Malaysia is the ninth largest market worldwide for Chinese tourists’ overseas spending as recorded by Alipay, a third-party mobile and online payment platform offered by Ant Financial, an affiliate company of Alibaba Group.

The transactions, which was recorded during the May Day holiday period, also saw Malaysia beating more developed markets like the United States.

The three-day annual holiday, celebrated in China, saw Alipay process five times as many in-store transactions overseas than 2017.

“Despite only being introduced to Malaysia in May last year, the country made its mark by becoming one of the top ten countries for transactional volume recorded, with an average per-capita spend of 1,021.18 renminbi or RM635.97,” it said.

Active in the local Malaysian e-wallet industry since its introduction, Alipay is now accepted in over 18,000 mechants nationwide.

Write a comment..KUALA LUMPUR: Malaysian Resources Corp
image: https://cdn.thestar.com.my/Themes/img/chart.png

Bhd (MRCB) does not expect the pledges made by the new Pakatan Harapan Government to have an impact on the company’s ongoing projects.

MRCB chief corporate officer Amarjit Chhina clarified that just over 20% of the company’s orderbook comprised government projects.

“We’re in great shape. Only 23% of our projects are from the Government,” he said after the company AGM and EGM today.

Executive director Mohd Imran Mohd Salim said the group will continue to tender for all kinds of projects - regardless of whether it is government-linked or otherwise.

“We will aggressively tender, whether it is government-linked, private or overseas. As long as there is a tender, we will try,” he said.
Read more at https://www.thestar.com.my/business/business-news/2018/05/21/business-as-usual-for-mrcb/#LwSJZSzOqUqVjyu2.99

only 23 percent of the work in MRCB is govt. link.

Anyone bought... Very cheap now.

taliworks will finally get back the money .....over 500 million. It has been a long wait. Taliworks promised to pay a special dividend . Hope it will be soon.

malton same boss with wct

malton dropping....connection with wct

Water supply issue solved soon; Putrajaya a friend now: Azmin

engine started but no minyak

I think it is, related to Ewein...is it...?

tomolo holiday confirm???

tomolo no market until next week...is it???

drop 2 sen only

KUALA LUMPUR (April 18): The oil and gas (O&G) sector is likely to see a recovery on all fronts this year, having seen its earnings trough in 2017, said RHB Research Institute.

In its strategy note focusing on Malaysia, the research firm said signs of recovery were seen in the sector, especially for upstream services players such Malaysia Marine and Heavy Engineering Holdings Bhd and Sapura Energy Bhd.

Downstream-related companies including Petronas Chemicals Group Bhd and Petron Malaysia came above expectations on the back of stronger refining and petrochemical spreads.

"Overall, we believe the market has seen its worse showing in 2017 and, moving forward, a recovery in earnings would be seen," said RHB Research.

Malaysia Marine and Heavy Engineering Holdings ( MHB) not yet move...How??

short sellers panicking now.

Now ....going to 80 sen

here comes 80 sen soon

wooooooooooooooo

if it wants to drop , it already drop yesterday or now....still holding strong. If a counter dont go down, no choice , it will go up,but dont know when...should be up soon...oil price up.

cross 90...will be 1 rm coming...no roadblock

no road block....

today may reach 90

after 85.5 , no more road block

back to 1 rm soon...

break 86 ....back to 1 rm chance.

I have read somewhere where psycologists said these people usually are very lonely in life and got their feeling very hurt in the past are like that.

from 50 sen to 35 now..

Ekovest fails to get shareholders' approval for IWCity takeover, 69% vote against exercise

hng33 a very good trader...i followed him to trade sometimes. Make Good profit. I think he is one of the best trader here. Others bullshit a lot. Hng33 is a trader and not long term investor and it is different from a lot of people here who is long term investors.

epf selling saprng , drops. Ltat buying Lionind, also drop ....89 holding well , should rebound from here. I bought already at average price 90.5

can buy at 31?? very cheap already?

annjoo anytime will move...very good support at 312 and will lead the steel counters

Wah.... All the analysts in Ta, Kenanga, Maybank, hiking n all brokesrs firm also wanted. They are the ones who made us lose our pants. Lately brokers recommended Sasbadi Fell like shit till today. So many get caught at 60 Sen.

there are many other counters that pump n dump...b careful

when analyst sell call n tp 40 sen just recently, it will go up .dont know why they employ him.

wahhhh....limit up??

come on throw to 88...please

waiting for you at 88...come on

dont bully old man, EPF...be a man

probably this afternoon will goreng

consolidating is the best time to buy compare with catching a falling knife or chasing up a share. Now it is the time to buy...just kidding

this is called building up the base...and soon i believe it will kaboom and a lot of people will say miss the boat. Up , we say dont chase wait for it to come down first. When it is down, we say wait some more down only buy...when it is consolidating, we say ...wait wait and finally kaboom...all missed the boat. Hahahaaa....just a joke

my guess is one of these days opening will be 2 or 3 sen and anyone wanted to buy will pay a higher price. SAP already stabilise

the volume today is very much less....this shows no one is throwing big and 80 sen hold well. Anytime next week, sudden increase in volume without anybody noticing will drive SAP to up and many people will say MISSED THE BOAT

but dont buy what u cant afford . Buy some first lah.

so many years playing the market, it always happen this way. If u wait for 60 sen or cheaper, hard chance. How many times u said to yourself, aiyah...missed the boat

frankly, I bought between 80 to 81.5 and I am confident it will go up.

this is the best time to buy....do u want to buy a counter who is going down everyday or prefer to buy when it already reach a level that have some support??

epf still holding so much shares....u think they will going to hammer their holdings to 50 or 60 sen??

been hammering down for so long...already discounted for every bad news