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KUALA LUMPUR, May 13 (Bernama) -- Technology financing solution company ICT Zone Asia Bhd aims to raise RM26.6 million through its initial public offering (IPO) in conjunction with its transfer from the LEAP Market to the ACE Market of Bursa Malaysia.
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KUCHING, May 6 (Bernama) -- The government’s decision to raise guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion is a timely move to strengthen business confidence and enhance liquidity among Malaysian small and medium enterprises (SMEs).
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KUALA LUMPUR, May 2 (Bernama) -- CIMB Investment Bank Bhd views the 90-day pause on reciprocal tariffs by the United States (US) as a watershed moment for Malaysia to recalibrate its growth strategy through stronger regional integration and domestic economic reforms.
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KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.
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KUALA LUMPUR, April 24 (Bernama) -- The timeline for completion of the Aerotrain project at KL International Airport (KLIA) is completely unrelated to the recent privatisation of Malaysia Airports Holdings Bhd (MAHB), said its chairman Dr Nungsari Ahmad Radhi.
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KUALA LUMPUR, April 23 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is undergoing a strategic transformation following its privatisation, with new shareholders focused on enhancing the passenger journey, remediating and revitalising infrastructure, and improving operational efficiency across the network.
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KUALA LUMPUR, April 18 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is positive on the outlook for MN Holdings Bhd (MNH), citing its strong exposure to high-growth sectors such as solar and data centres (DC).
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KUALA LUMPUR, April 16 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Keyfield International Bhd’s daily charter rate (DCR) in the local offshore support vessel (OSV) market to remain stable or slightly lower year-on-year, supported by tight supply and rising demand despite global macroeconomic challenges.
1y ago
KUALA LUMPUR, April 14 (Bernama) -- Former Prime Minister Tun Abdullah Ahmad Badawi’s leadership and foresight were instrumental in laying the foundation for Malaysia’s economic corridor initiatives, which have left a lasting impact on the country’s economic landscape, said the East Coast Economic Region Development Council (ECERDC).
1y ago
KUALA LUMPUR, April 11 (Bernama) -- SkyWorld Development Bhd’s wholly-owned subsidiary SkyWorld Development (Vietnam) Company Ltd has signed a memorandum of understanding (MoU) with entities from Vietnam in relation to the development of the Project Residential Complex No 13D (13D project).
1y ago
LABUAN, April 11 (Bernama) -- Labuan’s inaugural Borneo Flora Festival (BFF) 2025, to be held on July 26-30, is expected to significantly boost the local economy.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- ASEAN's strength lies not in drama, but in its durability having withstood wars, crises and coups over nearly six decades since the region’s establishment in 1967, and together, has what it takes to tackle Washington's move to impose debilitating tariffs that saw global markets taking a rout.
In instilling much-needed confidence for the region, Prime Minister, Datuk Seri Anwar Ibrahim said ASEAN, which Malaysia is now Chair, has always moved forward, even if it is was “only by inches, often frustratingly, but forward nonetheless."