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Labuan’s Sailion Shipping Handles Discovery Princess During Port Klang Transit

By Jailani Hasan

LABUAN, Oct 29 (Bernama) -- Labuan-based Sailion Shipping Sdn Bhd successfully handled the port call of the Discovery Princess cruise ship during its transit at Port Klang today, as part of the company’s growing engagement with international cruise operators and port authorities.

IJM Secures RM873.9 Mln Contract For Hyperscale Data Centre Works

KUALA LUMPUR, Oct 29 (Bernama) -- IJM Corporation Bhd's wholly-owned subsidiary, IJM Construction Sdn Bhd, has accepted a letter of award (LOA) worth RM873.9 million from Pearl Computing Malaysia Sdn Bhd for the mechanical and electrical (M&E) fit-out works of a hyperscale data centre in Elmina Business Park, Selangor.

BNM Says Consultation, Agreement With US Treasury In Line With Existing Practice

KUALA LUMPUR, Oct 29 (Bernama) -- Bank Negara Malaysia (BNM) has said its close consultation and agreement with the US Treasury reflect existing practices and “do not in any way affect the ability to independently formulate monetary policy, or our ability to safeguard the stability and value of the ringgit.”

PDT, UEM Lestra Ink Collaboration Agreement On 1GW Hybrid Solar Project

SKANDAR PUTERI, Oct 29 (Bernama) -- Permodalan Darul Ta’zim (PDT) and UEM Lestra Bhd (UEM Lestra) have inked a Cooperation Agreement to develop a one gigawatt (GW) hybrid solar photovoltaic (PV) project in Segamat, Johor.

US-ASEAN Business Council Strengthens Ties With ASEAN Through Innovation Showcase

KUALA LUMPUR, Oct 28 (Bernama) -- The US-ASEAN Business Council (USABC), in partnership with the ASEAN Committee on Science, Technology and Innovation (COSTI), recently hosted the USABC Innovation Showcase on the sidelines of the 88th COSTI Meeting in Bangkok, Thailand.

Exim Bank, Export Finance Australia Forge Strategic Partnership In Investment, Trade

KUALA LUMPUR, Oct 28 (Bernama) -- Export Finance Australia (EFA) and Export-Import Bank of Malaysia Bhd (EXIM Bank Malaysia) have signed a memorandum of understanding (MoU) to deepen cooperation and unlock new opportunities for investment across Southeast Asia.

BNM, US Treasury To Continue Close Consultations On Macroeconomic, FX Matters

KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) and the United States (US) Department of the Treasury have agreed to continue close consultations on macroeconomic and foreign exchange (FX) matters.

CIDB Holdings, CI Tech In Tie-Up To Launch Construction Sector's Blockchain Platform

KUALA LUMPUR, Oct 28 (Bernama) -- The Construction Industry Development Board (CIDB) Malaysia’s commercial arm CIDB Holdings Sdn Bhd has signed a memorandum of collaboration with CI Tech Sdn Bhd to introduce Malaysia’s first government-endorsed blockchain platform for verified carbon credits in the construction sector.

Lower Tariff To Boost Malaysian Palm Oil Competitiveness In US Market – MPOB

By Nurul Hanis Izmir

PUTRAJAYA, Oct 27 (Bernama) --  Malaysia is set to benefit from the United States’ (US) decision to lower tariffs to below 19 per cent on 1,711 Malaysian export products, including palm oil and cocoa products -- a move which is expected to enhance the price competitiveness of Malaysian goods in the US market.

KNM To Be Delisted From Bursa Malaysia On Nov 5

KUALA LUMPUR, Oct 27 (Bernama) -- Practice Note 17 (PN17) company KNM Group Bhd will be delisted from the official list of Bursa Malaysia Securities Bhd on Nov 5, following the rejection of its regularisation plan by the stock exchange.

ASEAN Business Entity Has Potential To Create More Regional Multinational Companies - Liew

KUALA LUMPUR, Oct 27 (Bernama) -- The introduction of ASEAN Business Entity (ABE) status has the potential to create more ASEAN multinational companies (MNCs) that can enhance market opportunities in the region, said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.

Sunway Malls Champions Sustainability Movement

KUALA LUMPUR, Oct 24 (Bernama) -- Sunway Malls is stepping up its sustainability agenda with the introduction of Malaysia’s first food digester and the attainment of international SIRIM certifications, underscoring its commitment to environmental, social and governance (ESG) values.