Short-Term Interbank Rates End Steady On BNM Operations

KUALA LUMPUR, Dec 2 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

Wasco Records Net Profit Of RM25.02 Mln In 3q

KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.

Destini's Unit Bags RM33.05 Mln Contract For Airborne Equipment Maintenance

KUALA LUMPUR, Nov 11 (Bernama) -- Destini Bhd's wholly owned subsidiary, Destini Prima Sdn Bhd (DPSB) has secured a RM33.05 million contract from the Ministry of Defence to provide maintenance services for safety and survival equipment for airborne equipment.

Azam Jaya To Enhance In-house Expertise For Pan Borneo Highway Projects

KUALA LUMPUR, Nov 11 (Bernama) -- Road infrastructure specialist Azam Jaya Bhd plans to reduce reliance on external contractors by handling more projects with its resources, particularly the Pan Borneo Highway project.

U Mobile's Appointment As 5G Provider Complies With Licence Conditions - Fahmi

KUALA LUMPUR, Nov 7 (Bernama) -- The decision to select U Mobile Sdn Bhd as Malaysia's second 5G network provider does not contravene the special licence conditions for individual licences, said Communications Minister Fahmi Fadzil. 

IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln

KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.

U Mobile's Selection As Second 5G Provider Set To Boost Competition In Malaysia's Telecom Sector - Analyst

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 4 (Bernama) -- U Mobile Sdn Bhd is envisioned to compete more robustly and narrow the gap with other major players in the country, creating a more equitable landscape in Malaysia's telecommunications sector.

Maxis To Engage With MCMC On 5G Decision, Will Explore Options

KUALA LUMPUR, Nov 3 (Bernama) – Maxis Bhd will engage with the Malaysian Communications and Multimedia Commission (MCMC) to understand the rationale for the recent decision on the 5G dual network.

Shahriman Resigns As Sapura Resources MD

KUALA LUMPUR, Oct 30 (Bernama) --  Sapura Resources Bhd's managing director (MD) Datuk Shahriman Shamsuddin has resigned from his post effective yesterday.

YTL Power Clarifies 1BestariNet Project Secured Via Open Tender

KUALA LUMPUR, Oct 30 (Bernama) -- YTL Power International Bhd has clarified that the company was awarded the 1Bestarinet project through an open tender process, brushing off accusations of misconduct.

Sarawak Metro Awards RM122 Mln Contract For Hydrogen Bus Supply to JV

KUCHING, Oct 25 (Bernama) -- Sarawak Metro Sdn Bhd (Sarawak Metro) has awarded a contract worth over RM122 million to a joint venture (JV) company comprising SKS Coachbuilders Sdn Bhd and Sun Credit Sdn Bhd for the supply of hydrogen-powered feeder buses.

Fadillah Urges Multinationals To Partner With Local SMEs

KUALA LUMPUR, Oct 23 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof has encouraged multinational companies investing in Malaysia to collaborate with local small and medium enterprises (SMEs).