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IPPSB Partners With PPSB, Asdeki To Boost Malaysia's Role in The ASEAN Logistics

PADANG BESAR, Nov 28 (Bernama) -- Mutiara Perlis Sdn Bhd's wholly-owned subsidiary Inland Port Perlis Sdn Bhd (IPPSB), the developer of the advanced logistics hub Perlis Inland Port (PIP), has signed a memorandum of understanding (MoU) with Penang Port Sdn Bhd (PPSB) and a memorandum of collaboration (MoC) with the Asosiasi Depo Kontainer Indonesia (ASDEKI).

Welspun One Invests US$325 Mln To Develop India's Largest Logistics Facility

KUALA LUMPUR, Nov 28 (Bernama) -- Welspun One, India’s fastest-growing new-age logistics and industrial real estate manager, is investing US$325 million in the country’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. (US$1=RM4.43)

Hong Leong Bank Posts Higher 1Q Net Profit Of RM1.09 Bln

KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.

Yinson Renewables Secures US$59 Mln Financing For Matarani Solar Project

KUALA LUMPUR, Nov 28 (Bernama) -- Yinson Holdings Bhd’s renewables business unit, Yinson Renewables (YR), has secured a US$59 million (US$1=RM4.4325) senior secured green financing facility for the Matarani solar project in Peru from IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB).

Malaysian SMEs Reap Benefits From CISCE In Beijing

By Syamsiah Sahat

BEIJING, Nov 28 (Bernama) -- Malaysian small and medium enterprises (SMEs) described the China International Supply Chain Expo (CISCE) as an eye-opening experience in terms of future market planning, as well as benefiting from finding space for their supply chain business.

Local Manufacturing Companies Urged To Heed US Sanctions On Russia - Mohamad

KUALA LUMPUR, Nov 27 (Bernama) -- The government has urged local manufacturing companies to take heed of the final destination of goods exported to foreign countries to avoid being affected by the sanctions imposed by the United States (US) on Russia. 

Blackstone, Santander Finalise US$1 Bln Infrastructure Loan Portfolio Deal

KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)

MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030

PETALING JAYA, Nov 27 (Bernama) --  The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).

Malaysia's Investment Outlook Seen Promising Under Trump 2.0 Presidency

KUALA LUMPUR, Nov 27 (Bernama) – Malaysia is seen leveraging its role as ASEAN Chair in 2025 to maintain its economic stability and position itself as a key regional player amid global economic uncertainties stemming from US President-elect Donald Trump’s policies.

Malaysia, Russia To Strengthen Ties, Focusing On Digitalisation, Energy, Trade Opportunities Via ASEAN, BRICS

KUALA LUMPUR, Nov 27 (Bernama) -- Malaysian companies are encouraged to explore the vast opportunities offered by Russian businesses, particularly in digitalisation and information technology (IT), said Roscongress Foundation.

MITI Partners With Selangor, Johor To Ensure Dc Chargers In All Districts

KUALA LUMPUR, Nov 27 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is collaborating with the Selangor and Johor state governments to ensure that every district has at least one direct current (DC) fast charger for electric vehicle (EV) use.

Malaysian Brands Stand Out At 18th World Branding Awards In London

KUALA LUMPUR, Nov 27 (Bernama) -- The 18th edition of the World Branding Awards recognised the achievements of some of the world's top brands, crowning them as National, Regional, and Global Winners, including Malaysia’s Farm Fresh, Getha and Munchy's.