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Sime Darby Motors Assigned Distributorship For BYD Electric Vehicles In M’sia

Sime Darby Motors has secured distribution rights for BYD electric vehicles in Malaysia with the signing of an MOU with the Chinese car maker....

K-One Recieves MDA Nod To Sell Silicone Adhesive Tape Used For Wound Care

K-One Technology Berhad has received approval from the Medical Device Authority to distribute and sell silicone adhesive tapes primarily used for wound care dressing....

Opprtunities Shaping Shariah Compliant Sustainable Financial Offerings

The global Islamic finance industry, with total assets of US$3.06 trillion, has the potential to contribute significantly toward addressing the funding gap in meeting...

HSBC Amanah Develops Framework That Aligns With VBI

HSBC Amanah Malaysia Berhad has developed its work framework to help the Bank further its aspirations as a practitioner of Value-Based Intermediation. The Tripple...

Ageson And Kobena To Develop RM35 Million Gombak Land

Ageson via its 99% subsidiary Solidvest Properties Sdn Bhd has entered into a memorandum of understanding with Koperasi Belia Nasional Berhad to sell a...

MyNews, The Worst May Be Over: Kenanga

MYNEWS’s 9month results beat expectations due to stronger-than expected rebound in sales on the economy reopening. Quarter 3 net loss narrowed to RM1.5m from...

Yinson And Shift Partner For First Pay-As-You Go Energy For Electric Cargo Ships

Shift Clean Energy will be involved in the first all-electric battery swapping vessel in the Port of Singapore with the collaboration of SeaTech Solutions...

Could Farm Fresh See Greener Pastures After Dropping From A High?

Since its whirlwind listing in April, Farm Fresh's share price has fallen 15% this year from its 52-week high of RM1.86 to close at...

Sapura Energy In Line, In The Red

Sapura Energy in its latest financial statement remained in the red for the 6th consecutive quarter, which is continuously weighed down by legacy issues....

Maybank To Fully Migrate To Secure Authentication By June 2023: CEO

Maybank said it will fully migrate to a more secured authentication method via Secure2u by June 2023 for online activities or transactions relating to...

Starbucks Opens 6000th Store In China

Starbucks Tuesday celebrated its 6,000th store in the Chinese mainland, located in downtown Shanghai. Shanghai became the first city in the world to have 1,000...

Domestic Food Demand Drives PT Resources Profits Past 60%

PT Resources Holdings Berhad recorded a revenue of RM115.3 million for its first quarter ended 31 July 2022, an increase of 55.6% from RM74.1 million...

Despite Revenue Jumping 81% MyNews Continues Losses

Convenience store operator, Mynews recorded a revenue of RM170.20 million for the quarter which was RM76.31 million or 81.3% higher than the preceding year’s...

VS Industry Full Year Revenue Dips To RM3.91 Billion While Profit Slips To RM169.7 Million

Electronics player V.S. Industry Berhad reportd its fourth quarter and full year financial results with the group registering a revenue of RM3.91 billion, which...

Qatar Airways And British Airways Complete Partnership To Form Largest Joint Business

Qatar Airways and British Airways have completed the latest phase in the expansion of their partnership, offering a total of 185 destinations across more...

SNS Network Profits Jump 43% In First Post IPO Reporting

SNS Network Technology Berhad announced its first quarterly report post its IPO, with a 19.7% rise in revenue to RM296.93 million for the second quarter...

EdgePoint To Roll Out Climate Monitoring Network With Pessl In Penang

EdgePoint Infrastructure with Pessl Instruments GmbH will be rolling out a climate monitoring network, beginning with a pilot project in Penang. Its arm EdgePoint...

Bank Negara And Bank Indonesia Renew Currency Swap Agreement Of Up To RM8 Billion

Bank Negara Malaysia and Bank Indonesia renewed the Local Currency Bilateral Swap Agreement (LCBSA) of up to RM8 billion / IDR28 trillion. This follows the first...

Seaports And Logistics Sector Navigate Choppy Waters

Research house Kenanga remains cautious on seaport operators in general, buffeted by a weak outlook for global trade. The WTO recently downgraded its global...

Banking Associations Asks Customers To Be Patient On Possible Transaction Delays When Implementing BNM’s 5 Measures

The country's major banking associations namely the Association of Banks Malaysia, the Association of Islamic Banking and Financial Institutions Malaysia, and The Association of...

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