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IILM Short-term Sukuk Portfolio Hits US$6.795 Bln

KUALA LUMPUR, Feb 3 (Bernama) --  The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of shariah-compliant short-term liquidity instruments, said its outstanding sukuk portfolio reached a record US$6.795 billion (US$1 = RM3.93), up 64 per cent from US$4.14 billion a year ago.

Rubber Market To Turn Cautiously Bullish Next Week On Supply Constraints - MARGMA

By K. Naveen Prabu

KUALA LUMPUR, Jan 31 (Bernama) -- The rubber market is expected to be cautiously bullish next week, supported by steady upstream price momentum.

GDB Secures RM121.4 Mln Bina Muhibbah Permajaya Infrastructure Contracts

KUALA LUMPUR, Jan 30 (Bernama) -- GDB Holdings Bhd has secured infrastructure contracts totalling RM121.4 million for two Bina Muhibbah Permajaya Construction Sdn Bhd projects.

Bursa Malaysia Ends Lower As Profit-Taking Gathers Pace

By Karina Imran

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia extended its pullback as profit-taking intensified, with most sectors closing lower in a broad-based consolidation, an analyst said.

Multi-Color Corporation Begins Prepackaged Process To Restructure Balance Sheet

KUALA LUMPUR, Jan 29 (Bernama) -- Multi-Color Corporation (MCC) has commenced its prepackaged Chapter 11 process in the United States Bankruptcy Court for the District of New Jersey to implement a previously announced restructuring support agreement (RSA) aimed at resetting its balance sheet and positioning the company for long-term growth and investment.

Dubai Gold District Debuts As Global Gold, Jewellery Hub

KUALA LUMPUR, Jan 29 (Bernama) -- Ithra Dubai has officially launched the Dubai Gold District, a purpose-built destination designed to significantly enhance Dubai’s position as the world’s leading hub for the gold and jewellery trade.

Polyplastics Develops Mechanically Recycled DURAFIDE PPS Grades

KUALA LUMPUR, Jan 28 (Bernama) -- Polyplastics Co Ltd, a global leader in engineering thermoplastics, has developed two new DURAFIDE polyphenylene sulphide (PPS) grades made of mechanically recycled content.

Ringgit Stages Comeback, Among Asia’s Best Performers, Says World Bank Economist

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.

Coventry Completes US$750 Mln In Life Insurance-Backed Deal Under LILY Programme

KUALA LUMPUR, Jan 28 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, has completed its third asset-backed securitisation since April 2025 under its LILY programme.

IILM sukuk Portfolio At A Record High Of US$6.65 Bln

KUALA LUMPUR, Jan 27 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) said its outstanding short-term sukuk portfolio has reached a new record high of US$6.65 billion.

A2RL Drone Championship Pits Human Skill Against AI

KUALA LUMPUR, Jan 27 (Bernama) -- The Abu Dhabi Autonomous Racing League (A2RL) Drone Championship delivered a high-profile test of human skill against artificial intelligence (AI), with autonomous systems setting new speed benchmarks while a human pilot narrowly prevailed in the headline Human vs AI finale.

AWC, TwinMatrix Partner On Digital Transformation

SUBANG JAYA, Jan 26 (Bernama) -- AWC Bhd has entered into a strategic memorandum of understanding (MoU) with Singapore-based TwinMatrix Technologies Pte Ltd to advance digital innovation across its facilities and infrastructure operations.