ACE Market-Bound Fibromat Aims To Raise RM17.8 Mln From IPO

PETALING JAYA, April 11 (Bernama) -- Fibromat (M) Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM17.8 million from its initial public offering (IPO).

Penang Sets Up Tariff Monitoring Task Force, Seeks Federal Govt Cooperation

GEORGE TOWN, April 11 (Bernama) -- The Penang state government will establish a tariff monitoring task force as part of its strategic response to the United States’ (US) recent tariff announcement.

West River Launches IPO Prospectus, Aims To Raise RM27.9 Mln

KUALA LUMPUR, April 10 (Bernama) – West River Bhd, a provider of mechanical and electrical (M&E) engineering services, has launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd scheduled on May 5, 2025. 

Agrobank Targets 18 Branches To Use Solar Energy By End-2025

BAGAN SERAI, April 10 (Bernama) -- Bank Pertanian Malaysia Bhd (Agrobank) has targeted 18 of its branches to utilise solar power by the end of this year. 

PM Anwar Expected To Deliver Consensus Statement For ASEAN To Galvanise Inherent Strength To Achieve Economic Independence, Ward Off Global Risks  

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) today is paramount for getting a buy-in from ministers for regional consensus to deal with crippling American tariffs.

PNB To Strengthen Portfolio By Exiting Legacy Investments

By Karina Imran

KUALA LUMPUR, April 9 (Bernama) -- Permodalan Nasional Bhd (PNB) is looking to exit its positions in legacy investments, allowing it to strengthen other asset classes, including fixed income, said its deputy president and group chief executive officer, Datuk Rick Ramli.

There Is No Winner In This Tariff Spat -- Andrew Sheng

KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.

New Cross-Border Bridge Project Aligns With ASEAN's Economic Goal -- Secretary-General

KUALA LUMPUR, April 9 (Bernama) -- The construction of the second bridge project connecting Rantau Panjang, Kelantan, and Sungai Golok, Narathiwat is a significant step towards strengthening regional connectivity and economic integration within ASEAN, said ASEAN Secretary-General Dr Kao Kim Hourn.

SumiSaujana Makes Lacklustre Debut On Ace Market

KUALA LUMPUR, April 9 (Bernama) -- SumiSaujana Group Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today amid the continuing global market uncertainty caused by a US-led tariff conflict.

ASEAN Power Grid Vision Needs US$764 Bln For Power Generation, Transmission Infrastructure - ASEAN Sec-Gen

By Zufazlin Baharuddin

KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.

Andrew Sheng Warns US-China Trade War Will Have Long-Lasting Impact On ASEAN

By Karina Imran

KUALA LUMPUR, April 9 (Bernama) — A former central banker has warned that the ongoing US-China trade war, which has seen tariffs on Chinese goods rise by over 104 per cent, will have a long-lasting impact on global markets, including Malaysia and ASEAN countries. 

Upgrade Of ASEAN's Trade Pact With Australia, New Zealand Soon, China And India Next -- Sec-Gen

KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which remains committed to upgrading existing free trade agreements (FTAs) to ensure they stay relevant and effective, will see the upgraded version of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) deal on April 21, 2025.