Business

Six states successfully restructured water industry
Monday, November 3, 2014

ALOR SETAR-- Six states have successfully restructured their water services industry which is a win-win situation for them and the Federal Goverment without neglecting the needs of the people, said Deputy Energy, Green Technology and Water Minister Datuk Seri Mahdzir Khalid.

He said they were Penang, Perak, Melaka, Negeri Sembilan and Johor while Perlis had settled the issue and was in the process of corporatising its water services industry....

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Government saved RM361.58mil by preventing subsidised diesel leakage
Monday, November 3, 2014

KUALA PILAH -- The government saved RM361.58 million by preventing leakage of 142 million litres of subsidised diesel from May 15 until the end of September following the launch of Ops Titik to weed out abuse of the subsidised fuel, said Domestic Trade, Cooperatives and Comsumerisn Minister Datuk Seri Hasan Malek.

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Government committed to improving business environment
Saturday, November 1, 2014

KUALA LUMPUR -- The government is committed to improving the "ease of doing business" ranking, with the pledge to make further improvements every year, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

He said the Performance Management Delivery Unit (Pemandu), a unit of the Prime Minister's Department, had done an excellent job in bringing the government-and private-sector together. ...

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MAS offers greater travel experience with MHupgrade
Friday, October 31, 2014

KUALA LUMPUR -- October 31, 2014: Malaysia Airlines is offering guests the opportunity to upgrade their seats by determining their own price through its latest product, MHupgrade.
 
In a statement today, the airline said MHupgrade is based on forecast empty seats available in the first and business class sections for customers to submit their offer via the airline's website.
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Request to raise express bus fares sent to government, says SPAD
Friday, October 31, 2014

KOTA BAHARU -- Land Public Transport Commission (Spad) has submitted to the government a request from express bus operators to raise bus fares by up to 30 per cent.Its chairman, Tan Sri Syed Hamid Albar said the request was reasonable and considered urgent due to rising costs, adding that Spad had made its recommendations....

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Naza Euro targetting to sell 140 Citroen Grand C4 Picasso
Friday, October 31, 2014

PUCHONG -- October 30, 2014: Naza Euro Motors is targetting to sell 140 units of the newly launched MPV Citroen Grand C4 Picasso in the next 12 months. Its chief operating officer Datuk Samson Anand George said the model, priced at RM184,926.20 on-the-road excluding insurance, has already received 30 bookings, reflecting public interest in Citroen's latest model. ...

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MCMC focuses on bridging human capital competency gap
Thursday, October 30, 2014

KUALA LUMPUR -- October 30, 2014: The Malaysian Communications and Multimedia Commission (MCMC) aims to bridge the human capital competency gap in the industry by increasing the supply of local experts.
 
Its chief support and services officer Tengku Zaib Raja Ahmad said it is to ensure the industry's ability in preparing the required competency and talents to meet current and future needs....

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New fuel subsidy rationalisation scheme is still being studied, says Najib
Thursday, October 30, 2014

DUBAI -- The government is still in the midst of studying the structure of a new fuel subsidy rationalisation scheme, says Prime Minister Datuk Seri Najib Tun Razak."It is a bit premature (to disclose) as it is still at 'a request for proposal' stage. As for now, the present system will continue. We will decide when we have the best proposal with a full package," he told Malaysian journalists late Wednesday....

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FAMA to open Agro bazaar in Dubai
Thursday, October 30, 2014

DUBAI -- Prime Minister Datuk Seri Najib Tun Razak on Wednesday announced the establishment of Agro bazaar in Dubai by the Federal Agriculture Marketing Authority (FAMA).

"We need to be closer to the market place to enjoy higher percentage of income. The nearer we are, the more benefit we get," he said at the launch of the Malaysian Agrofood Festival and a gathering of 300 Malaysians.
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Malaysia improves ease of doing business
Wednesday, October 29, 2014

KUALA LUMPUR -- October 29, 2014: A new World Bank's report shows that Malaysia has improved significantly over the years in the ease of doing business and is now ranked first among emerging economies in East Asia.
 
In the new methodology for Doing Business (DB) 2015 adopted by the World Bank, Malaysia is ranked 18 out of 189 economies, up two notches from 20th last year.
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