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APEC Calls For Fewer Trade Barriers To Sustain Regional Growth As Rising Restrictions Pose Challenges

KUALA LUMPUR, Nov 15 (Bernama) -- Rising trade restrictions across the Asia-Pacific region are posing challenges to businesses and supply chains, with the number of trade-restrictive measures in force nearly three times the number of trade-facilitating measures, said APEC Policy Support Unit director Carlos Kuriyama.

Smallholders Face Mill Intake Risks Amid Palm Oil Glut - Analyst

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 12 (Bernama) -- Independent smallholders are likely to bear the brunt of Malaysia's rising palm oil stockpiles and weakening prices, as they have little flexibility to delay sales and risk facing stricter palm oil mill intake quotas and fruit rejections, according to an analyst.

ECRL Brings New Dimension To Rail Transport With Lots Of Benefit To East Coast Region

KUALA LUMPUR, Nov 12 (Bernama) -- The opening of the East Coast Rail Link (ECRL) will soon bring great relief to East Coast Region residents, as this modern rail service can shorten the travel time between Kelantan, Terengganu, and Pahang to the Klang Valley compared to existing land transportation methods.

Energy Security Push Could Lower Global Warming – Wood Mackenzie

KUALA LUMPUR, Nov 11 (Bernama) -- Countries pursuing energy security above all else could produce lower global warming outcomes than expected, not through climate policy but as a by-product of faster electrification driven by efforts to cut energy imports, according to Wood Mackenzie.

Kitacon Unit Secures RM54.87 Mln Main Building Works Contract

KUALA LUMPUR, Nov 10 (Bernama) -- Kumpulan Kitacon Bhd’s wholly owned subsidiary, Kitacon Sdn Bhd, has accepted a letter of award from Sime Darby Property (Elmina North) Sdn Bhd for main building works, including ancillary buildings, worth RM54.872 million.

Yinson Clarifies It Has Not Accepted RM2.50 Privatisation Proposal

KUALA LUMPUR, Nov 10 (Bernama) -- Yinson Holdings Bhd has clarified that it has not accepted the proposed privatisation scheme or the terms of the proposal letter involving its major shareholders' plan to privatise the company at RM2.50 per share.

YYForce Eyes Sustained Profitability On Robotics, Workforce Automation

KUALA LUMPUR, Nov 10 (Bernama) -- Nasdaq-listed workforce and facility management provider, YYForce Inc (YYForce) announced it is moving towards sustained profitability and positive operating cash flow, although it did not disclose any financial figures.

Nestcon Unit Clinches RM161 Mln Contract To Build Serviced Apartment Tower

KUALA LUMPUR, Nov 6 (Bernama) -- Nestcon Bhd’s wholly owned subsidiary Nestcon Builders Sdn Bhd (NBSB) today accepted the letter of award (LOA) from BU Developments Sdn Bhd for the construction of one block of 36-storey serviced apartments in Bandar Baru Ulu Kelang, Gombak, Selangor, worth RM161 million.

Waja Konsortium Unit Secures RM190 Mln Building Contract In Johor Bahru

KUALA LUMPUR, Nov 4 (Bernama) -- Waja Konsortium Bhd’s 51 per cent-owned subsidiary Waja Build Tech Sdn Bhd (WBTSB) has secured a RM190 million contract from Affluent Crafts Sdn Bhd to undertake main building and external works for a mixed residential development in Johor Bahru.

Malaysia To Expand Local Currency Use Through BRICS Cooperation - MoF

KUALA LUMPUR, Nov 3 (Bernama) -- Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.

Non-bank Financial Institutions Not Under SC’s Regulatory Framework - MOF

KUALA LUMPUR, Nov 3 (Bernama) -- Non-bank financial institutions (NBFIs) do not fall under the regulatory framework of the Securities Commission Malaysia (SC), the Ministry of Finance (MOF) said.

Theta Edge's Unit Secures RM33.01 Mln Contract To Supply Personal Computers

KUALA LUMPUR, Nov 3 (Bernama) -- Theta Edge Bhd's unit, Theta Technologies Sdn Bhd, has secured a RM33.01 million exclusive contract from Aceteam Networks Sdn Bhd to procure and supply up to 5,742 laptops and desktop computers under a device as a service (DaaS) lifecycle management project.