NATION

Encouraging Growth for Malaysia’s Manufacturing in CY2019

Online equity broker Rakuten Trade shared its CY2019 outlook for Malaysian stocks and generally the market is expected to be depressed until at least CY20. However, the Manufacturing sector is expected to see a 31.2% growth, as compared to all the other sectors of banking, telco, gaming, energy, consumer, manufacturing and conglomerates that only have […]

Resurgent growth in exports in October 2018

The resurgent growth in exports in October 2018 rose to a historic high of RM96.4 billion and a record trade surplus of RM16.3 billion indicates that Malaysia is on the right track towards the new Pakatan Harapan Federal government’s 3 year fiscal consolidation plan to put Malaysia’s dynamic economy back on track. The key indicators […]

China’s leading microelectronics manufacturer picks SilTerra

SilTerra Malaysia Sdn Bhd has been selected as a key strategic partner by China’s leading microelectronics producer, Beijing Yandong Microelectronics Co. Ltd. (YDME) to set up an 8-inch wafer fabrication plant in Beijing. YDME is a subsidiary of Beijing Electronic Holding Company (BEHC), a state-owned high-tech enterprise that has developed into one of China’s leading […]

CIMB Group joins RippleNet to power instant payments across ASEAN

CIMB Group (CIMB or the Group), ASEAN’s fifth largest bank, and Ripple have entered into a strategic collaboration to enable instant cross-border payments across CIMB’s markets. On the back of this partnership, CIMB will join RippleNet and connect with other Ripple customers — more than a hundred financial institutions worldwide — a move that will […]

Budget 2019 as a key measure to improve Malaysia’s economic wellbeing – Low Yat Group

Low Yat Group, one of the pioneers in Malaysia’s property and hospitality industries, considers the Budget 2019 as a key tool in improving Malaysia’s economic wellbeing while overcoming inherited debts from the past government. The Group’s Executive Director, Ms. Low Su Ming commented, “This is a good head start given the underlying challenges faced by […]

VMware Banking Consumer 2020 Study: Malaysian consumers have one of the highest distrust of online payment security in the region

According to VMware, a leading innovator in enterprise software, the new VMware Banking Consumer 2020 Study reveals that almost half (46%) of Malaysia consumers are dubious about the security of e-wallets and payment applications. The numbers rise for connected devices, with 53% doubting the security of smart devices with payment capabilities. The study also found […]

India, China and Russia considering dumping US dollar payments – Part 2

Image: Henry CK Liu – courtesy You Tube By Charles F. Moreira, Editor An article entitled ‘Dollar Hegemony’ by Henry C K Liu appeared on Asia Time Online on 11 April 2002. The Hong Kong-born Liu, now based in the United States, is an independent critical political-economic analyst and commentator on international relations and chairman […]

PropertyGuru: Malaysians stay positive towards real estate sector post GE14

It appears that even after four and a half months, the spirit of Malaysia Baru continues to resonate among Malaysians, as reflected in the continuing uptick of positive sentiment for the local property sector. The PropertyGuru Consumer Sentiment Survey, Malaysia’s leading indicator in gauging the pulse of consumers and their appetite for properties has seen […]

FDI from China can offset drop of FDI from Europe and Japan says Gomez

By Charles F Moreira, Editor This is the third and final part of our report on the Malaysia-China Smart Silk Road Forum Cum Business Match & Meet 2018 at the Malaysian International Trade and Exhibition Centre on 17 August 2018, where keynote speakers Dr. Edmund Terence Gomez and Mr. Lau Zheng Zhou provided participants with […]

Malaysia’s leader-in-waiting says his country remains open to China

Malaysian politician Anwar Ibrahim, who is expected to take over from PM Mahathir Mohamad, says his country still wants Chinese capital despite having suspended some existing deals. Watch the video on https://www.cnbc.com/video/2018/09/11/malaysias-leader-in-waiting-says-his-country-remains-open-to-china.html SOURCE: CNBC   (11)

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