German Group Koerber Invests RM95 Mln In Shah Alam Facility
SHAH ALAM, March 31 (Bernama) -- Koerber Technologies Sdn Bhd, a subsidiary of Germany-based technology group Korber, is investing RM95 million to expand its manufacturing facility here.
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BNM Processes 1.7 Bln Banknotes In 2025, 86 Pct Handled Via Automated Cash Centre
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) has processed 1.7 billion banknotes in 2025, compared with 2.5 billion in 2024, with 86 per cent handled through the automated cash centre (ACC) compared with 69 per cent in the previous year.
Paragon Globe Partners Shanghai-Listed GSP To Develop Automotive Hub In Iskandar Puteri
JOHOR BAHRU, March 30 (Bernama) -- Paragon Globe Bhd (PGB) has entered into a strategic partnership with Shanghai-listed GSP Automotive Group, via its subsidiary GSP Automotive Malaysia Sdn Bhd, to develop an automotive industrial hub in Iskandar Puteri, Johor.
World Bank Group’s IFC, OCI Terrasus team Up To Advance Malaysia’s Semiconductor Push
KUALA LUMPUR, March 30 (Bernama) -- The World Bank Group, via its private-sector arm the International Finance Corporation (IFC), has partnered with OCI TerraSus Sdn Bhd (OCI TRS), a unit of South Korea’s OCI Holdings Company Ltd, to advance Malaysia’s participation in the global semiconductor supply chain and create jobs in the country.
Digital Realty Powers Samsung Electronics IT Operations In Seoul
KUALA LUMPUR, March 26 (Bernama) -- Digital Realty, the world’s largest cloud- and carrier-neutral data centre platform, announced it is providing enterprise-grade colocation infrastructure support to Samsung Electronics in Seoul.
ADB Rolls Out Financial Support Package Amid middle East Conflict
KUALA LUMPUR, March 24 (Bernama) -- The Asian Development Bank (ADB) has rolled out a financial support package to help its developing member countries (DMCs) mitigate the economic and financial impacts resulting from the conflict in the Middle East.
Curia Expands Glasgow Facility, Enhances Biologics Platform
KUALA LUMPUR, March 24 (Bernama) -- Curia, a contract research, development and manufacturing organisation, announced progress on the expansion of its sterile drug product facility in Glasgow, United Kingdom, alongside enhancements to its proprietary cell line development (CLD) platform.
Foreign Investors Record US$12.13 Bln Outflow Across Eight Asian Markets Last Week
KUALA LUMPUR, March 24 (Bernama) -- Foreign investors extended a five-week streak of net selling across eight Asian markets, with net outflows totalling US$12.13 billion, according to MBSB Investment Bank Bhd.
Maybank Extends S$65 Mln Loan For Singapore’s Fourth Egg Farm Project
SINGAPORE, March 20 (Bernama) -- Maybank has extended a term loan facility of up to S$65 million (S$1=RM3.08) to ISE Foods Holdings (IFH) as the sole bank financier to partially finance the development of Singapore’s fourth egg farm (SG4EF).
European Central Bank Leaves Rates Unchanged Amidst Heightened Geopolitical Tensions
FRANKFURT, March 20 (Bernama-Xinhua) -- The European Central Bank (ECB) on Thursday kept key interest rates unchanged as heightened geopolitical tensions weigh on the outlook of inflation and economy in the euro area, reported Xinhua.
Attack On Qatar's LNG Facility Raises Risk Of Wider Supply Disruptions In Asia
KUALA LUMPUR, March 20 (Bernama) — Asia-Pacific economies now face rising risks of physical shortages, not only of energy, following the latest Iranian attack on Qatar’s Ras Laffan LNG facilities, including oil and gas but also of fertilisers and, by extension, potentially food later in the year.
RM30 Bln Intel Investment Set To Drive New Phase In Malaysia’s Chip Industry - Tengku Zafrul
KUALA LUMPUR, 19 Mac (Bernama) -- A RM30 billion investment by Intel Corporation in an advanced semiconductor packaging facility in Malaysia is seen as a key driver for the next phase of the country’s chip industry, said the chairman of the Malaysian Investment Development Authority (MIDA).