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SkyWorld Development Signs MoU With Vietnam Entities Related To 13D Project

KUALA LUMPUR, April 11 (Bernama) -- SkyWorld Development Bhd’s wholly-owned subsidiary SkyWorld Development (Vietnam) Company Ltd has signed a memorandum of understanding (MoU) with entities from Vietnam in relation to the development of the Project Residential Complex No 13D (13D project).

AmBank Grants RM307 Mln In Financing To Chin Hin Group For Infrastructure Projects

KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

ASEAN To Be More Efficient For More Room On Tariff Negotiations -- Sri Mulyani

KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states are focusing on eliminating distortions to be more efficient for more room on negotiations, as Washington expressed concerns about tariff and non-tariff barriers, says Indonesia Finance Minister Sri Mulyani Indrawati.

Malaysia Welcomes US Move To Pause Higher Tariffs, Assesses Rapid Changes - Tengku Zafrul

By M.Saraswathi 

KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.

Trump Announces 90-Day Tariff Pause For Over 75 Countries

WASHINGTON, April 10 (Bernama-Anadolu) -- United States (US) President Donald Trump said Wednesday that he had been considering a 90-day delay in elevated reciprocal tariffs with the country’s trading partners "over the last few days", citing diplomatic engagement and goodwill as factors behind the move.

TM To Rebuild Network Infrastructure Affected By Putra Heights Fire Incident

KUALA LUMPUR, April 4 (Bernama) -- Telekom Malaysia Bhd (TM) announced that its technical teams are ready and committed to restoring services and rebuilding any affected network infrastructure in stages, depending on the severity of the damage affected by the pipeline burst in Putra Heights.

LSH Capital Secures 20-year Lease To Manage KL Tower

KUALA LUMPUR, March 26 (Bernama) -- Lim Seong Hai Capital Bhd (LSH Capital) has signed a 20-year lease agreement with the Federal Lands Commissioner to modernise and manage one of Malaysia’s most iconic landmarks, the Kuala Lumpur Tower (KL Tower), and its surrounding areas.

AmBank Islamic Grants RM180 Mln Financing To Nextgreen For Technology Park Expansion

KUALA LUMPUR, March 21 (Bernama) -- AmBank Islamic Bhd has granted up to RM180 million in financing facilities to Nextgreen Global Bhd’s subsidiary, Ultimate Ivory Sdn Bhd, to fund land reclamation, infrastructure development and utilities for Nextgreen’s Green Technology Park (GTP) in Pahang.

PCG’s Olefins And Derivatives Segment To Stay Under Pressure In 1Q 2025 - CIMB

KUALA LUMPUR, March 21 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) olefins and derivatives (O&D) segment is expected to remain under pressure in the first quarter (1Q) of 2025, with plant utilisation projected to hover around 70 per cent, excluding the Pengerang Petrochemicals Complex (PPC), CIMB Securities Sdn Bhd said.

Ambank Finances RM1.06 Bln Acquisition Of Bahru Stainless From Spain’s Acerinox

KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.

Falcon To Invest US$100 Mln In Facility Upgrades At Al Maktoum International Airport

KUALA LUMPUR, March 5 (Bernama) -- Falcon, a premier aviation service provider, has announced plans to invest more than US$100 million to upgrade its facilities at Al Maktoum International Airport in Dubai. (US$1=RM4.44)

TNB: Powering Malaysia’s Future, Channelling 60 Pct Of Profits To The Rakyat

KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.