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Sime Darby Completes 100% Acquisition Of UMW Holdings

Sime Darby Berhad announced that it has successfully completed its acquisition of UMW Holdings Berhad with 100% stake in automotive group making it...

Binasat Subsidiary Lands RM58 Million Cabling Contract From TNB

Connection Sdn. Bhd., a 51%-owned subsidiary of Binasat in consortium with Binalite Electrical Engineering Sdn. Bhd. received a Letter of Acceptance From TNB for...

Mah Sing To Acquire Land Worth RM392 Million For A RM3.3 Billion GDV Township Project

Mah Sing has announced that it proposes to acquire 500 acres in Beranang Ulu Langat from Petaling Garden for a purchase consideration of RM392...

MGB Receives LOA For RM207 Million Property Project In D’Island

MGB Berhad has accepted a letter of award from Anuar Aziz Architect on behalf of Astana Modal Sdn. Bhd. for a proposed development project...

Lexus Design Philosophy Spills Into Its Luxury Yachts

Yes Lexus also has its name on luxury yachts, the Lexus Luxury Yacht, LY 650, will take the next step in its evolution as...

China Is Apple’s Most Critical Supply Chain

Apple CEO Tim Cook on Wednesday reiterated the company's long-term commitment to the Chinese market, speaking during his ongoing visit to Shanghai. "There's no supply...

Ex-Insurance Agent of 19 Years Suing Prudential SG For Wrongful Termination

A veteran insurance agent who was an agency leader within his company's network of agents is suing his former employer, Prudential Assurance Co Singapore,...

Cost Of Living: Spectre Of Affordability Crisis Looms

Malaysians are feeling the pinch of rising costs from costly utility bills to our favourite bazaar Ramadan delicacies rising by at least 20% with...

Boustead, Westair Sign Agreement For Offshore Helicopter Lease In Africa

Boustead Holdings subsidiary MHS Aviation and Westair Helicopters have signed a 7-year leasing agreement where the latter will lease the Airbus H175 equipped...

Green Building Index Receives ISO Certification

Green Building Index (GBI), Malaysia's International Green Benchmark, has attainment of the ISO 9001:2015 Quality Management System certification. GBI’s achievement was officially recognised on...

Epicon Awarded RM89 Million Housing Project Job By Perak State

EPICON has informed that its wholly owned subsidiary Transnational Builder Sdn. Bhd. had received a letter of award from Perak State government linked company,...

Radium Declares First Interim Dividend Of 1sen

Recently listed Radium Development Berhad has announced its First Single-Tier Interim Dividend to its shareholders of 1.00 sen per ordinary share for the financial...

Malaysian Islamic Banks Remain Primary Engine Of Financing Growth

Malaysian Islamic banks are expected to remain the primary engine of financing growth in the domestic banking sector. “Spurred by the ‘Islamic First’ strategy...

EPL Obtains Singapore Court Order To Force ISPs Block Illegal Streaming

The English Premier League has obtained an order from Singapore's High Court to force internet service providers (ISPs) to block access to 25 websites...

MIDF Foresees Fed Cutting Rates In Later Half Of 2024

The Fed’s FOMC decided to maintain the existing target of fed funds rate (FFR) at 5.25-5.50% after the Mar-24 policy meeting. The move was...

Labuan IBFC Establishes China Desk For Smoother Cross-Border Business Flow

Labuan IBFC Incorporated Sdn Bhd has informed that it has established the Labuan IBFC China Desk in efforts to support economic and trade exchanges...

Report Shows MSMEs Continue To Depend On Banks For Financial Support

The Alliance Bank in its MSME Business Outlook Report 2024 Malaysia revealed that the landscape is resilient for Micro, Small, and Medium Enterprises as...

Yinson’s Second FPSO For Brazil Sets Sail

The mega project undertaken by Yinson is finally completed with the company's FPSO Atlanta setting sail to Brazil recently, marking the successful completion of the project...

Google, Malaysian Govt Working On Two Initiatives For Youths And Public Services

The Malaysian government and Google have announced two focused initiatives to equip Malaysian youth with future-ready skills focused on AI, and enhance public service...

Tech Industry Sector Outlook Brighter Than 12 Months Ago

Following a challenging start to 2023 for the technology sector, characterized by macroeconomic weaknesses and cost-savings, company strategies centered on generative artificial intelligence (GenAI)...

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