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Cuba Mulls Biotech, Pharma Partnership With Malaysia, Eyeing ASEAN Launchpad

KUALA LUMPUR, Nov 26 (Bernama) -- Cuba and Malaysia should forge deeper partnerships in biotechnology and pharmaceuticals, particularly in producing vaccines, including halal vaccines that would cater to the local demographics, Cuban Ambassador to Malaysia Florentino Batista Gonzalez said.

Petronas Dagangan Share Price Surges On Strong 3q Net Profit

KUALA LUMPUR, Nov 26 (Bernama) -- Petronas Dagangan Bhd's shares climbed nearly five per cent following a strong surge in net profit announced yesterday.

Petronas Dagangan's 3Q Net Profit Almost Doubles On Strong Margins

KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

Malaysia's Cocoa Export Revenue Exceeds RM8 Bln As Of August 2024 - Chan

KAJANG, Nov 25 (Bernama) -- Malaysia’s cocoa industry have registered a total export revenue of RM8.87 billion as of August 2024, representing 98 per cent of the RM9 billion target for the year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

KPKS Perak Visits China To Advance SME Technology

GUANGZHOU (China), Nov 25 (Bernama) -- The Kinta Small and Medium Business Sustainability Association (KPKS) Perak has led a delegation to China to strengthen ties and explore collaboration opportunities with the country’s small and medium-sized enterprises (SMEs).

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.