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BUSINESS News List

Indonesia's PT Asahimas Flat Glass begins commercial production at Cikampek plant

KUALA LUMPUR, April 15 (Bernama) -- AGC group's Indonesian company, PT Asahimas Flat Glass Tbk (AMG) has began operating a mirror line at its Cikampek plant in the first quarter of 2019.

Perak to expedite Yamaha Electronics' renovation approval

IPOH, April 15 (Bernama) -- The Perak state government will expedite the approval of Yamaha Electronics Manufacturing (M) Sdn Bhd’s application to renovate its factory in Chemor near here as it will give positive impact on the state’s economy.

AKWEL announces 2018 annual results

KUALA LUMPUR, April 15 (Bernama) -- AKWEL, automotive and heavy goods vehicle components manufacturer specialising in fluid and mechanism management, has announced its annual results for 2018.

Petronas makes international foray into renewable energy with M+

KUALA LUMPUR, April 15 (Bernama) -- Petroliam Nasional Bhd (Petronas) has made a foray into renewable energy internationally through the acquisition of  Amplus Energy Solutions Pte Ltd, also known as M+.

PUCM inks energy cooperation pact with Chinese power associations

KUALA LUMPUR, April 15 (Bernama) -- The China Entrepreneurs Association in Malaysia (PUCM), Shandong Province Electric Power Enterprise Association and Guangdong Energy Association have inked a strategic cooperation agreement in the energy sector.

LPI Capital records higher Q1 profit of RM77.15 mln

KUALA LUMPUR, April 15 (Bernama) -- LPI Capital Bhd recorded a profit of RM77.15 million in the first quarter (Q1) of its financial year ended March 31, 2019, compared with RM72.5 million in the same quarter last year, backed by stronger growth in its insurance subsidiary, Lonpac Insurance Bhd. 

Lower financial commitment following improved ECRL deal

PUTRAJAYA, April 15 (Bernama) – Prime Minister Tun Dr Mahathir Mohamad said today there would be a substantial reduction in financial commitments to Malaysia from the overall loan facility with the improved East Coast Rail Link (ECRL) agreement.