Cambodia Is Now A Competitive Investment Destination In Asean, Says Hun Manet

PHNOM PENH, Nov 26 (Bernama) -- Cambodian Prime Minister Hun Manet today invited foreign investors to join the nation’s transformation process and assured the Kingdom is an exciting investment destination in ASEAN.

ASEAN-BAC Malaysia Aims To Strengthen Regional Economic Ties As Malaysia Assumes ASEAN Chairmanship

KUALA LUMPUR, Nov 26 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) Malaysia is committed to fostering closer economic ties within the region as it prepares to assume the chairmanship next year. 

ACE Market-bound Winstar Capital Targets RM19.79 Mln From IPO

KUALA LUMPUR, Nov 26 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd, en route to a listing on Bursa Malaysia’s Ace Market on Dec 19, 2024, aims to raise RM19.79 million through its initial public offering (IPO).

IOI Properties Among Top Losers On Bursa Malaysia After Disappointing 1Q Earnings

KUALA LUMPUR, Nov 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) became the second biggest loser on Bursa Malaysia at midday after its first-quarter earnings for the financial year ended June 30, 2025 (1Q FY2025) missed expectations.

Sarawak Makes Significant Progress In CCUS - Abang Johari

KUCHING, Nov 25 (Bernama) -- Sarawak is making significant progress in carbon capture, utilisation and storage (CCUS) to position the state as the CCUS heartland for the Asia Pacific region, said Sarawak Premier Tan Sri Abang Johari Tun Openg. 

PuTERA35 Engages GLCs, GLICs, And Private Sector To Strengthen Bumiputera Economy

KUALA LUMPUR, Nov 25 (Bernama) -- The Bumiputera Economic Transformation Plan 2035 (PuTERA35) introduces substantial improvements over previous initiatives, emphasising inclusive participation from government-linked companies (GLCs), government-linked investment companies (GLICs), and the private sector.

Cradle Fund Partners KLDX To Introduce Alternative Fundraising Platform For Startups

KUALA LUMPUR, Nov 22 (Bernama) -- Cradle Fund Sdn Bhd, the focal agency for Malaysia’s startup ecosystem, has partnered with digital securities exchange platform Kapital DX Sdn Bhd (KLDX) to provide Malaysian startups with an alternative avenue for fundraising.

Icon Offshore Secures Four Key Agreements To Drive Portfolio Growth And Expansion

KUALA LUMPUR, Nov 22 (Bernama) -- Offshore support vessel (OSV) company Icon Offshore Bhd has signed four conditional share sale and purchase agreements (SSPAs) with various vendors for proposed acquisitions.

DRB-Hicom Posts RM282.56 Mln Pre-tax Profit For First Nine Months Of FY2024

KUALA LUMPUR, Nov 21 (Bernama) -- DRB-Hicom Bhd posted a pre-tax profit of RM282.56 million for the first nine months ended Sept 30, 2024 (9M FY2024) supported by stable revenue of RM12.23 billion, reflecting a marginal increase of 1.2 per cent compared to the same corresponding period last year.

Value Of Malaysian Business Ventures In Vietnam Exceeds US$13 Bln -- PM Anwar

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian business ventures in Vietnam have exceeded US$13 billion (US$1=RM4.47) in value, according to Prime Minister Datuk Seri Anwar Ibrahim.

Toku Secures US$5 Mln Funding, Appoints Advisory Board Chair

KUALA LUMPUR, Nov 21 (Bernama) -- Toku, a provider of enterprise cloud communications and customer experience solutions in Asia Pacific (APAC), has successfully closed a US$5 million Series A Extension round led by Betatron Venture Group. (US$1=RM4.70)

MATRADE Concludes MIHAS@Dubai With RM2.2 Bln Sales, Exceeding Target By 120 Pct

From Zarul Effendi Razali

DUBAI, Nov 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has concluded the Malaysia International Halal Showcase (MIHAS) in Dubai with resounding success, exceeding the sales target by 120 per cent to RM2.2 billion.