Ringgit Weakens Against US Dollar As Trade War Escalates
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit closed lower against the US dollar on Friday as concerns over an escalating trade war weighed on sentiment.
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Multiply Group To Acquire Majority Stake In Tendam, Expanding Into European Retail And Apparel Sector
KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.
Mi Sedaap Sparks Malaysian Palates With New Korean-Inspired Ramen Launch
KUALA LUMPUR, Feb 20 (Bernama) -- Mi Sedaap kicked off an exciting new chapter with the grand launch of their revamped Korean Spicy Chicken Ramen, marking a major upgrade to their popular instant noodle line.
Transformation Efforts Of MAHB Expected To Bear Fruit - MOF
KUALA LUMPUR, Feb 18 (Bernama) -- The transformation efforts of Malaysia Airports Holdings Bhd (MAHB) are expected to bear fruit, attracting more airlines and passengers and boosting the country's economic growth while providing returns to the government, according to the Ministry of Finance (MOF).
GDA To Compulsorily Acquire Remaining MAHB Shares At RM11 Apiece
KUALA LUMPUR, Feb 14 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd (MAHB) shares from dissenting shareholders at RM11 per share.
OPEC+ To Bring Back 5.8 Mln Bpd Of Extra Crude Oil To Buffer Losses From Canada, Mexico
KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.
Gradiant, GF Piping Systems Team Up To Advance Global Water Treatment Solutions
KUALA LUMPUR, Jan 24 (Bernama) -- Gradiant, a global leader in advanced water and wastewater treatment, has announced a strategic partnership with GF Piping Systems, a flow solutions provider.
Malaysia Strengthens Its Position As Leading Foreign Investment Destination - Fahmi
PUTRAJAYA, Jan 15 (Bernama) – Malaysia continues to strengthen its position as a leading foreign investment destination even as the Abu Dhabi Investment Authority (ADIA) expresses its commitment to increase investments in Malaysia, said Communications Minister Fahmi Fadzil.
Anwar Secures The Trust Of UAE Govt, Companies For Enhancing Economic Cooperation
ABU DHABI, Jan 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s working visit to the United Arab Emirates (UAE), his first overseas visit for 2025, has yielded encouraging results, with the Prime Minister and Malaysia gaining the trust of the UAE government and leading companies from the Gulf nation to foster economic cooperation.
Malaysia Welcomes UAE Companies To Invest In Renewable Energy, Data Centre Projects - PM Anwar
From Kamarul Ariffin MD Yassin
ABU DHABI, Jan 14 (Bernama) -- Malaysia welcomes companies from the United Arab Emirates (UAE) to invest in Malaysia involving renewable energy (RE) projects, including data centres, said Prime Minister Datuk Seri Anwar Ibrahim.
Yinson Indirect Unit Secures RM4.48 Bln Investment From Consortium Of Global investment Firms
KUALA LUMPUR, Jan 14 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Yinson Production Offshore Holdings Ltd (YPOHL) has secured US$1 billion (RM4.48 billion) investment from a consortium of international investment firms to drive further growth.
Malaysia-UAE CEPA Set To Boost Bilateral Trade By 60 Pct -- Tengku Zafrul
KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (MY-UAE CEPA) is expected to boost total bilateral trade between the two countries by at least 60 per cent in five years, contributing to a more sustainable economic growth.