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Deleum Acquires 70 Pct Stake In Indonesia’s PT OSA For RM31.3 Mln

KUALA LUMPUR, Dec 5 (Bernama) -- Deleum Bhd’s (Deleum) wholly-owned subsidiary, Deleum Services Sdn Bhd, today has signed a share purchase agreement to acquire a 70 per cent stake in PT OSA Industries Indonesia Pte Ltd (PT OSA) for US$7 million (RM31.3 million).

AWS re:Invent 2024: Grab Partners AWS To Drive Growth And Efficiency Across ASEAN

From Anas Abu Hassan

LAS VEGAS, Dec 4 (Bernama) -- Amazon Web Services Inc (AWS) announced on Wednesday that Southeast Asian super app Grab Holdings Inc has chosen AWS as its preferred cloud provider to enhance operational efficiency across eight ASEAN countries.

Kota Kinabalu And Langkawi Achieve Airport Carbon Accreditation

KUALA LUMPUR, Dec 5 (Bernama) -- Kota Kinabalu International Airport (KKIA) and Langkawi International Airport (LIA) have achieved Airport Carbon Accreditation (ACA) Level 1 Mapping by the Airports Council International (ACI), recognising their commitment to carbon management and environmental sustainability.

Bursa Malaysia Extends Positive Momentum In Early Session

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia extended its positive momentum in the early session on Thursday, tracking the upbeat performance on Wall Street overnight amid improving consumer confidence.

Ringgit Strengthens Against US Dollar In Early Trade

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday on the back of improved buying sentiment towards the domestic currency, said an analyst. 

CPO Futures End Lower In Anticipation Of Sluggish Export Demand

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed yesterday’s gains to end lower today in anticipation of sluggish export demand. 

Malaysia Has Potential To Become Regional Hub For EV Production - Fadillah

KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia has the potential to become a regional hub for electric vehicle (EV) production and innovation, said Deputy Prime Minister Datuk Seri Fadillah Yusof. 

Kuala Lumpur International Airport Tops Global Airport Rankings For Service Quality

KUALA LUMPUR, Dec 4 (Bernama) -- Kuala Lumpur International Airport (KUL) has been ranked first among 355 airports in the Airport Service Quality (ASQ) Global Performance rankings.

Asia Digital Engineering Eyes U.S. Market With FAA Approval In Sight - CEO Mahesh

SEPANG, Dec 4 (Bernama) – Capital A's maintenance, repair and overhaul (MRO) arm, Asia Digital Engineering (ADE), aims to expand its international footprint with plans to service American airlines in the near future, pending Federal Aviation Administration (FAA) approval.

Malaysia Boosts Halal Trade Relations With Indonesia Amid Two-way Trade Growth

JAKARTA, Dec 3 (Bernama) -- The Malaysian embassy together with the main agencies are working to strengthen the export of halal products to Indonesia, with bilateral trade between the two countries expected to reach US$25 billion (RM111.25 billion) to US$26 billion (RM115.7 billion) this year.

MIDF Optimistic On Malaysia's Trade Outlook Due To Export Demand

KUALA LUMPUR, Dec 3 (Bernama) -- MIDF Amanah Investment Bank Bhd remains optimistic about Malaysia’s trade outlook and the manufacturing sector’s growth prospects, given the improved export demand. 

Haier Malaysia Targets 30 Pct Revenue Growth, 17.4 Pct Market Share By 2027

SUBANG JAYA, Dec 3 (Bernama) -- Haier Malaysia aims for 30 per cent revenue growth over the next five years.