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Aminvest Declares Income Distribution Of RM142.8 Mln

KUALA LUMPUR, Dec 23 (Bernama) -- AmInvest, the fund management business of AmInvestment Bank Bhd, has announced a total income distribution of RM142.8 million for 32 of its unit trust and wholesale funds, covering the period from July to September 2024.

Jiangsu Completes Key Winter Peak Load Projects, Boosting 2024 Power Supply

KUALA LUMPUR, Dec 23 (Bernama) -- The capacity expansion project of the main transformer at the 500-kilovolt (kV) Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation on Dec 16.

Bursa Malaysia Ends Morning Session Mixed

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia ended the morning trading session mixed, tracking regional peers' performance amid positive cues from Wall Street last week.

Local Institutions Extend Buying Streak On Bursa Malaysia For Ninth Week

KUALA LUMPUR, Dec 23 (Bernama) -- Local institutions continued to support Bursa Malaysia for the ninth consecutive week, recording net equity purchases of RM1.05 billion million last week, according to MIDF Research.

Pacific Prime CXA's Flex Portal Wins Bronze For Best HR Management System (SMB)

KUALA LUMPUR, Dec 23 (Bernama) -- Global employee benefits specialist, Pacific Prime CXA’s Flex Portal was honoured with the Bronze Award for Best HR Management System (SMB) at the HR Vendors of the Year Awards, presented by Human Resources Online in Singapore.

VentureTECH, MTC Orec Partner To Accelerate Biomethane Projects In Malaysia

PUTRAJAYA, Dec 23 (Bernama) -- VentureTECH Sdn Bhd (VentureTECH) and MTC Orec Sdn Bhd (MTC Orec) have formed strategic partnerships to accelerate the development of MTC Orec's biomethane plants, reinforcing both companies' commitment to sustainable growth and renewable energy innovation.

Powering Malaysia’s Future: Solar Growth Amid Energy Sector Challenges

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s energy sector registered significant growth this year, driven by incentives that catalysed players to undertake new green energy ventures, particularly solar systems.

Malaysia Continues To Lead Regional Data Centre Index -- Knight Frank Malaysia

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia has been ranked first among regional peers in Southeast Asia in Knight Frank’s SEA-5 Data Centre Opportunity Index for the second consecutive year with an annual take-up of 429 megawatts (MW). 

IFC, Consortium Commit Over US$900 Mln In Financing To Data Centre In Malaysia – World Bank

KUALA LUMPUR, Dec 23 (Bernama) -- The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.

Bursa Malaysia Rises on Wall Street Optimism

By Anas Abu Hassan

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by improved sentiment following Wall Street's strong performance last week, an analyst said.

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.

MSMEs Continue To Progress In 2024 Despite Digital Challenges

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 22 (Bernama) – Malaysia’s micro, small, and medium enterprises (MSMEs) have continued to progress this year despite facing challenges in adapting to market changes and regulatory shifts, particularly in their transition towards the digital-first economy.