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Summary of business stories from June 21 to 27

Corporate News Astro and Netflix have entered into a partnership that will see the streaming service brought on to Astro s platform. The content providers announced in a joint statement that Astro customers will soon be able to access Netflix on their connected Ultra Boxes, first at launch, and subsequently on Ulti Boxes. The partnership offers their Malaysian customers greater convenience by having Netflix with their Astro subscription, which will provide easy access for payment in a single bill at the best value. Oil services and engineering company Serba Dinamik Holdings Bhd is taking legal action against its external auditor KPMG PLT for alleged negligence, breach of contract and breach of statutory duty.

Chinese Solar Power Firm to Invest $10B in Malaysian Production

Reuters A solar power company from China has agreed to invest $10 billion in Malaysia over 15 years, as Chinese firms look to Southeast Asia to expand production and avoid “obstacles” put in by Western countries, a business leader said Friday. Chinese firms favor doing business in Southeast Asia over countries in other corners of the globe because of synergy with Beijing’s One Belt, One Road (OBOR) projects in the region, said Tan Yew Sing, president of the Malaysia-China Chamber of Commerce. “China is keen to work in Malaysia because the United States and Western countries are putting more obstacles for China to invest there. They are looking into ASEAN countries, the Middle East, and Africa,” Tan told BenarNews, an RFA-affiliated online news service, referring to the Association of Southeast Asian Nations.

Chinese Solar Power Firm to Invest $10B in Malaysian Production

Chinese Solar Power Firm to Invest $10B in Malaysian Production
benarnews.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benarnews.org Daily Mail and Mail on Sunday newspapers.

Govt approves solar module manufacturing investment worth RM42 2b

Govt approves solar module manufacturing investment worth RM42 2b
malaysiakini.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaysiakini.com Daily Mail and Mail on Sunday newspapers.

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