Business

KUALA LUMPUR, South Africa, like Russia and other key fast-developing countries, is keen for Malaysia to join the BRICS group of emerging economies soon given Kuala Lumpur’s strong and consistent stand in supporting the interests of developing nations on major international matters. South Africa’s High Commissioner to Malaysia, Dave Malcomson, said that as a proponent of the South-South movement, Malaysia’s role in BRICS would be further enhanced as the upcoming chairman of ASEAN in 2025 and with its prominence in the Non-Aligned Movement (NAM) as well as Organisation of Islamic Conference (OIC) countries. He said that with South Africa itself

KUALA LUMPUR, MUI Properties Bhd has received an unusual market activity (UMA) query from Bursa Malaysia Securities today due to the sharp rise in its share price and trading volume. At the close today, the company’s shares rose by 10.5 sen to 35 sen, with 41.33 million shares changing hands. It opened at 25 sen and touched its highest at 36.5 sen during the trading session. “Investors are advised to take note of the company’s reply to the UMA query which will be posted on Bursa Malaysia’s website under the company announcements when making their investment decision,” said Bursa Malaysia

He said if these targets can be achieved and Malaysia will be seen as a country with potential, which will indirectly allow it to become an ‘Asian Tiger’ again. “This standard is a simpler standard (to qualify Malaysia for that status). It also depends on our ability to become an international financial hub in addition to the positive performance of Bursa Malaysia,” he told the media after the launch of the 2024 Economic Census Findings by the Department of Statistics Malaysia. Previously, Finance Minister II Datuk Seri Amir Hamzah Azizan was reported to have said that Malaysia is making significant

KUCHING, The government has proposed that Sarawak becomes Malaysia’s hub for the aerospace industry, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the proposal was one of the discussion points during the Sarawak Industry Coordination Joint Committee Meeting here today. Tengku Zafrul said the state has shown great potential in the industry, especially in the commitment to produce skilled workers for the sector. “Sarawak has previously made an announcement (commitment) to produce talents in universities (in Sarawak) focusing on the aerospace industry. “So, we think that there will be talents available, and in terms

KUALA LUMPUR, U Mobile Sdn Bhd and Time dotCom Bhd have established a strategic partnership in anticipation of the accelerated deployment of its 5G network under the government’s dual network model. U Mobile said the partnership will see it tap into Time’s extensive fibre backhaul network to prepare for its second 5G network rollout. “Through this collaboration, U Mobile further strengthens its ability to ensure a superior 5G experience that is highly reliable, supports massive capacity and delivers ultra-fast speeds,” the mobile and digital services provider said in a statement today. U Mobile chief technology officer Woon Ooi Yuen said