30d ago
KUALA LUMPUR, July 7 (Bernama) -- Proxima Fusion has raised 411 million euros (US$468 million) in a financing round, valuing the company at 2.4 billion euros (US$2.7 billion) and making it Europe's best-funded fusion energy company. (US$1=RM4.08)
30d ago
KUALA LUMPUR, July 7 (Bernama) -- Aztiq, an investment company, has promoted David Olafsson, Danny Major and Eunsun Choi to Partner, recognising their significant contributions to the company's growth, investment activities and long-term value creation across the healthcare ecosystem.
30d ago
KUALA LUMPUR, July 7 (Bernama) -- Stronger realisation of operating expenditure (opex) savings is expected to drive CelcomDigi Bhd's earnings growth of 18.4 per cent in the financial year ending 2027 (FY2027), as integration synergies gain momentum after the completion of its information technology (IT) platform upgrade.
30d ago
KUALA LUMPUR, July 7 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the second half of 2026 (2H 2026) and peak in the first half of 2027 (1H 2027), driven by a very strong El Nino expected to hit Southeast Asia later this year.
30d ago
KUALA LUMPUR, July 7 (Bernama) -- Jensen Hughes has acquired Singapore-based HiLT Pte Ltd (HiLT), strengthening its presence in the Asia-Pacific (APAC) region and expanding its fire protection engineering capabilities across key sectors.
30d ago
By K. Naveen Prabu
KUALA LUMPUR, July 7 (Bernama) -- AIA Malaysia is strengthening its presence in the high-net-worth (HNW) segment through AIA Infinite, which supports wealth preservation, legacy planning and multi-generational financial continuity as clients navigate an increasingly complex and globalised financial environment.
1m ago
By Nik Nurfaqih Nik Wil
JAKARTA, July 6 (Bernama) -- Indonesia's Carbon Economic Value (NEK) instrument is projected to attract up to US$5.8 billion (US$1=RM4.08) in green investment while reducing greenhouse gas emissions by an estimated 570 million tonnes of carbon dioxide (CO2) equivalent.
1m ago
KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).
1m ago
KUALA LUMPUR, July 6 (Bernama) -- Enest Group Bhd's initial public offering (IPO) has been oversubscribed by 1.94 times, ahead of its listing on the ACE Market of Bursa Malaysia.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia ended higher on Monday, supported by renewed buying interest in banking and plantation counters.
1m ago
ALOR GAJAH, July 6 (Bernama) -- The RM300 million Melaka Inland Port (MIP) project is expected to be a catalyst for the state’s economic growth by bolstering the logistics and trade sectors and supporting the state government’s aspiration to reach RM10 billion in investments by 2030.
1m ago
KUALA LUMPUR, July 6 (Bernama) -- Shares of Malaysian Resources Corporation Bhd (MRCB) rose in early trade today on potential spillover effects from the Light Rail Transit 3 (LRT3) project, including transit-oriented development opportunities along the rail line.