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AM Best Places Sompo Group Ratings Under Review Following Aspen Acquisition

KUALA LUMPUR, Sept 2 (Bernama) -- AM Best has placed under review with positive implications the financial strength rating (FSR) of A+ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa-” (Superior) of Sompo Japan Insurance Inc (SJ) and its subsidiaries.

NexG Shares Rise On RM1.73 Bln KDN Passport Supply Contract

KUALA LUMPUR, Sept 2 (Bernama) -- NexG Bhd shares rose in early trade today after its subsidiary, Datasonic Technologies Sdn Bhd, secured a six-year contract worth RM1.73 billion from the Home Ministry (KDN) to supply Malaysia’s international passports. 

Fadillah's Visit To Busan Signals Readiness To Advance Regional Cooperation, Energy Transition

BUSAN, Aug 30 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof’s official working visit to Busan has reinforced Malaysia’s readiness to strengthen regional cooperation and advance its clean energy transition, both domestically and within ASEAN.

Northstar To Join JTB Corp In Strategic Acquisition Deal

KUALA LUMPUR, Aug 29 (Bernama) -- Northstar Travel Group (Northstar), a powerhouse in business-to-business (B2B) travel industry events, media, and information services, is set to be acquired by JTB Corp, one of Japan’s leading travel solutions providers.

Inta Bina's Unit Secures RM67.79 Mln Contract In Cyberjaya

KUALA LUMPUR, Aug 28 (Bernama) -- Inta Bina Group Bhd’s wholly-owned subsidiary, Inta Bina Sdn Bhd, has secured a RM67.79 million contract for main building works from Symphony Hills Sdn Bhd.  

TNB–ACWA Power Partnership: Driving Malaysia’s Energy Transition

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is pushing hard to achieve the National Energy Transition Roadmap (NETR) target of raising renewable energy (RE) to 70 per cent of the nation’s capacity by 2050, with the government, agencies, companies and industry players all working together towards this goal.

Malaysia Explores Nuclear, Wind And Gas Solutions In Energy Transition Talks With South Korea

BUSAN, Aug 27 (Bernama) -- Malaysia is actively exploring best practices and the capabilities of clean energy and power plants, including nuclear and wind turbines, to suit the country’s needs, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

PNB Merdeka Ventures Proposes RM6 Bln Sukuk Programme For Merdeka 118 Development

KUALA LUMPUR, Aug 26 (Bernama) -- PNB Merdeka Ventures Sdn Bhd (PNBMV) has proposed an Islamic Medium-Term Notes (IMTN) programme (Merdeka Sukuk Wakalah Programme) of up to RM6 billion in nominal value.

OCK Group Considering Listing Subsidiaries On ACE Market

KUALA LUMPUR, Aug 26 (Bernama) -- OCK Group Bhd is considering listing its 52.0 per cent subsidiary, EI Power Technologies Sdn Bhd, and its subsidiaries, EI Power Nexus Sdn Bhd and EI Power (Thailand) Co Ltd, on the ACE Market of Bursa Securities. 

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

Zetrix AI Net Profit Rises To RM199.14 Mln In 2Q

KUALA LUMPUR, Aug 22 (Bernama) -- Zetrix AI Bhd’s net profit increased to RM199.14 million in the second quarter ended June 30, 2025 (2Q 2025) from RM165.42 million in the previous corresponding quarter, mainly due to web3 application service fees on the Zetrix blockchain platform. 

Binastra Secures RM132 Mln Piling Works Contract In Johor

KUALA LUMPUR, Aug 21 (Bernama) -- Binastra Corporation Bhd’s wholly owned subsidiary Binastra Builders Sdn Bhd has accepted a contract worth RM132.0 million from Exsim Lumba Kuda Sdn Bhd for a property development project in Johor.