Malaysia Business News

Malaysian electricity rate to rise average 7.12%

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The Malaysian government announced that the eletricity power prices will increase by 2.23 sen kilowatt per hour (kWh) or 7.12 percent to 33.54 kWh,...

BR1M 2.0 payments to begin in January 2013

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People eligible to receive the 1Malaysia People's Aid (BR1M) 2.0 will begin getting their money early next year, Second Finance Minister Ahmad Husni Hanadzlah...

Petronas Chemicals IPO may oversubscribed by 3x

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Petronas Chemicals Group Berhad’s initial public offering (IPO) has been covered three times at the high end of the RM4.50-RM5.20, The Edge reported. A...

Pay your workers’ socso or get fine & jail

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TAIPING: The Social Security Organisation (Socso) will be going after employers who have yet to register their workers under the organisation starting Aug 1. Human...

Appeal form for RM500 cash aid application rejected by MOF

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Malaysian Government is progressively releasing the RM500 cash aid to its people since January 2012. However, some applications were rejected due to incorrect, incomplete...

Apply IPO: Bumi Armada or OLDTOWN ?

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  Following the closing of UOA IPO for application on 25 May 2011 and balloting of successful applications on 27 May 2011,...

EPF contribution by sole proprietors and partnership

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Some owners/partners under the sole-proprietorship and partnership may drawn salaries and allowances for themselves as well as make contributions to Employees Provident Fund (EPF)...

Petronas Chemicals IPO RM5.05 launched today

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Following the first of two series IPO exercises, in which Malaysia Marine And Heavy Engineering Berhad get listed with an overwhelming premium of RM0.71...

What is Section 114A of the Evidence Act 1950?

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New section 114A of of the Evidence Act 1950. “Presumption of fact in publication” 114A. (1) A person whose name, photograph or pseudonym appears on any...

Malaysia Marine IPO closing today oversubscribed 15x

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Malaysia Marine & Heavy Engineering Holdings Bhd, the rig-building arm of MISC Bhd, received bids for more than 15 times the number of shares...

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