the Dog but some shopping complexes are skipping the ‘dog’ for the generic,
Secret Talk: Berenger wants Pravind cleared from Privy Council or no deal The MMM leader Paul Berenger is said to have told Sir Aneerood Jugnauth (SAJ) in a recent secret talk that PM Pravind Jugnauth has to get his name cleared at the Privy Council otherwise there will be no deal with the latter as PM. The MMM leader’s recent overture
Why solo-travel is becoming a Malaysian thing agoda said its booking data found a 50% growth in one-person bookings from 2016-2017 in Malaysia. It said Malaysians are now revealing to be ambitions and adventurous independent travelers. agoda, a global online travel booking platform, said its data indicates that travelers in Malaysia are increasingly traveling solo but the
Malaysia slides to 26th place in innovation index Another fall in Malaysia’s index, this one for its innovation practices. It fell 3 places to land at the no 26 in Bloomberg’s innovation index, while Singapore – its arch rival – climbed 3 places up to place itself third. Bloomberg said Singapore soared to the third place, jumping ahead
Bloomberg gender-equality index: 104 companies listed Over 100 companies from ten sectors headquartered in 24 countries and regions joined the inaugural 2018 Bloomberg Gender-Equality Index (GEI). Launched yesterday, the reference index measures gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings. The sector-neutral Bloomberg GEI follows the release
Alibaba gets 1000 applications for a job for 60 year old candidates...the corporation to die for? Is Alibaba the corporation to die for? That is, has it become the ultimate corporation in job hunting for the hungry job seekers out there? Alibaba’s Taobao posted a job vacancy for a “senior research fellow,” the compay received 1,000 applications within 24 hours. Taobao, China’s biggest
Lim Suet Ling UOB explores on what should investors look out for in 2018 Global economic growth has been on a positive trajectory and financial markets have remained stable since the US Federal Reserve began raising interest rates last October. However, lingering geopolitical risks, uncertainty around US fiscal and tax policies and how these changes might affect global markets remain areas of concern. In
Kuala Lumpur Malaysia an oft-forgotten jewel of Southeast Asia: And thats why you should visit it Malaysia is an oft-forgotten jewel of Southeast Asia, said the Metro.co.uk. And food is listed as number one reason for anyone to visit Malaysia! The site gave 6 good reasons why the tourist folks should visit Malaysia, starting with the diverse landscapes ranging from cool tea plantations to
Casio CASIO TR adds new selfie portable studio The newly launched Casio TR-M11, designed to work as a portable personal studio, gives the selfie snappers yet another reason to celebrate taking beautiful self portraits on the go. TheTR-M11, the latest mini digital camera under the Casio banner, is also suitable for the womenfolks. The TR-M11 delivers lighting effects
Perkeso contributions now easier through FPX with RHB's support RHB Bank Bhd (RHB Bank) today signed a memorandum of understanding (MoU) with Pertubuhan Keselamatan Sosial (PERKESO) for online payment and collection through FPX. With this collaboration, employers no longer need to be physically present to make transactions with PERKESO. FPX, which is operated by Payments Network Malaysia (PayNet), is
Reserve Bank of India says Mauritius remains top FDI source for India A census by the Reserve Bank of India (RBI) indicated that Mauritius was the largest source of foreign investment in India, followed by the US and the UK. Singapore and Japan were the next two sources of foreign direct investment (FDI), said the Census on Foreign Liabilities and Assets of
