KUALA TERENGGANU: A plantation manager lost RM205,983 after falling victim to a non-existent investment scheme. Acting Kemaman police chief DSP Wan Muhamad Wan Ja'afar said that the 56-year-old male victim had invested in the Goldencrimson scheme, which was advertised on social media. The victim, drawn in by the promise of high returns, made 12 transactions, to eight...
KUALA LUMPUR: Malaysia has urged Chinese companies to refrain from using it as a base to "rebadge" products to avoid US tariffs, its Investment, Trade and Industry Deputy Minister Liew Chin Tong (pic) said on Monday, amid increasing export restrictions and concerns of a US-China trade war. Washington is expected to further curb exports to Chinese semiconductor toolmakers...
KUALA LUMPUR: FashionValet Sdn Bhd was seen as a company with potential in the e-commerce space when Khazanah Nasional Bhd made its investment, says Finance Minister II Datuk Seri Amir Hamzah Azizan. "The digital economy was an important core for Malaysia's development, right from the time of the Multimedia Super Corridor with emphasis on the development...
KUALA LUMPUR: FashionValet Sdn Bhd was seen as a company with potential in the e-commerce space when Khazanah Nasional Bhd made its investment, says Finance Minister II Datuk Seri Amir Hamzah Azizan. "The digital economy was an important core for Malaysia's development, right from the time of the Multimedia Super Corridor with emphasis on the development...
KUALA TERENGGANU: A construction site supervisor has fallen victim to an investment scam, losing RM118,800 after being lured into a non-existent scheme through the "ATS Pro" application. Kuala Terengganu OCPD Asst Comm Azli Mohd Noor said the 39-year-old victim came across the application when an unknown individual added it to a WhatsApp group on April 21. Intrigued...
KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions of over RM94mil for seven funds. In a statement, Public Mutual said the gross distributions declared are 5.50 sen per unit for Public Islamic Income Fund, 4.50 sen per unit for Public e-Income Fund, 4.25 sen per unit for Public Bond Fund and...
KOTA KINABALU: Sabah is committed to strengthening its relations with China across various sectors to attract more investors, says Datuk Seri Hajiji Noor. “I hope more investors from China will come to the state as we welcome their presence,” said the Chief Minister when receiving a courtesy call from the Chinese Ambassador to Malaysia, Ouyang Yujing,...
KUALA LUMPUR: The withdrawal of BlackRock's investment from Malaysia, if it happens, will have implications and negative impacts on efforts to realise the country's investment agenda, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. BlackRock is a shareholder in various listed companies worldwide, including sovereign funds from Saudi Arabia, the United...
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim on Tuesday (June 4) received a courtesy visit from Hidetoshi Ilzawa, the Chief Executive Officer and President of Fujifilm Healthcare Americas Corporation (Fujifilm), along with his delegation. In a Facebook post, Anwar shared that the meeting focused on potential investments and support Fujifilm could offer Malaysia's healthcare sector,...
KUALA LUMPUR: Tengku Datuk Seri Zafrul Abdul Aziz announced on Tuesday (May 28) that new key initiatives will be unveiled to enhance the global footprint of Malaysia's semiconductor sector. The Investment, Trade, and Industry Minister said Prime Minister Datuk Seri Anwar Ibrahim will make the announcement on Tuesday afternoon at SemiCon South-East Asia 2024. "It will be...
