1y ago
KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- XPENG, a prominent Chinese high-tech automotive company, has officially entered the Indonesian market through a strategic partnership aimed at introducing its advanced electric vehicle (EV) technology to Indonesian consumers.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- Pantech Global Bhd is accelerating its international expansion, targeting high-growth markets in North Africa and South America after listing on the Main Market of Bursa Malaysia today.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.7 in February 2025, the highest reading since last August, S&P Global said.
1y ago
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) 6.30 per cent dividend payout for 2024 for the Shariah account, involving a total distribution of RM10.19 billion, is proof that Shariah-compliant investments have strong potential in generating returns, according to an economist.
1y ago
KUALA LUMPUR, March 1 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) to trade within a narrow range as investors evaluate key economic developments, according to an analyst.
1y ago
KUALA LUMPUR, Feb 28 (Bernama) -- MBSB Group has launched its Commercial Banking Centre at the head office of the Malaysia External Trade Development Corporation (MATRADE) here, further strengthening its commitment to supporting small and medium enterprises (SMEs) and mid-sized companies, particularly those expanding into international markets.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will host the second international edition of the Malaysia International Halal Showcase (MIHAS) in Shanghai, China.
1y ago
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.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- LyondellBasell (LYB), in collaboration with Sipchem, has secured a feedstock allocation from Saudi Arabia’s Ministry of Energy to support a joint feasibility study for a world-scale mixed-feed cracker complex combined with a diversified derivative portfolio.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- Turing, a leader in artificial intelligence (AI)-driven water management solutions, has successfully raised US$14 million in a funding round led by Safar Partners. (US$1=RM4.42)