Furniture entrepreneur wins BSN SSP second millionaire prize

A 56-year-old furniture entrepreneur from Kuala Lumpur was announced as the second Bank Simpanan Nasional (BSN) SSP millionaire this year.BSN in a statement today said the February 2023 Millionaire Draw was announced at the BSN SSP Draw on March 4 at W…

Saudi business community’s interest to invest sign of Malaysia’s political stability – Anwar

The Saudi Arabian business community’s interest to invest in Malaysia is a testament to the political stability in Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.This, he said, was expressed by the chairmen of both the National Chamber of Comme…

Open payment system at five highways for a start – Nanta

The government decided to kick off the open toll payment system at only five highways to ensure that the system can function properly before it is expanded to other highways.Works Minister Datuk Seri Alexander Nanta Linggi said although several more co…

PLUS to conduct open toll payment system trial run at Penang Bridge, BKE in September

PLUS Malaysia Berhad (PLUS) will conduct a trial run for the implementation of its open toll payment system using credit and debit cards at the Penang Bridge and Butterworth-Kulim Expressway in September.Through the open toll payment system, motorists …

Tenders must be awarded based on company’s capability, track record – PM Anwar

Prime Minister Datuk Seri Anwar Ibrahim today stressed that tenders for big projects should be awarded purely based on capability of companies and their track record.He said this is the guiding principles in awarding tenders for big projects in the cou…

Natural rubber production down 3.6 pct m-o-m in January 2023 – DoSM

Malaysia saw a 3.6 per cent fall in natural rubber (NR) production to 29,451 tonnes month-on-month (m-o-m) in January 2023 from 30,556 tonnes in December 2022, said the Department of Statistics Malaysia (DoSM). In its monthly rubber statistics release…

Malaysia’s January IPI moderate due to slowing overseas demand, to rely on domestic growth – Research firms

Malaysia’s industrial production index (IPI) registered a moderate growth of 1.8 per cent year-on-year (y-o-y) in January (December 2022: 2.8 per cent growth), below a market expectation of 2.6 per cent due to dissipating overseas demand. Public Inves…