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ASEAN Must Speed Up Its Integration Amid Global Trade Headwinds -- Tengku Zafrul

KUALA LUMPUR, July 24 (Bernama) -- ASEAN must step forward together and speed up its integration to reduce trade friction among its members amid global trade uncertainties, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Multiply Group Makes Bold Leap Into Europe With 1.3 Bln Euros Acquisition Of Spain’s Tendam

KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)

YelaoShr Becomes Licensed Franchise, Eyes 300 Centres Nationwide By 2028

PETALING JAYA, July 23 (Bernama) -- Education provider YelaoShr Education Group Sdn Bhd has officially transitioned into a licensed franchise under the name YelaoShr, with plans to expand its network to 300 centres across the country by 2028.

CGC Enhances Financing Features Under BizJamin MTC, BizJamin-i MTC Schemes To Support MTCs

KUALA LUMPUR, July 23 (Bernama) --  Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.

Airwallex Named 'Company Of Good' In Singapore For Driving Purpose-Led Growth

KUALA LUMPUR, July 22 (Bernama) -- Airwallex, a global financial platform for modern businesses, has been recognised as a Company of Good (COG) by the National Volunteer & Philanthropy Centre (NVPC) for its meaningful and growing contributions to corporate purpose and community impact in Singapore.

Bursa Carbon Exchange, UEM Lestra Ink MoC To Pilot First CRESS Auction

KUALA LUMPUR, July 22 (Bernama) -- Bursa Carbon Exchange (BCX), a wholly owned unit of Bursa Malaysia Bhd, has signed a memorandum of collaboration (MoC) with UEM Lestra Bhd, a wholly owned unit of UEM Group Bhd, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).

Sabah Blue Economy On Track To Yield RM3.25 Bln Annually From Marine Harvests

KOTA KINABALU, July 20 (Bernama) -- The Sabah Blue Economy is estimated to yield 491,000 tonnes of marine harvests such as fish and prawns annually, with a value of RM3.25 billion, said Chief Minister Datuk Seri Hajiji Noor.

Foreign Investors Remain Significant Net Buyers In First Half, Contribute Net Inflow Of RM21.4 Bln

KUALA LUMPUR, July 18 (Bernama) -- Foreign investors remained significant net buyers in the first half of 2025, contributing a cumulative net inflow of RM21.4 billion year-to-date June 2025, said RAM Ratings Services Bhd (RAM Ratings).

Saliran Appoints CFO Yong Wai Kin As Executive Director

KUALA LUMPUR, July 17 (Bernama) -- Saliran Group Bhd has appointed its chief financial officer (CFO) Yong Wai Kin as executive director of the company effective today.

SEKO Logistics Opens New Singapore Hub To Power Regional Fulfilment, Growth

KUALA LUMPUR, July 17 (Bernama) -- SEKO Logistics (SEKO) has relocated its Singapore corporate office and warehouse to a new 8,000-square-foot facility in the Changi Free Trade Zone, a move that supports the company’s Asia Pacific growth strategy.

SCCCI, Maybank Ink MoU To Drive Cross-Border Trade, Investment Opportunities In JS-SEZ

KUALA LUMPUR, July 17 (Bernama) -- The Singapore Chinese Chamber of Commerce and Industry (SCCCI) and Maybank Singapore Ltd have signed a memorandum of understanding (MoU) to strengthen cross-border business collaboration.

Maybank IB Expects BNM To Maintain OPR Rate At 2.75 Pct Until Year-end

KUALA LUMPUR, July 17 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent for the rest of the year after the 25 basis points reduction on July 9.