Bank Rakyat Gets Two International Recognitions For Social And Environmental Commitments

KUALA LUMPUR, March 3 (Bernama) -- Bank Rakyat received two international recognitions for its continued commitment to supporting communities and driving financial inclusion and environmental sustainability through its Community Outreach activities.

MOSTI, XMU And GMPT Software Collaborate To Boost Malaysia’s Semiconductor Industry

KUALA LUMPUR, Feb 8 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) has strengthened Malaysia’s position in the global semiconductor industry through a strategic partnership with Xiamen University (XMU) and GMPT Software.

Lendlease Global Commercial REIT Secures Around 13 Pct Rental Hike For Jem Office

KUALA LUMPUR, Feb 28 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd (Manager), the manager of Lendlease Global Commercial REIT (LREIT), has announced a 13 per cent increase in the base rent for Jem office, effective Dec 3, 2024, as part of its five-year rental review.

Coffee Star Forges Strategic Alliance For Expansion Into Saudi Arabia

KUALA LUMPUR, Feb 27 (Bernama) -- Coffee Star, an automated coffee kiosk provider, via its parent company Fario Holdings Sdn Bhd, has signed a strategic partnership deal with Belgium’s Puro Coffee and Saudi Arabia’s Alkeyf Ibtikar to establish a joint venture and tap growing demand in the Middle East country.

KNM Group Disposes Of Entire Stake In DKNM To Japan's NGK For RM1.24 Bln

KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).

CPO Futures Expected To Trade Between RM4,000-RM4,600 A Tonne Until March 31 - Industry Expert

KUALA LUMPUR, Feb 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) is expected to trade between RM4,000 per tonne and RM4,600 per tonne from now until March 31, 2025.

Nippon Kinzoku To Launch New Service In April, Fostering Customer Partnerships

KUALA LUMPUR, Feb 26 (Bernama) -- Nippon Kinzoku Co Ltd will open a "Trial Products & Consignment Processing Support Desk" service on April 1, with the aim of creating new partnerships with customers.

Destini Bhd’s Unit Secures Contract Worth RM10 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.

Audit Shows Nine EPF Subsidiaries Suffer Losses For Third Consecutive Year

KUALA LUMPUR, Feb 24 (Bernama) -- Nine Employees Provident Fund (EPF) subsidiaries had suffered losses for three consecutive years since 2021, with total losses in 2023 amounting to RM224.21 million.

Malaysia, China To Continue Strengthening Collaboration In Palm Oil Supply Chains

KUALA LUMPUR, Feb 24 (Bernama) -- Malaysia and China will further strengthen collaboration in palm oil supply chains, technological innovation, and market expansion this year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Bursa Malaysia Rebounds To End At Intraday High On Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia rebounded to end at an intraday high today as bargain hunting emerged following a series of sell-offs, amid the upbeat regional market performance.

MITI To Engage With Proton, Geely On Supply Chain Issues

KUALA LUMPUR, 20 Feb (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will hold an engagement session with Proton Holdings Bhd and Zhejiang Geely Holding Group Co Ltd (Geely) to discuss supply chain-related issues.