10h ago
KUALA LUMPUR, Dec 17 (Bernama) -- Paramount Corporation Bhd’s wholly-owned subsidiary Prima Kuasa Sdn Bhd has entered into a sale and purchase agreement with SJ Properties Sdn Bhd to acquire 19.62 hectares (48.49 acres) for a RM579 million housing project.
11h ago
KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.
2d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia’s key index extended its uptrend today, climbing to a 14-month high, surpassing the previous high recorded on Oct 22, 2024 at 1,642.54, supported by broad-based buying from local institutional investors.
5d ago
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).
5d ago
KUALA LUMPUR, Dec 12 (Bernama) -- Oil palm smallholders are reminded not to be deceived by the sale of cheap fertilisers with low nutrient content levels, which affect yields and waste resources.
5d ago
KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia edged higher in early trade, following mostly stronger sessions on Wall Street overnight.
5d ago
KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit opened firmer against the greenback for a second day, buoyed by softer US data and the Federal Reserve (Fed)’s 25-basis-point lending rate cut.
6d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Malaysia has a comprehensive legal and regulatory framework for targeted financial sanctions (TFS) related to proliferation financing (PF) pursuant to the United Nations Security Council Resolution (UNSCR) and its successor resolutions.
6d ago
KUALA LUMPUR, Dec 11 (Bernama) -- AGX Group Bhd has proposed a bonus issue of up to 108.22 million warrants based on one warrant for every four shares held.
6d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.
6d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.
6d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).