1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Cuba and Malaysia should forge deeper partnerships in biotechnology and pharmaceuticals, particularly in producing vaccines, including halal vaccines that would cater to the local demographics, Cuban Ambassador to Malaysia Florentino Batista Gonzalez said.
1y ago
From Syamsiah Sahat
GUANGZHOU, Nov 26 (Bernama) -- TD Furniture Group, a leading Malaysian manufacturer of sofas and cabinets, is set to ramp up production by as much as 30 per cent, a move poised to add approximately RM7.0 million to its bottom line next year.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- RHB Investment Bank Bhd, a wholly-owned subsidiary of RHB Bank Bhd, will divest approximately 99.95 per cent of its equity interest in RHB Securities (Thailand) Public Company Ltd and exit the Thailand stockbroking and securities market.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia's leading index (LI) remained positive in September 2024, recording a 1.8 per cent annual growth to reach 111.5 points versus 109.5 points in the same month a year ago, said Statistics Department Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Offshore support vessel (OSV) company Icon Offshore Bhd has signed four conditional share sale and purchase agreements (SSPAs) with various vendors for proposed acquisitions.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.
1y ago
KOTA KINABALU, Nov 21 (Bernama) -- The Sabah State Government's aspiration to position Sapangar Bay Container Port (SBCP) as a regional trade hub is expected to deliver significant long-term economic benefits for the state, the State Assembly was informed today.
1y ago
From Zarul Effendi Razali
DUBAI, Nov 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has concluded the Malaysia International Halal Showcase (MIHAS) in Dubai with resounding success, exceeding the sales target by 120 per cent to RM2.2 billion.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- MY E.G. Services Bhd’s (MYEG) net profit soared 62.5 per cent to RM195.05 million in the third quarter (3Q) ended Sept 30, 2024, from RM120 million in the same period last year, driven by higher service fees and investment gains.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- BMW Group Malaysia is currently engaging with the government and local partners on its plan to locally assemble its electric vehicle (EV) units, aligning with the tax exemption for EV owners until the end of 2025.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia is aiming to align its real economy with ongoing developments in the capital market as the nation reinvents its economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.