JAKARTA, May 4 (Bernama) -- Indonesia plans to introduce export duties and a windfall tax on coal and nickel as part of efforts to offset rising subsidy costs in the national budget.
KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).
KUALA LUMPUR, May 4 (Bernama) -- Modon, an Abu Dhabi-headquartered international holding company, has announced the sell-out of Tara Park on Reem Island, with the project generating nearly two billion Emirati dirham in sales. (100 Emirati dirham = RM107.65)
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.
By Siti Noor Afera Abu
KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said.
KUALA LUMPUR, May 4 (Bernama) -- OTC Markets Group, an operator of regulated markets for more than 12,000 United States (US) and international securities, has appointed JP Chan as Senior Vice President and Regional Head for Asia-Pacific (APAC) as it expands its presence in the region.
By Jailani Hasan
LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.
KUALA LUMPUR, April 4 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) launched the ASB SMART Education plan today, becoming the first financial institution among Amanah Saham Nasional Bhd (ASNB) agents to offer an Amanah Saham Bumiputera (ASB) financing solution specifically tailored towards education.
KUALA LUMPUR, May 4 (Bernama) -- Malaysia must expand green finance, strengthen local tech capacity, as well as broaden participation across sectors and regions to fully leverage the global shift towards sustainability and turn climate risk into a competitive edge in green value chains.
KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia stayed higher at midday on continued buying activities in selected financial services and plantation counters.
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).
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).
