Oil and gas sector remains in Malaysia’s focus

Oil and gas sector remains in Malaysia’s focus

KUALA LUMPUR, Feb 11 — The oil and gas (O&G) industry, Malaysia’s second highest export earner after electrical and electronics, will continue to be a focus area for the government this year amid the volatility in oil prices. International Trade and Industry Deputy Minister Ong Kian Ming said while tackling weakening crude oil prices, Malaysia was also giving attention to downstream products. “We are giving attention to downstream products and do expect (investment) activities due to the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang. “This is big investment,” he said, adding that the investments at Pengerang were by…
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Give loyalty only to the country – PM

Give loyalty only to the country – PM

PUTRAJAYA: The focus of loyalty should be given to the country and not to certain leaders or political parties, says Prime Minister Tun Dr Mahathir Mohamad. In giving the reminder to members of the administrative machinery at a gathering with employees of the Prime Minister’s Department here today, Dr Mahathir said loyalty could be given to the certain leaders or political parties if they carried out their duties well for the country. “If the leaders or parties can raise the achievements of our nation, we should be loyal to the leaders and parties,” he said. Nonetheless, he said if a…
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Rafidah, Jomo and banker Tay appointed to Economic Action Council

Rafidah, Jomo and banker Tay appointed to Economic Action Council

PETALING JAYA: Former minister Rafidah Aziz, economist KS Jomo and Public Bank managing director Tay Ah Lek are among the big names in the Economic Action Council, which will be chaired by Prime Minister Dr Mahathir Mohamad. In a statement today, the Prime Minister’s Office said the council will examine and make decisions on economic and financial matters and will look into problems faced by the public. “The council will also look into issues related to the cost of living, employment, poverty and home ownership,” it said. Economic Affairs Minister Azmin Ali, Finance Minister Lim Guan Eng, International Trade and…
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Malaysia ranks 1st in world’s best healthcare category

Malaysia ranks 1st in world’s best healthcare category

KUALA LUMPUR: Malaysia, with a score of 95 out of 100, ranked first in the Best Healthcare in the World category of the 2019 International Living Annual Global Retirement Index. According to the International Living website, among top six countries that obtained the best ratings in the category of Best Healthcare in the World for this year, Malaysia ranked first with its world-class healthcare services and sophisticated infrastructure. It said that with 13 hospitals in the country accredited by Joint Commission International (JCI), where almost all doctors – with majority of whom were trained in the United Kingdom, the United…
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Sarawak serius teliti cadangan tubuh syarikat penerbangan sendiri

Sarawak serius teliti cadangan tubuh syarikat penerbangan sendiri

KUCHING: Kerajaan negeri serius untuk menubuhkan syarikat penerbangannya sendiri yang akan terbang ke destinasi strategik di rantau ini. Ketua Menteri Datuk Patinggi Abang Johari Tun Openg berkata, cadangan berkenaan amat penting kepada Sarawak dalam mempertingkatkan lagi Sarawak dari aspek destinasi pelancongan. "Syarikat penerbangan Sarawak ini sebenarnya adalah cadangan lama kita dan pada ketika itu, kita mahu mengambil MASwings untuk tujuan berkenaan tetapi syarikat penerbangan Malaysia (MAS) enggan menjualnya kepada kita. "Kini kita sudah ada beberapa pilihan untuk kita mempunyai penerbangan sendiri yang berskala kecil untuk menghubungkan Kuching dengan destinasi strategik lain di rantau ini," katanya pada sidang media selepas melancarkan…
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e27 Report: Malaysia sees more startups and deals than Indonesia, but far less money

e27 Report: Malaysia sees more startups and deals than Indonesia, but far less money

Q3 2015 was a turning point for e27 when we introduced e27 Startups, e27 Investors, e27 Events and e27 Jobs, as a natural and strategic extension to our media platform. Going beyond the daily news grind, this was also a way to keep all active stakeholders of the region’s tech startup ecosystem engaged all 365 days of the year – as an O2O integration to complement our flagship conference brand, Echelon. Since then, e27’s media platform has gained considerable traction, having hosted more than 26,000 startups, 3,000 investors, 13,000 events and 8,000 jobs. Instead of letting all these sit dormant…
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LevelZERO Idea Pitch

LevelZERO Idea Pitch

Stand the chance to win total of RM1,500 cash prizes for Level Zero Startup Ideas!! Calling early stage startups, studentpreneurs, & innovative minds in Blockchain, Artificial Intelligence & Internet of Things(IoT)/ Hardware to participate in “#LevelZERO IdeaPITCH” in conjunction with Malaysia-Asean Entrepreneurs Forum 2019 @ SMECorp! Students, No concrete idea but have a passion? Never mind! Just turn up at selected Industry Pitch Session and talk to our mentors. Don’t miss the opportunity to participate and validate your business idea with mentor support! #StartUpBorneo #Fund4Borneo #startup #Startups #studentpreneur #technopreneur #ideafortomorrow #disrupt #innovation #youthpreneur #startupmalaysia How to Participate? 1- Register your…
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Azmin: A different economic logic for Malaysia

Azmin: A different economic logic for Malaysia

Azmin: A different economic logic for Malaysia  KUALA LUMPUR (8 Oct 2018): The government remains committed to grow and break out of the middle income trap to become an advanced high-income economy, according to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali. “Malaysia remains stuck in the middle-income trap as we have not yet been able to transition towards becoming a high-income nation,” Azmin said in his speech at the Khazanah Megatrends Forum 2018. As of 2017, GDP per capita as measured in terms of nominal US dollars has fallen to 9,944 from a peak of 11,183 in 2014. In…
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New National Car To Roll-out Before 2020

New National Car To Roll-out Before 2020

New national car to roll-out before 2020 CYBERJAYA (October 4th): The new national car project is expected to roll-out it first model before 2020, said Entrepreneur Development Minister Mohd Redzuan Md Yusof. He said the semi-autonomous car was planned to enter the global market and would cater to demand from young people. Figure 1: YB Mohd Redzuan Md Yusof, Minister of Entrepreneur Development of Malaysia. “We are now short-listing two to three partners to participate in this project, including Silterra and CTRM, and expect (the selection) to be concluded by year-end. “The prototype for this (car) model is expected to be ready by…
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Communications Ministry To Form New Commission For Startups

Communications Ministry To Form New Commission For Startups

Communications Ministry to form new commission for startups PETALING JAYA, Sept 28 — The Communications and Multimedia Ministry is considering setting up a commission specifically designed for the startup industry in Malaysia. Minister Gobind Singh Deo said today that there is a need for the government to take an interest in this industry. Figure 1: Communications and Multimedia Minister Gobind Singh Deo and MCMC chairman Al-Ishsal Ishak attend a dialogue in Kuala Lumpur September 28, 2018. “The government must play an active role in encouraging and facilitating this startup industry and in making sure that it succeeds. “In order to…
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