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Rackson Group To Transform Bayan Lepas Skyline With RM1.5 Bln GDV Project

GEORGE TOWN, Nov 23 (Bernama) -- Rackson Group has unveiled a landmark RM1.5 billion gross development value (GDV) project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion Serviced Apartments.  

Outlook For DUAE Segment Remains Positive Despite Capacity Challenges, Says AM Best

KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

BMI Projects RM3,900/T Palm Oil Price Average For 2025

KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.  

Bubbles O2 Partners With Queen Of Nature Group

From Zarul Effendi Razali

DUBAI, Nov 20 (Bernama) -- Bubbles O2 Sdn Bhd, a pioneer in Malaysia’s naturally oxygenated mineral water industry, has announced a partnership with the Queen of Nature Group today at MIHAS@Dubai 2024.

E&O Launches RM60 Bln Masterplan For Andaman Island Development Project

GEORGE TOWN, Nov 20 (Bernama) -- Malaysian property developer, Eastern & Oriental Bhd (E&O) has unveiled its masterplan for its Andaman Island development project, with a gross development value (GDV) of RM60 billion.

Anaqua To Be Acquired By Nordic Capital

KUALA LUMPUR, Nov 19 (Bernama) -- Anaqua announced that Nordic Capital, an experienced private equity investor in Technology & Payments globally, has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg.

RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.

Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

MIHAS@Dubai Highlights Malaysia's Leadership, Expertise In Halal Industry To Global Markets

From Zarul Effendi Razali

DUBAI, Nov 18 (Bernama) -- The Malaysia International Halal Showcase (MIHAS) in Dubai will highlight Malaysia's leadership and expertise in the halal industry to a global audience.

Strong Malaysia-UAE Trade Ties In Halal Industry Underscore High Demand, Trust Within MENA Region -- Ahmad Zahid

DUBAI, Nov 18 (Bernama) -- The strong trade relationship between Malaysia and the United Arab Emirates (UAE) in the halal industry underscores the high demand and trust in Malaysia’s premium halal products within the Middle East and North Africa (MENA) region.

RM11 MAHB Privatisation Offer Provides Immediate Gains For Investors – CIMB

KUALA LUMPUR, Nov 18 (Bernama) -- The offer to privatise Malaysia Airports Holdings Bhd (MAHB) at RM11 per share provides an opportunity for investors to realise immediate gains, said CIMB Securities Sdn Bhd.