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Multiply Group Makes Bold Leap Into Europe With 1.3 Bln Euros Acquisition Of Spain’s Tendam

KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)

Bursa Carbon Exchange, UEM Lestra Ink MoC To Pilot First CRESS Auction

KUALA LUMPUR, July 22 (Bernama) -- Bursa Carbon Exchange (BCX), a wholly owned unit of Bursa Malaysia Bhd, has signed a memorandum of collaboration (MoC) with UEM Lestra Bhd, a wholly owned unit of UEM Group Bhd, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).

SIRIM Launches New RF EMC Lab In Penang

GEORGE TOWN, July 17 (Bernama) – SIRIM QAS International Sdn Bhd, a subsidiary of SIRIM Bhd, today powered up Malaysia’s high-tech ambitions with the launch of its new Radio Frequency (RF) and Electromagnetic Compatibility (EMC) Testing Laboratory at the Penang Skills Development Centre (PSDC) in Bayan Lepas here.

MDX Summit 2025 To Focus On Nextgen Technologies

KUALA LUMPUR, July 15 (Bernama) -- The Malaysia Digital Xceleration (MDX) Summit 2025 will focus on next-generation technologies, discussing five key points in panel sessions throughout the three-day event.

Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates

KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.

Anwar’s Visits To Italy, France, Brazil To Strengthen Investment, Trade Prospects

By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah 

KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.

Malaysia Wants Airbus, Embraer To Consider Malaysia As MRO, Supply Chain hub

KUALA LUMPUR, July 8 (Bernama) -- Malaysia wants aircraft supplier companies such as Airbus and Embraer to make the country a hub for maintenance, repair and overhaul (MRO), training and supply chain activities, if the agreements to purchase dozens of aircraft by AirAsia and Malaysia Airlines are realised.

PM Anwar Meets Brazil’s Embraer, Reinforces Commitment To Boosting Aviation Sector

From Arul Rajoo Duran Raj

RIO DE JANEIRO, July 6 (Bernama) --  The government is committed to strengthening Malaysia’s aviation industry ecosystem and is ready to assist investors towards that.

MSM Announces Group CEO Resignation, Appoints Acting Group CEO

KUALA LUMPUR, July 2 (Bernama) -- Sugar producer MSM Malaysia Holdings Bhd has announced the resignation of group chief executive officer (CEO) Syed Feizal Syed Mohammad effective tomorrow.

PM Anwar Meets Italian Industrial Giants On Rome Visit

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met top executives from three leading Italian companies on the second day of his working visit to Italy, stressing that Malaysia remains a stable, progressive and trusted investment destination.

PM Anwar Meets Italian Industrial Giants On Rome Visit

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met top executives from three leading Italian companies on the second day of his working visit to Italy.

Australia Deepens Economic Links with Malaysia, Singapore via Trade Mission

KUALA LUMPUR, June 27 (Bernama) -- Australia is intensifying efforts to strengthen its economic engagement with Southeast Asia through a high-level trade and investment mission currently visiting Malaysia and Singapore.