10m ago
KUALA LUMPUR, March 21 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) olefins and derivatives (O&D) segment is expected to remain under pressure in the first quarter (1Q) of 2025, with plant utilisation projected to hover around 70 per cent, excluding the Pengerang Petrochemicals Complex (PPC), CIMB Securities Sdn Bhd said.
10m ago
KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.
10m ago
KUALA LUMPUR, March 5 (Bernama) -- Falcon, a premier aviation service provider, has announced plans to invest more than US$100 million to upgrade its facilities at Al Maktoum International Airport in Dubai. (US$1=RM4.44)
11m ago
KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.
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By Mikhail Raj Abdullah
KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).
11m ago
By Mohd Khairi Idham Amran and Norsyafawati Ab Wahab
KOTA TINGGI, Feb 25 (Bernama) -- As Malaysia takes on the ASEAN chairmanship in 2025, it is confident that Timor-Leste will be a "very good new member" to the regional bloc, said the secretary-general of the Ministry of Investment, Trade and Industry (MITI) Datuk Hairil Yahri Yaacob.
11m ago
BANGI, Feb 22 (Bernama) -- The federal government will meet the Sarawak state government to detail the scope of cooperation between Petroleum Sarawak Bhd (Petros) and Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, 20 Feb (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will hold an engagement session with Proton Holdings Bhd and Zhejiang Geely Holding Group Co Ltd (Geely) to discuss supply chain-related issues.
11m ago
KUALA LUMPUR, Feb 20 (Bernama) -- The government has granted an exemption of the e-invoice issuance to small traders with annual sales below RM150,000, benefitting over 700,000 small traders such as hawkers as they no longer need to issue e-invoices, said Finance Minister II Amir Hamzah Azizan.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has acquired the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd (PPSB) from Employees Provident Fund (EPF) subsidiary, Tanjung Wibawa Sdn Bhd (TWSB), for RM184.08 million.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Motorola Solutions has been granted a 10-year contract valued at AUD$500 million (approximately US$330 million) from the Victorian government to maintain and enhance the Metropolitan Mobile Radio network (MMR) relied upon by the state’s emergency services. (US$1=RM4.42)
11m ago
By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 17 (Bernama) -- The agreement reached between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) provides certainty that the country's oil and gas sector will remain sustainable while also boosting investor confidence in the industry’s competitiveness.