Sufficient water supply during drought in Selangor - MB [ 7h ago ]

BUSINESS News List

Scomi Energy's unit bags two contracts worth US$150 mln

KUALA LUMPUR, March 25 (Bernama) -- Scomi Energy Services Bhd's wholly-owned subsidiary, Scomi Oiltools Sdn Bhd, has been awarded two five-year contracts by Kuwait Oil Company with an estimated value of US$150 million (RM610 million).

Sonitor Technologies to exhibit at 2019 Australian Health Care Week

KUALA LUMPUR, March 25 (Bernama) -- Sonitor Technologies Inc. will exhibit its products at the 2019 Australian Health Care Week (AHCW) Conference and Exhibition in Sydney, Australia.

The two-day event begins March 27.

Permaju unit inks MoU to complete RM1 bln GDV project

KUALA LUMPUR, March 25 (Bernama) -- Permaju Industries Bhd subsidiary Hardie Development Sdn Bhd (HDSB) has inked a memorandum of understanding (MoU) with O&C Construction Sdn Bhd (OCCSB), to jointly complete the development of the Princess Heights project in Menggatal, Kota Kinabalu with a gross development value (GDV) of RM1 billion.

Sapura Energy turns the corner after tough times

By Yong Soo Heong

KUALA LUMPUR, March 25 (Bernama) -- Amidst the edgy scenario of the global oil and gas industry in the last 12 months, Sapura Energy Bhd confounded its detractors to post a net-tax profit of RM208 million for the year ended Jan 31, 2019.

Hong Kong implements cavern service reservoirs to free up land

KUALA LUMPUR, March 25 (Bernama) -- The Water Supplies Department (WSD) of the Government of the Hong Kong Special Administrative Region is considering to relocate the Diamond Hill Fresh Water and Salt Water Service Reservoirs (DHSRs) to caverns.

Ministry to continue discussion with Sarawak government on forest clearing issue

By Nurul Hanis Izmir

KUALA LUMPUR, March 25 (Bernama) – The Ministry of Primary Industries will continue its discussion with the Sarawak government on the issue pertaining to the development of an oil palm plantation in the vicinity of Sarawak’s Mulu rainforest.

RAM expects local banks to be resilient against headwinds in 2019

KUALA LUMPUR, March 25 (Bernama) -- RAM Ratings Services Bhd has maintained a stable outlook for the local banking sector this year, reflecting the industry’s sturdy fundamentals.