KUALA LUMPUR, Feb 3 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of shariah-compliant short-term liquidity instruments, said its outstanding sukuk portfolio reached a record US$6.795 billion (US$1 = RM3.93), up 64 per cent from US$4.14 billion a year ago.
KUALA LUMPUR, Feb 3 (Bernama) -- Propel Global Bhd has signed a memorandum of understanding (MoU) with Sabah Energy Corporation Sdn Bhd and Reservoir Link Energy Bhd to explore the development of a modular gas power plant in Sabah.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concern over the stronger ringgit against the US dollar, which will affect the demand for the commodity in the near term, a trader said.
SINGAPORE, Feb 3 (Bernama) -- Mooring solutions provider Mooreast Holdings Ltd said it is collaborating with Sime Darby Joy Industries Sdn Bhd, a unit of Sime Darby Bhd, on offshore business opportunities, including renewable energy.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.
KUALA LUMPUR, Feb 3 (Bernama) -- Pintaras Jaya Bhd’s wholly owned subsidiary, Pintaras (East Malaysia) Sdn Bhd, has won a subcontract for a proposed bridge construction in Kuching, Sarawak, worth RM35.5 million.
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.
KUALA LUMPUR, Feb 3 (Bernama) -- India is increasingly viewing Malaysia as a strategic gateway to expand its economic footprint in Southeast Asia, using the country as a springboard to deepen trade and business engagement across the region, an academician said.
KUALA LUMPUR, Feb 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, driven by mixed signals from regional futures and crude oil prices, a dealer said.
KUALA LUMPUR, Feb 3 (Bernama) -- Education First (EF) has opened a unique opportunity for a new title partner to join EF Pro Cycling while remaining the team’s long-term owner and anchor investor.
KUALA LUMPUR, Feb 3 (Bernama) -- Gold and silver prices are expected to remain bullish over the mid- to long-term despite short-term volatility triggered by global macroeconomic and geopolitical developments, said Malaysia Gold Association (MGA) president Datuk Seri Louis Ng.
KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
