Khazanah getting RM1b to kick off ‘national fund of funds’ to invest in high growth Malaysian companies, says PM Anwar

Khazanah getting RM1b to kick off ‘national fund of funds’ to invest in high growth Malaysian companies, says PM Anwar

KUALA LUMPUR, April 22 — Prime Minister Datuk Seri Anwar Ibrahim today announced an initial RM1 billion allocation for sovereign wealth fund Khazanah Nasional Berhad to invest in innovative high growth Malaysian companies. He described the venture that is expected to see up to RM3 billion in the Malaysian and South-east Asian ecosystem under the … Read more

Industry: Global music biz sees 10.2pc growth in 2023, led by Taylor Swift and K-pop

Industry: Global music biz sees 10.2pc growth in 2023, led by Taylor Swift and K-pop

NEW YORK, March 22 — Global music revenues were up 10.2 per cent last year to US$28.6 billion (RM135 billion), according figures released yesterday, but record firms are concerned over how to maintain growth in the streaming era. The biggest artist in the world was — no surprise — Taylor Swift, according to the annual … Read more

Unwillingness to address racism will blunt Malaysia’s growth, Putrajaya told

Unwillingness to address racism will blunt Malaysia’s growth, Putrajaya told

KUALA LUMPUR, March 15 — Malaysia’s reluctance to confront rising racism in the country stands as one of the most significant impediments to the nation’s progress, according to a new Pusat Komas report launched today. Pusat Komas director Jerald Joseph said recent political speeches have exhibited a troubling trend of unabashed racism, with numerous derogatory … Read more

Julau MP: Various courses planned for economic development growth

Julau MP: Various courses planned for economic development growth

JULAU, March 10 — Julau MP Datuk Larry Sng Wei Shien has plans to take various approaches for the growth of economic development in Julau. According to Sng, handicrafts nowadays are increasingly popular and have a relatively high market and demand, both domestically and internationally. “Our party has plans for the community in this area, … Read more

Youth and Sports Ministry will strengthen esports development to generate high growth, deputy minister tells Dewan Rakyat

Youth and Sports Ministry will strengthen esports development to generate high growth, deputy minister tells Dewan Rakyat

KUALA LUMPUR, March 7 — The Ministry of Youth and Sports (KBS) will strengthen the development of electronic sports (esports), which has high potential for the country’s economy, the Dewan Rakyat was told today. Its Deputy Minister Adam Adli Abdul Halim said that esports are also seen as capable of producing many industry players, including … Read more

Govt must explore new growth areas immediately, improve export performance, Dewan Rakyat told

Govt must explore new growth areas immediately, improve export performance, Dewan Rakyat told

KUALA LUMPUR, Feb 27 — Immediate action to explore new growth areas must be undertaken in tandem with the empowerment of the main sectors, said Datuk Mohd Shahar Abdullah (BN-Paya Besar). Mohd Shahar, who is also the Special Select Committee on Finance and Economy chairman, said the export of electronic products and commodities to new … Read more

Endexx Corporation Announces Strategic Shift in Auditor Services to Bolster Growth and Transparency

Endexx Corporation Announces Strategic Shift in Auditor Services to Bolster Growth and Transparency

CAVE CREEK, AZ, Feb. 16, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx Corporation (OTCQB: EDXC), a leader in the development and distribution of innovative wellness and nutritional products, today announced a strategic update on its auditing and financial reporting processes, underscoring its commitment to operational excellence and heightened transparency for its shareholders. Strategic Decision … Read more

Peyto Delivers Strong Reserves Growth In 2023

Peyto Delivers Strong Reserves Growth In 2023

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2023. The evaluation encompassed 100% of Peyto’s reserves and was conducted by GLJ Ltd. (“GLJ”). The year 2023 marks the … Read more

Directed Energy Weapons Market Growth in the UK

Directed Energy Weapons Market Growth in the UK

Chicago, Feb. 15, 2024 (GLOBE NEWSWIRE) — Market expansion through significant investment in military system development programs European countries have strong Air Forces, which are more inclined toward procuring directed energy weapons to strengthen their position. The Navy of these countries has been focusing on directed energy weapons for the last few years. They have … Read more

PM Anwar: New Bumiputera growth areas need to be identified for the benefit of all

PM Anwar: New Bumiputera growth areas need to be identified for the benefit of all

KUALA LUMPUR, Feb 14 — New Bumiputera growth areas need to be identified so that the benefits can be enjoyed by everyone and not just certain groups, said Prime Minister Datuk Seri Anwar Ibrahim. Hence, he said the Madani Government is determined to strengthen the Bumiputera agenda and wants the Bumiputera Economic Congress 2024 (KEB … Read more