1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- French-based company, Pluxee has posted net profit of 133 million euros for the full year, up 64.2 per cent from 81 million euros in the same period of the prior year driven by outstanding performance in fiscal 2024 exceeding all business and financial objectives. (1 euro = RM4.76)
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- XPENG, a Chinese high-technology car company, has secured places on both the "Fortune Tech 50" and "Fortune China 500" lists, reaffirming its competitive advantage and status as a leader in technological innovation.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Malaysia and Ukraine marked a new chapter in bilateral trade relations with the inaugural Malaysia-Ukraine Joint Trade Committee (JTC) meeting today, with discussions centered on key sectors, including agriculture, aerospace, sustainable palm oil, medical devices and tourism.
1y ago
From Danni Haizal Danial Donald
BANDAR SERI BEGAWAN, Nov 1 (Bernama) -- Terengganu state-linked company Eastern Pacific Industrial Corporation Bhd (EPIC) has signed a letter of intent (LOI) with Brunei-based Qaswa Holdings Sdn Bhd (Qaswa) for a partnership in the Brunei Maritime Cluster, involving its integrated marine maintenance and decommissioning facility in particular.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- BMI, a Fitch Solutions company, has revised its forecast for Malaysia’s health expenditure growth to 8.7 per cent per year from 2023 to 2028, up from its previous forecast of 8.3 per cent.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.
1y ago
By Kisho Kumari Sucedaram & Mikhail Raj Abdullah
KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- Xsolla, a global video game commerce company, announced a collaboration with AurumDust, the developer of Ash of Gods: The Way, to support Games For Change.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- Cybersecurity company, watchTowr has announced a partnership with Orange Business, a global network and digital integrator, to bring the watchTowr Platform onboard as a key external attack surface management (EASM) solution for strategic customers across the Asia Pacific (APAC) region.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- CSOP Asset Management Limited (CSOP) announced it is part of the introduction of the Albilad CSOP MSCI Hong Kong China Equity exchange-traded fund (ETF) (symbol: 9410) on the Saudi Stock Exchange (Tadawul) on Oct 30.