Malaysia Eyes RM3 Mln In Sales From 3-Day Rasa Malaysia Festival In Beijing 

From Kisho Kumari Sucedaram

BEIJING, May 18 (Bernama) -- The ongoing Rasa Malaysia Festival in Beijing is expected to generate between three and five million yuan (approximately RM3 million) in revenue, with more than 50 Malaysian companies showcasing local delicacies, tropical fruits, and cultural crafts.

AIROD, Satys Ink Joint Venture Agreement To Enhance Malaysia’s Aircraft MRO Sector

KUALA LUMPUR, May 9 (Bernama) -- Aerospace engineering company AIROD Sdn Bhd has signed a joint venture agreement with Satys Aircraft Painting to boost the capabilities of Malaysia’s aircraft maintenance, repair, and overhaul (MRO) sector, particularly in exterior finishing and aircraft painting.

Hibiscus Petroleum Signs RM439 Mln Islamic Financing Deal With Brunei Banks

KUALA LUMPUR, April 17 (Bernama) -- Hibiscus Petroleum Bhd, through its wholly owned subsidiary Simpor Hibiscus Sdn Bhd, has signed a long-term US$100 million (RM439 million) Islamic syndicated financing agreement with Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.

Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

Velesto Proposes RM1.2 Bln capital Reduction To Strengthen Finances

KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.

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.

SSM, MOF, DOSM And CIDB Ink MoU To Strengthen Accuracy In Business Code Usage

KUALA LUMPUR, Feb 24 (Bernama) -- The Companies Commission of Malaysia (SSM) today inked a memorandum of understanding (MoU) with the Ministry of Finance (MOF), Department of Statistics Malaysia (DOSM) and the Construction Industry Development Board (CIDB) to strengthen the accuracy in the usage of business codes via the SSM BizCodEX portal.

Steady Growth In The Property Sector This Year - Rahim & Co

KUALA LUMPUR, Jan 16 (Bernama) -- The local property market is poised for steady growth in 2025, driven by sustained momentum in owner-occupier residential developments and the rise of emerging industries such as data centres and renewable energy.

Salaam Market Aims To Onboard 10,000 MSMEs By 2025

GEORGE TOWN, Dec 20 (Bernama) -- Salaam Market, Malaysia’s first wholesale halal marketplace, aims to onboard 10,000 micro, small and medium enterprises (MSMEs) by 2025. 

Bilateral Trade Between Malaysia, South Korea Hits RM100.6 Bln As Of November -- Tengku Zafrul

SHAH ALAM, Dec 19 (Bernama) -- Bilateral trade between Malaysia and South Korea until November has hit RM100.6 billion, mainly in the electrical and electronics (E&E) sector, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Eraman Aims For Local Brands To Occupy 10 Pct Of Its Total Airport Duty-free Space

SEPANG, Nov 25 (Bernama) -- Eraman, Malaysia Airports (Niaga) Sdn Bhd’s duty-free and retail brand, aims to have local brands occupy 10 per cent of its total retail and food and beverages space from the current six per cent at all airports where it operates.

Youth Economic Forum Serves As A Platform For Youths In Nation-Building

KUALA LUMPUR, Oct 26 (Bernama) -- The Youth Economic Forum (YEF) 2024, which gathered over 1,200 delegates today, has provided a platform for young professionals, universities and college students to engage in discussions about Malaysia's evolving economic landscape, focusing on digital and green economy, as well as talent development.