Industry News

October 21, 2019

Khazanah expected to make RM5b profit, says Azmin

KUALA LUMPUR: The government is confident that sovereign wealth fund Khazanah Nasional Bhd will return to profitability in the financial year 2019 following initiatives carried out under its restructuring.
October 21, 2019

Johor-Singapore rail link to proceed, but details scarce

KUALA LUMPUR (Oct 11): The federal government plans to proceed with the Rapid Transit System (RTS) between Johor Bahru and Singapore to solve the long-standing traffic congestion on the Causeway.
October 21, 2019

Education Ministry gets an increase of RM3.9b in Budget 2020 allocation

KUALA LUMPUR, Oct 11 — The government has increased allocations for the Ministry of Education (MOE) to RM64.1 billion in Budget 2020, compared to RM60.2 billion in Budget 2019
October 21, 2019

Johor’s Iskandar Investment welcomes Budget 2020 initiatives for digital applications

JOHOR BAHRU, Oct 11 — South Johor’s investment and development firm Iskandar Investment Berhad (IIB) has welcomed the government’s initiatives for digital applications, especially the adaptation of blockchain technology, that was announced in today’s Budget 2020.