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Serviced residences record demand growth of 17.3 pct in 2019

KUALA LUMPUR, Serviced residences recorded the highest demand growth of 17.3 per cent last year among the three property types, followed by condominiums at 14.2 per cent, due to a modest drop in capital appreciation,…

Malaysia’s 5G a step closer to reality

KUALA LUMPUR, Malaysia’s fifth-generation (5G) technology plans is one step closer to becoming a reality, with all eyes on the launch of the 5G Demonstration Project (5GDP) in Langkawi, Kedah this Sunday by Prime Minister…

Willis Lease enters Constan tAccess agreement with Scandinavian Airlines System

KUALA LUMPUR, Willis Lease Finance Corporation has entered into a ConstantAccess agreement with Scandinavian Airlines System. The Company will guarantee availability of CFM56-5C engines to cover requirements due to both planned and unplanned removals of…

Malaysia sets CPO export duty of 6 pct for February

KUALA LUMPUR, Malaysia will impose a six per cent export tax on crude palm oil (CPO) for February 2020, the Malaysian Palm Oil Board (MPOB) said. The palm oil reference price is calculated at RM2,907.63…

Nippon Express consolidates 3 group companies in Italy

KUALA LUMPUR, Three Nippon Express Group companies in Italy, namely Nippon Express Italia Srl, Franco Vago SpA and Traconf Srl were merged to form Nippon Express Italia SpA on Jan 1.The merger aims to accelerate…

Fullrich, ILS ink deal on smart school collaboration

LABUAN, Approved e-money issuer Fullrich Malaysia and its e-wallet brand TaPay today signed a Memorandum of Understanding (MoU) with Labuan International School (LIS) as part of its on-going effort to help empower the smart school…

Boost to grow customer base to 10 mln by year-end

KUALA LUMPUR, Homegrown lifestyle e-wallet, Boost aims to increase its users to 10 million by year-end from 5.1 million users currently, propelled by the increased e-wallet adoption among Malaysians as well as the government’s ongoing…