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KUALA LUMPUR, Sept 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, and Hunt Oil Company (Hunt) announced they have entered into a definitive agreement for MidOcean to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt.
KUALA LUMPUR, Sept 17 (Bernama) -- Akur8, the machine learning-powered insurance pricing and reserving platform, has secured US$120 million in series C funding, which will significantly bolster the company’s ability to expand its product portfolio and fuel its growth in key global markets.
KUALA LUMPUR, Sept 17 (Bernama) -- Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6 million during 9-13 September, marking the fifth consecutive week of net purchases.
KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit extended last Friday’s gains, trading firmer against the US dollar and breaching the RM4.30 level at Tuesday's opening, driven by persistent buying interest amid expectations of a US interest rate cut, analysts said.
KUALA LUMPUR, Sept 17 (Bernama) -- AI-Media, a pioneering technology company specialising in artificial intelligence (AI) language and captioning workflow solutions, announced a strategic expansion of their multi-year partnership to deliver new and better AI-driven products to market.
SERDANG, Sept 16 (Bernama) -- The National Fishermen's Association (NEKMAT) aims to export products under the 'ENNA' brand to overseas markets through collaboration with several companies from Brunei, Indonesia, and the European Union.
KUALA LUMPUR, Sept 14 (Bernama) -- The Securities Commission Malaysia (SC) has partnered with Kumpulan MyCreative Ventures to launch a batik design competition aimed at showcasing Malaysian batik heritage on the global stage.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting on Sept 17-18.
KUALA LUMPUR, Sept 13 (Bernama) -- Bilateral trade between China and Malaysia surged to US$117.52 billion (US$1 = RM4.30) in the first seven months of 2024, a 10.8 per cent increase compared with the same period last year, said Chinese Ambassador to Malaysia Ouyang Yujing.
KUALA LUMPUR, Sept 13 (Bernama) -- Pansar Bhd’s wholly owned subsidiary Perbena Emas Sdn Bhd has secured a project related to Package 4A (RH Aling to Bukit Pagon) of the Sarawak-Sabah Link Road (SSLR) Phase 2 project worth RM777.11 million.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.
KUALA LUMPUR, Sept 13 (Bernama) -- Foreign company Lifetime (Xiamen) Plastic Products Co Ltd (Lifetime), recently announced it will increase its annual capacity by 6.5 million pieces of multifunctional leisure products made with high-tech materials in Haicang District, Xiamen.
