CelcomDigi, Maxis Sign DNB SSA But With Heavy Caveats
Both Maxis and CelcomDigi Berhad have announced that on December 1 2023 entered into a conditional share subscription agreement with MoF Inc. and DNB to subscribe for new ordinary shares in the government-owned DNB.
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INV Starts Work On The RM3.2 Billion Lithium Battery Plant In Penang
China based, INV New Material Technology (M) Sdn. Bhd., a subsidiary of Shenzhen Senior Technology Material Co. Ltd., a prominent player in the global lithium battery separator industry, has marked a significant milestone with the launch of its inaugural plant in Malaysia.
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Rafizi Unveils Progressive Wage Policy To Tackle Low Wages, Boost Productivity
In a move aimed at addressing the pressing issue of low wages and transforming the labor market, Malaysia’s Economy Minister, Rafizi Ramli,…
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GXBank Launches Digital Banking App In Malaysia With Innovative GX Card, Savings Features
Equalbase, a Singapore-headquartered real estate group specialising in sustainable commercial and industrial logistics facilities, and Sunway, have jointly held a groundbreaking ceremony for a RM 8 billion (S$2.28 billion) development of a sustainable Free Commercial Zone…
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Sunway, Equalbase To Build RM8 Billion Commercial Zone In Iskandar Puteri
Equalbase, a Singapore-headquartered real estate group specialising in sustainable commercial and industrial logistics facilities, and Sunway, have jointly held a groundbreaking ceremony for a RM 8 billion (S$2.28 billion) development of a sustainable Free Commercial Zone for the logistics industry in Sunway City Iskandar Puteri, Johor.
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Axiata’s 9M Loss Balloons To RM1.3 Billion
Axiata Group Berhad reported revenue of RM5.6 billion for quarter three FY2023, slightly higher compared to RM5.3 billion it registered in the previous year.
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Malaysia’s PPI Declines Marginally In October, As Manufacturing Slows Down
Malaysia’s Producer Price Index which measures the prices of goods at the factory gate, declined marginally by negative 0.3 percent in October 2023 after an increase of 0.2 percent in September 2023.
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Investors In Malaysia Forced To Reconsider Their Investment Strategies: Schroders
Investors in Malaysia have been forced to re-evaluate their investment strategies in response to the new economic reality and ongoing inflation and geopolitical uncertainty, Schroders Global Investor Study 2023 has found.
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PetChem Suffered A 77% Decrease In Profits For Q3
Petronas Chemical Group recorded a lower plant utilisation rate of 77% as compared to 97% in the corresponding quarter mainly due to higher statutory turnaround and plant maintenance activities during the quarter resulting in lower production & sales volumes.
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