SkyWorld Development To Buy KL Land For RM110 Mln

KUALA LUMPUR, April 16 (Bernama) -- SkyWorld Development Bhd’s wholly owned subsidiary Rimba Maju Realiti Sdn Bhd (RMRSB) will buy 1.23 hectare freehold land at Tempat Sungei Teba, Mukim Batu, Kuala Lumpur for RM110 million from MS Tan Corporation Sdn Bhd.

Affin Shareholders Approve All AGM Resolutions, Proposes Bonus Issue Amid Strong FY2024 Performance

KUALA LUMPUR, April 16 (Bernama) -- Shareholders of Affin Group approved all ten resolutions tabled at the bank’s 49th Annual General Meeting (AGM) today.

Bank Muamalat's Unit Launches New Shariah-compliant Gold Investment Fund

KUALA LUMPUR, April 16 (Bernama) -- Bank Muamalat Malaysia Bhd’s wholly-owned subsidiary Muamalat Invest Sdn Bhd has launched a new Shariah-compliant gold investment fund, the Muamalat-i Gold Fund (MiGOLD).

West River Launches IPO Prospectus, Aims To Raise RM27.9 Mln

KUALA LUMPUR, April 10 (Bernama) – West River Bhd, a provider of mechanical and electrical (M&E) engineering services, has launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd scheduled on May 5, 2025. 

ASEAN Fund Mobilised For Myanmar Earthquake Relief, Long-term Support Under Discussion

KUALA LUMPUR, April 10 (Bernama) -- The ASEAN Disaster Management and Emergency Relief Fund has been utilised in the wake of the recent earthquake in Myanmar, with the regional bloc now looking towards longer-term recovery efforts, said ASEAN Secretary-General Dr Kao Kim Hourn.

ASEAN Power Grid Vision Needs US$764 Bln For Power Generation, Transmission Infrastructure - ASEAN Sec-Gen

By Zufazlin Baharuddin

KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.

National Scam Response Efforts Show Promising Start In Malaysia

By Siti Baaqiah Mamat

KUALA LUMPUR, April 8 (Bernama) -- Establishing the National Scam Response Centre (NSRC) and the National Fraud Portal has yielded early signs of success in combating the rising number of scams and fraud cases reported in recent years, said Bank Negara Malaysia (BNM).

ASEAN Urged To Scale Up Private Capital Investments For Climate Projects -- BNM Governor

KUALA LUMPUR, April 7 (Bernama) -- Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour today has called on ASEAN member states to scale up private sector investments in climate projects given the scale of the region’s investment needs.

Short-Term Rates End Steady On BNM Operations

KUALA LUMPUR, April 4 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. 

Ringgit Ends Firmer Vs US Dollar Amidst Uncertainties Over Tariffs

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 4 (Bernama) -- The ringgit ended the week on a firmer footing against the US dollar amidst uncertainties over the reciprocal tariff imposed by the United States (US) administration, said an analyst. 

Malaysia Well-positioned To Face Economic Crisis If Global Trade War Breaks Out – Amir Hamzah

By Mikhail Raj Abdullah

PUTRAJAYA, April 4 (Bernama) – Malaysia is well-positioned to face any economic crisis following fears that the United States’ (US) sweeping tariffs on 168 countries, including Malaysia, will start a global trade war.

Lone Star Funds Completes Sale Of Japanese Rental Property Asset

KUALA LUMPUR, April 3 (Bernama) -- Lone Star Funds (Lone Star) has announced that an affiliate of Lone Star Real Estate Fund VI L.P. has successfully completed the sale of Tokyo β (Tokyo Beta), one of the largest rental property assets in Tokyo.