Western Digital ready to sell PJ manufacturing site

PETALING JAYA (March 21): Western Digital has decided to sell its hard disk drive (HDD) manufacturing facility site at the Sungei Way Free Trade Industrial Zone (pictured), Petaling Jaya, where the company has been operating for over two decades.

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Prestar eyes highway jobs for earnings sustainability

KUALA LUMPUR (March 21): Prestar Resources Bhd is eyeing highway and associated road projects to deal with the margin squeeze it is currently facing, and the future earnings dilution from the proposed listing of its flat steel manufacturing unit Tashin Holdings Bhd.

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PM: Our goal is to be a developed nation in every sense of the word

  KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.

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EPF may cease to exist in our lifetime — CEO

KUALA LUMPUR (March 20): The rising gig economy and an ageing population are expected to cause a decline in the percentage of workers who contribute to the Employees Provident Fund (EPF), according to its chief executive officer (CEO) Tunku Ali-zakri Alias.

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