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KUALA LUMPUR (Nov 30): These are certainly disquieting times for Asia, not least because of protracted US-China trade tensions, slowing growth in China and prolonged unrest in Hong Kong. Nevertheless, Bill Winters, chief executive of Standard Chartered Plc (StanChart), which derives over 70% of its profit from the Asia region, remains upbeat. He is buoyed
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PUTRAJAYA (Nov 29): The Malaysian film industry is in for better times following the signing of a co-production agreement between Malaysia and Australia in Sydney today. Communications and Multimedia Minister Gobind Singh Deo said that with the signing of the agreement, Malaysian productions will be seen as Australian productions to facilitate penetration of markets of
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MELAKA (Nov 29): The Malacca State Government plans to make animated cartoon ‘Upin & Ipin’ a tourism product in efforts to attract more visitors to the State. Chief Minister Adly Zahari said the efforts included building an ‘Upin & Ipin’ theme park and organising the ‘Upin & Ipin’ Carnival as the State’s annual event. He
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KUALA LUMPUR (Nov 25): Construction Industry Development Board Malaysia (CIDB) and Royal Institution of Surveyors Malaysia (RISM) recently launched Building Cost Information Service Malaysia Sdn Bhd (BCISM) which will be the main service provider of CIMB’s National Construction Cost Centre (MyN3C). The MyN3C is part of the introduction of the National Construction Industry Information Centre
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KUALA LUMPUR (Nov 24): Former Health Minister Tan Sri Lee Kim Sai died last night at the age of 82. According to his son Lee Boon Kuan, his father died at 12.30am this morning at their home in Jalan Setia Bakti, Bukit Damansara here. “My father passed away peacefully. He suffered a stroke in October
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KUALA LUMPUR (Nov 23): It has been 11 months since the new standard on Leases, MFRS 16, replaced the old standard on leasing, MFRS 117, which took effect Jan 1 this year. The standard, which impacts any organization which has lease agreements, has been creating a lot of conversation of late due its more pronounced
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KUALA LUMPUR (Nov 22): The National Film Development Corporation (Finas) has managed to secure the interest of eight foreign production companies along with potential investments totalling RM90.3 million. Finas chairman Datuk Gerald Hans Isaac said this was made possible by promoting the government’s Film in Malaysia Incentive (FIMI) at MIPCOM 2019 (The World’s Entertainment Content
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KUALA LUMPUR (Nov 22): Property developer UEM Sunrise Bhd said today it has not made or received any corporate proposals on a potential merger with rival Eco World Development Group Bhd (EcoWorld). “With reference to the report in a trade publication dated Nov 20, 2019 on a potential merger with Eco World Development, UEM Sunrise
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(Nov 19): Asian stocks looked set for a muted open as investors continued to look for signs of progress in U.S.-China trade negotiations. The dollar and Treasury yields retreated. Futures in Japan and Australia were little changed with Hong Kong contracts slipping after escalating violence in the city Monday. On Wall Street, stocks fluctuated throughout
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KUALA LUMPUR (Nov 17): The third trial of criminal charges faced by former prime minister Datuk Seri Najib Tun Razak at the High Court here is expected to commence tomorrow (Monday, Nov 18). Najib is facing a charge of tampering the 1Malaysia Development Berhad (1MDB) final audit report together with 1MDB former chief executive officer
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KUALA LUMPUR (Nov 15): Shares in RCE Capital Bhd rose 1.73% in the morning session today, following a positive technical outlook on the stock. At the midday break, RCE Capital added 3 sen to RM1.76, for a market capitalisation of RM649.47 million. RHB Retail Research said RCE Capital may move higher after it continued holding
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KUALA LUMPUR (Nov 14): Airbnb looks to empower travelling beyond big cities, as it raked in nearly 6,800 guests into host communities in Sabah and Sarawak to collectively earn approximately RM1.4 million in the span of less than a week earlier this year. This was in conjunction with the Rainforest World Music Festival held in
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