8d ago
PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.
8d ago
KUALA LUMPUR, Dec 17 (Bernama) -- Paramount Corporation Bhd’s wholly-owned subsidiary Prima Kuasa Sdn Bhd has entered into a sale and purchase agreement with SJ Properties Sdn Bhd to acquire 19.62 hectares (48.49 acres) for a RM579 million housing project.
8d ago
KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.
8d ago
KUALA LUMPUR, Dec 17 (Bernama) -- Top Glove Corporation Bhd expects its sales volume to Europe to improve significantly during the second quarter of the financial year ending Aug 31, 2026 (2Q FY2026), underpinned by the recently secured strong orders.
8d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia snapped a four-day rally to end lower on Wednesday, as profit-taking emerged following the benchmark index’s move into positive year-to-date territory.
8d ago
KUALA LUMPUR, Dec 17 (Bernama) -- Scientex Bhd’s net profit increased by 11.1 per cent to RM142.91 million in the first quarter (1Q) ended Oct 31, 2025, compared with RM128.61 million in the same period last year, driven by higher revenue in packaging and property segments.
8d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s palm oil sector heaved a huge sigh of relief after it was exempted from the 19 per cent import tariff imposed
8d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s rubber industry recorded a mixed performance this year, with output and exports, including external demand for gloves contracting, while the lesser commodities of cocoa and pepper bucked the trend by showing resilience.
9d ago
JOHOR BAHRU, Dec 16 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) today formalised a RM97.63 million Term Financing-i facility with Coronade Properties Sdn Bhd (CPSB) to fund public infrastructure works for Coronation Square, an integrated mixed-use development in Johor Bahru.
9d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.
9d ago
SEREMBAN, Dec 16 (Bernama) -- Negeri Sembilan has announced the development of the Nilai Advanced Photonic AI Manufacturing City, the first large-scale photonic computing and semiconductor initiative of its kind in the world.
9d ago
BANGI, Dec 16 (Bernama) -- Malaysia’s palm oil industry is expected to remain stable and competitive next year, driven by continued emphasis on research and development (R&D), yield improvements and sustainable practices in line with global market requirements, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.