GLICs Continue To Improve Investment Evaluation Process And Monitoring - Amir Hamzah

KUALA LUMPUR, Dec 2 (Bernama) -- Government-linked investment companies (GLICs) including Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will continue to monitor and improve governance in investment evaluation processes, said Finance Minister II Datuk Seri Amir Hamzah Azizan today. 

EMGA Secures US$30 Mln Debt Financing For Uzbekistan’s Ipak Yuli Bank

KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)

Malaysia Leverages Foreign Relations To Boost Economy, Investment - Anwar

PUTRAJAYA, Dec 2 (Bernama) -- Malaysia leverages its foreign relations to enhance the economy, investment and the quality of education, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Boosted By RM207.7 Mln From Local Institutions Last Week

KUALA LUMPUR, Dec 2 (Bernama) -- Local institutions were net buyers of Malaysian equities for the fourth consecutive week, with net buying of RM207.7 million last week.

Brazil, Malaysia To Set Up Joint Development On IC Design In 2025

By Rohani Mohd Ibrahim

KUALA LUMPUR, Dec 1 (Bernama) -- Brazil and Malaysia’s collaboration in the semiconductor industry will involve the development of joint initiatives in integrated circuit (IC) design next year, according to sources from the Brazilian Embassy in Malaysia.

Wenzhou Conference On Maritime Silk Road Highlights Cooperation, Innovation

KUALA LUMPUR, Nov 29 (Bernama) -- As 2024 draws to a close, the Maritime Silk Road marks another significant milestone with the 2024 Mayors Exchange Conference on Maritime Silk Road City Influence, taking place in the historic port city of Wenzhou in east China's Zhejiang Province for three days until Dec 1. 

Malaysia's Official Reserve Assets At US$117.59 Bln As At End-October 2024 - BNM

KUALA LUMPUR, Nov 29 (Bernama) --The official reserve assets amounted to US$117.59 billion, while other foreign currency assets amounted to US$5.7 million as at end-October 2024, said Bank Negara Malaysia (BNM). 

Ananda Krishnan Leaves Behind Indelible Mark In Corporate Malaysia

KUALA LUMPUR, Nov 28 (Bernama) – Ananda Krishnan, who died today aged 86, leaves an indelible mark in corporate Malaysia having founded several top-notch companies and emerging as among Malaysia’s richest men.

Yinson Renewables Secures US$59 Mln Financing For Matarani Solar Project

KUALA LUMPUR, Nov 28 (Bernama) -- Yinson Holdings Bhd’s renewables business unit, Yinson Renewables (YR), has secured a US$59 million (US$1=RM4.4325) senior secured green financing facility for the Matarani solar project in Peru from IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB).

Transport Ministry Forms Committee To Review Maritime Law, Port Acts

KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.

Malaysian SMEs Reap Benefits From CISCE In Beijing

By Syamsiah Sahat

BEIJING, Nov 28 (Bernama) -- Malaysian small and medium enterprises (SMEs) described the China International Supply Chain Expo (CISCE) as an eye-opening experience in terms of future market planning, as well as benefiting from finding space for their supply chain business.

Tropicana Corp's 3Q Net Loss Surges To RM454.93 Mln

KUALA LUMPUR, Nov 27 (Bernama) -- Tropicana Corporation Bhd’s net loss surged to RM454.93 million in the third quarter (3Q) ended Sept 30, 2024, from RM10.34 million net loss recorded in the same period last year.