1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia recouped earlier losses to close marginally higher on Friday, buoyed by persistent buying in selected heavyweights led by Tenaga Nasional, amid the mostly upbeat performance in regional bourses.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended at its intraday low today, following a downturn in regional markets.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Tigo Energy Inc (Tigo), an intelligent solar and energy software solutions provider, has announced plans to present on advanced solar safety technology with regional equipment distribution leader, Solar Hive, at an event in Kuala Lumpur on Nov 25.
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 KANGSAR, Nov 19 (Bernama) -- Palm oil mills in the country have been urged to use artificial intelligence (AI) technology for palm oil processing, thus reducing cost and increasing revenue.
1y ago
KOTA KINABALU, Nov 18 (Bernama) -- The Sabah government is encouraged to hold at least 30 per cent equity in domestic investment projects to empower the economy of the state, said Datuk Ewon Benedick (PH-Kadamaian).
1y ago
KOTA KINABALU, 14 Nov (Bernama) -- KKIP Power Sdn Bhd has paid a dividend of RM3.14 million to its parent company KKIP Sdn Bhd for the financial year 2023.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 11 (Bernama) -- Siemens Energy Pte Ltd and Tenaga Nasional Bhd (TNB) are exploring the integration of the national utility’s large-scale power generation plants with hydrogen.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The construction sector sustains its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter of 2024 (3Q 2024) compared to a 20.2 per cent increase, amounting to RM38.9 billion in the 2Q 2024.
1y ago
By Zairina Zainudin
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.