1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Global investment conglomerate Bin Zayed International Group of Companies (BZI) has committed to investing US$2 billion (US$1=RM4.466) in Malaysia over the next five years.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) and the Vietnam Trade Promotion Agency (VIETRADE) have taken a significant step in collaborating strategically to create new business opportunities, enhance economic resilience, and drive bilateral trade growth.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Hap Seng Consolidated Bhd's (HSCB) net profit for the third quarter ended Sept 30, 2024 (3Q 2024) soared nearly fourfold to RM193.11 million, up from RM50.30 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Sime Darby Property Bhd (SDP) aims to achieve a more balanced sales contribution between its industrial and residential high-rise segments, said group managing director Datuk Seri Azmir Merican.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 21 (Bernama) -- A strong industry-driven ecosystem in China is one of the key factors attracting Malaysian businesses to enter the Chinese market as part of their expansion strategy.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Three reputable construction players, namely MMC-Gamuda KVMRT Sdn Bhd, IJM Construction Sdn Bhd and Sunway Construction Group Bhd, have won the Best Project awards at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 recently.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 21 (Bernama) -- WCT Bhd, the engineering and construction division of WCT Holdings Bhd (WCT), has bagged the International Achievement Award at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 for its outstanding completion of the Lusail Development Project in Doha, Qatar.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.
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) -- Global credit rating agency, AM Best will participate in the 14th annual Association of Southeast Asian Nations (ASEAN) Insurance Congress, scheduled for Nov 25, in Jerudong, Brunei Darussalam.
1y ago
From Zarul Effendi Razali
DUBAI, Nov 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) and Export-Import Bank of Malaysia Bhd (EXIM Bank) have signed a memorandum of understanding (MoU) aimed at strengthening trade promotion collaboration on the basis of equality and mutual benefit.
1y ago
GEORGE TOWN, Nov 20 (Bernama) -- Malaysian property developer, Eastern & Oriental Bhd (E&O) has unveiled its masterplan for its Andaman Island development project, with a gross development value (GDV) of RM60 billion.