Stay updated with breaking news from Starbiz malaysia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
PETALING JAYA: As Asean countries stand to chart stronger economic growth this year compared to some of their developed peers, Malaysia as a member of the Asean bloc is in a favourable position to attract more foreign direct investment (FDI). ....
PETALING JAYA: The manufacturing sector, one of the key contributors to the domestic gross domestic product (GDP), is expected to face more headwinds that could dampen manufacturing activities going forward. ....
PETALING JAYA: There could be some light at the end of the tunnel for the local oil and gas (O&G) sector as the government is taking steps to revive the sector. The oil and gas services and equipment (OGSE) sector has been stuck in the doldrums, with many companies sitting on huge debts following the 2014 crude oil price rout. Last year’s Covid-19 pandemic has put further strain on the industry. Yesterday, the government launched its first blueprint, dubbed as the National OGSE Industry Blueprint 2021-2030, focusing on the O&G service providers that have been badly hit due to the Covid-19 fallout. ....