1y ago
KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)
1y ago
A Commentary By M.Saraswathi
KUALA LUMPUR, May 26 (Bernama) -- The leaders of Southeast Asia’s 10-member grouping have adopted an ambitious new economic strategy that envisions a developed ASEAN as the epicentre of growth in the larger Asia-Pacific region, elevating its stature to emerge as the world’s fourth-largest economy.
1y ago
ISKANDAR PUTERI, May 19 (Bernama) -- The final alignment proposal for the Elevated Automated Rapid Transit (E-ART) system is expected to be announced this August, the Johor State Legislative Assembly was told today.
1y ago
KUALA LUMPUR, May 19 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, within the range of US$3,200-US$3,250, due to concerns over the US fiscal situation, said SPI Asset Management managing partner Stephen Innes.
1y ago
From Sharifah Hunaini Syed Ismail
KAZAN (Tatarstan) May 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said today that Malaysia’s growing ties with Russia should not be seen as a zero-sum game, stressing that as an open trading nation, it is vital for the country to expand partnerships broadly to protect its economic interests.
1y ago
KUALA LUMPUR, May 7 (Bernama) -- Pharmaniaga Bhd recorded a net profit of RM29.58 million in the first quarter ended March 31, 2025 (1Q), up from RM25.65 million in the same period last year.
1y ago
KUALA LUMPUR, May 2 (Bernama) -- Capital A Bhd is actively exploring a potential listing on the Hong Kong Stock Exchange (HKEX) as part of its strategy to broaden access to global capital markets and position its ecosystem of digital and aviation services businesses for the next phase of growth.
1y ago
KUALA LUMPUR, May 2 (Bernama) -- Capital A Bhd is on track to complete its proposed regularisation and restructuring plan by June 2025, citing continued progress across key regulatory, financial and operational milestones.
1y ago
KUALA LUMPUR, April 30 (Bernama) -- United States (US) oil major ConocoPhillips has confirmed its exit from operating the Salam-Patawali deepwater oil and gas field, also known as Block WL4-00, off Sarawak’s coast.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 30 (Bernama) -- United States (US) oil major ConocoPhillips has confirmed its exit from operating the Salam-Patawali deepwater oil and gas field, also known as Block WL4-00, off Sarawak’s coast.
1y ago
KUALA LUMPUR, April 29 (Bernama) -- Pharmaniaga Bhd remains confident of exiting Practice Note 17 (PN17) status, supported by resilient business operations and recovery strategies that have underpinned its steady financial progress.