Command Alkon Marks 50 Years Of Technology For Heavy Building Materials

KUALA LUMPUR, Sept 3 (Bernama) -- Command Alkon, a software and solutions provider for the heavy building materials industry, is celebrating its 50th anniversary.

AM Best Retains Stable Outlook For Taiwan Non-Life Insurance

KUALA LUMPUR, Sept 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Taiwan’s non-life insurance segment amid the implementation of Taiwan Insurance Solvency (TIS), IFRS 17, and consistent premium expansion across retail and commercial lines.

Gradiant Wins West Texas AI Data Centre Water Contract

KUALA LUMPUR, Sept 3 (Bernama) -- Gradiant, the water layer of the artificial intelligence (AI) economy, has secured a new contract to deliver a full turnkey water and wastewater package for a hyperscale AI data centre campus in West Texas, covering potable water supply and wastewater treatment as a single accountable partner.

Govt’s RM11.5 Bln Sukuk Issuance Strengthens TH Cash Flow -- Nurhisham

KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow. 

Malaysia, Indonesia Eye Further Growth In RM114 Bln Bilateral Trade - Johari

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.

EIG Leads 460 Mln-Euro Structured Credit Facility For Aukera

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)

NBA MVP Russell Westbrook Joins Project B As Chief Strategy Officer

KUALA LUMPUR, Sept 3 (Bernama) -- Project B announced that NBA Most Valuable Player (MVP) Russell Westbrook has joined the company’s founding team as Chief Strategy Officer, taking an active role in shaping its basketball strategy and long-term vision.

BNM Maintains OPR Unchanged At 2.75 Pct

KUALA LUMPUR, Sept 3 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent at its meeting today.

Fortrea To Acquire Worldwide’s Early Phase Business

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)

CPO Futures End Lower Amid Soybean Oil Weakness, Softer Exports

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly lower on Wednesday, tracking weakness in soybean oil futures and after recent softer exports of palm oil.

Oil & Gas Asia 2026 To Attract Over 30,000 Attendees, 2,000 Participating Companies

KUALA LUMPUR, Sept 2 (Bernama) -- Oil & Gas Asia (OGA) 2026 will take place from Sept 2-4, 2026, at the Kuala Lumpur Convention Centre, and it is expected to attract more than 30,000 trade attendees and feature over 2,000 participating brands and companies.

AirAsia’s US$1 Bln Fundraising To Refinance Debt, Strengthen Balance Sheet

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.