1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The review of the Johor-Singapore Special Economic Zone (JS-SEZ) draft agreement between the Malaysian and Singaporean governments is in the final stage and is expected to be finalised by December, said the Ministry of Economy.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd posted a higher net profit of RM2.03 billion in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM1.85 billion in the same period last year.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The Malaysian Institute of Economic Research (MIER) has indicated that the business outlook for the fourth quarter of 2024 (4Q 2024) remained positive, with the Business Confidence Index (BCI) reaching nearly 105 points.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Public Investment Bank Bhd (PIVB) sees Telekom Malaysia Bhd (TM) as among beneficiaries of the booming information technology (IT) market as major cloud and internet companies would also demand greater terrestrial connectivity as well as global subsea cable networks.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Financial provider MBSB Bhd has emerged as one of the top active counters on Bursa Malaysia after a strong nine-month financial year 2024 (9M FY2024) net profit, thanks to robust non-interest income (NOII).
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The renewable energy industry will be one of the main focuses in the Johor-Singapore Special Economic Zone (JS-SEZ) development which is expected to significantly benefit both countries.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The investment potential generated from Prime Minister Datuk Seri Anwar Ibrahim's official visit to South Korea is related to the electric vehicle sector, metals for electric vehicle applications, bio-pharmaceuticals, green technology, and the carbon capture and storage sector, said the Ministry of Investment, Trade, and Industry (MITI) today.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a higher net profit of RM122.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM32.84 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Sunway Bhd’s net profit doubled to RM376.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), from RM180.30 million in the same quarter last year mainly due to stronger operating performance across most business segments.
1y ago
From Mohd Shukri Ishak
SEOUL, Nov 26 (Bernama) -- The government has never neglected investments in Kedah, it has even suggested to Hyundai Motor and supported its investment in Kulim, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
From Mohd Shukri Ishak
SEOUL, Nov 26 (Bernama) -- Prime Minister Menteri Datuk Seri Anwar Ibrahim’s three-day working visit to South Korea, which ends today, has generated potential investments worth RM32.8 billion for Malaysia.