LATEST NEWS   Sabah and Sarawak diesel subsidy estimated at RM4.6 billion this year if current prices remain - PM Anwar | Government allocates RM2 billion in subsidies per month to maintain RON95 price at RM1.99 per litre - PM Anwar | Additional Hari Raya holiday on Monday (March 23) if Aidilfitri falls on Friday (March 20), or on Friday (March 20) if Aidilfitri falls on Saturday (March 21) - PM Anwar | 

There are 5517 news based on search keyword "pac"

EPB Group To Buy Industrial Land For RM22.49 Mln

KUALA LUMPUR, Sept 23 (Bernama) -- EPB Group Bhd subsidiary Easy Pack Machinery Sdn Bhd has signed a sale and purchase agreement with Penang Development Corporation to acquire a parcel of industrial land located at Plot P23B, Penang Science Park North for RM22.49 million

Fed Rate Cut Impact Propels Gold Futures To Close Higher

KUALA LUMPUR, Sept 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.

Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts

KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.

Bursa Malaysia Ends Easier Amid Consolidation Mode   

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia trended in a tight range and closed easier today as it has entered into a consolidation mode following two days of uptrend, said an analyst. 

Penang Port Set To Exceed 1.5 Mln TEUs By Year-end, Says CEO

BUTTERWORTH, Sept 23 (Bernama) -- Penang Port Sdn Bhd is expected to exceed a container handling capacity of 1.5 million twenty-foot equivalent units (TEUs) by the end of this year, said its chief executive officer Datuk Sasedharan Vasudevan.

Akwel Anticipates Minor Sales Drop For Current Fiscal Year

KUALA LUMPUR, Sept 23 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)

Mary Kay Now In Kyrgyzstan, Enriching Beauty And Empowerment Globally

KUALA LUMPUR, Sept 23 (Bernama) -- Mary Kay Inc, a global leader in skin care and cosmetics, announced its expansion into Kyrgyzstan, marking a significant milestone in its ongoing international growth strategy.

PropertyGuru Hopes Govt Will Continue Focus On Affordable Housing In Budget 2025

KUALA LUMPUR, Sept 23 (Bernama) -- PropertyGuru and iProperty have expressed hope Budget 2025 will continue to focus on housing initiatives aimed at underserved communities, including the low-to-middle income segment.

Malaysia's Fiscal Deficit Target Of 3 Pct By 2026 Challenging But Achievable - MARC

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).

ITMAX System Secures 15-year Smart Parking Contract In Johor

KUALA LUMPUR, Sept 23 (Bernama) -- ITMAX System Bhd’s 65 per cent owned subsidiary, Southmax Sdn Bhd (SSB), has been appointed by the Segamat Municipal Council (MPS) to operate smart parking for 7,637 on-street parking spaces in the district. 

CIOs Find AI Both Exciting, Stressful - Expereo Study

KUALA LUMPUR, Sept 23 (Bernama) -- Expereo in its latest survey revealed that 64 per cent of technology leaders from large global enterprises find it challenging and/or stressful to meet the technology demands of the business and that artificial intelligence (AI) is a key source of both pressure and opportunity.