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MELAKA, July 16 (Bernama) -- Melaka is strengthening its position as one of Malaysia's leading semiconductor and advanced manufacturing hubs by leveraging its established industrial ecosystem, skilled workforce and strategic location to attract the next generation of high-value investments.
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By Siti Noor Afera Abu
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.
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KUALA LUMPUR, July 16 (Bernama) -- The Kuala Lumpur rubber market extended its losses for a second straight session on Thursday, pressured by declines in regional rubber futures markets and weaker benchmark crude oil prices, a dealer said.
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KUALA LUMPUR, July 16 (Bernama) -- H2O.ai has expanded its investment in its Forward Deployed AI Lab in Singapore, strengthening its regional capabilities to support enterprise artificial intelligence (AI) deployments across the Asia-Pacific (APAC) region.
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KUALA LUMPUR, July 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea’s DB Insurance Co Ltd (DBI).
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KUALA LUMPUR, July 16 (Bernama) -- AM Best has upgraded the financial strength rating of The People's Insurance Company of China (Hong Kong) Ltd (PICC HK) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” (Excellent) from “a-” (Excellent).
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KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.
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KUALA LUMPUR, July 16 (Bernama) -- The Ministry of Finance (MOF) has found that the Retirement Fund (Incorporated) (KWAP) was deceived about its investment in eFishery and that it was a well-planned fraud.
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KUALA LUMPUR, July 16 (Bernama) -- CIMB Islamic Bank Bhd and Cagamas Bhd have partnered to execute three landmark transactions totalling RM650 million comprising Malaysia's first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (Sukuk), Islamic Profit Rate Swap (IPRS) and Islamic Asset Purchase Transaction.
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KUALA LUMPUR, July 16 (Bernama) -- Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).
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KUALA LUMPUR, July 16 (Bernama) -- Cagamas Bhd has successfully executed Malaysia’s first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (sukuk) and Islamic Profit Rate Swap (IPRS) transactions, comprising a RM300 million one-year MYOR-i sukuk and a RM100 million five-year MYOR-i IPRS.
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KUALA LUMPUR, July 16 (Bernama) -- Short-term rates are expected to remain stable today, supported by Bank Negara Malaysia’s operations to absorb excess liquidity in the financial system.