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KUCHING, Nov 22 (Bernama) — Total domestic direct investments for the development of oil palm estates and processing facilities amounted to not less than RM22.64 billion, said Minister of Land Development Tan Sri Dr James Jemut Masing on Tuesday. Masing said these investments would increase with the development of new areas and the establishment...
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KUALA LUMPUR, Nov 22 (Bernama) — Malaysia is actively participating in free trade agreement (FTA) negotiations and is optimistic of signing several FTAs by end-2012, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed. “We hope to conclude negotiations by the first quarter of next year with Australia and we are at the...
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PUTRAJAYA, Nov 22 (Bernama) — Electricity users who consume more than 300 kilowatt-hours (kWh) a month will contribute 1% of their total electricity bill issued by Tenaga Nasional Bhd (TNB) to the Renewable Energy (RE) Fund. Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui said the government decided to implement the new...
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KUALA LUMPUR, Nov 22 (Bernama) — The government has yet to decide whether or not to cancel the 6% service tax on prepaid telephone users as has been announced by telecommunication companies (telco), the Dewan Rakyat was told today. Deputy Information Communication and Culture Minister Datuk Joseph Salang said the tax was one of the major revenue...
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KUALA LUMPUR, Nov 17 (Bernama) — Global defence and security company, BAE Systems, is exploring new industrial partnership opportunities with Malaysian small-and-medium-sized enterprises (SMEs) to bring leading-edge technology and innovation into Malaysia. The company and SME Corporation Malaysia today hosted a one-day business opportunities and...
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KUALA LUMPUR, Nov 17 (Bernama) — A 60-member Malaysian business delegation to Nepal earlier this week, signed six memoranda of understanding (MoUs), with three Small Medium Enterprises (SMEs) having started negotiations on investments in manufacturing, tourism and retail marketing. The MoUs and investments include more Nepali students coming to...
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KUCHING, Nov 17 (Bernama) — The government disbursed funds amounting RM55mil to 1,973 Bumiputera entrepreneurs and six cooperatives in Sarawak in the first five months of this year, the state assembly was told today. Assistant Minister in the Chief Minister’s Office (Bumiputra Entrepreneur Development) Datuk Naroden Majais said the funds...
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MELAKA, Nov 16 (Bernama) — The state government has agreed to hand over the management of the “One District One Industry” (SDSI) showcase centre in Kota Fesyen here to Mydin Mohamed Holdings Bhd following its failure to operate smoothly. Chief Minister Datuk Seri Mohd Ali Rustam was optimistic Mydin would be able to run the centre...
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ALOR SETAR, Nov 16 (Bernama) — The Kedah government is assisting pineapple farmers in developing high-density planting, including tilling idle land, in its quest to become a major pineapple producer. State Industry and Investment, Science and Innovation, Agriculture and Biotechnology, and Entrepreneurial Development Committee chairman Datuk Amiruddin...
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KULIM, Nov 14 (Bernama) — Nusroh Industri Sdn Bhd, a Bumiputera company that produces various herbal based products and goat milk extracts, has started exporting its products to Indonesia after its successful entry into the Singapore and Thailand market. Its chief executive officer Abdul Rahim Omar said the marketing of the company’s products,...
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