Category Archives: Economy
Mynet introduces One World 10 Dirham designed by M’sian
Mynet Capital Sdn Bhd has introduced the One World 10 Dirham to encourage the preservation of wealth in the precious metal among Muslims. The online-based silver and gold bullion trader’s executive chairman, Terry Ghani said the dirham, minted in Bolivia, was the world’s only .99999 pure silver dirham and is sold across 25 countries including [...]
Gift programme to contribute RM300 mln to GNI by 2020
The newly-launched Global Incentives For Trading (GIFT) programme is expected to contribute RM300 million to the country’s gross national income (GNI) by 2020. The GIFT programme encourages global petroleum trading companies to use Malaysia as a platform to enter the Asia Pacific markets, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said yesterday. He [...]
Hand-Made Chocolate Entrepreneurs Urged To Register With MCB
All hand-made chocolate entrepreneurs in the country are urged to register with the Malaysian Cocoa Board (MCB) for it determine the real size of the industry and at the same time, oversee the quality of the producst. MCB DIrector General Datuk Dr Azhar Ismail said at present, there were 110 hand-made chocolate entrepreneurs from throughout [...]
Bintulu has chalked up the distinction of having the fastest growth rate in Sarawak due to its oil and gas activities.
According to the Bintulu Development Authority (BDA), the oil and gas industry is the biggest contributor to Bintulu’s success, with its gross domestic product (GDP) growth as proof. “While the country recorded a GDP growth of four per cent from 1995-2000, Sarawak’s average was at five-six per cent and Bintulu topped the charts at a [...]
Husni Gesa PKS Cuba Yang Terbaik
Perusahaan Kecil dan Sederhana (PKS) perlu mengubah usaha mereka daripada “mencuba yang besar” kepada “cuba menjadi yang terbaik”. Menteri Kewangan Kedua Datuk Seri Ahmad Husni Hanadzlah berkata idea bahawa PKS yang berjaya perlu berkembang dan menjadi konglomerat yang besar, tidak semestinya benar. “Sesebuah PKS juga berjaya jika ia boleh membuat pengkhususan dalam produk khusus bernilai [...]
Commonwealth meet ‘generates $10.5bn in deals’
Deals worth at least Aus$10 billion ($10.5 billion) were sealed on the sidelines of a Commonwealth business conference held in Perth this week, organisers estimated Thursday. Commonwealth Business Forum co-chairman Mark Barnaba said the conference had been an “outstanding success”, emphasising the growing importance of economic ties in the 54-nation grouping as it undergoes reform [...]
Malaysia Tops Sales Target At CAEXPO 2011
The 128 Malaysian companies at the 8th China-Asean Expo (CAEXPO 2011) which ended yesterday, raked in total sales far exceeding the target of RM100 million. Ong Yew Chee, Director of Construction Services and Building Materials Section at the Malaysia External Trade Development Corporation (MATRADE) and CAEXPO 2011 Project Director, said actual sales amounted to RM24 [...]
KL Metropolis jana ekonomi
Datuk Seri Najib Tun Razak berkata, pembangunan ‘KL Metropolis’ yang dijangka siap pada 2025 dapat memenuhi hasrat kerajaan menjayakan projek Greater Kuala Lumpur-Klang Valley bagi menjadikan ibu kota sebagai sebuah kawasan mampan diduduki bertaraf antarabangsa. Perdana Menteri berkata, projek RM15 bilion yang turut menempatkan pusat perniagaan dan pameran antarabangsa itu mampu menarik pelabur luar serta [...]
Malaysia-India Trade to Hit USD10bil by Year-End
Malaysia-India bilateral trade is projected to hit US$10 billion by year-end, a senior official of the Indian High Commission said yesterday. Aseem Mahajan, the Trade Counsellor at the commission, said between January and August this year, two-way trade rose by 36.3 per cent to US$8.351 billion vis-a-vis the same period last year. He said the [...]
Husni: 5% GDP growth target achievable
Malaysia can achieve the target of a mimimum 5% gross domestic product (GDP) growth for this year, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah. He expressed confidence that the second-half GDP growth, which needs to reach 5.6% to meet the full-year target, would be sufficient, supported by resilient private consumption and strong investment. [...]