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Sunsuria's Unit Signs DRA With Kwasa Land For RM492 Mln Sungai Buloh Residential Project

KUALA LUMPUR, April 17 (Bernama) -- Sunsuria Bhd’s indirect wholly owned subsidiary, Sunsuria Damansara Sdn Bhd (SDSB), has entered into a development rights agreement (DRA) with Kwasa Development (13) Sdn Bhd (KD13), a unit of Kwasa Land Sdn Bhd, for a residential project in Sungai Buloh, Selangor, with an estimated gross development value of RM492 million.

MAG Not Seeking Capital Injection From Khazanah

KUALA LUMPUR, April 17 (Bernama) -- Malaysia Aviation Group (MAG) has indicated that it has no plans to seek further capital injection from its main shareholder, Khazanah Nasional Bhd. 

Xi's Visit Elevates Malaysia’s Role As A Strategic Middle Power - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, April 17 (Bernama) -- Chinese President Xi Jinping’s visit elevates Malaysia’s role as a middle power, integrated into both United States and China supply chains, with room to manoeuvre as trade tensions between Washington and Beijing continue to escalate.

Xi Makes Three Proposals To Deepen Strategic Partnership With Malaysia 

KUALA LUMPUR, April 16 (Bernama) --  Chinese President Xi Jinping has outlined a three-point proposal to build a high-level strategic China-Malaysia community with a shared future, during talks with Prime Minister Datuk Seri Anwar Ibrahim in Putrajaya on Wednesday.

APAC Banking Sector Remains Mostly Resilient Amid US Tariff Risks - Fitch Ratings

KUALA LUMPUR, April 17 (Bernama) --  Fitch Ratings is maintaining its mostly neutral outlook for the banking sector across several Asia Pacific (APAC) economies, including Malaysia, noting that they are more resilient to a higher United States (US) tariff regime.

Bank Rakyat Declares 17 Pct Dividend For FY2024, Posts RM1.82 Bln Profit

KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend distribution of 17 per cent, amounting to RM486.32 million for the financial year ended Dec 31, 2024 (FY2024).

Gold Futures Close Slightly Higher On Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, April 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally higher today, following gains on COMEX, as traders cautiously monitor the tariff situation, said an analyst.

APAC Credit Conditions Remain Firmly On The Downside Amid China-US Trade Tension -- S&P

KUALA LUMPUR, April 15 (Bernama) -- Asia-Pacific credit conditions remain firmly on the downside, given the escalation in China-US relations and uncertain US trade policy, which are hitting growth and confidence in the region, said S&P Global Ratings.

F&NHB Marks Historic Import Of 2,500 Dairy Heifers From Chile

SEREMBAN, April 15 (Bernama) -- Fraser & Neave Holdings Bhd (F&NHB) has marked a milestone with its first batch of 2,500 dairy heifers from Chile to its integrated dairy farm in Gemas, Negeri Sembilan.

Rubber Market Ends Higher On Concerns Over Raw Material Shortage

KUALA LUMPUR, April 14 (Bernama) -- The Malaysian rubber market ended higher today, supported by ongoing concerns over raw material supply shortage due to weather conditions and wintering in major natural rubber (NR) producing countries, a dealer said. 

Rubber Market To Trade Sideways Next Week, Tracking Crude Oil, Futures Performances

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 12 (Bernama) -- The Malaysian rubber market is expected to trade sideways in the coming week with prices likely to track regional rubber futures and benchmark crude oil prices amid ongoing United States (US)-China trade tensions, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

SkyWorld Development Signs MoU With Vietnam Entities Related To 13D Project

KUALA LUMPUR, April 11 (Bernama) -- SkyWorld Development Bhd’s wholly-owned subsidiary SkyWorld Development (Vietnam) Company Ltd has signed a memorandum of understanding (MoU) with entities from Vietnam in relation to the development of the Project Residential Complex No 13D (13D project).