11m ago
KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.
11m ago
KUALA LUMPUR, Feb 17 (Bernama) -- EcoWorld Malaysia’s unit, Eco Business Park 1 Sdn Bhd, has disposed of 56.06 hectares (ha) of freehold land in Eco Business Park I in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.
11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country.
11m ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.
11m ago
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
11m ago
KUALA LUMPUR, Feb 12 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has been selected by telecommunications operator EOLO, Italy’s largest fixed wireless access (FWA) broadband provider, to supply the 5G SA Core for its groundbreaking Gbps FWA network.
11m ago
KUALA LUMPUR, Feb 12 (Bernama) -- Global cybersecurity provider Bitdefender has acquired a key division of BitShield Data Defense Sdn Bhd, responsible for distributing Bitdefender solutions in Malaysia and Brunei.
1y ago
KUALA LUMPUR, Feb 7 (Bernama) -- The iconic beauty and entrepreneurship company, Mary Kay Inc has appointed Dr Lucy Gildea as its Chief Brand and Scientific Officer to empower future growth.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire three freehold industrial properties in Johor from Gromutual Bhd subsidiary, Rainbow Entity Sdn Bhd (RESB), for RM72 million cash.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- Khazanah Nasional Bhd will continue to diversify and strengthen its global portfolio in 2025 amid a not-so-easy and volatile global environment, managing director Datuk Amirul Feisal Wan Zahir said.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 5 (Bernama) -- Shares on Bursa Malaysia closed broadly higher with buying mainly in construction, properties, utilities, and technology sectors, analysts said.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia must adopt a proactive approach to mitigate risks and capitalise on emerging opportunities as the global trade landscape shifts due to the import tariff hike by the United States, said an economist.