Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.

AmBank Islamic Grants RM180 Mln Financing To Nextgreen For Technology Park Expansion

KUALA LUMPUR, March 21 (Bernama) -- AmBank Islamic Bhd has granted up to RM180 million in financing facilities to Nextgreen Global Bhd’s subsidiary, Ultimate Ivory Sdn Bhd, to fund land reclamation, infrastructure development and utilities for Nextgreen’s Green Technology Park (GTP) in Pahang.

Lower Transportation, Regasification Tariffs Increase Competitiveness Of Gas Players -- MIDF Amanah

KUALA LUMPUR, March 21 (Bernama) -- MIDF Amanah Investment Bank Bhd said the reduced tariffs for transportation and regasification could increase the competitiveness of gas players, boosting export revenues and stimulating economic activity throughout the year.

Retirees Should Redirect Small Portion Of Savings Into Higher-Yielding Investments To Enhance Income Security -- SC

 KUALA LUMPUR, March 20 (Bernama) – Retirees should redirect a small portion of their savings into higher-yielding capital market instruments to enhance their income security in their old age rather than holding cash, the Securities Commission (SC) said.

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

EDOTCO, DNB Partner With LADA To Transform Langkawi Into Malaysia's First 5G-enabled Digital Tourism Hub

KUALA LUMPUR, March 19 (Bernama) -- EDOTCO Malaysia and Digital Nasional Bhd (DNB) have collaborated with the Langkawi Development Authority (LADA) to transform Langkawi into Malaysia’s first 5G-enabled digital tourism hub.

New South Wales Keen To Team Up With Sarawak On Sustainable Energy

KUCHING, March 19 (Bernama) -- New South Wales (NSW), one of Australia’s leading states in the energy sector, has expressed interest in strengthening its relationship with Sarawak in the areas of renewable energy and environmental sustainability.

ABB Eyes More Partnerships With Local Companies For Malaysia's Energy Transition

KUALA LUMPUR, March 18 (Bernama) -- Global technology company ABB Malaysia Sdn Bhd is keen to look for more collaborations with local companies and agencies to support Malaysia's goals in energy transition.

NGC Energy Eyes Further Expansion Of Solar PV Business In Commercial And Industrial Sectors

By Zufazlin Baharuddin

KUALA LUMPUR, March 13 (Bernama) -- NGC Energy Sdn Bhd plans to further expand its solar photovoltaics (PV) system business in the commercial and industrial sectors this year from residential projects. 

Xsolla Enhances Partner Network With New Tools For Developers, Creators

KUALA LUMPUR, March 13 (Bernama) -- Global video game commerce company, Xsolla has introduced significant updates to the Xsolla Partner Network, an advanced affiliate marketing engine designed to connect game developers with content creators.

Meltwater, NICE Team Up To Revolutionise Customer Service Via AI-driven Social Media

KUALA LUMPUR, March 13 (Bernama) -- Meltwater, a global leader in media, social, and consumer intelligence, has partnered with NICE, an artificial intelligence (AI)-powered customer service platform, to introduce Meltwater’s insights to the Contact Centre as a Service (CCaaS) market for the first time.

UEM Lestra Team Ups With ACWA Power To Develop IWPP Facilities In Malaysia

KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.