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MATRADE Committed To Support Local MTC Business Expansion To Regions With Potential

KUALA LUMPUR, Nov 14 (Bernama) -- The Malaysian External Trade Development Corporation (MATRADE) will be committed to continue supporting the business expansion of local mid-tier companies (MTC) to other regions with potential, including the Middle East, Africa and Latin America.

Sabah GLCs Ink Agreement For SBH Kibing RM7.2 Bln Solar Glass Plant

KOTA KINABALU, Nov 13 (Bernama) -- In a significant step towards bolstering Sabah's renewable energy infrastructure, two Sabah government-linked companies (GLCs) have signed agreements with SBH Kibing Solar New Energy (M) Sdn Bhd for the development of a RM7.2 billion solar glass manufacturing plant in Kimanis.

Johor Plantations' 3Q Net Profit Rises To RM77.11 Mln

KUALA LUMPUR, Nov 13 (Bernama) -- Johor Plantations Group Bhd’s net profit rose to RM77.11 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM68.28 million in the same period last year. 

Alliance Bank Unveils Top 13 Finalists For 2024 BizSmart Challenge Accelerator Edition

KUALA LUMPUR, Nov 13 (Bernama) -- Alliance Bank Malaysia Bhd has announced the top 13 finalists for its 2024 BizSmart Challenge Accelerator Edition, selected from 593 applicants.

Rubber Market Ends Mixed Amid Gains In Crude Oil Prices

KUALA LUMPUR, Nov 13 (Bernama) -- The Kuala Lumpur rubber market continued to end mixed on Wednesday amid gains in crude oil prices, a dealer said.

Malaysia To Launch Cross-border Re Auction For Singapore Via ENEGEM By Year-end — DPM Fadillah

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s cross-border renewable energy auction for Singapore’s energy importer, under Energy Exchange Malaysia (ENEGEM), will begin by year-end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

RSPO Enhances Support For Smallholders To Drive Sustainable Palm Oil Production Forward

By Kenny Teng Khoon Hock

BANGKOK, Nov 13 (Bernama) – The Roundtable on Sustainable Palm Oil (RSPO) is emphasising capacity building to support smallholders in adopting sustainable practices for producing Certified Sustainable Palm Oil (CSPO).

Repatriate Foreign Investment Income, Without Selling Overseas Assets -- Amir Hamzah

KUALA LUMPUR, Nov 12 (Bernama) -- The government's concerted measure to encourage government-linked companies (GLCs), government-linked investment companies (GLICs) and corporates to consistently repatriate foreign investment income and convert them into ringgit does not involve the sale of assets and their investments abroad.

SST Enhancements Expected To Help Generate RM51.7 Bln Revenue In 2025 -- Amir Hamzah

KUALA LUMPUR, Nov 12 (Bernama) -- The enhancements to the Sales and Service Tax (SST), effective from May 1, 2025, are expected to help generate revenue of RM51.7 billion in 2025, according to Finance Minister II Datuk Seri Dr Amir Hamzah Azizan.

Natural Rubber Production Eases 13.9 Pct To 30,929 Tonnes In September - DOSM

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 13.9 per cent to 30,929 tonnes in September 2024 compared to 35,908 tonnes in August 2024, according to the Department of Statistics Malaysia (DOSM).

Dexcom Opens Penang Manufacturing Facility With RM2.83 Bln Investment

BATU KAWAN, Nov 12 (Bernama) -- US-based medical devices company Dexcom Inc has officially opened its new manufacturing facility, also its first offshore manufacturing site outside the United States, in Batu Kawan, Penang.

Bursa Malaysia Opens Higher, Tracking Overnight Wall St Gains

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia opened higher, rebounding on a stronger Wall Street performance overnight, according to an analyst.