1y ago
KUALA LUMPUR, Nov 29 (Bernama) --The official reserve assets amounted to US$117.59 billion, while other foreign currency assets amounted to US$5.7 million as at end-October 2024, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Nov 28 (Bernama) – Ananda Krishnan, who died today aged 86, leaves an indelible mark in corporate Malaysia having founded several top-notch companies and emerging as among Malaysia’s richest men.
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) -- 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
By Syamsiah Sahat
BEIJING, Nov 28 (Bernama) -- Malaysian small and medium enterprises (SMEs) described the China International Supply Chain Expo (CISCE) as an eye-opening experience in terms of future market planning, as well as benefiting from finding space for their supply chain business.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Tropicana Corporation Bhd’s net loss surged to RM454.93 million in the third quarter (3Q) ended Sept 30, 2024, from RM10.34 million net loss recorded in the same period last year.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysian companies are encouraged to explore the vast opportunities offered by Russian businesses, particularly in digitalisation and information technology (IT), said Roscongress Foundation.
1y ago
ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has decided to register MYDATA Informatica Sdn Bhd (MISB) and One Future Solutions Sdn Bhd (OFS) as new credit reporting agencies (CRAs) under Section 14 of the Credit Reporting Agencies Act 2010 [Act 710].
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Emerging Markets Global Advisory Limited (EMGA) has secured US$210 million debt finance for their long-standing Brazil based client, BTG Pactual (BTG). (US$1=RM4.45)
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia is currently leading the region's initial public offering (IPO) market, with increasing participation from both institutional and retail investors, reflecting growing interest in capital markets.