Windfall tax on palm oil should be suspended indefinitely - MPOA [ 15m ago ]

BUSINESS News List

Cradle Fund to offer new range of grants

KUALA LUMPUR, Nov 21 -- Early-stage start-up influencer, Cradle Fund Sdn Bhd, is set to focus on a new range of grant offerings, develop a supportive ecosystem for the hard tech space and extend outreach activities with the RM20 million allocated for it under the 2020 Budget.

Cooperation among govts on biodiesel mandates can sustain CPO price rise - Expert

KUALA LUMPUR, Nov 21 -- Crude palm oil (CPO) prices would be able to sustain its current upward momentum if governments, particularly those from the Council of Palm Oil Producing Countries (CPOPC), could coordinate allocation increases under the biodiesel mandates, says palm oil expert Dr James Fry.

PETRONAS ramps up efforts to strengthen footprint in India

KUALA LUMPUR, Nov 21 -- Malaysia’s national oil company PETRONAS is accelerating efforts to strengthen its business footprint in India by providing more innovative, tailor-made solutions that add value to the country’s energy aspirations.

Tune Protect Q3 net profit increases to RM10.99 million

KUALA LUMPUR, Nov 21 -- Tune Protect Group Bhd's net profit  for the third quarter (Q3) ended Sept 30, 2019 rose to RM10.99 million from RM9.13 million in the same quarter a year earlier.

NI invests RM170 mln in multifunctional facility expansion

GEORGE TOWN, Nov 21 -- National Instruments (NI), the provider of a software-defined platform that helps accelerate the development and performance of automated test and automated measurement system has set aside RM170 million (US$40 million) for its multifunctional facility expansion.

Malaysia among top 10 export markets to China during 11.11 Shopping Festival

KUALA LUMPUR, Nov 21 -- Malaysia is among the top 10 export markets to China by growth in gross merchandise value (GMV) during this year’s 11.11 Global Shopping Festival, with a 122 per cent year-on-year GMV growth.

Hibiscus Petroleum to undertake fundraising, reports sharp drop in Q1 earnings

KUALA LUMPUR, Nov 21 -- Hibiscus Petroleum Bhd is expected to undertake fundraising activities over the next six months as it gears up to acquire more producing assets, especially in Southeast Asia.