Entries by Tim

MALAYSIA AIRLINES LAUNCHES NEW INITIATIVE TO GET PEOPLE FLYING AGAIN

Malaysia Airlines and its partners have today launched a new initiative that will help the much-affected travel industry and offer a great boost to local hotels and restaurants across Malaysia. MHholidays is offering free flights and accommodation for kids with every holiday package booked from now until 2 September 2020. That makes family trips so […]

UK gives green light to overseas trips

Travel operators have reported a big rise in bookings and inquiries about international holidays as UK holidaymakers rush to book Mediterranean breaks after the government gave the green light to overseas trips from early next month. TravelSupermarket, the holiday price comparison site, said this weekend had been the busiest for searches since the lockdown was imposed in […]

Ariat to invest and bring new jobs to Fort Worth

Fort Worth is looking to its cowboy roots to wrangle in more jobs — Western apparel maker Ariat International will move into the AllianceTexas corridor, and the city may provide incentives worth about $2 million. The city has been working with the clothing brand since last year, said Robert Sturns, economic development director. Ariat will add 75 […]

Federal Contract Spending Reaches Its Highest Level Ever in Fiscal 2019

Federal Contract Spending Reaches Its Highest Level Ever in Fiscal 2019 Federal contract spending grew for the fourth year in a row to reach $567 billion in fiscal 2019, its highest level yet and a 6% increase over the previous year, according to newly released data.  Spending is expected to exceed $600 billion in fiscal […]

Green tech plans to restart the economy

Green tech plans to restart the economy Australian tech startups should embrace clean energy as the economy slowly recovers, says the Chair of Tesla Inc, who will address Sydney entrepreneurs next month. Robyn Denholm, the Australian successor to Elon Musk as chair of the electric cars, solar panels and clean energy storage giant is among […]

International startups go online to strengthen Sydney’s economy

A new program creates jobs and supports local business through a successful partnership with the City of Sydney. Recognising the need to futureproof Sydney’s economy, in 2019 the City of Sydney partnered with Haymarket HQ. The innovation hub provides office space and online support for international startups and entrepreneurs. The City of Sydney-Haymarket HQ partnership […]

Communication firms given go-ahead to operate 5G

Singtel, Starhub-M1 and TPG have been given a go-ahead from the Infocomm Media Development Authority (IMDA), separate press releases revealed. Singtel and Starhub-M1 can now operate 5G networks nationwide, whilst TPG acquired 5G millimetre wave (mmWave) spectrum rights in both 26GHz and 28GHz bands. Nokia is now the 5G tech partner of StarHub-M1 for the […]

Singapore – Moves to Phase 2 in COVID-19 Circuit Breaker

The Multi-Ministry Taskforce announced on 15 Jun 2020 that Singapore will move into Phase Two after 18 June 2359 hours. This is because community infection rates have generally remained stable, cases in migrant worker dormitories have declined, and there are no new large clusters emerging. Approach for Phase Two The aim is to ensure that […]

InvestKL confident of attracting MNCs

InvestKL is confident it can attract at least 10 multinational companies (MNCs) into the country this year, a feat that would surpass the investment promotion agency’s target of cumulatively bringing in 100 foreign investors to Malaysia by 2020. From 2011 to 2019, InvestKL’s record stood at 91 MNCs, bringing in total investments worth RM13.95bil and  […]

Malaysia set for recovery in 2021

In line with the reopening of the economy which saw nearly 70% of the workforce returning to work in various sectors, Malaysia has the capacity that is set to spur an economic recovery in 2021, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said. “We must rise again and record a positive Gross Domestic […]