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IHH Strengthens India Presence Through Fortis-Gleneagles Collaboration

KUALA LUMPUR, July 23 (Bernama) -- IHH Healthcare Bhd (IHH) has announced a strategic collaboration between its two Indian subsidiaries, Fortis Healthcare Ltd and Gleneagles Healthcare India Pvt Ltd, aimed at strengthening operational and financial synergies in the country.

Uni-Fuels Raises US$3 Mln In Oversubscribed Digital CP Debut Via ADDX

KUALA LUMPUR, July 22 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a marine fuel solutions provider, announced its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has successfully completed its first commercial paper (CP) issuance, raising US$3 million via the digital private market platform ADDX. (US$1=RM4.22)

AM Best Affirms Superior Ratings Of South Korea's DB Insurance 

KUALA LUMPUR, July 22 (Bernama) -- AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea-based DB Insurance Co Ltd (DBI), with a stable outlook.

Sabah Blue Economy On Track To Yield RM3.25 Bln Annually From Marine Harvests

KOTA KINABALU, July 20 (Bernama) -- The Sabah Blue Economy is estimated to yield 491,000 tonnes of marine harvests such as fish and prawns annually, with a value of RM3.25 billion, said Chief Minister Datuk Seri Hajiji Noor.

Bursa Malaysia Higher At Midday, Buoyed By Buying Activities

KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia stayed higher at midday, driven by consistent buying activities in selected heavyweights, led by the construction, industrial products and services, and financial services counters.

Saliran Appoints CFO Yong Wai Kin As Executive Director

KUALA LUMPUR, July 17 (Bernama) -- Saliran Group Bhd has appointed its chief financial officer (CFO) Yong Wai Kin as executive director of the company effective today.

Sunway Unit Bags S$703.6 Mln Residential Development Job In Singapore

KUALA LUMPUR, July 17 (Bernama) -- The Urban Redevelopment Authority of Singapore has awarded a 1.58-hectare land parcel at Chuan Grove, Singapore, to Sing Holdings Residential Pte Ltd (SHRPL) and Sunway Developments Pte Ltd (SDPL), following a successful joint tender by both parties.

Nippon Kinzoku Boosts Sales Of Eco-friendly Stainless Steel Finish

KUALA LUMPUR, July 17 (Bernama) -- Tokyo-based Nippon Kinzoku Co Ltd has announced it will ramp up sales of its Long Die Life (L-DieL) finish stainless steel, a surface-treated material designed to reduce die wear during press operations.

SCCCI, Maybank Ink MoU To Drive Cross-Border Trade, Investment Opportunities In JS-SEZ

KUALA LUMPUR, July 17 (Bernama) -- The Singapore Chinese Chamber of Commerce and Industry (SCCCI) and Maybank Singapore Ltd have signed a memorandum of understanding (MoU) to strengthen cross-border business collaboration.

SMCCI, Maybank Ink MoU To Boost Halal Intiative, SMEs Growth In JS-SEZ

KUALA LUMPUR, July 11 (Bernama) -- The Singapore Malay Chamber of Commerce and Industry (SMCCI) has signed a memorandum of understanding (MOU) with Maybank Singapore Ltd to advance Halal-focused initiatives and support the growth of small and medium enterprises (SMEs) in both countries. 

EXIM Bank, Marrybrown Ink Financing Agreement For Expansion In Australia

KUALA LUMPUR, July 9 (Bernama) - Export-Import Bank of Malaysia Bhd (EXIM Bank) has formalised a financing agreement with Marrybrown Australia Pty Ltd to support the opening of 10 outlets across Victoria, Australia.

SMR 20 Ends Higher On Concerns Over Natural Rubber Supply

By K.Naveen Prabu

KUALA LUMPUR, July 8 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today over concerns about natural rubber (NR) supply and optimism over increased automobile demand, a dealer said.