1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.
1d ago
KUALA LUMPUR, May 4 (Bernama) -- LyondellBasell (LYB) announced it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA, marking a key milestone in its strategic review of operations in the region.
2d ago
KUALA LUMPUR, May 4 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE).
2d ago
KUALA LUMPUR, May 4 (Bernama) -- The industrial products and services recorded net foreign inflows of RM128.3 million, followed by technology (RM114.2 million), and plantation (RM53.3 million) last week, according to MBSB Investment Bank Bhd (MBSB IB).
2d ago
LABUAN, May 4 (Bernama) -- Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government grants.
5d ago
JOHOR BAHRU, May 1 (Bernama) -- Digitalisation and automation of micro, small and medium enterprises (MSMEs) have been identified as one of the five key focus areas in the Business Strategic Plan (BSP) 2022–2030 to accelerate the adoption of digital technology and improve productivity and operational efficiency.
5d ago
By Danni Haizal Danial Donald
SEPANG, May 1 (Bernama) -- Malaysia Aviation Group’s (MAG) training arm, MAB Academy Sdn Bhd, aims to become ASEAN’s leading centre of excellence (COE) for aviation, hospitality and professional training, offering hands-on programmes to develop a future-ready workforce.
5d ago
KUALA LUMPUR, April 30 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm Grab has been granted the first Cross-Border Ride-Hail Service Operator Licence (CRSOL), which allows operators to provide cross-border services through their ride-hail platforms.
5d ago
By Mohamad Syazwan Mustafa
JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.
5d ago
KUALA LUMPUR, April 30 (Bernama) -- Bina Darulaman Bhd (BDB) is strengthening its focus on core businesses and operational discipline as part of a comprehensive recovery plan to restore profitability, improve execution and build a more resilient platform for long-term growth.
6d ago
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s economy is expected to grow by 4.6 per cent to 4.9 per cent over the next three years, supported by household consumption, artificial intelligence-related investments, and technology exports, said S&P Global Ratings.
6d ago
KUALA LUMPUR, April 29 (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 Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.