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News by theedgemarkets.com

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Covid-19: Malaysia's new cases top 21,000 for second straight day on Aug 13, 12.6% involve the fully inoculated

13 August, 2021

This is the fifth time the country has recorded more than 20,000 daily Covid-19 cases

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news

Paramount completes investment into P2P financing platform Fundaztic

13 August, 2021

Paramount said its wholly-owned subsidiary Magna Intelligent Sdn Bhd had signed a conditional share subscription agreement with P2P Venture Sdn Bhd and Omegaxis on April 15, for a 30% stake in Omegaxis for RM13.7 million

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Majuperak enters RM140m land swap deal to add landbank in Silver Valley Technology Park

13 August, 2021

Majuperak Holdings: The proposed land swap represents an opportunity for Majuperak to unlock the value of its investments in MERSB lands. In this respect, the group is expected to record a one-off pro forma net gain of RM38.66 million from the disposal

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BNM says banks will continue to offer targeted loan repayment assistance to borrowers when moratorium ends

13 August, 2021

Governor Datuk Nor Shamsiah Mohd Yunus said that with the reopening of the economy, the central bank expects loan-repayment assistance to be more targeted as the financial needs and circumstances will differ among borrowers

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Khairy: PICK to start vaccinating 12- to 17-year-olds against Covid-19

13 August, 2021

Minister Khairy Jamaluddin said an announcement on the implementation of Covid-19 vaccinations for this age group will be made next week

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Covid-19: Malaysia's daily vaccination doses rise to 525,342 on Aug 12

13 August, 2021

A total of 3.72 million adults or 44% of the total population of the Klang Valley had received their two-dose vaccination as of yesterday.

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news

BNM: Malaysia's 2Q21 GDP grew 16.1% y-o-y

13 August, 2021

"Economic performance was supported mainly by the improvement in domestic demand and continued robust exports performance."

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Deloitte Malaysia supports reintroducing GST

13 August, 2021

Replacing the SST with GST will allow the Government to widen its tax base in order to address the fiscal imbalance caused by the pandemic.

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Ta Ann sees improved earnings for timber segment amid shortage of raw materials

13 August, 2021

This is mainly due to a shortage of raw materials and increase in housing demand in Australia, the US and other timber-consuming countries. 

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news

Tri-Mode to increase warehouse capacity in Pulau Indah

13 August, 2021

Tri-Mode said it plans to build a 150,000 sq ft warehouse on-site in the next one or two years in view of the overwhelming demand for warehouse services currently.

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