HANOI/KUALA LUMPUR (Reuters) - Malaysia has sent a complaint letter to Vietnam over its alleged expansion of a South China Sea reef that both countries claim as their own, two officials told Reuters, in a rare bilateral escalation not involving China. The move brings to light another of the multiple disputes in the strategic waterway, most...
MIRI: Datuk Seri Anwar Ibrahim has agreed for the Miri Airport to be further expanded following the increased number of passengers using it. The Prime Minister said the growth rate of airport users had increased by almost 90% compared to last year, justifying the need for the infrastructure to be further enhanced. "I agree to give attention...
Beijing: Fast-food giant McDonald’s Corp is increasing its minority stake substantially in its business in China to facilitate faster decision-making and exploit growth opportunities in its fastest-growing market. McDonald’s on Monday agreed to raise its stake from 20% to 48%. It will buy additional shares from global investment firm and its strategic partner Carlyle, which operates and...
IPOH: Investors from Penang are seeking to expand their business to Perak, says Mentri Besar Datuk Seri Saarani Mohamad (pic). He said among the locations targeted by these investors is the state's northern region. “Following the Automotive High Technology Valley (AHTV) project in Tanjung Malim, Silver Valley Technology Park in Ipoh, and the Lumut Maritime Industrial City...
PETALING JAYA: MR DIY Group Bhd is bullish on its long-term sustainable growth prospects, buoyed by steady development across all key metrics of the home improvement retailer. The group said this was evident as its strong value-price proposition was relevant and resonated with the value-conscious Malaysian customer, while continuing to eye opportunities for growth investments through...
