1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt Oil Company (Hunt).
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- CapitaLand Malaysia Trust (CLMT), a real estate investment trust (REIT), has secured RM752 million in sustainability-linked loans to date.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM900 million for the “Program Residensi Rakyat” (PRR) and “Rumah Mesra Rakyat” housing schemes under Budget 2025 is set to address the critical need for more affordable housing options in the face of economic uncertainty.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- As Malaysia is at a critical point in its green energy transition, energy storage is key to the transformation as it allows for effective management of renewable energy (RE) and supports the development of a sustainable, low-carbon future, said Citaglobal Bhd.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia’s international reserves stood at US$119.6 billion (US$1=RM4.30) as at Oct 15, 2024, compared to US$119.7 billion on Sept 30, 2024.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the merger of Bank Pembangunan Malaysia Bhd, Exim Bank, and SME Bank is still in progress, and the focus on small and medium enterprises (SMEs) will continue.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The implementation of a sustainability-linked regulatory framework could catalyse data centre developments in regions beyond Cyberjaya and Johor, such as Kedah, as investors seek to tap into new areas for digital hubs, according to BMI.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- The allocation of RM470 million for financing funds aimed at supporting women-led micro, small and medium enterprises (MSMEs) will play a crucial role in assisting women entrepreneurs in securing working capital, acquiring assets, and expanding their business capacity to higher levels.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia’s Budget 2025 focus on efficiency and investment, coupled with tax relief for first-time house buyers, is likely to increase home purchases, said the international real estate technology group, Juwai IQI.