FBM KLCI Rebounds At Midday, Driven By Utilities, Consumer Stocks

KUALA LUMPUR, March 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded to end the morning trading session higher, boosted by gains in the utilities and consumer product and services counters.

Troy Shortell To Lead SuperFreeze’s Operations, Drive Innovation Across Asia

KUALA LUMPUR, March 11 (Bernama) -- SuperFreeze, an operator, developer, and owner of advanced cold storage facilities in Asia, has appointed Troy Shortell as Co-Chief Executive Officer (CEO).

BNM, Stakeholders To Expedite Long-term Solution To Tackle Rising Medical Cost

KUALA LUMPUR, March 11 (Bernama) -- Bank Negara Malaysia (BNM) and relevant stakeholders are working together to expedite the implementation of a long-term solution to effectively control medical cost inflation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Falcon Expands Fleet With Embraer, Bombardier Private Jets 

KUALA LUMPUR, March 11 (Bernama) -- Falcon, a premier aviation service provider, has unveiled the addition of two new private jets, the Embraer Legacy 650 and Bombardier Challenger 850, to its growing fleet.

DITO Licence Applications Remain Open Until Dec 31, 2026 - BNM

KUALA LUMPUR, March 10 (Bernama) -- The application for digital insurers and Takaful operators (DITOs) licences remains open until Dec 31, 2026, and Bank Negara Malaysia (BNM) may announce successful applicants during or after this period.

4.89 Mln Ha Of Oil Palm Land MSPO Certified As At December 2024 - Chan

KUALA LUMPUR, March 10 (Bernama) -- A total of 4.89 million hectares (ha), or 86.47 per cent of palm oil cultivation areas in Malaysia, have received certification under the Malaysian Sustainable Palm Oil (MSPO) standard as of Dec 31, 2024, demonstrating Malaysia’s commitment to sustainability.

Bumi Armada Shares Rise In Early Trade After Securing Contracts

KUALA LUMPUR, March 10 (Bernama) -- Bumi Armada Bhd shares rose in early trade after the group secured two contracts worth a total of RM578.4 million from India's state-owned oil company Oil and Natural Gas Corporation Ltd (ONGC).

Delay Proposed 30 Pct Port Tariff Hikes -- FMM

By Harizah Hanim Mohamed

KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.

Bumi Armada Bags Two Contracts Worth Rm578.4 Mln

KUALA LUMPUR, March 7 (Bernama) -- Bumi Armada Bhd has secured two contracts worth a total of RM578.4 million from India's state-owned oil company, Oil and Natural Gas Corporation Ltd (ONGC). 

Insurance Associations Forward Proposals For Healthcare, Insurance Sustainability

KUALA LUMPUR, March 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA), and the Persatuan Insurans Am Malaysia (PIAM) have jointly proposed key recommendations to the Public Accounts Committee (PAC) to enhance affordability, transparency and sustainability in Malaysia’s healthcare and insurance sectors.

DNB, Meta Collaborate On Setting Up Innovation Lab In Malaysia

KUALA LUMPUR, March 7 (Bernama) -- Digital Nasional Bhd (DNB) and Meta collaborate on setting up a joint innovation lab in Malaysia to enhance voice and video connectivity on Meta’s platforms significantly.

Mavenir-Tune Talk Partnership To Revolutionise Malaysia’s Telco Landscape 

KUALA LUMPUR, March 5 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has signed a Memorandum of Agreement (MoA) with Tune Talk to provide a cutting-edge Cloud-Native Digital Operations Support System (OSS) and Business Support System (BSS) platform.