Richmond Asia Group Targets 20-hotel Portfolio In Malaysia By 2033

KUALA LUMPUR, Jan 12 (Bernama) -- Richmond Asia Group plans to expand its hospitality portfolio in Malaysia to 20 hotels over the next eight years.

Bursa Malaysia Ends Higher, CI Hit More Than Six-year High

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia concluded the week on a stronger note, with the benchmark index reaching a more than six-year high due to continued buying of blue-chip stocks, aligning with the performance of stronger regional markets.

EXIM Bank Malaysia Inks Tripartite MoUs With Turkish Firms To Boost Bilateral Trade, Investment Ties

KUALA LUMPUR, Jan 9 (Bernama) -- The signing of three partnerships between EXIM Bank Malaysia and Turkish companies has further reinforced bilateral trade and investment collaboration, while supporting the international expansion of Malaysian companies in line with Malaysia’s broader industrial and trade diversification objectives.

KKB Subsidiary Bags RM212 Mln Contract From Petronas Carigali For Offshore EPC Job

KUALA LUMPUR, Jan 9 (Bernama) -- KKB Engineering Bhd’s subsidiary OceanMight Sdn Bhd has bagged an award from Petronas Carigali Sdn Bhd for the provision of minor engineering, procurement, and construction (EPC) of a fixed offshore structure and “host tie-in” at Erb West for the Belud South Greenfield development project worth RM212 million.

Globaltec To Generate First Revenue From Indonesian Coalbed Methane Venture This Year

From Nur Aiman Najwa Dzamae

JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.

Malaysia, Turkiye Aim For Synergy In Defence, Energy And High-tech Industries - PM Anwar

From Muhammad Saufee Rosman

ISTANBUL, Jan 8 (Bernama) -- Malaysia and Turkiye have agreed to strengthen cooperation in strategic industries by leveraging their respective strengths in the defence, energy and high-technology sectors, said Datuk Seri Anwar Ibrahim. 

Bursa Malaysia's Key Index Ends 0.43 Pct Lower On Profit-taking

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.

Melaka Forges Strategic Ties With Turkiye For RM1.8 Bln Shipyard Project

MELAKA, 8 Jan (Bernama) -- Melaka is strengthening its position as a regional maritime hub with an official visit to Desan Shipyard in Istanbul, Turkiye, to finalise a strategic partnership for the ‘Enrique of Malacca Shipyard’, a modern RM1.8 billion facility to be developed in the Melaka Waterfront Economic Zone.

Well-Located Assets To Drive Klang Valley Property Market In 2026 -- CBRE WTW

KUALA LUMPUR, Jan 7 (Bernama) -- Klang Valley property market performance for this year will be mainly driven by well-located, high-quality assets that meet changing work, shopping and travel needs, according to CBRE WTW Valuation and Advisory Sdn Bhd.

Bursa Malaysia's Key Index Rebounds 0.27 Pct On Heavyweight Buying

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia’s benchmark index rebounded from earlier losses to close at its intraday high on Wednesday, gaining 0.27 per cent in late trading as buying interest returned to selected heavyweights.

SAMENTA Hails Govt's RM80 Bln SME Support Package To Weather Compliance Challenges

KUALA LUMPUR, Jan 6 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) views the comprehensive support package valued at nearly RM80 billion for Malaysian small and medium enterprises (SME) as a critical injection of liquidity and a buffer against the rising costs of compliance.

Iskandar Waterfront City Obtains Bursa's Approval For Regularisation Plan

KUALA LUMPUR, Jan 6 (Bernama) -- Iskandar Waterfront City Bhd has obtained approval from Bursa Malaysia Securities Bhd for its proposed regularisation plan, which comprises a proposed debt settlement and a proposed capital reduction, to exit its affected listed issuer status.