1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.
1y ago
KUALA LUMPUR, Oct 31 (Bernama) — PETRONAS wishes to clarify that it is still in discussions with Petroleum Sarawak Bhd (Petros) on the proposed implementation of the Distribution of Gas Ordinance (DGO).
1y ago
By Kisho Kumari Sucedaram & Mikhail Raj Abdullah
KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 31 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is targeting more than 90 per cent of independent smallholders (ISH) to achieve Malaysian Sustainable Palm Oil (MSPO) certification by the end of next year.
1y ago
KUCHING, Oct 31 (Bernama) -- Petros, the Sarawak government-owned oil and gas company, is allocating about RM40 billion over the next five years for its capital expenditure (capex), according to its chairman, Tan Sri Hamid Bugo.
1y ago
JOHOR BAHRU, Oct 30 (Bernama) -- The Johor government has held meetings with several renowned South Korean companies, which can potentially bring strategic investments valued at US$190 million (US$1=RM4.38) into the state.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- Sapura Resources Bhd's managing director (MD) Datuk Shahriman Shamsuddin has resigned from his post effective yesterday.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Wednesday amid investors focussing their attention on the United States presidential election next week, said an analyst.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- FGV Holdings Bhd (FGVH) has entered into a loan agreement with its 72 per cent owned subsidiary, FGV Palm Industries Sdn Bhd (FGVPI), to provide RM260 million for financing FGVPI’s capital expenditure requirements.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- YTL Power International Bhd has clarified that the company was awarded the 1Bestarinet project through an open tender process, brushing off accusations of misconduct.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday, reaching a 28-month high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.