EXIM Bank Strengthens Malaysia’s Global Trade With RM87.80 Mln Financing For Pertama Ferroalloys

KUALA LUMPUR, April 17 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has strengthened Malaysia’s global trade with the signing of a US$20 million (RM87.80 million) supplier financing facility agreement with Pertama Ferroalloys Sdn Bhd to support the expansion of the company’s production capacity in Bintulu, Sarawak.

CMS Plans Second Clinker Line To Double Cement Output

KUCHING, April 12 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd (CMS), is seeking approval from the Sarawak government to commence the development of a new facility, Clinker Line 2, in Mambong, here.

US Tariff To Take Centre Stage At ASEAN-US Meet With Cambodia As Host

By Harizah Hanim Mohamed

KUALA LUMPUR, April 10 (Bernama) – Country coordinator Cambodia for the ASEAN-United States (US) dialogue for the 2024-2027 cycle will host a meeting of the grouping’s economic ministers and American trade officials from April 22-23, with US tariffs expected to take centre stage.

Bids For Penang International Airport Terminal Under Package 3 Expected In May 2025

KUALA LUMPUR, April 10 (Bernama) -- Bids for Penang International Airport (PIA) main terminal building  under the Package 3 are expected to open in May 2025 ahead of its scheduled 2027 completion.

Hibiscus Shares Rise After PSC, Gas Sales Agreement Extensions

KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.

ECRL Completes Excavation Of 38 Tunnels Ahead Of Schedule, Marks Key Milestone

KUALA LUMPUR, April 8 (Bernama) -- The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week.

Alliance Bank Nears RM15 Bln Goal In New Sustainable Loans, Boosting SMEs In ESG

KUALA LUMPUR, April 7 (Bernama) -- Alliance Bank Malaysia Bhd is now close to achieving RM15 billion in new sustainable banking business for green projects to support small and medium enterprises (SMEs) ahead of the targeted 2027 financial year.

Growing Concerns Of Recession On Revised GDP In Major Economies, US

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.

Picus Security Named Representative Vendor In Gartner's Adversarial Exposure Validation Guide

KUALA LUMPUR, April 2 (Bernama) -- Picus Security, the security validation company, has been recognised as a Representative Vendor in the Gartner Market Guide for Adversarial Exposure Validation (AEV).

Japanese Companies Keen On Decarbonisation Projects In Malaysia

KUALA LUMPUR, March 30 (Bernama) -- Japanese companies are keen to participate in advanced sustainable development in Malaysia’s decarbonisation initiatives, said Japan External Trade Organisation (Jetro) Kuala Lumpur.

Puspakom Embraces Competition To Drive Innovation, Enhance Road Safety

SHAH ALAM, March 24 (Bernama) -- The Computerised Vehicle Inspection Centre (Puspakom) is ready to share its expertise and compete with the three companies appointed by the Ministry of Transport to carry out  Motor Vehicle Inspection Centre (PPKM) services by 2027.

Macro Solvency Stress Test Reaffirms Banks’ Resilience In Face Of Severe Shocks

KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.