Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

Oil Palm Plantation Firms Urged To Draw Up Replanting Plan To Sustain Productivity

KUALA LUMPUR, 12 Mac (Bernama) -- The Ministry of Plantation and Commodities (KPK) is urging oil palm plantation owners and companies to plan for replanting in order to sustain productivity with mature trees that provide optimal fresh fruit bunches (FFB) yields.

Observo AI, SiS Technologies Ink Deal To Meet Singapore's Data Pipeline Demands

KUALA LUMPUR, March 12 (Bernama) -- Observo AI, a leader in artificial intelligence (AI)-powered telemetry data pipelines, has entered a strategic distribution partnership with SiS Technologies, a premier value-added distributor in Singapore.

Scientex Posts Lower Net Profit Of RM123.95 Mln In 2Q

KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier. 

Gradiant Secures Semiconductor Water Treatment Project In Germany 

KUALA LUMPUR, March 12 (Bernama) -- Gradiant, an advanced water and wastewater treatment leader, has secured a major contract to design and build an ultrapure water (UPW) facility for one of the world’s largest semiconductor manufacturers in Dresden, Germany.

Salesforce Invests US$1 Bln In Singapore To Drive AI, Digital Transformation

KUALA LUMPUR, March 12 (Bernama) -- Salesforce, a global leader in artificial intelligence (AI)-powered customer relationship management (CRM), has announced a US$1 billion investment in Singapore over the next five years with the goal of accelerating digital transformation and Agentforce adoption. (US$1=RM4.40)

EPF Reforms Gain Industry Support, Ensure Business Sustainability And Talent Retention

KUALA LUMPUR, March 12 (Bernama) -- Industry leaders welcomed the passing of the Employees Provident Fund (EPF) (Amendment) Bill 2025, hailing it as a balanced approach that strengthens social security while ensuring business sustainability.

Xsolla Ecosystem To Streamline Vendor Selection For Game Developers

KUALA LUMPUR, March 12 (Bernama) -- Global video game commerce company, Xsolla has launched the Xsolla Ecosystem, a platform designed to build a connected network of trusted partners and vendors for game developers.

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).

Ringgit Ends Slightly Higher Against Greenback Amid Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- The ringgit ended slightly higher against the US dollar on Tuesday, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting scheduled for March 19, according to an analyst.

MEUFTA: EU, Malaysia To Restart Trade Talks Before Summer

By Rohani Mohd Ibrahim

KUALA LUMPUR, March 11 (Bernama) -- The European Union (EU) expects the first round of negotiations on resuming the Malaysia-European Union Free Trade Agreement (MEUFTA) to take place before the summer or second half of 2025, said European External Action Service managing director for Asia and the Pacific Niclas Kvarnström.