| LATEST NEWS | Malaysia to study impact of Republican Party's defeat in the US midterm elections on bilateral relations – PM Anwar | Malaysia, Singapore to increase cross-border taxi quota to 500 each, add two e-hailing operators from Nov 16 - MOT | Maxis’ net profit for 3Q2026 rises to RM447.0 million from RM412.0 million registered in the same quarter a year ago | UMNO helps settle Najib's RM50 million fine under conditional pardon at KL High Court - Asyraf Wajdi | Sarawak polls set on Dec 12, nomination on Nov 28 - EC | |
KUALA LUMPUR, Nov 6 (Bernama) -- Biotech company, ArrayPatch Ltd (ArrayPatch) has completed the second close of its seed financing round, securing an additional 1.6 million euros, bringing the total raised to 3.2 million euros, as it develops skin patches that deliver medicine through tiny dissolving needles. (1 Euro = RM4.54)
KUALA LUMPUR, Nov 6 (Bernama) -- Public Bank Bhd posted a lower net profit of RM1.77 billion in the third quarter (3Q) ended Sept 30, down from RM1.84 billion, while revenue rose to RM7.74 billion from RM7.41 billion previously.
KUALA LUMPUR, Nov 5 (Bernama) -- Skyro has launched its first credit product in Malaysia, offering eligible consumers a digital way to access short-term financing for everyday financial needs.
KUALA LUMPUR, Nov 4 (Bernama) -- The government is reviewing the proposed implementation of a one per cent sustainable aviation fuel (SAF) blending mandate for international flights departing from Kuala Lumpur International Airport (KLIA) effective January 2027, taking into account current geopolitical developments that are affecting the global energy market.
JOHOR BAHRU, Nov 3 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) has approved RM101.40 million in financing for 186 Bumiputera companies in Johor through two financing programmes between Dec 1, 2024, and Oct 16, 2026.
KUALA LUMPUR, Nov 3 (Bernama) -- The United States (US) is leveraging its foreign assistance to support Malaysia’s adoption of American artificial intelligence (AI) under a new initiative, US-ASEAN AI SPARK, aimed at strengthening technology cooperation and accelerating the country’s digital economy ambitions.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 2 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) expects the country's trade surplus to grow by at least 15 to 20 per cent this year, compared with RM156.83 billion last year, said its chief executive officer Datuk Indera Abu Bakar Yusof.
PETALING JAYA, Nov 2 (Bernama) -- Banking institutions are urged to tap intellectual property (IP)-backed financing to broaden funding opportunities for businesses, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
KUALA LUMPUR, Nov 2 (Bernama) -- Lendlease Global Commercial REIT (Lendlease REIT) recorded a positive retail rental reversion of 10.0 per cent for the first quarter of its financial year 2027 (1Q FY2027), while its weighted average cost of debt fell to 2.50 per cent a year from 2.75 per cent in FY2026.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 31 (Bernama) -- Malaysia's maritime industry is calling for a stronger financing support from local banks to unlock its investment potential and enable domestic players to expand their operations, particularly in the bunkering sector, said Maritime Network Sdn Bhd chief executive officer Datuk Seri Jeyenderan R.
KUALA LUMPUR, Oct 30 (Bernama) -- Cuscapi Bhd has proposed a share capital reduction (SCR) of up to RM190 million pursuant to Section 117 of the Companies Act 2016.
GEORGE TOWN, Oct 30 (Bernama) -- The establishment of the Penang Technology Financial Centre (PTFC) positions the state strategically to capitalise on global geopolitical shifts and the artificial intelligence (AI) supercycle, further accelerating growth in the semiconductor and electrical and electronics sectors.
