| LATEST NEWS | The investment is similar to what other countries have undertaken to facilitate the restructuring of their critical industry players like Singapore's Sembcorp and South Korea's Daewoo Shipbuilding - PNB | The investment is critical in facilitating the completion of one of the largest debt restructuring exercises in Malaysia, involving some of the largest banks - PNB | The investment will help prevent the liquidation of SEB, which would result in the fire sale of strategic national oil and gas assets, domestically and globally - PNB | SEB has more than 2,000 vendors, many of which are SMEs employing about 59,000 core employees in the oil and gas industry - PNB | Investment by Malaysia Development Holdings Sdn Bhd in SEB will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors - PNB | |
KUALA LUMPUR, March 12 (Bernama) -- Gradiant, an advanced water and wastewater treatment leader, has secured a major contract to design and build an ultrapure water (UPW) facility for one of the world’s largest semiconductor manufacturers in Dresden, Germany.
KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 2.1 per cent year-on-year in January 2025, led by growth in manufacturing sector output, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s manufacturing sector sales value increased by 3.5 per cent in January 2025 (December 2024: 5.7 per cent) amounting to RM158.1 billion, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, March 12 (Bernama) -- Industry leaders welcomed the passing of the Employees Provident Fund (EPF) (Amendment) Bill 2025, hailing it as a balanced approach that strengthens social security while ensuring business sustainability.
KUALA LUMPUR, March 11 (Bernama) -- Swedish small and medium-sized enterprises (SMEs) are setting their sights on Southeast Asia as a key growth market, with a delegation of 24 companies embarking on a study tour to Thailand, Vietnam and Malaysia from March 10 to 14, led by Business Sweden.
KUALA LUMPUR, March 11 (Bernama) -- The Guangdong Delegation to the third session of the 14th National People's Congress held a plenary meeting on March 6, attracting 267 journalists from 107 domestic and international media outlets.
KUALA LUMPUR, March 11 (Bernama) -- Curia Global Inc (Curia), a contract research, development, and manufacturing organisation, has refinanced its senior secured credit facilities to strengthen its financial position and support future growth.
KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.
KUALA LUMPUR, March 10 (Bernama) -- Silicon Connect Sdn Bhd and United Kingdom (UK)-based Semiwise Ltd have signed a memorandum of understanding (MoU) which will see both companies sharing their expertise in electronics, semiconductors as well as technologies.
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia Bhd announced that intraday short selling (IDSS) for Yew Lee Pacific Group Bhd has been suspended for the rest of the day.
KUALA LUMPUR, March 9 (Bernama) -- Saudi Arabia’s Public Investment Fund (PIF) interest in AirAsia signals confidence in the low-cost carrier’s financial prospects, with aviation analysts predicting substantial growth should the investment proceed.
KUALA LUMPUR, March 7 (Bernama) -- U Mobile has signed a memorandum of understanding (MoU) with China Unicom Operations (Malaysia) Sdn Bhd (CUMY) to drive innovation in the internet of things (IoT), smart mobility, and sustainable technology, accelerating adoption among businesses and large enterprises in Malaysia.
