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Malaysia Spends RM150 Mln On Vietnamese Rubber To Meet Rising Industry Demand

By Vijian Paramasivam

PHNOM PENH, Nov 19 (Bernama) -- Malaysia procured 24,800 tonnes of Vietnamese rubber worth US$35.2 million (RM150 million) from January to October 2024 to meet the rising needs of the country’s diversifying rubber industry. 

Pantheon Introduces Two Funds To Broaden Private Wealth Offerings

KUALA LUMPUR, Nov 19 (Bernama) -- Pantheon, a global private markets investor, has launched two funds to expand its private wealth offerings across asset classes in key growth markets globally.

Air Selangor Plans Strategic Measures To Support Data Centre Industry's Growth

KUALA LUMPUR, Nov 19 (Bernama) -- Pengurusan Air Selangor Sdn Bhd (Air Selangor) has outlined strategic measures to ensure that its capacity will meet the additional demand in line with the data centre industry’s rapid growth.

IOI Properties Partners Maybank To Offer Green Financing For Home Seekers

KUALA LUMPUR, Nov 19 (Bernama) -- IOI Properties Group Bhd (IOIPG) is partnering with Maybank to offer home seekers up to 95 per cent + 5 per cent green financing for selected residential green homes.

COP29: TNB Committed To Driving Malaysia's Energy Transition Goals

From Samantha Tan Chiew Tieng

BAKU (Azerbaijan), Nov 19 (Bernama) -- Tenaga Nasional Bhd (TNB) is committed to supporting Malaysia’s energy transition goals under the National Energy Transition Roadmap (NETR), which aims to achieve net-zero carbon emissions by 2050.

New Keyto MY Plant To Advance Malaysia’s High-tech Industry - MIDA

KUALA LUMPUR, Nov 19 (Bernama) -- Keyto MY Sdn Bhd's new fluid manufacturing facility in Batu Kawan, Penang, is set to enhance Malaysia's industrial capabilities and diversify its high-tech manufacturing sector.  

MIZU Paint Eyes To Be Leader In Sustainable Construction Materials

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 19 (Bernama) -- MIZU Paint aims to be a leader in sustainable construction materials that embeds its technology into any sector needed for climate change mitigation strategy.

 

CPO Futures Close Lower Amid Weaker Demand Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday following a recent price rally due to concerns about weak demand in the coming weeks, a dealer said.

Gold Futures End Higher Amid Geopolitical Tensions

KUALA LUMPUR, Nov 18 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, driven by increasing geopolitical tensions in the Middle East that increased investor demand.

UEM Sunrise Gets Nod For Mixed-used Residential Project In Perth

KUALA LUMPUR, Nov 18 (Bernama) -- UEM Sunrise Bhd has secured development approval from Development WA, the Western Australian state government’s central land and development agency, for its Subiaco East mixed-use residential project in Perth.

Ringgit Slips Against US Dollar At The Close

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.