Kerjaya Prospek Unit Partners With Aspen Vision For New Development Project In Penang

KUALA LUMPUR, Nov 11 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Futuprop Sdn Bhd, has entered into a joint venture (JV) cum shareholders’ agreement (JVSHA) with Aspen Vision Development Sdn Bhd to undertake a mixed development on a 33.52-hectare land in Penang, via Rivanis Ventures Sdn Bhd.

Destini's Unit Bags RM33.05 Mln Contract For Airborne Equipment Maintenance

KUALA LUMPUR, Nov 11 (Bernama) -- Destini Bhd's wholly owned subsidiary, Destini Prima Sdn Bhd (DPSB) has secured a RM33.05 million contract from the Ministry of Defence to provide maintenance services for safety and survival equipment for airborne equipment.

Alliance Bank Expected To Continue Robust Loan Growth, Stable NIMs In 2Q FY2025 - Maybank IB

KUALA LUMPUR, Nov 11 (Bernama) -- Alliance Bank Malaysia Bhd is expected to continue its robust loan growth and stable net interest margin (NIMs) in the second quarter of financial year 2025 (2Q FY2025), said Maybank Investment Bank Bhd (Maybank IB).

Fadillah Assures Careful Review Before Nuclear Power Commitment

KUALA LUMPUR, Nov 11 (Bernama) -- The Energy Transition and Water Transformation Ministry (PETRA) has assured that the government will carefully deliberate before making any decisions to embark on nuclear power development, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

Lantronix Expands 5G Portfolio With US$6.5 Mln NetComm Acquisition

KUALA LUMPUR, NOV 8 (Bernama) -- Lantronix Inc has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (NetComm), a subsidiary of DZS Inc, all of the assets of its enterprise Internet of Things (IoT) business for US$6.5 million in cash together with assumptions of certain liabilities. (US$1=RM4.38)

Labuan’s IDAC on Track To Achieve US$1 Bln In Shariah-compliant digital Assets

LABUAN, Nov 8 (Bernama) -- Labuan’s Islamic Digital Asset Centre (IDAC), launched in 2022, has marked major milestones, with digital assets now collectively valued at US$820 million.

Terengganu Inc, MB Holding LLC Sign MoUs On Potential Industrial Cooperation

KUALA TERENGGANU, Nov 8 (Bernama) -- The Terengganu government's strategic holding investment company Terengganu Incorporated Sdn Bhd (Terengganu Inc) signed two memoranda of understanding (MoUs) with MB Holding LLC from Oman for the purpose of exploring potential industrial cooperation in the state.

Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment

KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.

Gold Futures End Lower On Stronger US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s strong performance, said an analyst.

Sunway Malls Projects 5 Pct Growth For 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia’s largest mall owner-operator Sunway Malls expects to garner five per cent growth this year, driven by a strong performance in the first half of 2024 and the re-opening of an asset enhancement initiative, Oasis, in Sunway Pyramid.

Malaysia Advised To Prepare Contingency Measures In Anticipation Of US Policy Shifts Under Trump 2.0

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.