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BUSINESS News List

Willis Lease Finance Corporation achieved record US$56.3 million annual pre-tax profit

KUALA LUMPUR, March 13 (Bernama) -- Willis Lease Finance Corporation (WLFC), for the period ended Dec 31, 2018, has recorded an annual pre-tax profit of US$56.3 million last year, an increase of 56.3 per cent as compared to 2017. (US$1 = RM4.09)

Blockchain can improve sustainability, traceability in palm oil sector

By Nurul Hanis Izmir

KUALA LUMPUR, March 13 (Bernama) -- Blockchain technology can be used to complement both Roundtable on Sustainable Palm Oil (RSPO) and Malaysian Sustainable Palm Oil (MSPO) certification efforts to further improve sustainability and traceability in Malaysia’s oil palm sector.

Dry spell leaves Musang King entrepreneur worried

GUA MUSANG, March 13 (Bernama) -- A Musang King durian entrepreneur claimed to have incurred losses of more than RM100,000 when 15 durian trees planted in Kampung Pulai near here withered and died in the past two months due to dry spell that currently hit the country.

Bank Pembangunan to set up fund to educate public on environment

KUALA LUMPUR, March 13 (Bernama) -- In light of the recent river pollution in Pasir Gudang, Johor, Bank Pembangunan Malaysia Bhd will set up an Industry Sustainable Education Fund to educate the public on environmental crime, Finance Minister Lim Guan Eng said.

PPES Works CCCC JV accepts RM466.68 mln contract

KUALA LUMPUR, March 13 (Bernama) -- PPES Works (Sarawak) Sdn Bhd (PPES Works) and China Communications Construction Company Company (M) Sdn Bhd's joint venture, PPES Works CCCC JV Sdn Bhd, has accepted a RM466.68 million contract from the Sarawak government.

Government not closing down Malaysia Airlines -- Guan Eng

KUALA LUMPUR, March 13 (Bernama) -- Finance Minister Lim Guan Eng has given his assurance that the government is not going to close down Malaysia Airlines Bhd (MAB).

Petronas relocates floating LNG facility to offshore Sabah

KUALA LUMPUR, March 13 (Bernama) -- Petroliam Nasional Bhd (Petronas) has relocated its floating liquefied natural gas (FLNG) facility, the PFLNG Satu, from the Kumang cluster field offshore Sarawak, to the Kebabangan (KBB) cluster field, offshore Sabah, yesterday.