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KAB partners Janakuasa in Vietnam renewable energy venture

Kejuruteraan Asastera Bhd (KAB) , a Malaysian mechanical engineering company. Signed an agreement with Janakuasa Pte., Ltd. to enter the renewable energy market in...

Trump’s tariffs led to billions of losses, Fed research shows

At the beginning of last year, there was an extremely unlikely anomaly in global trade consciousness: China mentioned that it was promoting other goods...

Singapore’s GIC buying 16% stake of Sunway Healthcare for RM750m

Singapore sovereign wealth fund GIC Pte Ltd acquired a 16% stake in Sunway Healthcare Holdings Pte Ltd (SHH) for RM750 million. In a statement...

World Bank lowers Malaysia GDP growth due to pandemic.

Kuala Lumpur: Malaysia's GDP development has been brought down to 4.5% this year from the prior 6%. According to World Bank amid the emotional...

BNM’s international reserves rise to US$111bil as at June 15

After appointing Nor Zahidi Alias as an external member of the Monetary Policy Committee (MPC) of Bank Negara Malaysia. National Bank’s foreign exchange reserves...

Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.

Despite the Biden government's call for the closure of domestic semiconductor manufacturing. GlobalFoundries Inc will build a US$4 billion (RM16.4 billion) chip factory in...

Singapore and Vietnam to work on pacts to boost digital economy

Singapore: Singapore and Vietnam have given their consents to speed up the formation process. For joint working gatherings to foster reciprocal arrangements on the...

Petronas and SEA eyeing digital banking licence

Kuala Lumpur: SEA ltd and Petroliam Nasional Bhd (Petronas) are one of the organizations intending to offer an advanced digital banking license in Malaysia....

Maybank IB clinches top awards at FinanceAsia Country Awards, Alpha SEA

Kuala Lumpur: The top honours of the investment banking categories at the recent FinanceAsia Country Awards 2021 were secured by Maybank Investment Bank (Maybank...

IJM Corp entered into a deal with KLK to dispose of...

IJM Corp Bhd has agreed to sell all 56.2% of the shares of the IJM Plantation subsidiary KLK Bhd for RM1.53 billion in cash...
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