11m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia should spearhead sustainable or green shipping initiatives within ASEAN, such as expanding access to regional financing schemes and promoting cooperation in carving out low-carbon shipping routes.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher, driven by safe-haven demand amid concerns surrounding the Russia-Ukraine peace talks.
11m ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit slipped against the United States (US) dollar as investors flock to safe-haven assets with all eyes on the meeting between top diplomats from the US and Russia in Saudi Arabia to discuss the possibility of ending the war in Ukraine.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- BYD Energy Storage and Saudi Electricity Company (SEC) recently signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5 gigawatt hours (GWh) at the time.
11m ago
GEORGE TOWN, Feb 18 (Bernama) -- Taiwan’s ASE Technology Holding Co Ltd has officially opened its fifth plant in Penang for chip packaging and testing.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Allegations that the Employees Provident Fund (EPF) suffered losses from the sale of Malaysia Airports Holdings Bhd (MAHB) shares are unfounded, according to the Ministry of Finance (MoF).
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Hartalega Holdings Bhd has recorded a lower net profit of RM19.51 million for the third quarter ended Dec 31, 2024, compared with a net profit of RM22.38 million posted in the same period a year ago.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Malaysia should implement a comprehensive strategy to attract semiconductor and high-tech industries to the country, according to RHB Investment Bank Bhd (RHB IB).