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Petronas Chemicals Records Loss Of RM789 Mln In 3Q On Unrealised Forex Loss

KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.

BMW Group Malaysia To Discuss With Govt Entities And Local Partners On EV Assembly

KUALA LUMPUR, Nov 20 (Bernama) -- BMW Group Malaysia is currently engaging with the government and local partners on its plan to locally assemble its electric vehicle (EV) units, aligning with the tax exemption for EV owners until the end of 2025.

AM Best Joins 14th ASEAN Insurance Congress On Nov 25

KUALA LUMPUR, Nov 20 (Bernama) -- Global credit rating agency, AM Best will participate in the 14th annual Association of Southeast Asian Nations (ASEAN) Insurance Congress, scheduled for Nov 25, in Jerudong, Brunei Darussalam.

Malaysia To Align Real Economy & Capital Market To Drive Inclusive Growth - Amir Hamzah

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia is aiming to align its real economy with ongoing developments in the capital market as the nation reinvents its economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysian Beauty Brands Generate RM27.33 Mln In Sales At Cosmoprof Asia 2024

KUALA LUMPUR, Nov 20 (Bernama) -- Three Malaysian companies participating under the Malaysia Pavilion at the Cosmoprof Asia 2024 have generated total sales of RM27.33 million during the event.

Malaysia’s record FDI Solidifies position As Key Economic Player In ASEAN - Forbes

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia’s record achievement in attracting foreign direct investment (FDI) underscores its growing prominence as a key economic player within the ASEAN region.

Manufacturing Capacity Utilisation Hits 82.4 Pct In 3Q 2024 - DOSM

KUALA LUMPUR, Nov 20 (Bernama) -- The manufacturing industry achieved capacity utilisation of 82.4 per cent in the third quarter of 2024 (3Q 2024), an increase of 3.0 percentage points from the same quarter the previous year, according to the Department of Statistics Malaysia (DOSM).

LSH Chairman Conferred Prominent Player Award At MCIEA 2024

KUALA LUMPUR, Nov 20 (Bernama) – Lim Seong Hai (LSH) Capital Bhd chairman Tan Sri Lim Keng Cheng was conferred the Prominent Player Award at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024, recognising his transformative contributions and visionary leadership in the construction industry.

Global Tech Upcycle, Front-loading Activities To Support Malaysia's Trade Performance In 4Q 2024

KUALA LUMPUR, Nov 20 (Bernama) -- The global tech upcycle and front-loading activities will likely support Malaysia's trade performance in the fourth quarter of 2024 (4Q 2024), said CIMB Securities Sdn Bhd.

Viasfood Unveils Two Dipping Sauces, Ready For Local And International Markets

By Zarul Effendi Razali

DUBAI, Nov 19 (Bernama) -- Viasfood Sdn Bhd, Pahang-based food manufacturer service provider, has unveiled two dipping sauces, Musang King Sauce and Black Chili Paste, for both local and international markets.

Callabio Manufacturing Expects To Achieve Over RM50 Mln Sales Potential Through INSP At MIHAS@Dubai

By Zarul Effendi Razali

DUBAI, Nov 19 (Bernama) -- Callabio Manufacturing Sdn Bhd, a “coffee syrup” manufacturing company based in Malaysia, expects potential sales of more than RM50 million through the International Sourcing Programme (INSP) taking place at the MIHAS@Dubai 2024 exhibition.

MIHAS@Dubai 2024 Capable Of Surpassing RM1 Bln Initial Export Sales Target -- DPM

DUBAI, Nov 19 (Bernama) -- The 2024 Malaysia International Halal Showcase expo in Dubai (MIHAS@ Dubai 2024) can exceed the initial export sales target of RM1 billion, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.