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Keyfield Signs MOA With Chinese Firm To Acquire US$20.55 Mln Cable-Laying Barge

KUALA LUMPUR, April 15 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary Keyfield Ventures (Labuan) Ltd (KVL), has signed a memorandum of agreement (MoA) with China’s Taizhou Sanfu Ship Engineering Co Ltd to acquire a new 98-metre-long Dynamic Positioning 2 (DP2) cable-laying barge.

Bank Rakyat Names Ahmad Shahril CEO

KUALA LUMPUR, April 15 (Bernama) -- Bank Rakyat has appointed Ahmad Shahril Mohd Shariff as chief executive officer (CEO), effective April 9, 2025.

Bursa Malaysia Appoints Abdul Farid Alias As Chairman Effective May 1

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia Bhd today announced the appointment of Tan Sri Abdul Farid Alias as its new chairman, effective May 1, 2025.

CILTM Sabah Backs Labuan’s Growth As A Regional Maritime Hub

LABUAN, March 20 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has been tasked by CILT Malaysia to drive the growth and development of Labuan’s logistics and transport industry.

Govt's Investment Injection In Sapura Energy 'A Beacon Of Hope' For Vendors

KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.

Bumi Armada Shares Rise In Early Trade After Securing Contracts

KUALA LUMPUR, March 10 (Bernama) -- Bumi Armada Bhd shares rose in early trade after the group secured two contracts worth a total of RM578.4 million from India's state-owned oil company Oil and Natural Gas Corporation Ltd (ONGC).

Bumi Armada Bags Two Contracts Worth Rm578.4 Mln

KUALA LUMPUR, March 7 (Bernama) -- Bumi Armada Bhd has secured two contracts worth a total of RM578.4 million from India's state-owned oil company, Oil and Natural Gas Corporation Ltd (ONGC). 

Reinforce Centrality, Focus On Realistic Targets And Delivery, ASEAN-BAC’s Nazir Razak Tells Grouping

KUALA LUMPUR, Feb 28 (Bernama) -- While the United States President Donald Trump is threatening to impose tariffs on both allies and rivals, an ASEAN’s top private sector official has cautioned Southeast Asian economies to increase trade and reinforce their centrality to shield themselves from such global uncertainties.

Yayasan Peneraju Introduces Direct Financing Scheme For Bumiputera Talents

KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions. 

Vortexa Unveils World's First Port-to-port Freight Pricing Platform For Energy Trading

KUALA LUMPUR, Feb 21 (Bernama) -- Vortexa, a global energy and freight market analytics provider, has launched Anywhere Freight Pricing, the first-ever port-to-port freight pricing platform for energy trading.

MISC’s Net Profit Slips To RM1.19 Bln In FY2024 From RM2.12 Bln In FY2023

KUALA LUMPUR, Feb 21 (Bernama) -- MISC Bhd’s net profit for the financial year ended Dec 31, 2024 (FY2024) declined to RM1.19 billion from RM2.12 billion registered in 2023.

M&G Sells Vessel To Thai Company For RM31.54 Mln

KUALA LUMPUR, Feb 20 (Bernama) -- Marine & General Bhd’s (M&G) an indirect wholly owned subsidiary, M&G Tankers Sdn Bhd, has completed the disposal of its vessel JM Sutera 6 for US$7.10 million (RM31.54 million) to Thailand-based company Lion Great Energy Co Ltd.