LATEST NEWS   The investment is similar to what other countries have undertaken to facilitate the restructuring of their critical industry players like Singapore's Sembcorp and South Korea's Daewoo Shipbuilding - PNB | The investment is critical in facilitating the completion of one of the largest debt restructuring exercises in Malaysia, involving some of the largest banks - PNB | The investment will help prevent the liquidation of SEB, which would result in the fire sale of strategic national oil and gas assets, domestically and globally - PNB | SEB has more than 2,000 vendors, many of which are SMEs employing about 59,000 core employees in the oil and gas industry - PNB | Investment by Malaysia Development Holdings Sdn Bhd in SEB will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors - PNB | 

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CPO Futures Rally Above RM4,400 On Positive Market Sentiment

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 5 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rose on Wednesday due to positive market sentiment, with prices surpassing RM4,400 per tonne for the May 2025 benchmark contract, a trader said.

Gold Futures Mostly Higher At Close As US Dollar Weakens

By Siti Radziah Hamzah

KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.

FBM KLCI Futures End Higher

KUALA LUMPUR, March 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today in line with the underlying cash market.

DEFA Negotiations To Be Finalised By Year-End -- Liew

KUALA LUMPUR, March 5 (Bernama) -- The Digital Economy Framework Agreement (DEFA) negotiations will be finalised by the end of this year, said Deputy Investment, Trade and Industry Minister Liew Chin Tong. 

Sunway Construction Secures RM1.5 Bln Contract For RTS TOD Works In Bukit Chagar

KUALA LUMPUR, March 5 (Bernama) -- Sunway Construction Group Bhd has secured a contract worth an estimated RM1.5 billion from Sunway Integrated Properties Sdn Bhd to undertake construction works related to Rapid Transit System Transport Oriented Development (RTS TOD) project in Bukit Chagar, Johor.

Hytera Inks MoU With Cable & Wireless Seychelles To Drive Digital Transformation

KUALA LUMPUR, March 5 (Bernama) -- Hytera Communications, a professional communications technologies and solutions provider, has signed a Memorandum of Understanding (MoU) with telecommunications provider, Cable & Wireless Seychelles (CWS) to drive digital transformation across Seychelles’ enterprises and government sectors.

Mavenir-Tune Talk Partnership To Revolutionise Malaysia’s Telco Landscape 

KUALA LUMPUR, March 5 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has signed a Memorandum of Agreement (MoA) with Tune Talk to provide a cutting-edge Cloud-Native Digital Operations Support System (OSS) and Business Support System (BSS) platform.

Malaysia's Commercial Real Estate Transactions On The Rise, Mirroring Global Trend - Knight Frank

KUALA LUMPUR, March 5 (Bernama) -- Malaysia has seen an uptick in commercial real estate (CRE) transactions, driven by high-net-worth individuals (HNWIs) and institutional investors seeking long-term value, mirroring the global trend, said Knight Frank Malaysia.

CIIE Promotional Team Aims To Expand Global Partnerships Through 2025 Events

KUALA LUMPUR, March 5 (Bernama) -- The China International Import Expo (CIIE) promotional team has embarked on an influential global outreach campaign to Australia, New Zealand, and Malaysia recently, aiming to strengthen cross-border ties and encourage wider participation in the eighth CIIE, set for November 2025 in Shanghai.

Dongfeng Truck Lauds 2024 Achievements, Unveils 3 New Models

KUALA LUMPUR, March 5 (Bernama) -- The Southeast Asia Dongfeng Day 2025 brand event recently held in Jakarta, Indonesia, has gathered over 100 representatives from dealers, partners, and media to celebrate Dongfeng Truck’s 2024 achievements and unveiling of new models.

Niaga Hadapan FBM KLCI Tinggi Dalam Dagangan Awal

KUALA LUMPUR, 5 Mac (Bernama) -- Niaga hadapan FTSE Bursa Malaysia KLCI (FBM KLCI) di Bursa Malaysia Derivatives diniagakan tinggi pada dagangan awal hari ini.

FBM KLCI Futures Higher In Early Trade

KUALA LUMPUR, March 5 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives traded higher in early trade, tracking gains in the underlying cash market.