| 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 | |
KUALA LUMPUR, Feb 28 (Bernama) -- Global video game commerce company Xsolla is deepening its commitment to mobile game developers through a strategic partnership with Pocket Gamer Connects (PGC) in 2025.
KOTA TINGGI, Feb 28 (Bernama) -- ASEAN needs to enhance internal cohesion and diversify its external partnerships to face global economic headwinds, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Feb 28 (Bernama) -- Management and technology consultancy BearingPoint reported a record 1.069 billion euros in revenue for 2024, marking its fourth consecutive year of growth. (1 Euro = RM4.62)
KUALA LUMPUR, Feb 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched its first lineup of four-channel high-speed standard digital isolators for automotive applications, with shipments having commenced.
KUALA LUMPUR, Feb 27 (Bernama) -- Singapore-based Black Group Investment Holding is investing S$100 million (RM331.45 million) to develop a state-of-the-art medical and hospitality facility in Kuala Lumpur’s Golden Triangle, with operations targeted to begin in September.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.
KUALA LUMPUR, Feb 27 (Bernama) -- LyondellBasell (LYB), in collaboration with Sipchem, has secured a feedstock allocation from Saudi Arabia’s Ministry of Energy to support a joint feasibility study for a world-scale mixed-feed cracker complex combined with a diversified derivative portfolio.
KUALA LUMPUR, Feb 27 (Bernama) -- Mavenir has been selected by OXIO, a Telecom-as-a-Service (TaaS) company, for Packet Core, Integrated Management System (IMS) and next-generation messaging solutions to support borderless Mobile Virtual Network Operators (MVNOs) and embedded connectivity use cases on a global scale.
KUALA LUMPUR, Feb 27 (Bernama) -- Turing, a leader in artificial intelligence (AI)-driven water management solutions, has successfully raised US$14 million in a funding round led by Safar Partners. (US$1=RM4.42)
KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.
KUALA LUMPUR, Feb 27 (Bernama) -- SmartStream Technologies, the financial transaction lifecycle management (TLM) and solutions provider, announced that Nambawan Super Limited (NSL), Papua New Guinea's largest superannuation company, has successfully implemented SmartStream’s Air application for artificial intelligence (AI) data processing, enhancing data accuracy and operational efficiency.
