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KUALA LUMPUR, July 22 (Bernama) — HSBC Bank Malaysia Bhd plans to open seven new HSBC Amanah branches by year-end, adding to the existing nine, in-line with the latter’s focus to cater to the increasing demand for Islamic banking and financial products. HSBC Malaysia executive director and deputy chief executive officer, Jonathan Addis said...
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KUALA LUMPUR, July 22 (BERNAMA)– The government has allocated RM8 million for a soft-loan scheme aimed at encouraging the lower income group to engage small and micro franchises as franchisees. Deputy Prime Minister Tan Sri Muhyiddin Yassin said this measure will help locals raise their income level, thus, enhancing the country’s competitiveness...
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KUALA LUMPUR, July 22 (Bernama) — The government is in the midst of finalising the National Franchise Development Blueprint, which is set for launch later this year, said Deputy Prime Minister, Tan Sri Muhyiddin Yassin. Muhyiddin said the blueprint would outline new policies and directions, including strategies and action plan aimed at boosting...
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TANJONG KARANG, July 21 (Bernama) — The construction of the proposed Farmers’ Training Centre in Kampung Sungai Kajang here costing about RM10 million, is expected to start this year. Agriculture and Agro-based Industry Minister Datuk Seri Noh Omar said the ministry had approved the project plan and the tender would be open soon. He said...
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KUALA LUMPUR, July 20 (Bernama) — Courts Malaysia Sdn Bhd plans to open six more stores this financial year ending March 31, 2012, after opening two recently. Between RM1 million and RM2 million would be spent to open a new store, Country Director Chris Yong told reporters after launching the company’s “Hope for Our Children”...
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KUALA LUMPUR, July 20 (Bernama) — Some 1,100 Bumiputera entrepreneurs are expected to be roped in by October this year for the newly launched Teras programme, an initiative undertaken by the Bumiputera development agency, Teraju, to increase Bumiputera small and medium sized enterprises (SMEs)’ participation in the economy. Teraju’s...
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SEOUL, July 20 (Bernama) — South Korea’s impressive success in terms of development and modernisation has provided a source of inspiration to other countries in the world including Malaysia. Yang di-Pertuan Agong Tuanku Mizan Zainal Abdidin said, Korea had succeeded in developing the entrepreneurship and creative talents of its people to...
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KUCHING, July 19 (Bernama) — Sarawak is capable of producing about four million empurau (mahseer) fish fry within five years through cooperation in research and development (R&D) with the Ministry of Science, Technology and Innovation (Mosti). Deputy Chief Minister Tan Sri Alfred Jabu Numpang said RM4.5 million had been allocated by the federal...
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KANGAR, July 19 (Bernama) — The four-day Perlis Farmers, Breeders and Fishermen fair starting July 27 targets RM1 million in sales, said Agriculture and Agro-based Industry and Cooperative Development committee chairman, Sabry Ahmad. An estimated 100,000 visitors were expected at the event to be held at Dataran Datuk Sheikh Ahmad, he added. Speaking...
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KUALA LUMPUR (July 19, 1:30 p.m. ET) – Export markets were good to Malaysian plastics companies in 2010. The sector increased its exports by 14.6 percent to RM9.4 billion (US$3.12 billion) compared to 2009. Lim Kok Boon, president of the Malaysian Plastics Manufacturers Association (MPMA), disclosed the figures at the group’s annual dinner on July...
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