22d ago
KUALA LUMPUR, March 9 (Bernama) -- Black & Veatch, a global leader in human critical infrastructure, has been selected by Formosa Heavy Industry Corporation (FHI) to deliver the full engineering design scope for a 2 x 1200 megawatt (MW) H class combined cycle power plant in Mailiao, Taiwan.
27d ago
KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.
27d ago
KUALA LUMPUR, March 4 (Bernama) -- Asia-Pacific commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs Gulf energy supply and shipping disruption, global credit rating agency Fitch Ratings said today.
27d ago
KUALA LUMPUR, March 4 (Bernama) -- Synchronoss Technologies Inc (Synchronos), a global leader and innovator in personal cloud platforms, has launched Jelly Toast in India, a new app designed for shared celebrations and group memories.
28d ago
KUALA LUMPUR, March 3 (Bernama) -- Upwind, the runtime-first cloud security leader, announced an expansion across Asia-Pacific and Japan (APJ), doubling down on its presence in India to meet escalating enterprise demand for real-time cloud and artificial intelligence (AI) security.
29d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 2 (Bernama) – As the war in the Middle East enters its third day, global aviation continues to be disrupted with commercial flights across the region remaining at a standstill, as major airports continue to be closed and regional airspace restricted, resulting in a mind-boggling 2,000 flights being cancelled.
29d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
29d ago
KUALA LUMPUR, March 2 (Bernama) -- Asia’s high-income economies, which heavily rely on commodity imports, are particularly vulnerable to the direct economic fallout from the conflict in the Middle East, according to Moody’s Analytics.
29d ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
1m ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Feb 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concerns over weaker export demand amid the strengthening ringgit.
1m ago
KUALA LUMPUR, Feb 24 (Bernama) -- Crude palm oil prices (CPO) are projected to consolidate within the range of RM4,000 per tonne to RM4,300 per tonne in March 2026, supported by tightening near-term supply, improving Indian demand and firm United States soybean oil prices.
1m ago
KUALA LUMPUR, Feb 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday, attributed by the weaker export performance as the stronger ringgit weighed on demand from key importing countries, a trader said.