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From Soraya Jamal
BALI, Sept 18 (Bernama) -- Capital A Bhd’s subsidiary, Asia Digital Engineering Sdn Bhd (ADE), and PT Garuda Maintenance Facility Aero Asia Tbk (GMF) have entered a strategic partnership for a new landing gear maintenance, repair, and overhaul (MRO) business with a combined investment of US$12 million (US$1 = RM4.25).
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit has been on a uptrend against the US dollar today, moving to its highest close since Feb 2, 2023 at the close of trading today.
KUALA LUMPUR, Sept 18 (Bernama) -- Haily Group Bhd’s wholly-owned unit Haily Construction Sdn Bhd has accepted a letter of award from Meridin East Sdn Bhd for the construction and completion of 393 units of terrace houses in Johor Bahru worth RM75.90 million.
KUALA LUMPUR, Sept 18 (Bernama) -- The International Sourcing Programme (INSP) organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 has been a success, with the virtual segment having achieved RM347 million in sales to date.
KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Bhd hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop to explore the potential of CBAM in revolutionising sustainable industrial practices.
KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.
KUALA LUMPUR, Sept 18 (Bernama) -- Insurers and takaful operators must expand their capacity and readiness to reduce critical protection gaps and strengthen financial safety nets, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Sept 18 (Bernama) -- The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, said Maybank Investment Bank Bhd (Maybank IB).
KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025.
KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.
KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.
