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IGEM 2025 Expected To Generate RM5.5 Bln In Business Leads

KUALA LUMPUR, March 27 (Bernama) -- The International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2025 that is set to take place on Oct 15-17 is expected to generate RM5.5 billion in business leads based on the industry’s compounded annual growth rate. 

Bursa Malaysia Extends Winning Streak, Leads Asia In Market Performance

By Abdul Hamid A Rahman

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia extended its winning streak for a third consecutive day today, buoyed by renewed investor confidence and strategic repositioning, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.

AlbaCore Launches US$1.8 Bln Senior Direct Lending Strategy With ADIA, Trust Bank Backing

KUALA LUMPUR, March 27 (Bernama) -- European credit specialist AlbaCore Capital Group (AlbaCore) has launched its new Senior Direct Lending Strategy (the Strategy), having secured anchor investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank).

LSH Capital Secures 20-year Lease To Manage KL Tower

KUALA LUMPUR, March 26 (Bernama) -- Lim Seong Hai Capital Bhd (LSH Capital) has signed a 20-year lease agreement with the Federal Lands Commissioner to modernise and manage one of Malaysia’s most iconic landmarks, the Kuala Lumpur Tower (KL Tower), and its surrounding areas.

MAHB Engaging With Australian Airlines To Establish Direct Flights To Malaysia

PERTH, March 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is actively engaging with three Australian airlines, namely Qantas, Jetstar and Virgin Australia, to establish direct flights to Malaysia. 

Ringgit Gains At Open, Boosting Appeal Among Emerging Currencies

KUALA LUMPUR, March 26 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning as investors viewed Malaysia’s political and policy stability favourably among emerging markets, boosting the currency’s appeal amid mixed global sentiment.  

IILM Secures US$500 Mln Asset To Meet Growing Sukuk Demand

KUALA LUMPUR, March 25 (Bernama) — The International Islamic Liquidity Management Corporation (IILM) has secured a new high-quality asset worth US$500 million (US$1=RM4.435) as it expands its asset pool to meet the growing demand for its short-term Islamic papers.

Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.

Cyberview Strengthens Position In CCC With Full Ownership Of CSB Development

KUALA LUMPUR, March 21 (Bernama) -- Cyberview Sdn Bhd has strengthened its position in the Cyberjaya City Centre development (CCC) by assuming a 100 per cent stake in CSB Development Sdn Bhd (CSBD), following the acquisition of shares from MRCB Land.

IRB Allows DRB-HICOM’s Appeal Against Additional Tax From Unit's Sale

KUALA LUMPUR, March 21 (Bernama) -- The Inland Revenue Board of Malaysia (IRB) has allowed DRB-HICOM Bhd‘s appeal against the notice of additional assessment that the gain from the disposal of a subsidiary is not subject to tax under Section 4(a) of the Income Tax Act 1967.

Labuan Waterfront Development To Spur Economic Growth

By Jailani Hasan

LABUAN, March 21 (Bernama) -- The proposed Labuan’s Phase 1 Waterfront development is set to drive economic growth and provide significant spillover benefits to the island, according to Universiti Malaysia Sabah (UMS) Assoc Prof Dr Romzi Ationg.

HLIB Optimistic SMRT's Path To Profitability, Main Market Transfer

KUALA LUMPUR, March 14 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is confident SMRT Holdings Bhd is on track to fully eliminate accumulated losses and shift to retained earnings, positioning it for a transfer to the Main Market with stronger earnings expected in financial year 2025 (FY2025).