Milbros UV Graphs Revolutionises Tank Cleaning Practices Across Global Fleets

KUALA LUMPUR, Nov 7 (Bernama) -- Milbros, a Veson Nautical solution and the industry’s most reliable and extensive database of liquid bulk products, has launched Milbros UV Graphs, a product aimed at revolutionising traditional tank cleaning practices across fleets worldwide.

IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln

KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.

Wise Platform Partners Standard Chartered To Redefine International Payments Experience

KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

Yinson Production's FPSO Vessel Maria Quiteria Achieves First Oil

KUALA LUMPUR, Oct 21 (Bernama) -- Yinson Production's floating production, storage and offloading (FPSO) vessel Maria Quiteria has achieved first oil on Oct 15, 2024, followed by a successful 72-hour test.

RON 95 Subsidy Rationalisation To Drive Malaysia's Fiscal Consolidation, Upside Risk Remains - Stanchart

KUALA LUMPUR, Oct 19 (Bernama) --  The government’s RON 95 subsidiy rationalisation plan will drive Malaysia’s fiscal consolidation, however, the subsidy cost will face some upside risks if oil prices rise, according to Standard Chartered (Stanchart).

SST Expansion To Offset Fall In Oil-Related Revenue, Creates Robust Tax System

KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.

Perdana Petroleum Clinches RM19.1 Mln Work Order

KUALA LUMPUR, Oct 8 (Bernama) -- Perdana Petroleum Bhd (PPB), through wholly-owned subsidiary Perdana Nautika Sdn Bhd (PNSB), has accepted a work order award from DESB Marine Services Sdn Bhd valued at RM19.1 million to charter two units of accommodation workboat.

Petronas Job Set To Add Up To RM120 Mln To MISC's Core Net Profit - CIMB Securities

KUALA LUMPUR, Oct 2 (Bernama) -- CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million - RM120 million to its core net profit from the financial year 2027 (FY2027).

Yinson's 2Q FY2025 Net Profit Falls To RM203 Mln

KUALA LUMPUR, Sept 30 (Bernama) -- Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year.

Bernama's Chairman Appointed To Two CMI Positions 

KUALA LUMPUR, Sept 27 (Bernama) -- Datuk Seri Wong Chun Wai, chairman of the Malaysian National News Agency (BERNAMA) and advisor of Star Media Group, has been named as a Chartered Management Institute (CMI) regional board member for Malaysia.

Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model

KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.

Company Secretaries Should Act Without Fear Or Favour -- MAICSA President

By Christine Lim

KUALA LUMPUR, Sept 15 (Bernama) -- The role of company secretaries in Malaysia has transformed dramatically over the years.