1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia extended its downtrend, opening lower on Thursday as investor sentiment remained cautious over US tariff concerns, despite Wall Street’s positive performance overnight.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Abu Dhabi’s VentureOne has integrated two advanced autonomous flight technologies—Perceptra and Saluki—into ADASI’s unmanned aerial vehicle (UAV) operations, as announced at IDEX 2025, the Middle East’s largest defence exhibition.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Yinson Holdings Bhd’s offshore business arm, Yinson Production, has completed the acquisition of 100 per cent shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- JHT Semiconductor Sdn Bhd, a wholly-owned subsidiary of JHT Design Co Ltd, has officially opened its leading-edge manufacturing facility in Batu Kawan, Pulau Pinang, on Feb 15.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Preqin, an alternative assets data, tools, and insights leader, has launched the Allocator Hub, a market-first, end-to-end platform that enables asset allocation, manager selection, due diligence, and portfolio management via sophisticated investment analytics, workflow tools, and managed services.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- EcoWorld Malaysia’s unit, Eco Business Park 1 Sdn Bhd, has disposed of 56.06 hectares (ha) of freehold land in Eco Business Park I in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.