25d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Sept 3 (Bernama) -- Malaysia and Indonesia have significant scope to expand bilateral trade beyond the RM114 billion recorded last year by strengthening trade facilitation and improving cross-border goods movement.
25d ago
KUALA LUMPUR, Sept 3 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has served as the lead investor for Aukera’s 460 million euros structured credit facility. (1 Euro = RM4.67)
25d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Patton LLC and alfanar have signed a strategic cooperation agreement to modernise operational technology (OT) and information technology (IT) networks supporting electrical substations, smart-grid infrastructure and critical energy operations across Saudi Arabia.
25d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Fortrea and Worldwide Clinical Trials (Worldwide) have signed a definitive agreement under which Fortrea will acquire Worldwide’s Early Phase Services division (Early Phase) in an all-cash transaction valued at approximately US$45 million. (US$1=RM4.03)
25d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Agrobank continues to strengthen its role as an agricultural development financial institution by channelling pineapple industry development financing to Ning Planters Sdn Bhd to support the development of the Sarawak Gold 1 (SG1) premium pineapple industry.
25d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Tomei Consolidated Bhd’s GoldNow has introduced new Gold Gifting and Gold Savings features to further strengthen its position as Malaysia’s premier mobile gold accumulation platform.
25d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia opened higher on Thursday, supported by gains in financial, plantation and utilities stocks, as investors awaited Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision later in the day and tracked Wall Street’s positive overnight performance.
26d ago
KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.
26d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) aims to sustain Malaysia's oil and gas production at two million barrels of oil equivalent per day (mmboe/d) through 2028, said its president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz today.
26d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit continued to trade lower against the US dollar on Wednesday but strengthened against the British pound and the euro amid rising global bond yields and concerns over elevated government debt levels.
26d ago
KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia has launched its first codeshare partnership with Turkiye’s low-cost carrier (LCC), Pegasus Airlines, connecting Southeast Asia and Europe via Istanbul.
26d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Pacifica Hotels G.K. and its subsidiary Furano Hospitality G.K. have signed a franchise agreement with Marriott International to develop Westin Hokkaido Furano Resort, marking the first Westin resort in Japan and the brand’s debut in Hokkaido.