1d ago
KUALA LUMPUR, Oct 21 (Bernama) -- MET Asia, the Singapore-based regional arm of energy company MET Group, has appointed Esther Ang as Chief Executive Officer (CEO), effective Nov 1, as the group expects Asia to account for 30 per cent of its liquefied natural gas (LNG) deliveries this year.
1d ago
KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) and Tenaga Nasional Bhd (TNB) have forged a strategic partnership to advance sustainable energy solutions and the development of more energy-efficient rail infrastructure.
2d ago
KUALA LUMPUR, Oct 21 (Bernama) -- AwanBiru Technology Bhd’s (Awantec) wholly-owned subsidiary, Awantec System Sdn Bhd has secured an Enterprise Resource Planning (ERP) contract worth RM8.68 million from TH Plantation Bhd.
2d ago
KUALA LUMPUR, Oct 20 (Bernama) -- The minimum 30 per cent Bumiputera equity requirement remains in place in line with the Property Acquisition Guidelines (GPPH), which took effect on July 13, 2022, and is subject to approval by the Economy Ministry.
2d ago
KUALA LUMPUR, Oct 20 (Bernama) -- Contract research organisation Fortrea has completed its acquisition of the Early Phase Services division from Worldwide Clinical Trials, in an all-cash transaction valued at approximately US$45 million. (US$1 = RM4.07)
3d ago
KUALA LUMPUR, Oct 21 (Bernama) -- As one walks through Kuala Lumpur today, the signs of momentum are hard to miss. The city is alive with new luxury openings, rising occupancy and a steady stream of capital moving into hospitality assets that, not long ago, would have been considered a niche corner of the property market.
3d ago
KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia aims to spearhead the transition towards greater use of Islamic finance to drive cross-border investment, supported by stronger ties with emerging markets, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
3d ago
KUALA LUMPUR, Oct 19 (Bernama) -- Jati Tinggi Group Bhd’s (JTG) wholly owned subsidiary Jati Tinggi Holding Sdn Bhd (JTHSB) has acknowledged a letter of acceptance (LOA) worth RM30.1 million for contract works as the main contractor for a data centre in Kulai, Johor.
3d ago
KUALA LUMPUR, Oct 19 (Bernama) -- MMAG Holdings Bhd’s (MMAG) indirect subsidiary, MJets Air Sdn Bhd, is disposing of a Boeing B737-400SF aircraft to Mont Gabanon Airlines (MGA) for US$2.8 million in cash.
3d ago
KUALA LUMPUR, Oct 19 (Bernama) -- BYD Energy Storage has built a global after-sales service network covering China, Chile, South Africa, the United Kingdom, the United States, Australia, Japan, Poland and the Middle East, and plans to open new service centres in South Africa and Bulgaria in 2027.
4d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Oct 19 (Bernama) -- CIMB Treasury and Market Research expects Bank Indonesia (BI) to raise its benchmark interest rate this week, bringing forward its previous December forecast amid mounting pressure on the rupiah and the risk of further capital outflows following MSCI’s proposed reclassification of Indonesia’s equity market.
4d ago
PUTRAJAYA, Oct 19 (Bernama) -- The government continues to shoulder debt obligations inherited from previous administrations, including liabilities linked to 1Malaysia Development Bhd (1MDB), while working to reduce its reliance on new borrowing, said Prime Minister Datuk Seri Anwar Ibrahim.