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CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week

KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.

LYB Obtains Renewable Electricity Capacity To Reach 2030 Goal

KUALA LUMPUR, Sept 25 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has signed a power purchase agreement (PPA) with Eneco N.V., bringing its total secured renewable electricity capacity to 100 per cent of its renewable electricity procurement target.

Malaysia's Strong Financial Asset Growth In 2023 Driven By Insurance, Pensions Sector - Allianz

KUALA LUMPUR, Sept 25 (Bernama) – Malaysia demonstrated impressive growth in financial assets in 2023, with per capita net financial assets reaching EUR9,430 (1 EUR=RM4.6427), according to Allianz Malaysia Bhd.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

AirAsia Drone-GIT Academy Partnership to Equip Tourist Guides with Drone Piloting Skills

PUTRAJAYA, Sept 25 (Bernama) -- AirAsia Drone has partnered GIT Academy, one of Malaysia's oldest tourist guide training academies to equip licensed tourist guides with essential drone piloting knowledge.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

RHB IB Estimates RM90 Bln Development Expenditure For Construction Sector In Budget 2025

KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated a net development expenditure of around RM90 billion in Budget 2025 as Malaysia enters the final year of the 12th Malaysia Plan.

Quantexa Named Leader For Worldwide Decision Intelligence Platforms By IDC MarketScape

KUALA LUMPUR, Sept 25 (Bernama) -- Quantexa, the global leader in Decision Intelligence (DI) solutions has been recognised as a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment.

Bursa Malaysia Opens Higher On Strong Global Sentiment 

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia extended its positive momentum this morning, buoyed by favourable global market sentiment, according to an analyst.

Ringgit Extends Gains Against Greenback On US Economic Concerns

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit maintained its upward momentum against the US dollar at today’s opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.

IATA's Updated Net Zero Roadmaps Establish The Feasibility Of Energy Transition By 2050

KUALA LUMPUR, Sept 24 (Bernama) -- The International Air Transport Association (IATA) has released updated Policy and Finance Net Zero Roadmaps, which among others conclude that the air transport industry’s energy transition is feasible on the 2050 horizon.

Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution

KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016.