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IILM’s Short-term Sukuk Portfolio Hits New Record High Of US$6.2 Bln

KUALA LUMPUR, Nov 4 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) outstanding short-term Sukuk portfolio has reached a new record level of US$6.2 billion (US$1=RM4.20).

Binastra Wins RM188.53 Mln Mechanical Fit-out Contract For Data Centre

KUALA LUMPUR, Nov 4 (Bernama) -- Binastra Corporation Bhd’s wholly-owned subsidiary Binastra Builders Sdn Bhd has accepted a contract worth RM188.53 million from MYT DC3 Sdn Bhd for phase 2 of a mechanical and electrical fit-out for a proposed construction of a data centre project.

Pharmaceutical Market Poised For Growth Following Malaysia-US Agreement

KUALA LUMPUR, Nov 3 (Bernama) -- The United States (US) pharmaceutical companies are likely to see increased sales in Malaysia following the signing of the Malaysia-US Agreement on Reciprocal Trade (ART).

IJM Secures RM873.9 Mln Contract For Hyperscale Data Centre Works

KUALA LUMPUR, Oct 29 (Bernama) -- IJM Corporation Bhd's wholly-owned subsidiary, IJM Construction Sdn Bhd, has accepted a letter of award (LOA) worth RM873.9 million from Pearl Computing Malaysia Sdn Bhd for the mechanical and electrical (M&E) fit-out works of a hyperscale data centre in Elmina Business Park, Selangor.

Priority Economic Deliverables Hallmark Of Malaysia's Leadership As ASEAN Chair 2025

KUALA LUMPUR, Oct 20 (Bernama) – Malaysia can hold its head high as its chairmanship of ASEAN 2025 draws to a close this year for having set in motion initiatives to drive regional integration, engage more with dialogue partners and fortify the grouping’s economic pillar.

IILM Upsizes Sukuk Programme To US$8.5 Bln

KUALA LUMPUR, Oct 16 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the upsizing of its sukuk programme from US$6 billion to US$8.5 billion (US$1=RM4.22). 

Malaysia Could Start Nuclear Power Development With Floating Power Units - Rosatom

KUALA LUMPUR, Oct 16 (Bernama) – Malaysia could begin its nuclear power development with floating power units (FPUs) as an initial step towards establishing nuclear capacity by 2031, said Rosatom Energy Projects project director Alexander Tsibulya.

Downward Trend In Debt, Fiscal Reforms Can Support Malaysia’s Sovereign Rating -- Fitch

KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.

BMI Expects Malaysia’s Budget Deficit To Narrow To 3.6 Pct In 2026

KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026,  broadly in line with the government’s fiscal projections.

Malaysia’s Medical Tourism Growth To Be Driven By Initiatives, Partnerships

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s medical tourism industry is expected to sustain strong growth, supported by targeted initiatives and strategic partnerships, said BMI, a Fitch Solutions company.

Innovation, Strong Partnerships Key To Achieving Connectivity Targets – EdgePoint

KUALA LUMPUR, Oct 12 (Bernama) -- Further innovation in technology solutions and strong public-private partnerships are needed to meet Malaysia’s national connectivity goals, said EdgePoint Infrastructure, a telecommunications infrastructure provider.

BMI Maintains Brent Price Forecast At US$68 Per Barrel For 2025

KUALA LUMPUR, Oct 10 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its Brent crude price forecast at an annual average of US$68 per barrel for 2025 and US$67 per barrel for 2026, down from US$80 per barrel in 2024.(US$1 = RM4.21).