RHB IB Maintains 'neutral' Recommendation On The Automotive Sector

KUALA LUMPUR 18 April (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a 'neutral' recommendation for the automotive and automotive components sector.

Seveno Capital Commits US$70 Mln To Advance Human Health Span Initiatives

KUALA LUMPUR, April 16 (Bernama) -- Venture capital fund, Seveno Capital has officially launched by making an inaugural investment in its mission to back early- and growth-stage ventures that have the holistic potential to extend the human health span.

NIQ Launches AI-Powered Platform To Revolutionise Global Distribution Insights

KUALA LUMPUR, April 7 (Bernama) -- NielsenIQ (NIQ) has announced the global launch of gfknewron Supply Chain, an artificial intelligence (AI)-enabled platform providing distributor sales data to assist Tech & Durables clients in managing their distribution and channel business.

Reciprocal Tariff Impact On Malaysia's Construction Sector Is Minimal -- MIDF

KUALA LUMPUR, April 7 (Bernama) --  The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.

OM Holding Units Secure US$304 Mln In Refinancing Through Syndicated Loan, Additional Facilities 

KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.

PAC To Hold Five More Closed-door Proceedings On Insurance Hikes, Hospital Fees

By Zufazlin Baharuddin

KUALA LUMPUR, April 4 (Bernama) -- The Public Accounts Committee (PAC) will conduct five more closed proceedings this month regarding the increase in health insurance premiums, private hospital charges, and the impact on public health before preparing a comprehensive report for presentation during the parliamentary session in June.

Ringgit Stable Against US Dollar, Ends Marginally Higher At 4.44

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 3 (Bernama) -- The ringgit, which faced pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs, closed relatively stable today, said an analyst. 

Uni-Fuels Expands With UAE Subsidiary, Dubai Office To Boost Marine Fuel Solutions

KUALA LUMPUR, April 3 (Bernama) -- Uni-Fuels Holdings Limited, a global provider of marine fuel solutions headquartered in Singapore, has announced the establishment of a wholly-owned subsidiary in the United Arab Emirates and the opening of a new office in Dubai.

Malaysian Glovemakers Among Top Gainers Following Trump's Tariff Announcement

KUALA LUMPUR, April 3 (Bernama) -- Malaysian glove makers are among the top gainers today as the American tariff differential widens between Malaysia and China exports to the United States (US), which stands at 24 per cent and at least 54 per cent, respectively. 

SBC Medical Faces Q4 Challenges But Achieves Full-Year Growth

KUALA LUMPUR, April 2 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical), a global owner, operator and provider of management services and products to cosmetic treatment centres, reported a mixed performance with a decline in quarterly figures but a notable increase in annual revenues.

Targeted RON95 Subsidy Mechanism Still Being Fine-tuned -- Amir Hamzah

KUALA LUMPUR, March 27 (Bernama) -- The mechanism for the targeted RON95 subsidy is still being fine-tuned and will involve a two-tier pricing system as well as potentially involve using MyKad, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

Duck Creek Technologies Partners RAA To Modernise Insurance Delivery

KUALA LUMPUR, March 26 (Bernama) -- Duck Creek Technologies has announced a new software as a service (SaaS) core insurance delivery technology partnership with RAA, South Australia’s largest personal lines insurer.