1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Yinson Holdings Bhd’s renewables business unit, Yinson Renewables (YR), has secured a US$59 million (US$1=RM4.4325) senior secured green financing facility for the Matarani solar project in Peru from IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB).
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has won the Advancing Artificial Intelligence Global Telecoms (Glotel) Award for its Network Intelligence as a Service (NIaaS).
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Bank Islam Malaysia Bhd has announced the recommencement of the Prihatin Programme for Flood to support eligible financing customers affected by recent floods.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but turned lower thereafter following a lack of catalysts amid Wall Street’s soft performance amid sticky inflation data and trading slowing ahead of the US Thanksgiving Day holiday.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, mirroring the positive momentum in the United States COMEX gold market.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- A total of 20 companies have been granted nearly RM1.5 million through the Indian Business Accelerator Programme (I-BAP), an SME Corporation Malaysia (SME Corp) initiative designed to support small businesses owned by Indian entrepreneurs in Malaysia.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Singapore, Australia, Japan and Malaysia lead the rankings as Asia-Pacific’s (APAC) leading lifestyle and investment hotspots, according to global real estate consultancy and estate agency, Knight Frank.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The government has urged local manufacturing companies to take heed of the final destination of goods exported to foreign countries to avoid being affected by the sanctions imposed by the United States (US) on Russia.