27d ago
KOTA KINABALU, Nov 29 (Bernama) -- Sabah is poised to secure a bigger share in oil and gas resources following state-owned SMJ Energy's (SMJE) acquisition of a 20 per cent non-operating participating interest in the North Sabah enhanced oil recovery production sharing contract (EOR PSC).
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 18 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday, tracking stronger soybean oil performance on the Chicago Board of Trade (CBOT), said a trader.
1m ago
KUALA TERENGGANU, Nov 12 (Bernama) -- Terengganu’s gross domestic product (GDP) is projected to rise to RM48.2 billion by 2040, up from RM34 billion in 2020, resulting from the implementation of the East Coast Rail Link (ECRL) project.
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KUCHING, Nov 11 (Bernama) -- Bintulu Port has consistently handled over 80 per cent of Sarawak’s total imports and exports, said Bintulu Port Holdings Bhd president and group chief executive officer Datuk Ruslan Abdul Ghani.
1m ago
From Amanina Mohamad Yusof
SHANGHAI, Nov 7 (Bernama) -- As Malaysia seeks a stronger role in global halal logistics, major port operator Westports Holdings Bhd is positioning itself to capitalise on China’s rapidly growing halal food and beverage market, projected to reach US$217.10 billion by 2034.(US$1 = RM4.18).
1m ago
KUALA LUMPUR, Nov 5 (Bernama) -- The Annual Investment Meeting (AIM) Congress, the world’s leading platform for investment and economic cooperation, will hold its first international chapter in Shanghai, China, marking a major milestone in its global expansion.
1m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 31 (Bernama) -- Ascend Airways Malaysia has received its air operator certificate (AOC) and air service permit (ASP) from the Civil Aviation Authority of Malaysia (CAAM) on Thursday, marking a crucial step forward to commencing commercial operations in Malaysia.
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KUALA LUMPUR, Oct 29 (Bernama) -- Asia-Pacific airlines recorded a 6.8 per cent year-on-year (y-o-y) growth in air cargo demand in September, while cargo capacity rose 4.8 per cent y-o-y during the same period, said the International Air Transport Association (IATA).
1m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over weak demand and rising output of the commodity in the coming weeks.
1m ago
KUALA LUMPUR, Oct 28 (Bernama) -- RHB Investment Bank Bhd (RHB IB) remains upbeat about the progress of the East Coast Rail Link (ECRL) project, maintaining its ‘Overweight’ call on the construction sector, with Gamuda Bhd, Sunway Construction Group Bhd and Binastra Bhd as its top picks.
2m ago
SANDAKAN, Oct 23 (Bernama) -- MJets Air Sdn Bhd, a subsidiary of MMAG Aviation Consortium Sdn Bhd, the aviation arm of MMAG Holdings Bhd (MMAG), has launched its first direct freighter service today between Kuala Lumpur and Sandakan, marking a key milestone in Malaysia's air cargo connectivity.
2m ago
KUALA LUMPUR, Oct 23 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Micronesia’s Marble Reinsurance Corporation (Marble Re), maintaining a stable outlook.