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By Wong Cheng Hau
KUALA LUMPUR, Aug 21 (Bernama) -- About 40 per cent of the 120,000 jobs in Malaysia’s global business services (GBS) sector will be using artificial intelligence (AI) to move towards higher-value services.
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KUALA LUMPUR, Aug 21 (Bernama) -- The revised RM16.8 billion ceiling for the LRT Mutiara Line is not an uncontrolled cost escalation but reflects market conditions over the past eight years, according to Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp).
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KUALA LUMPUR, Aug 20 (Bernama) -- Urusharta Jamaah Sdn Bhd, which is a special purpose vehicle under the Ministry of Finance (MOF), has acquired three million Solarvest Holdings Bhd’s ordinary shares, raising its stake to 5.08 per cent stake.
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KUALA LUMPUR, Aug 20 (Bernama) -- Eastern & Oriental Bhd’s (E&O) indirect wholly-owned subsidiary, Hammersmith Properties Ltd, has proposed to dispose of two freehold land parcels in Hammersmith, London, to Varsity Capital 1 Propco Ltd for a minimum cash consideration of £75 million or RM427.8 million (£1 = RM5.7040).
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KUALA LUMPUR, Aug 20 (Bernama) -- Eco World Development Group Bhd’s wholly-owned subsidiary, Eco World Perpetual Capital Bhd, has established a rated Perpetual Sukuk Wakalah Programme with a nominal value of RM2.0 billion.
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KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million).
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KUALA LUMPUR, Aug 20 (Bernama) -- Manulife Holdings Bhd’s net profit for the second quarter ended June 30, 2025 (2Q 2025) rose to RM43.14 million from RM19.24 million a year earlier.
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KUALA LUMPUR, Aug 19 (Bernama) -- KPS Consortium Bhd, through its subsidiary KPS Plywood Sdn Bhd, has entered into a sale and purchase agreement with Pelangi Technowood Sdn Bhd.
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KUALA LUMPUR, Aug 19 (Bernama) -- Trident Digital Tech Holdings Ltd (Trident), a Singapore-based digital transformation company, has signed a sales and purchase agreement to acquire a 30 per cent equity stake in Tongxin Innovation Ltd (Tongxin).
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KUALA LUMPUR, Aug 18 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) will strengthen initiatives to offer green electricity supply through third-party access to expand the use of clean energy, particularly among the industrial sector.
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KUALA LUMPUR, Aug 15 (Bernama) -- The construction sector is expected to see increased job flows in the second half of this year (2H 2025), driven by the gradual rollout of major public-sector infrastructure projects, said MBSB Investment Bank Bhd.
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KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.