Eco-Shop Positive About Performance Despite Price Hike
KUALA LUMPUR, May 23 (Bernama) -- Household retailer Eco-Shop Marketing Bhd remains optimistic about its performance despite hiking up product prices to RM2.60 from RM2.40 last month.
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Netherlands' Neways Opens Manufacturing Facility In Selangor, Reaffirms Growth Commitment
KUALA LUMPUR, May 22 (Bernama) -- Netherlands-based Neways Electronics has opened a state-of-the-art manufacturing facility in Selangor, reaffirming its growth strategy and positioning the company to meet growing regional demand while enhancing its global manufacturing footprint.
Uzma Secures Remote Sensing Satellite Development Project
KUALA LUMPUR, May 22 (Bernama) -- Energy and technology company Uzma Bhd said it has secured Malaysia’s Pembangunan Satelit Penderiaan Jauh Negara (PSPJN) remote sensing satellite development project.
Mutiara Perlis Invests RM17 Mln In Kalmar Equipment To Boost Inland Port Capacity
KUALA LUMPUR, May 21 (Bernama) -- Mutiara Perlis Sdn Bhd is investing RM17 million to acquire 15 Kalmar container handlers for the Perlis Inland Port (PIP) via its partner, Mach 1 Group.
Press Metal's 1Q Net Profit Rises 13.2 Pct To RM461.76 Mln
KUALA LUMPUR, May 22 (Bernama) -- Press Metal Aluminium Holdings Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), rose by 13.2 per cent to RM461.76 million from RM408.03 million in the same period last year, mainly due to higher metal prices and stronger profit contribution from associated companies.
Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure
KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)
WeMade Max’s ‘Lost Sword’ Begins Global Pre-registration Ahead Of July Launch
KUALA LUMPUR, May 22 (Bernama) -- Wemade Max has officially launched global pre-registration for its subculture mobile role-playing game (RPG), ‘Lost Sword’, developed by Codecat and published by Wemade Max’s subsidiary, Wemade Connect.
EXIM Bank To Support Mac World's Expansion Into Gulf Region With Strategic Financing
KUALA LUMPUR, May 22 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Mac World Food Industries LLC, a subsidiary of Mac World Group, to support its expansion into the Gulf Cooperation Council (GCC) market.
AirAsia Formalises RM99.5 Mln Charter Service Contract With Malaysian Armed Forces
LANGKAWI, May 22 (Bernama) -- AirAsia has formalised a charter service contract with the Malaysian Armed Forces (MAF) worth RM99.5 million, including special aircraft leasing until Aug 1, 2027, which encompasses daily charters and special charter arrangements covering domestic routes throughout Malaysia.
Malaysia Will Continue To Support Regional Digital Development And AI - PM Anwar
PUTRAJAYA, May 22 (Bernama) -- Malaysia, as the chairman of ASEAN 2025, will continue to support the development of digitalisation and artificial intelligence in the region, said Prime Minister Datuk Seri Anwar Ibrahim.
TII, AI71 Partner With AWS To Globalise UAE-built AI Innovations
KUALA LUMPUR, May 22 (Bernama) -- Abu Dhabi’s Technology Innovation Institute (TII), known for developing the globally ranked Falcon series of artificial intelligence (AI) models, and AI71, have joined forces with Amazon Web Services (AWS) to expand the global reach of United Arab Emirates (UAE)-developed AI technologies.
Maistorage Technology Targets Bursa Malaysia Listing By 2028
PUTRAJAYA, May 22 (Bernama) -- Newly launched MaiStorage Technology Sdn Bhd is eyeing a listing on Bursa Malaysia by 2028.