Varia Proposes To Set Up RM3 Bln Sukuk Murabahah Programme

KUALA LUMPUR, Oct 8 (Bernama) -- Varia Bhd plans to raise up to RM3 billion through the proposed issuance of Islamic medium term notes (IMTNs).

BNM Launches RENTAS+ To Enable 24/7 Interbank Settlement

KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) has launched RENTAS+, an enhancement to Real-time Electronic Transfer of Funds and Securities to enable continuous interbank funds transfer and settlement 24/7, 365 days a year.

Bioeconomy Corporation, Polaris Bio Seal RM700 Mln Investment In POME-based Biogas Projects

KUALA LUMPUR, Oct 6 (Bernama) -- Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) and South Korea-based Polaris Bio Co Ltd have sealed RM700 million investments to develop palm oil mill effluent (POME)-based biogas upgrading facilities in Malaysia.

Ringgit, Emerging Currencies Poised To Gain As Greenback Weakens Amid US Shutdown

KUALA LUMPUR, Oct 3 (Bernama) -- Emerging market currencies, including the ringgit, are expected to benefit from a possible further weakening of the greenback amid economic uncertainty stemming from the US government shutdown.

Khazanah Tight-lipped On Malaysia-China Rare Earth Talks

By Kisho Kumari Sucedaram & Niam Seet Wei

KUALA LUMPUR, Oct 3 (Bernama) -- Khazanah Nasional Bhd has remained non-committal on news reports that Malaysia and China are in talks over a rare earths refinery project.

MBSB IB Joint Lead Arranger In RM4.8 Bln Financing To Drive Weststar’s Aviation Expansion

SUBANG, Oct 3 (Bernama) -- The Weststar Group and MBSB Bank Bhd (MBSB) have formalised a strategic collaboration through a RM1.3 billion Islamic financing facility, which will drive Weststar’s aviation expansion. 

ACE Market Debutant Camaroe Eyes Capacity Boost, China Growth

KUALA LUMPUR, Oct 2 (Bernama) -- ACE Market debutant Camaroe Bhd is setting its sights on capacity expansion and international growth, especially in China, following its successful listing.

RHB Bank Proposes RM5 Bln Multi-currency CP, Sukuk Programmes

KUALA LUMPUR, Oct 1 (Bernama) -- RHB Bank Bhd has proposed a multi-currency Commercial Papers Programme (CP Programme) and a multi-currency Islamic Commercial Papers Programme (Sukuk Murabahah Programme) with a combined limit of up to RM5 billion.

Personal Loan Applicants Exceeding RM100,000 To Attend Financial Education Module - BNM

By Nor Baizura Basri

KUALA LUMPUR, Sept 30 (Bernama) -- Consumers applying for personal financing with amounts exceeding RM100,000 will need to attend and complete a financial education module, according to Bank Negara Malaysia (BNM) today.

Gov't Will Act As Regulator In Satellite Launch Pad Development - MOSTI

KUALA LUMPUR, Sept 26 (Bernama) -- The development of Malaysia’s first satellite launch pad will be privately driven, with the government acting as the regulator, said Minister of Science, Technology and Innovation (MOSTI) Chang Lih Kang.

Gagasan Nadi Gets UKAS Nod For Partial Stake In SDASB, Full Takeover Of SESB

KUALA LUMPUR, Sept 25 (Bernama) -- Gagasan Nadi Cergas Bhd (GNCB) has received approval from the Public Private Partnership Unit (UKAS) of the Prime Minister’s Department for its proposed acquisitions of equity interests in Seri Delima Anggun Sdn Bhd (SDASB) and Serata Ehsan Sdn Bhd (SESB).

Canada Lures Oil Majors With LNG Incentives

By Mikhail Raj Abdullah and Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 23 (Bernama) -- Canada is offering new incentives to attract oil majors like Petronas to boost investments in its liquefied natural gas (LNG) sector, as Prime Minister Mark Carney’s government moves to streamline and fast-track permits for foreign investors in LNG and clean energy projects