The recently proclaimed Special Economic Zone (SEZ) Act, 2022 will make it easier for local and foreign private sector interests to invest in TT. It...
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Australia-based Raiz Invest has now announced that it will close its operations and business in Malaysia. This closure is expected to be implemented in stages. Further announcements from Raiz Malaysia have not yet been made for now.Through Raiz Invest Australia's notification, they stated that Raiz Malaysia is operated through a joint venture between Jewel Digital Venture Sdn Bhd and Raiz Invest Australia Limited. Under the strategic review carried out on the Raiz Malaysia business, both joint venture partners agreed to close the Raiz Malaysia business.It is said that the Raiz Malaysia entity has sufficient funds in the process of closing the company. This closing process will be implemented in stages, in an effort to ensure that various processes and investor assets are well managed.The reason behind the closure of Raiz Malaysia's operations, which has been going on for around 4 years, is not known at this time. Raiz will continue to focus on the Australian market for now.
The recently proclaimed Special Economic Zone (SEZ) Act, 2022 will make it easier for local and foreign private sector interests to invest in TT. It...
Acquity BPO has advised employees that it is closing its operations here at Goedverwagting effective October 15 due to increased operating expenses.
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