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Felcra Sets 15 Pct Dividend For Fy 2025, Payout Early Next Year

KUALA LUMPUR, Dec 17 (Bernama) -- The dividend based on the operations of the Federal Land Consolidation and Rehabilitation Authority (FELCRA) for the 2025 financial year has been set at 15 per cent and is expected to be paid early next year, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Petronas Dividends Subject To Global Oil Market Performance - PM Anwar

PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.

Paramount Acquires Land For RM579 Mln Housing Project

KUALA LUMPUR, Dec 17 (Bernama) -- Paramount Corporation Bhd’s wholly-owned subsidiary Prima Kuasa Sdn Bhd has entered into a sale and purchase agreement with SJ Properties Sdn Bhd to acquire 19.62 hectares (48.49 acres) for a RM579 million housing project.

TSR Capital Clinches RM48 Mln Bukit Raja Contract From Sime Darby Property

KUALA LUMPUR, Dec 17 (Bernama) -- TSR Capital Bhd’s wholly owned subsidiary, TSR Bina Sdn Bhd, has clinched a contract worth RM48 million from Sime Darby Property (Bukit Raja) Sdn Bhd for the construction and completion of main infrastructure and ancillary works at Bandar Bukit Raja Stage 3.

Haier Malaysia Welcomes Seventh Global Fans Festival With Immersive Pop-up Experience

KUALA LUMPUR, Dec 17 (Bernama) -- Leading global provider of better life and digital transformation solution, Haier Group, today kicks off the Seventh Haier Global Fans Festival with a five-day pop-up experience at The Piazza, Level 3, Pavilion Bukit Jalil.

OAG Appoints Former Skyscanner Executive As CEO

KUALA LUMPUR, Dec 17 (Bernama) -- OAG, a data platform for the global travel industry, has appointed former Skyscanner executive Filip Filipov as its new Chief Executive Officer (CEO).

Portugal Key To Malaysia’s Deeper Economic Engagement With EU - Ambassador 

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 17 (Bernama) -- Portugal is emerging as a strategic gateway for Malaysia’s deeper economic engagement with the European Union (EU), offering strengths in renewable energy, manufacturing, maritime logistics and technology partnerships, said Malaysian Ambassador to Portugal Datuk Eldeen Husaini Mohd Hashim.

Palm Oil Sector Holds Steady In 2025 As Golden Crop Spared From Debilitating US Tariffs

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s palm oil sector heaved a huge sigh of relief after it was exempted from the 19 per cent import tariff imposed

Ringgit Firms To 4.07 Against US Dollar On Improved Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday, extending its recent gains to hover around the 4.07 level, its strongest showing in nearly five years, underpinned by firmer domestic and external sentiment.

China Market Launches Overseas Digital Mall In Malaysia, Establishing ASEAN Hub

KUALA LUMPUR, Dec 16 (Bernama) -- China Market has selected Malaysia as its ASEAN hub, bringing Chinese industrial-belt products into Southeast Asia while enabling Malaysian brands to access China through its Market Express Channel, following the official launch of the China Market Overseas Digital Mall in Malaysia.

Ringgit Continues To Climb Against Greenback Ahead Of US NFP Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing against the greenback at the 4.08 level ahead of the release of US nonfarm payrolls (NFP) data later tonight.

Noraini Ahmad Appointment To Boost Sustainable Agribusiness Growth

KUALA LUMPUR, Dec 16 (Bernama) -- The appointment of Datuk Seri Dr Noraini Ahmad to lead the Ministry of Plantation and Commodities is expected to sustain efforts to steer Malaysia’s agribusiness sector towards more sustainable growth.