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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.

Lower Transportation, Regasification Tariffs Increase Competitiveness Of Gas Players -- MIDF Amanah

KUALA LUMPUR, March 21 (Bernama) -- MIDF Amanah Investment Bank Bhd said the reduced tariffs for transportation and regasification could increase the competitiveness of gas players, boosting export revenues and stimulating economic activity throughout the year.

Tabung Haji Maintains Prudent Investment Approach Amid Global Economic Uncertainty - CEO

KUALA LUMPUR, March 21 (Bernama) -- Lembaga Tabung Haji (TH) will continue to manage its investment portfolio prudently to ensure capital preservation and sustainable dividend returns despite global economic challenges in 2025.

RAM Ratings Maintains Stable Outlook On Malaysian Banking Sector For 2025

KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.

MIMOS, SensoremTek Establishes Strong Collaboration In Semiconductor Industry

KUALA LUMPUR, March 20 (Bernama) -- MIMOS Berhad and SensoremTek Sdn Bhd have signed a strategic cooperation agreement to strengthen the country's semiconductor industry through the production of high-tech MEMS (Micro-Electro-Mechanical Systems) microphone sensor wafers.

Committed Funds In PE And VC Industry Totalled Rm24.7 Bln At End-2024

KUALA LUMPUR, March 20 (Bernama) -- Total committed funds under management in the Malaysian private equity (PE) and venture capital (VC) industry amounted to RM24.7 billion as at the end of 2024.

Practise Of Setting Up, Maintaining Unprofitable Companies Must End -- PM Anwar

KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.

Malaysia Poised To Strengthen Capital Market With Family Offices - SC

KUALA LUMPUR, March 20 (Bernama) -- Malaysia is well-positioned to strengthen its capital market, local businesses, and global competitiveness, backed by a conducive environment for family offices and a robust regulatory framework that encourages reinvestment of wealth within the country, said the Securities Commission Malaysia (SC).

SC Posts RM20.70 Mln Net Operating Surplus Amid Revenue Growth In 2024 - Report

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) recorded a net operating surplus of RM20.70 million in 2024 against a net operating deficit of RM56.46 million a year earlier, according to the SC Annual Report 2024 released today.

Retirees Should Redirect Small Portion Of Savings Into Higher-Yielding Investments To Enhance Income Security -- SC

 KUALA LUMPUR, March 20 (Bernama) – Retirees should redirect a small portion of their savings into higher-yielding capital market instruments to enhance their income security in their old age rather than holding cash, the Securities Commission (SC) said.

Malaysia's Ogse Players Must Tap Energy Transition Expertise To Reach Consumer Markets -- Rafizi

KUALA LUMPUR, March 20 (Bernama) -- Local oil and gas services and equipment (OGSE) players must leverage energy transition expertise to reach downstream consumer markets, said Economy Minister Datuk Seri Rafizi Ramli.

SC: MyCIF’s Total Funds Raised Via ECF, P2P Grows To RM2.6 Bln In 2024

KUALA LUMPUR, March 20 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF)’s total funds raised through equity crowdfunding (ECF) and peer-to-peer (P2P) platforms grew to RM2.6 billion in 2024 from RM2.2 billion in 2023.