KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 15 (Bernama) -- The ringgit is expected to remain defensive within the 4.43-4.44 range against the US dollar next week, as cautious investor sentiment continues to strengthen demand for the greenback as a safe-haven currency, said an analyst.
KUALA LUMPUR, March 14 (Bernama) -- Pertama Digital Bhd has proposed to acquire two companies which provide installation, maintenance, management and supporting services for surveillance and technologies systems as part of the group’s long-term business strategy and proposed regularisation plan.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as trade war uncertainties weighed on market sentiment, said an analyst.
KUALA LUMPUR, March 14 (Bernama) -- The ringgit opened nearly flat against the US dollar as cautious sentiment over the economic outlook prompted some investors to turn to safe-haven assets.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.
KUALA LUMPUR, March 13 (Bernama) -- TMK Chemical Bhd’s wholly-owned subsidiary, Chlor-Al Chemical Pte Ltd (CAL), will buy a parcel of land in Singapore from Chin Yuan Metal Pte Ltd (CYM) for S$14.80 million (S$1 = RM3.31).
KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell by 20.8 per cent to 30,342 tonnes in January 2025, compared to 38,299 tonnes in December 2024, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, March 13 (Bernama) -- Intel Corporation has appointed Malaysian-born Tan Lip Bu, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer (CEO) effective March 18.
By Abdul Hamid A Rahman
This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants.
KUALA LUMPUR, March 13 (Bernama) -- The ringgit strengthened against the US dollar in early Thursday dealings, supported by improved buying sentiment for the domestic currency despite a firmer US Dollar Index (DXY).
KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
