MITI Shifts To New Framework To Ensure Local Products Usage Benefit Domestic Economy

KUALA LUMPUR, Feb 4 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) will focus on outcome-based measurement and monitoring under the New Incentive Framework (NIF) to ensure that investment projects using local content translate into real impact on the domestic economy.

Petronas Signs 20-year LNG Supply Deal With QatarEnergy

KUALA LUMPUR, Feb 4 (Bernama) -- Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas), has signed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.

Bursa Malaysia Opens Higher Despite Lower Wall Street

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today despite a lower Wall Street overnight performance. 

Dassault Systemes, Nvidia In Pact To Build Industrial AI Platform Powering Virtual Twins

HOUSTON, Feb 3 (Bernama) -- French software giant Dassault Systemes and Nvidia have forged a long-term strategic partnership to build a shared industrial architecture for mission-critical artificial intelligence (AI), aimed at accelerating the use of science-based “virtual twins” across multiple industries.

SGX-listed Mooreast Eyes Collaboration With Sime Darby Unit On Offshore, Renewables

SINGAPORE, Feb 3 (Bernama) -- Mooring solutions provider Mooreast Holdings Ltd said it is collaborating with Sime Darby Joy Industries Sdn Bhd, a unit of Sime Darby Bhd, on offshore business opportunities, including renewable energy.

Ringgit Ends Higher Vs US Dollar, Regional Currencies on Continued Optimism On Malaysia's Growth

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.

AME Elite Secures RM214.13 Mln Test Cell Project From KLIA Aeropolis

KUALA LUMPUR, Feb 3 (Bernama) -- AME Elite Consortium Bhd's wholly-owned unit, AME Construction Sdn Bhd has been awarded a RM214.13 million contract by KLIA Aeropolis Sdn Bhd to construct a specialised test cell facility (Phase 1) in Sepang, Selangor.

Malaysia Positioned As Key Entry Point For India’s Regional Trade Expansion -- Academician

KUALA LUMPUR, Feb 3 (Bernama) -- India is increasingly viewing Malaysia as a strategic gateway to expand its economic footprint in Southeast Asia, using the country as a springboard to deepen trade and business engagement across the region, an academician said.

EF Opens Title Partnership Opportunity For Pro Cycling Team

KUALA LUMPUR, Feb 3 (Bernama) -- Education First (EF) has opened a unique opportunity for a new title partner to join EF Pro Cycling while remaining the team’s long-term owner and anchor investor.

North Atlantic France Announces Tender Offer Schedule

KUALA LUMPUR, Feb 3 (Bernama) -- North Atlantic France SAS has completed the acquisition of ExxonMobil France Holding SAS’s (ExxonMobil) entire stake in North Atlantic Energies, formerly known as Esso Société Anonyme Française SA, representing 82.89 per cent of the company’s share capital and voting rights.

Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari

KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

MISC Secures 20-year LNG Shipping Contract From Petronas LNG

KUALA LUMPUR, Feb 3 (Bernama) -- MISC Bhd has received a letter of award (LoA) from PETRONAS LNG Ltd (PLL) for the provision of long-term liquefied natural gas (LNG) shipping services, involving three newbuild LNG carriers.