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KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.
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By Jailani Hasan
LABUAN, March 21 (Bernama) -- The proposed Labuan’s Phase 1 Waterfront development is set to drive economic growth and provide significant spillover benefits to the island, according to Universiti Malaysia Sabah (UMS) Assoc Prof Dr Romzi Ationg.
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KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) approved 21 equity applications, including 10 initial public offerings (IPOs), on the Main Market of Bursa Malaysia with a total market capitalisation of RM21.39 billion in 2024.
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KUALA LUMPUR, March 20 (Bernama) -- Malaysian National News Agency (Bernama) economic news service assistant editor Niam Seet Wei has been selected as a participant of Khazanah Nasional Bhd's Khazanah Residency Programme (KRP) Wolfson Press Fellowship 2025.
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LABUAN, March 20 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has been tasked by CILT Malaysia to drive the growth and development of Labuan’s logistics and transport industry.
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KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.
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LABUAN, March 15 (Bernama) -- Labuan, the Malaysian international business and financial hub, is set for a significant transformation with the proposed RM38 million Waterfront Development Project (Phase 1) to generate economic benefits and enhance tourism offerings in the island federal territory.
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KUALA LUMPUR, March 14 (Bernama) -- Pertama Digital Bhd has proposed to acquire two companies which provide installation, maintenance, management and supporting services for surveillance and technologies systems as part of the group’s long-term business strategy and proposed regularisation plan.
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KUALA LUMPUR, March 14 (Bernama) -- There is a potential reduction of global trade volume by 7 to 10 per cent in the medium to long term, marking a substantial decline if United States President Donald Trump's proposed tariffs are enacted.
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KUALA LUMPUR, March 13 (Bernama) -- TMK Chemical Bhd’s wholly-owned subsidiary, Chlor-Al Chemical Pte Ltd (CAL), will buy a parcel of land in Singapore from Chin Yuan Metal Pte Ltd (CYM) for S$14.80 million (S$1 = RM3.31).
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KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.
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KUALA LUMPUR, March 11 (Bernama) -- Kerjaya Prospek Group Bhd’s share price took a tumble in the early trading session today despite news that its wholly-owned subsidiary had secured a second contract win for the year.