KPS Consortium's Unit Buys RM30 Mln Land, Factory In Klang

KUALA LUMPUR, Aug 19 (Bernama) -- KPS Consortium Bhd, through its subsidiary KPS Plywood Sdn Bhd, has entered into a sale and purchase agreement with Pelangi Technowood Sdn Bhd.

Trident Acquires 30 Pct Stake In Tongxin's Web 3.0 E-commerce Platform On Telegram

KUALA LUMPUR, Aug 19 (Bernama) -- Trident Digital Tech Holdings Ltd (Trident), a Singapore-based digital transformation company, has signed a sales and purchase agreement to acquire a 30 per cent equity stake in Tongxin Innovation Ltd (Tongxin).

US$9.5 Bln Boeing Aircraft Purchase Does Not Affect National Debt, Fiscal Deficit -- MoF

KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.

Agrobank's iTEKAD Empowers Agropreneurs Through MD2 Pineapple Farming

KANGAR, Aug 17 (Bernama) -- Agrobank remains committed to empowering the asnaf (tithe recipients)  and B40 groups through the disbursement of iTEKAD grants amounting to RM100,000 to 20 selected agropreneurs for the implementation of the MD2 pineapple planting project in Chuping near Padang Besar yesterday.  

B. Grimm Urges Faster ASEAN Energy Integration To Harness Laos' Hydro And Malaysia's Solar Capacities

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 17 (Bernama) – The groundwork for ASEAN energy integration has long been laid, but sharper focus and faster action are needed to propel renewable energy to the next level by harnessing each member’s strengths, said B. Grimm Power Public Company Ltd.

Johor Plantations Net Profit Up 51 Pct To RM150.64 Mln In 1H2025

JOHOR BAHRU, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has recorded a 51 per cent year-on-year (y-o-y) rise in net profit to RM150.64 million for the first half of 2025 (1H 2025), driven by higher selling prices and a surge in external crop purchases.

Public Gold Customer Base To Hit 2.3 Mln By End-2025, Mulls Indonesia, Thailand And UAE Expansion

By Fatin Umairah Abdul Hamid and Mikhail Raj Abdullah

KUALA LUMPUR, Aug 12 (Bernama) -- Robust demand for gold is expected to raise Public Gold Marketing Sdn Bhd’s customer base to 2.3 million by the end of the year from 2.2 million currently.

Foreign Investors Turn Net Buyers Of US$996 Mln In Asian Markets Last Week - MBSB Investment

KUALA LUMPUR, Aug 11 (Bernama) -- Foreign investors turned net buyers in Asian markets last week, reversing the previous week’s outflow, recording an inflow of US$996 million (US$1=RM4.23), with Taiwan recording the highest purchases in the region.

MAG’s Boeing Order Tailwinds 13MP’s Economic Blueprint

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of 30 Boeing 737 MAX aircraft is a strategic manoeuvre aligned with the goals of the 13th Malaysia Plan (13MP) for economic transformation, industrial upskilling, and global trade recalibration.

Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.

Yinson Completes FPSO Atlanta Loan Buy-out From Brava For US$257.4 Mln

KUALA LUMPUR, Aug 6 (Bernama) -- Yinson Holdings Bhd's unit, Yinson Production, has completed the buy-out of the project loan related to the floating production storage and offloading (FPSO) vessel 'Atlanta' from Brava Energia S.A. for a total cash consideration of approximately US$257.4 million, including accrued interest.

Rubber Market Ends Mixed

By K. Naveen Prabu

KUALA LUMPUR, Aug 6 (Bernama) -- The Malaysian rubber market ended mixed today, in line with the regional rubber futures markets, according to a dealer.