Petronas Dagangan Appoints Sazali Hamzah As Chairman

KUALA LUMPUR, May 8 (Bernama) -- Petronas Dagangan Bhd (PDB) has appointed Datuk Sazali Hamzah as chairman, effective today.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst. 

KJTS’ Lestari Cooling Energy Activates Platform, Invests RM23 Mln Across Eight KIPMall Sites

KUALA LUMPUR, May 8 (Bernama) -- KJTS Group Bhd’s joint venture, Lestari Cooling Energy Sdn Bhd, has activated its operating platform with its first investment in operating assets owned by KIP Real Estate Investment Trust (KIP REIT).

Wolters Kluwer Enables Segway-Ninebot Financial Transformation  

KUALA LUMPUR, May 8 (Bernama) -- Wolters Kluwer, a global leader in professional information, software solutions and services, announced the successful completion and full go‑live of a two-phase platform for Segway-Ninebot, a global leader in electric personal mobility.

Digital Twin, Smart Manufacturing Key To Strengthening Malaysia’s Industrial Ecosystem

KUALA LUMPUR, May 8 (Bernama) -- Digital twin technology and smart manufacturing are becoming increasingly important in strengthening Malaysia’s industrial ecosystem, according to the Malaysian Investment Development Authority (MIDA).

MIDA Pushes Deeper Local Participation In Semiconductor Value Chains

KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Bursa Malaysia Closes Slightly Higher After BNM's OPR Hold

By Abdul Hamid A Rahman

KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia closed marginally higher today, supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 2.75 per cent.

Coronation Square To Generate RM9 Bln Economic Spin-offs, 60,000 Jobs -- Onn Hafiz

JOHOR BAHRU, May 7 (Bernama) -- The Coronation Square integrated development is set to become a primary catalyst for Johor’s structural economic transformation, projected to generate over RM9 billion in economic spin-offs throughout its lifespan.

Media Professionals Should Nurture Market-savvy, Entrepreneurial Skills -- Ashwad Ismail

KUALA LUMPUR, May 7 (Bernama) -- Media practitioners should equip themselves with entrepreneurial skills and a strong understanding of market dynamics, as Malaysia moves towards building a more robust entrepreneurial ecosystem, said Radio Televisyen Malaysia director-general of broadcasting Ashwad Ismail.

Bursa Malaysia Closes Higher On Easing Geopolitical Tensions

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an analyst.

Domestic Demand Cushions Malaysia's Economy Amid Global Conflict, Says Economist

KUALA LUMPUR, May 6 (Bernama) -- Domestic demand remains a key buffer for Malaysia's economy amid the ongoing conflict in West Asia, said Affin Group chief economist Alan Tan. 

RT Pastry-KAF Investment Bank Ink Underwriting Agreement For ACE Market IPO

KUALA LUMPUR, May 6 (Bernama) -- RT Pastry Holdings Bhd (RT Pastry) has signed an underwriting agreement with KAF Investment Bank Bhd for its initial public offering (IPO) and subsequent listing on Bursa Malaysia’s ACE Market.