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Sunday, 5 February 2012

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Events Highlights

Regional fund can meet technology-based firms' increasing financing needs, says Najib

KUALA LUMPUR, Oct 12 (Bernama) -- Proposed setting up of a regional fund by the Malaysia Technology Development Corporation (MTDC) and Indonesian Investment Agency (IIA) can cater to increasing financing needs of technology-based companies in the region, Datuk Seri Najib Razak said today.

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Malaysian companies woo Indian buyers at Showcase Malaysia expo

MUMBAI, Oct 12 (Bernama) -- Over 40 Malaysian companies are showcasing their products and services at the three-day "Showcase Malaysia" expo beginning today in India's financial capital, signaling the growing interest in the economically-robust South Asian market.

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Local birds nest producers to make conspicuous presence at Caexpo 2011

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia, the world's second largest producer of edible birds nests, is sending a good number of industry players to the 8th China-Asean Expo (Caexpo 2011) in Nanning, China, next week.

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Malaysia drops one rank to 78 in economic freedom report

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia has dropped one place to rank 78th on economic freedom in the Economic Freedom of the World: 2011 Annual Report, in line with the decline worldwide and mainly due to the size of the government.

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500 businesswomen from across the world to gather in Melaka for convention

KUALA LUMPUR, Oct 11 (Bernama) -- Some 500 leading women entrepreneurs from several countries have confirmed attendance at the inaugural International Women in Business Convention at the Melaka International Trade Centre this month.

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Mara expects entrepreneurs to record RM5m sales at Halfest 2011

KUALA LUMPUR, Oct 11 (Bernama) -- Majlis Amanah Rakyat (Mara) expects entrepreneurs under its patronage to record RM5 million in business transactions during the Halal Fiesta Malaysia (Halfest) 2011 from Oct 12-16.

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Halfest 2011 eyes 50,000 visitors, RM28m sales

KUALA LUMPUR, Oct 11 (Bernama) -- The upcoming Halal Fiesta 2011 (Halfest 2011), a platform for consumers in the country to know local halal products better, expects 50,000 visitors and RM28 million in sales over its five-day duration from Oct 12 to 16.

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August IPI at 110.6 from 107.4 year-on-year

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia's Industrial Production Index (IPI) increased 3% to 110.6 in August, from 107.4 recorded in the same month last year, and was up 2.6% against July, the Statistics Department said today.

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Sales value of manufacturing sector in August up to RM49.8b

KUALA LUMPUR, Oct 11 (Bernama) -- The sales value of the manufacturing sector in August saw a double-digit growth of 10.8% to RM49.8 billion against the RM45 billion recorded in the same month last year.

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Government urged to review foreign worker intake policy

KOTA KINABALU, Oct 10 (Bernama) -- The UNI Global Union - Malaysian Liaison Council (UNI-MLC) has urged the central government to review policies on foreign worker intake, especially in Sabah.

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Matrade to bring 40 manufacturers, service providers to Mumbai showcase

KUALA LUMPUR, Sept 30 (Bernama) -- Malaysia External Trade Development Corporation (Matrade) chairman Datuk Mah Siew Keong will be leading a delegation of more than 40 Malaysian companies comprising manufacturers and service providers to Mumbai next month.

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Najib may slash corporate tax in budget 2012, says UHY

KUALA LUMPUR, Sept 30 (Bernama) -- Prime Minister Datuk Seri Najib Razak may announce one or two per cent cut in corporate tax in Budget 2012 in line with the consensus of tax practitioners in Malaysia, says UHY.

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Risda gets RM53m grant from Pemandu to develop rubber smallholdings in Sarawak

SIBU, Sept 30 (Bernama) -- The Performance Management and Delivery Unit (Pemandu) in the Prime Minister's Department has allocated RM53 million in grant for the Rubber Industry Smallholders Development Authority (Risda) to develop rubber smallholdings in Sarawak next year.

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20 to 35 percent penalty for late submission of income tax returns

KUALA LUMPUR, Sept 30 (Bernama) -- The Inland Revenue Board (IRB) will impose 20% to 35% penalty on taxpayers for being late or not submitting their annual income tax returns within the stipulated deadline.

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Malaysian government should pay attention to grassroots innovation, says Indian scholar

PUTRAJAYA, Sept 29 (Bernama) -- Grassroots innovation, if well capitalized, will enable Malaysia to achieve high-income economic status even before 2020, says an Indian scholar.

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