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WCE Holdings Posts Wider Net Loss Of RM88.56 Mln In 3Q

KUALA LUMPUR, Feb 26 (Bernama) -- WCE Holdings Bhd, the concessionaire of the West Coast Expressway (WCE) project, logged a wider net loss of RM88.56 million for its third quarter (3Q) ended Dec 31, 2024, amid interest costs incurred for completed sections, which amounted to RM55.4 million in the quarter.

Thai Central Bank Lowers Key Policy Rate To 2 Pct Amid Economic Slowdown

BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.

Give Asean Secretariat More Clout To Get Countries To Rescind Non-Tariff Barriers -- Nazir Razak

By Mikhail Raj Abdullah

KUALA LUMPUR, Feb 26 (Bernama) -- The Jakarta-based ASEAN Secretariat should be given more clout to flag countries that resort to non-tariff barriers (NTBs).

Destini Bhd’s Unit Secures Contract Worth RM10 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.

MAVCOM-CAAM Merger Progressing Well, Timeline Yet To Be Set – Hasbi

KUALA LUMPUR, Feb 25 (Bernama) -- The merger of the Malaysian Aviation Commission (MAVCOM) and the Civil Aviation Authority of Malaysia (CAAM) is progressing well, though no specific timeline has been set, Deputy Transport Minister Datuk Hasbi Habibollah said.  

HLTF-EI Underscores ASEAN Needs To Accelerate Intra-regional Trade, Investments -- MITI Sec-gen

KOTA TINGGI, Feb 25 (Bernama) -- The 47th High-Level Task Force on ASEAN Economic Integration (HLTF-EI) that convenes for the second day today underscores the need for ASEAN to accelerate efforts in deepening intra-regional trade and investment to bolster economic resilience. 

Malaysia Through ASEAN Chairmanship Will Advocate For Deeper Collaboration In Green, Sustainable Investment Frameworks - DPM Fadillah

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is committed to positioning ASEAN as a global leader in sustainable finance and will advocate for deeper collaboration in green financing, regional energy connectivity, and the expansion of sustainable investment frameworks.

KAYTUS V3 Server Sets SPEC CPU 2017 Records With 70 Pct Performance Boost

KUALA LUMPUR, Feb 25 (Bernama) -- KAYTUS, an end-to-end artificial intelligence (AI) and liquid cooling solutions provider, has announced its dual-socket V3 series server, KR1280V3, has secured top rankings in the latest SPEC CPU 2017 benchmark results published by the internationally recognised Standard Performance Evaluation Corporation (SPEC).

MAHB Delisting After 25 Years - Watershed Moment For Airport Operator’s Privatisation

By Kisho Kumari Sucedaram

KUALA LUMPUR, Feb 24 (Bernama) – Tomorrow will be a watershed moment for Malaysia Airports Holdings Bhd (MAHB) as it will be delisted from Bursa Malaysia following its successful privatisation exercise by the Gateway Development Alliance (GDA) consortium.

Fortrea Sponsors SCRS Collaborate Forward To Revolutionise Clinical Research Practices

KUALA LUMPUR, Feb 21 (Bernama) -- Fortrea, a global contract research organisation (CRO), has announced its sponsorship of the Society for Clinical Research Sites (SCRS) Collaborate Forward working group.

Malaysia Sets Minimum Target Of 3,000 Smart Factories By 2030 – MITI

KUALA LUMPUR, Feb 20 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) aims to establish a minimum of 3,000 smart factories by 2030 as part of Malaysia’s industrial transformation under the New Industrial Master Plan 2030 (NIMP 2030).

Subsidy Proposal For Basic MHIT Products Needs In-Depth Study - Lim Hui Ying

KUALA LUMPUR, Feb 20 (Bernama) -- The proposal for the implementation of subsidies for the development of basic medical and health insurance and takaful (MHIT) products requires in-depth studies, including the long term impact on overall healthcare costs, said Deputy Finance Minister Lim Hui Ying.