LATEST NEWS   Super League: Kuching City 3-0 Kedah | Kolej Profesional Baitulmal KL and Institut Kemahiran Baitulmal to Merge, Rebranded as Kolej Profesional MAIWP - Mohd Na’im | The investment is similar to what other countries have undertaken to facilitate the restructuring of their critical industry players like Singapore's Sembcorp and South Korea's Daewoo Shipbuilding - PNB | The investment is critical in facilitating the completion of one of the largest debt restructuring exercises in Malaysia, involving some of the largest banks - PNB | The investment will help prevent the liquidation of SEB, which would result in the fire sale of strategic national oil and gas assets, domestically and globally - PNB | 

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Govt Has Approved 21 Data Centre Projects Worth RM113.8 Bln Since 2021 - MITI

KUALA LUMPUR, March 12 (Bernama) -- The government has approved 21 data centre projects under the Digital Ecosystem Acceleration Scheme with a total investment of RM113.8 billion since 2021.

Venturetech Invests In Pomen To Drive Digital Transformation For Fleet Maintenance, Workforce Management

PUTRAJAYA, March 12 (Bernama) -- VentureTech Sdn Bhd has announced a strategic investment in Pomen Autodata Sdn Bhd to drive digital transformation for fleet maintenance and workforce management. 

UEM Lestra Team Ups With ACWA Power To Develop IWPP Facilities In Malaysia

KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

Ringgit Closes Lower Against US Dollar Ahead Of US Inflation Data

By Danni Haizal Danial Donald

KUALA LUMPUR, March 12 (Bernama) -- The ringgit closed lower against the US dollar on Wednesday on caution ahead of US inflation data later tonight and as the global trade war escalated.

AEON Credit Fully Redeems RM200 Mln Subordinated Sukuk

KUALA LUMPUR, March 12 (Bernama) -- AEON Credit Service (M) Bhd announced that it has fully redeemed its RM200 million subordinated sukuk today. 

FBM KLCI Extends Decline Amid Rising Global Trade Tensions

By Siti Noor Afera Abu

KUALA LUMPUR, March 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued its decline, breaching the key support level of 1,490-1,500, driven by heightened investor concerns over the potential repercussions of an escalating global trade dispute.

Hong Kong's Unity Group To Cut 25 Mln Tonnes Of Co2 Emission From Malaysian Projects

KUALA LUMPUR, March 12 (Bernama) -- Hong Kong-listed Unity Group Holdings International Ltd is targeting a 25-million tonnes reduction in carbon dioxide (CO2) emissions in Malaysia through its sustainability projects.

IJM Secures 143-year Leasehold Of London's Finsbury Circus For RM407.9 Mln

KUALA LUMPUR, March 12 (Bernama) -- IJM Corporation Bhd has secured a 143-year leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London’s central business district and a prime commercial property in its financial core. 

Observo AI, SiS Technologies Ink Deal To Meet Singapore's Data Pipeline Demands

KUALA LUMPUR, March 12 (Bernama) -- Observo AI, a leader in artificial intelligence (AI)-powered telemetry data pipelines, has entered a strategic distribution partnership with SiS Technologies, a premier value-added distributor in Singapore.

Scientex Posts Lower Net Profit Of RM123.95 Mln In 2Q

KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier. 

Malaysia Continues To Monitor Global Trade Situation, Implications On Economy - Liew

KUALA LUMPUR, March 12 (Bernama) -- The government continues to monitor the global trade situation in the face of aggressive trade policy changes by the United States (US) and assess its implications on the development of the country's economy, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.