LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

RegASK Leaders Honoured In 2025 ‘Pros To Know’ For Supply Chain Excellence

KUALA LUMPUR, March 19 (Bernama) -- RegASK, a global regulatory intelligence company, has been recognised in the prestigious 2025 Pros to Know Award by Supply & Demand Chain Executive.

Gallant Acquires Altify To Drive Growth In Sales Enablement AI

KUALA LUMPUR, March 19 (Bernama) -- Gallant Capital Partners (Gallant) has officially completed its acquisition of Altify, a sales enablement software platform known for its artificial intelligence (AI)-powered account planning cloud that helps enterprise companies achieve predictable and sustainable revenue growth.

Foreign Workers' EPF Contribution A Game Changer To Retain Workforce And Hire More Local Talent

By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

Analyst Sees TNB As Safe Haven Amid Market Volatility, Maintains 'Hold' Call

KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.

Govt's Investment Injection In Sapura Energy 'A Beacon Of Hope' For Vendors

KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.

Prodezi, Huong Viet Holding Launch US$195 Mln Eco-Industrial Park In Vietnam

KUALA LUMPUR, March 14 (Bernama) -- Prodezi Long An JSC (Prodezi) and Huong Viet Investment Consulting JSC (Huong Viet Holding) have officially begun construction on Long An's first eco-industrial park in Vietnam.

NGC Energy Eyes Further Expansion Of Solar PV Business In Commercial And Industrial Sectors

By Zufazlin Baharuddin

KUALA LUMPUR, March 13 (Bernama) -- NGC Energy Sdn Bhd plans to further expand its solar photovoltaics (PV) system business in the commercial and industrial sectors this year from residential projects. 

InvestKL Secures RM4.08 Bln FDI In 2024, Eyes Cumulative RM50 Bln Target By 2030 - CEO

KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

Observo AI, SiS Technologies Ink Deal To Meet Singapore's Data Pipeline Demands

KUALA LUMPUR, March 12 (Bernama) -- Observo AI, a leader in artificial intelligence (AI)-powered telemetry data pipelines, has entered a strategic distribution partnership with SiS Technologies, a premier value-added distributor in Singapore.

KKDW-owned Firms Post RM259.97 Mln Pre-tax Profit In 2024

KUALA LUMPUR, March 12 (Bernama) -- Active companies owned by agencies under the Ministry of Rural and Regional Development (KKDW) recorded a pre-tax profit of RM259.97 million in 2024, Deputy Minister Datuk Rubiah Wang said.