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1-10 results from 1000 for query «2018»

September 5, 2018 7:51 AM EPF sees 7.64% increase in investment income in Q2

PETALING JAYA: The Employees Provident Fund (EPF) saw a 7.64% increase in total investment income to RM12.39 billion for the second quarter ended June 30, 2018 against RM11.51 billion in the previous corresponding period. In a statement released today, the pension fund's deputy CEO (Investment) Datuk Mohamad Nasir Ab Latif said the trading environment 116

September 5, 2018 6:58 AM Malaysia’s exports rise 9.4% to record high of RM86.1b in July

PETALING JAYA: Malaysia's exports expanded 9.4% year-on-year (yoy) to a record high of RM86.1 billion in July, driven by stronger growth in the electrical and electronics (E&E) and crude petroleum segments, according to the Department of Statistics. Re-exports in July 2018 was valued at RM18.7 billion and accounted for 21.7% of total exports. Domestic 78

September 5, 2018 6:35 AM Gabungan AQRS expects better years ahead on projects in hand and low costs

PETALING JAYA: Gabungan AQRS Bhd expects to perform better this year and next, based on projects in hand and low operating cost. Group CEO Datuk Azizan Jaafar said its construction order book of RM2.4 billion will sustain the group for the next three years while the property division is expected to start contributing to the group's earnings next year. Speaking 80

September 5, 2018 2:57 AM Telcos told to stop charging SST on prepaid reloads by MoF

PETALING JAYA: Telecommunications companies have been instructed to stop charging the Sales and Services Tax (SST) on Malaysians for the purchase of prepaid reloads. The Finance Ministry said this tax exemption on prepaid services was to address the issue of companies having difficulties in adjusting their systems in view of the SST implementation on Sept 1. The ministry 102

September 4, 2018 12:34 PM EPF: Rise in approvals for flexible withdrawals in Q2

PETALING JAYA: The Employees Provident Fund (EPF) reported that 40% more contributors reaching the age of 55 and 60 in the second quarter of 2018, opted to retain part of their savings with EPF to earn dividends. There was a 48.65% increase to 67,969 (RM2.92 billion) approved applications for “Age 55 Flexible Withdrawal” in the second quarter, compared 41

September 4, 2018 6:57 AM Primary Industries Minister says will work with FGV to develop downstream palm oil segment

PETALING JAYA: Primary Industries Minister Teresa Kok has met with FGV Holdings Bhd and is willing to work with the company in relation to developing the downstream palm oil segment. Kok said at a press conference during International Strategy Institute's Corporate Malaysia Summit 2018, that the ministry is willing to work with FGV Holdings if the has company 72

September 4, 2018 5:05 AM AirAsia named Asia's Leading Low-Cost Airline for 6th year

KUALA LUMPUR: AirAsia has been named Asia's Leading Low-Cost Airline for the sixth consecutive year at the 2018 World Travel Award Asia and Australasia, held in Hong Kong. In a statement today, the airline said it was voted the best in the category by travel and tourism professionals worldwide for its commitment to excellence in service, ahead of Air India 77

September 3, 2018 1:28 PM BNM seen holding key rate

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to keep its benchmark interest rate unchanged at a meeting tomorrow, as it keeps tabs on how far the United States and China will take their ongoing trade war. All 11 economists polled by Reuters see BNM holding its overnight policy rate at 3.25%. Malaysia has raised its policy rate once this year – by 25 basis 15

September 3, 2018 10:12 AM We could have achieved more than seven gold medals: Syed Saddiq

PUTRAJAYA: The Malaysian Contingent was capable of delivering more than the seven gold medals it won in the 2018 Asian Games Jakarta-Palembang, which came to a close yesterday, according to Youth and Sports Minister Syed Saddiq Syed Abdul Rahman. "When I took up the office, I was told the minimum target is seven. However, for me personally, I don't take minimum 16

September 3, 2018 5:44 AM Malaysia needs to double healthcare traveller numbers

KUALA LUMPUR: Malaysia needs to double its healthcare travellers to 2 million by 2020 to achieve the RM2.8 billion target in medical travel earnings, said Deputy Finance Minister Datuk Amiruddin Hamzah. He said SST will not be imposed on medical bills and this will help Malaysia to be competitive in offering medical travel. Amiruddin was speaking to reporters 9